2018 Maintenance Fees

[Braindead]

The most likely answer is. CWA owners are paying into a second reserve fund that the CWA board setup for CWA itself. That’s on top of the reserve funds paid to the individual resorts.

The maintence fees and associated fees of the resort are in the CWA fee(s) to the Owners. A reserve fund can be used for a lot of things depending how it is set up. A good possible example would be special assessments if they get hit with many many many of them due weather etc. Or unexpected costs that are incurred such as lawsuit losses that are not insured etc.

Your usual rambling just to post something

 

[Avislo]

My Wyndham site shows the following under my Club Wyndham Access contract (note: CWA contract is referred to as a HOA and the fee shows up as this HOA fee):


Total HOA

• Maintenance Fees:
  (86,000 / 1000) * $5.49 = $472.14
• Reserve Fund:
  (86,000 / 1000) * $0.11 = $9.46
• Total HOA Fee:
  (86,000 / 1000) * $5.60 = $481.60
• Program Fee
  (86,000 / 1000) * $0.57 = $49.02
• Annual Fee:
  $481.60 + $49.02 = $530.62
• * Monthly Fee:
  $530.62 / 12 = $44.22

• Contract Type
  Undivided Interest (UDI)
• Points Owned
  86,000
• Payment Frequency
  Monthly

 

[Braindead]

My Wyndham site shows the following under my Club Wyndham Access contract (note: CWA contract is referred to as a HOA and the fee shows up as this HOA fee):


Total HOA

• Maintenance Fees:
  (86,000 / 1000) * $5.49 = $472.14
• Reserve Fund:
  (86,000 / 1000) * $0.11 = $9.46
• Total HOA Fee:
  (86,000 / 1000) * $5.60 = $481.60
• Program Fee
  (86,000 / 1000) * $0.57 = $49.02
• Annual Fee:
  $481.60 + $49.02 = $530.62
• * Monthly Fee:
  $530.62 / 12 = $44.22

• Contract Type
  Undivided Interest (UDI)
• Points Owned
  86,000
• Payment Frequency
  Monthly

Clarifies what? We already know about the reserve fund item. Your big space posts all the time reminds me of all the big pictures on the website

 

[Family_travel]

Wyndham Smoky Mountains (UDI)
Maintenance Fees:$3.78
Reserve Fund: $1.39
Property Tax: $0.15
Total HOA Fee: $5.32


Wyndham Patriots' Place (F/W)
Maintenance Fees: $5.09
Reserve Fund: $2.26
Property Tax: $.30
Total HOA Fee: $7.65


Wyndham Avenue Plaza (F/W)
Maintenance Fees: $4.30
Reserve Fund: $1.11
Property Tax: $.15
Total HOA Fee: $5.56

 

[ntcfm1]

Wyndham Bonnet Creek (UDI)
Maintenance Fees:$3.94
Reserve Fund: $0.97
Property Tax: $0.96
Total HOA Fee: $5.87

Wyndham Kona Hawaiian (UDI)
Maintenance Fees:$3.73
Reserve Fund: $1.27
Property Tax: $0.16
Local Tax $0.22
Total HOA Fee: $5.38

 

[kaljor]

You know in at least the two prior years lots of people posted lots of Maintenance Fee
information about lots of the resorts. I know I found that incredibly helpful as I
was shopping the secondary market to buy my first Wyndham points. In fact if you look at the sticky
for 2017 Maintenance fees you'll see a very long and detailed list. I don't know who put that
all together in one post, but before that it was a different thread where TUG members would
list their new MF's just like in this thread I'm posting in.

I'm posting this to bump it to the front and to ask any TUG members who are so inclined
to add to this thread by posting their 2018 MF's if they are not already listed. I know
it's a big help for potential buyers and also for current small owners (like me) who
might be looking to slowly increase their total points. If you want to do this I would
suggest posting in the same format as the first 2 posts in the thread. That format seems
thorough and makes it easy to compare apples to apples.

