Please post your 2013 STARWOOD Maintenance Fees Here

DeniseM · Oct 12, 2012

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Please post 2013 Starwood Maintenance fees in this thread

Maintenance fee bills have started coming you, so I am starting our annual thread.

Please post the breakdown of all fees - not just the total.

THANKS!

Example:

Vistana Resort - Lakes

Dedicated 2 Bdm.

Operating Assessment - $656.38
Replacement Reserve - $125.43
Estimated Real Estate Tax - $141.56
SVN Fee - $0.00 *
ARDA Contribution - $0.00 **

TOTAL - $923.27

DeniseM · Oct 12, 2012

Vistana Falls: Proposed

Proposed (to be approved at the Oct. 23rd meeting)

$753.26 (without taxes which weren't listed)

2012 total: $855 + $58.52 taxes

pointsjunkie · Oct 15, 2012

SVV key west
1br $465.60
2br $958.06
2 br lo $1263.73
3 br lo $1729.33

went down from last year.

I did not include the $125 club dues in the above.

pointsjunkie · Oct 18, 2012

svv bella

1 br $454.98
2 br $980.44
2br l/o $1270.35

does not include the $125 membership.

YYJMSP · Oct 18, 2012

SVR Spa (proposed)

All are 2BR dedicated units.

Proposed $602.85 MF + $117.11 reserve = $682.29, not including taxes or SVN fee. MF includes $32.24 surplus from previous year (so would have been $635.09).

Just under 10% of budgetted MFs are for uncollectable accounts.

Last year was $608.43 MF + $73.86 reserve + taxes, so essentially unchanged other than an increase in the reserves.

To be approved at Oct 25th board meeting...

komosatp · Oct 23, 2012

HRA Phase II

Proposed:
1 BR: $1,524.99
1 BR Prem: $1,633.27
2 BR: $1,830.25
2 BR LO: $2,912.99
3 BR LO: $3,110.57

PamMo · Oct 23, 2012

Harborside Phase I (Proposed)

Proposed:

1 BR: $1,382.05
1 BR Prem: $1,492.97
2 BR LO: $2,810.56 (2% increase from 2012 MF's)

These MF's do NOT include the $125 SVN membership fee.

jarta · Oct 23, 2012

komosatp said:
Proposed:
1 BR: $1,524.99
1 BR Prem: $1,633.27
2 BR: $1,830.25
2 BR LO: $2,912.99
3 BR LO: $3,110.57

For 2012, the MF bill for my 3-br lockoff was $3,025.17 without the SVN fee. With the SVN fee, it was $3,150.17.

If the SVN fee is not included in your 2013 amount, 2013 is a 2.8% increase over 2012. Salty

komosatp · Oct 23, 2012

See attached document

YYJMSP · Oct 23, 2012

SVR Cascade (proposed)

1BR - $265.36 MF + $64.50 reserve = $315.73
2BR - $550.96 MF + $134.45 reserve = $655.96
2BR L/O - $715.25 MF + $174.68 reserve = $851.67

None including taxes or SVN fee.

MF includes $27.36/$57.02/$74.09 surplus from previous year (so MF portions would have been $292.72/$607.98/$789.34).

Just over 6% of budgetted MFs are for uncollectable accounts.

Last year was $291.53/$605.51/$786.11 + reserve + taxes, so essentially unchanged (before considering the carried forward surplus) other than a

55% increase in the reserves.

To be approved at Oct 25th board meeting...

bjones9942 · Oct 24, 2012

Costa de Oro, Mazatlan, MX

[I'm sorry, but this is for Starwood MF's - DeniseM]

DavidnRobin · Oct 24, 2012

^^^^ not SVO ^^^^

hypnotiq · Oct 24, 2012

SBP
2Bed (non lockout)
2013: $ 924.25
2012: $ 1,122.67
Diff: 21.5% decrease

scootr5 · Oct 24, 2012

hypnotiq said:
SBP
2Bed (non lockout)
2013: $ 924.25
2012: $ 1,122.67
Diff: 21.5% decrease

Yep, and my EOY premium 1 bedroom is $373.24, down from $453.36.

grgs · Oct 24, 2012

hypnotiqDiff: 21.5% [B said:
decrease[/B]

That's great news for SBP owners! It gives me hope that SDO's mf will in fact decrease after the renovation.