 

[Family_travel]

bump

 

[hk94]

I don't have last year's numbers handy, but what was in the sticky for 2017 seems high. Since the hurricanes devastated this resort, I'm not looking forward to 2019.
Bluebeard's Beach Resort (F/W)
Maintenance Fees: $5.16
Reserve Fees: $0.56
Total HOA: $5.73
Taxes: Not listed

 

[geerlijd]

I started the thread so I will copy what's been posted into an organized list in my first post.

Sent from my XT1585 using Tapatalk

 

[erniecrews]

Wyndham Desert Blue PR
Maintenance Fees .. $3.82
Reserve Fund ......... $0.46
Total ......................$4.28

Wyndham Smugglers Notch Vermont PR
Maintenance Fees .. $4.43
Reserve Fund ........ $0.50
Property Tax ......... $0.35
Total .................... $5.28

 

[kaljor]

Wyndham Nashville, TN
UDI

Maintenance Fees $4.90
Reserve Fund $1.61
Property Tax $ .36
TOTAL $6.87

Program fee not included in above.

 

[geerlijd]

I consolidated all the posts to date for UDI contracts. I left out converted fixed weeks, since these can be all over the map. I was hoping to edit my initial post and add this in, but couldn't edit the post from December anymore. Does one of the mods want to make this a sticky?

2018 Wyndham Maintenance Fees:

2018 Program fee increased 1.8%: $0.58/1000 pts ($151 minimum) with Plus Partners, and $0.56/1000 pts ($131 minimum) without Plus Partners.
2017 Program fee was $0.57/1000 pts ($147 minimum) with Plus Partners, and $0.55/1000 pts ($128 minimum) without Plus Partners.

Avenue Plaza (F/W)
Maintenance Fees: $4.30
Reserve Fund: $1.11
Property Tax: $.15
Total HOA Fee: $5.56

Bali Hai Villas, Contract Type U-EV
Maintenance Fees: $2.54
Reserve Fund: $0.61
Property Tax: $0.25
Local Tax: $0.14
Total: $3.54 / 1000 pts (2.6% increase - 2017 was $3.45)

Bonnet Creek
Maintenance Fees $3.94
Reserve Fund $0.97
Property Tax $0.96
TOTAL $5.87 (+0.24 | 4.2% increase)

Canterbury
Maintenance Fees: $2.70
Reserve Fund: $0.48
Property Tax: $0.37
Total: $3.55 / 1000 pts (3.5% increase - 2017 was $3.43)

Club Wyndham Access
Total: $5.76 / 1000 pts (2.85% increase – 2017 was $5.60 )

The Cottages
Maintenance Fees: $4.79
Reserve Fund: $1.42
Property Tax: $0.32
Total HOA Fee: $6.53 (2.2% increase)

Desert Blue PR
Maintenance Fees .. $3.82
Reserve Fund ......... $0.46
Total ......................$4.28

Grand Desert Tower 2
Maintenance Fees: $3.62
Reserve Fund: $0.85
Property Tax: $0.13
Total: $4.60 / 1000 pts (1.91% increase - 2017 was $4.52)

Grand Desert (Building 3)
Maintenance Fees $3.66
Reserve Fund $0.86
Property Tax $0.14
TOTAL $4.66 per thousand

Midtown 45 NYC
Maintenance Fees: $4.22
Reserve Fund: $0.28
Total: $4.50 / 1000 pts

Kona Hawaiian (UDI)
Maintenance Fees:$3.73
Reserve Fund: $1.27
Property Tax: $0.16
Local Tax $0.22
Total HOA Fee: $5.38

Nashville, TN UDI
Maintenance Fees $4.90
Reserve Fund $1.61
Property Tax $ .36
TOTAL $6.87

National Harbor
Maintenance Fees $3.08
Reserve Fund $0.61
Property Tax $0.45
TOTAL $4.14 per thousand (2.2% increase over 2017)

Ocean Boulevard
Maintenance Fees $3.57
Reserve Fund $1.07
Property Tax $0.25
TOTAL $4.89 per thousand (4% increase over 2017)

Pagosa (Teal Landing)
Maintenance Fees: $4.54
Reserve Fund: $1.44
Property Tax: $0.10
Total HOA Fee: $6.08 (6.3% increase)

Panama City Beach Presidential Reserve
Maintenance Fees $3.58
Reserve Fund $0.56
Property Tax $0.18
TOTAL $4.32 (was $4.40 for 2017) per thousand

Patriots' Place (F/W)
Maintenance Fees: $5.09
Reserve Fund: $2.26
Property Tax: $.30
Total HOA Fee: $7.65

Royal Vista
Maintenance Fees $4.57
Reserve Fund $1.40
Property Tax $0.18
TOTAL $6.15 (+0.16 | 2.7% increase)

Smoky Mountains (UDI)
Maintenance Fees:$3.78
Reserve Fund: $1.39
Property Tax: $0.15
Total HOA Fee: $5.32

Smugglers Notch Vermont PR
Maintenance Fees .. $4.43
Reserve Fund ........ $0.50
Property Tax ......... $0.35
Total .................... $5.28

South Shore
Maintenance Fees: $3.15
Reserve Fund: $0.65
Property Tax: $0.12
Total: $3.92 / 1000 pts (2.3% increase - 2017 was $3.83)

Waikiki Beach
Maintenance Fees $3.40
Reserve Fund $0.76
Property Tax $0.34
Local Tax $0.21
TOTAL $4.71 per thousand

 

[Richelle]

Branson at the Meadows

Maintenance Fees: $4.52

Reserve Fund: $1.50

Property Tax: $0.11

Total HOA Fee: $6.13 per thousand


Patriots Place F/DS

Maintenance Fees: $3.53

Reserve Fund: $1.57

Property Tax: $0.20

Total HOA Fee: $5.30 per thousand

 

[bksmm]

Fairfield Mountains (Maple Ridge):
Single Share
Maintenance Fees $887.42
Reserve Fund $328.42
Property Tax $22.78
TOTAL $1,238.62 (5.77% increase)

Sedona (UDI):
Maintenance Fees $3.95
Reserve Fund $0.96
Property Tax $0.19
TOTAL $5.10 (2.8% increase, was $4.96)

 

[GT1]

Wyndham Williamsburg - Kingsgate (Converted Week F/DS 203Kpts)
Maintenance Fees: $646.48
Reserve Fund: $274.20
Property Tax: $36.78
Total HOA Fee: $957.46 or $4.72 per thousand (~2% decrease from 2017)


Wyndham Resorts at Fairfield Glade (Converted F/W 105Kpts)
Maintenance Fees: $591.77
Reserve Fund: $201.53
Property Tax: $7.16
Total HOA Fee: $800.46 or $7.62 per thousand (~2% decrease from 2017)

 

[skotrla]

I consolidated all the posts to date for UDI contracts. I left out converted fixed weeks, since these can be all over the map. I was hoping to edit my initial post and add this in, but couldn't edit the post from December anymore. Does one of the mods want to make this a sticky?

2018 Wyndham Maintenance Fees:

2018 Program fee increased 1.8%: $0.58/1000 pts ($151 minimum) with Plus Partners, and $0.56/1000 pts ($131 minimum) without Plus Partners.
2017 Program fee was $0.57/1000 pts ($147 minimum) with Plus Partners, and $0.55/1000 pts ($128 minimum) without Plus Partners.

What determines whether you are charged the Program Fee with or without Club Partners?

-Scott
Owner, HICV Google+ Group

 

[markb53]

What determines whether you are charged the Program Fee with or without Club Partners?

-Scott
Owner, HICV Google+ Group

If you purchased from Wyndham, you get plus partners and have to pay an additional couple cents per 1000 points on the program fee. If you purchase resale you don’t

 

[skotrla]

If you purchased from Wyndham, you get plus partners and have to pay an additional couple cents per 1000 points on the program fee. If you purchase resale you don’t

Great thanks for the clarification.