Glorian

jkrischt · Oct 24, 2012

Westin Riverfront EOY 2BR L/O posted on MSC:

Maintenance Fee(s) $ 746.93
Tax - If Applicable $ 17.86

Last Year:

Maintenance Fee(s) $ 743.49
Tax - If Applicable $ 39.10

Not sure why such a big drop in taxes. I have a feeling that may be adjusted higher, I recall that happening in the past.

Maint Fees is less the 1 % increase though.

Brad

jkrischt · Oct 24, 2012

Looks like WKORV was posted on MSC as well. EY 2BR L/O

2013:

Maintenance Fee(s) $ 2,091.04

2012:

Maintenance Fee(s) $ 2,050.53

1.97% increase

Its nice to see these small increases across the board. And a well overdue SBP decrease! I thought all you owners would never catch a break with that place

Brad

sml2181 · Oct 24, 2012

Sheraton Steamboat Villas

3 bedroom platinum winter

Maintenance Fee(s) $ 1,329.48

Tax - If Applicable $ 33.69

Last year:
Maintenance Fee(s) $ 1,321.15

Tax - If Applicable $ 61.46

rickandcindy23 · Oct 24, 2012

Great news for SBP, as already reported above for the 2 bed Plantation Villas

SBP 2 bedroom, Lock-off villa, Plantation Phase:

Maintenance Fee(s) $ 1,156.54

Tax - If Applicable $ 0.00

Membership Fee - If Applicable $ 0.00

Other* $ 0.00

Interest $ 0.00

Late Fees $ 0.00

ARDA ROC PAC Contrib.** $ 5.00

Sub-Total
Current Year Charges $ 1,161.54

pathways25 · Oct 24, 2012

Westin Kaanapali Ocean Resort Villas North - 2BR LO annual

Current Year Charges

Maintenance Fee(s) $ 2,344.44
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 5.00

Sub-Total
Current Year Charges $ 2,349.44
Less Payments*** $ 0.00
Total Due $ 2,349.44

Net of SVN and ARDA is $2,344.44, a decrease of $0.12 (0.0%).

pathways25 · Oct 24, 2012

Westin Kaanapali Ocean Resort Villas North - 2BR LO EOY

Current Year Charges

Maintenance Fee(s) $ 1,192.22
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00

Sub-Total
Current Year Charges $ 1,192.22
Less Payments*** $ 0.00
Total Due $ 1,192.22

Net of SVN and ARDA is $1,192.22, a decrease of $0.06 (0.0%).

pathways25 · Oct 24, 2012

Westin Kaanapali Ocean Resort Villas - 2BR LO EOY

Current Year Charges

Maintenance Fee(s) $ 1,065.52
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00

Sub-Total
Current Year Charges $ 1,065.52
Less Payments*** $ 0.00
Total Due $ 1,065.52

Net of SVN and ARDA is $ 1,065.52, an increase of $20.35 (1.9%).

YYJMSP · Oct 24, 2012

WKORV - 2BR L/O Deluxe

MF - $2,881.32

was $2,825.51 last year, so ~2% increase

DavidnRobin · Oct 24, 2012

WKORV 2Bd LO Deluxe (large) - EY

2013 MFs = $2881.32 {w/o SVN and ARDA}
[1.98% increase over 2012]

2012 MFs = $2825.51

PS - YYJMSP beat me to it...
Good to see MFs level off.

jarta · Oct 24, 2012

You can keep budgeted expenses down by reducing the percentage of loss due to MF non-payors.

In past years, as delinquencies skyrocketed due to the economy, Starwood prudently raised the allowance due to non-payors. It caused the MFs to go up more than normal. Some who did not understand what was going on screamed bloody murder.

Now, there are more owners who are forecast to pay their assessments. So, as the loss percentage goes down, the MF rises are slight to nothing for 2013. Salty

Please post your 2013 STARWOOD Maintenance Fees Here

DeniseM

DeniseM

pointsjunkie

pointsjunkie

YYJMSP

komosatp

PamMo

TUG Review Crew: Veteran

jarta

komosatp

Attachments

YYJMSP

bjones9942

TUG Review Crew

DavidnRobin

hypnotiq

scootr5

TUG Review Crew: Veteran

grgs

TUG Review Crew

jkrischt

jkrischt

sml2181

rickandcindy23

TUG Review Crew: Elite

pathways25

pathways25

pathways25

YYJMSP

DavidnRobin

jarta