Is the minimum non-Plus fee of $131 applied per contract or per account? When maintenance is quoted by a seller, is it typically quoted without program component, at the $0.56/1K point level, or at the $131 minimum level (assuming owner only has 1 contract).

-Scott

 

[markb53]

Great thanks for the clarification.

Is the minimum non-Plus fee of $131 applied per contract or per account? When maintenance is quoted by a seller, is it typically quoted without program component, at the $0.56/1K point level, or at the $131 minimum level (assuming owner only has 1 contract).

-Scott

Yes. So if you are purchasing a resale 200k point with a maintenance of $5.60 per k. The total maintenance fee would be $1120 plus $131.00 program fee since 200k would be below the minimum. Every seller will be different different based on what they own. For instance. If you were to be looking at a 126k CWA contract from someone where that was their only contract. Assuming they quoted the correct amount, which is not always the case. CWA is currently $5.76 so a 126k would be $725.76 Plus the $131 program fee, if they bought it resale, or $151 program fee, if they bought it direct. For a total of $856.76 or 876.76. But if the person is selling one contract in a larger account. The amount they would quote might be $796.32 for resale or $798.84 for a Wyndham purchase. You can't always trust what the seller quotes so you need to do the research and know what the maintenance is likely to be before you bid. Also you should ask the seller for a onwership printout from Wyndham.

 

[wwholl]

Wyndham Williamsburg - Kingsgate
Maintenance Fees: $2.72
Reserve Fund: $1.15
Property Tax: $0.15
Total HOA Fee: $4.02 per thousand

Wyndham Resorts at Fairfield Bay
Maintenance Fees: $5.52
Reserve Fund: $1.96
Property Tax: $0.17
Total HOA Fee: $7.65 per thousand

Wyndham Flagstaff - Tanglewood
Maintenance Fees: $4.71
Reserve Fund: $1.17
Property Tax: $0.21
Total HOA Fee: $6.09 per thousand

 

[kaljor]

Wyndham Resorts at Fairfield Bay
Maintenance Fees: $5.52
Reserve Fund: $1.96
Property Tax: $0.17
Total HOA Fee: $7.65 per thousand

I own at Fairfield Bay and my MF's are much lower that this (I posted on the previous page $3.89, 1.66, .14 Total $5.69). I took my figures straight off my statement. Does anyone know why we would have such a big difference in MF? Is it because converted fixed weeks are assessed differently? I have a week 43 which has been converted to 154,000 points. According to the points chart this would equate to a 2 BR Plus.

I'm very puzzled by the whole converted fixed week type of contract. Anyone have any insight into this?

By the way, I only bought it for the points, so I'm not concerned about the different ARP system with this purchase, I'm just curious about the difference in the MF's posted here.

 

[paxsarah]

The situation with converted fixed weeks is that all 2 bedroom units, for instance, will have the same maintenance fees, but they were issued different numbers of points based on season. A prime season converted fixed week may have some of the best MFs in the system, while an off season converted fixed week may have some of the worst.

 

[Nomad34]

Very true .our red week and blue week had same HOA program fee which was high and only small difference in other area .

The situation with converted fixed weeks is that all 2 bedroom units, for instance, will have the same maintenance fees, but they were issued different numbers of points based on season. A prime season converted fixed week may have some of the best MFs in the system, while an off season converted fixed week may have some of the worst.

 

[markb53]

T

The most likely answer is. CWA owners are paying into a second reserve fund that the CWA board setup for CWA itself. That’s on top of the reserve funds paid to the individual resorts.

Your usual rambling just to post something

I think the extra reserve fund for CWA started in 2017. I would be curious to know the reason for the addition.

 

[Richelle]

Last year, it took me like three hours to create a spreadsheet for these, because we had a ton of people to were kind enough to provide us with their MF info. Also, I'm no excel expert, so that probably didn't help. Think we can get that to happen again? You provide the info, I'll provide the spreadsheet. Deal?