Any Current Special Assessment at Maui Schooner?

[lizfox]

I'm looking into purchasing a timeshare at Maui Schooner but I want to make sure there are no pending special assessments here since several Hawaii timeshares have been hit with large special assessments recently. Anyone have any information on this?

 

[barefootnAR]

The owners voted it down. or another way to put it there were not enough votes for it to go into affect. Our MF did go up a few points. I'll pull my files and to get correct amount but less than $100 for our 2 BR. The board has an update policy in place and they are doing it one unit at a time in a couple of different phases. Several units have had phase one completed.
We did get all new beds last summer. Very nice. Our manager is really on top of things and there is hardly any turn over of staff. Clean, clean clean, units inside and out, grounds great shape.
We love our two weeks at the Schooner.
Sterling show reply soon, he owns 3 weeks.

 

[Kauai Kid]

No special assessments at the Schooner. The Schooner is a democratically operated time share with the owners having control--no corporate board of directors in a Las Vegas high rise. The BOD is composed of owners only.

By slightly increasing the maintenance fee, less than $100/yr, and stretching out the refurb to five years, there was no need for a special assessment.

The majority of the funds to be used are already "stockpiled" because the BOD runs the place right. If the refrigerator wears out in ten years they save one tenth of the cost of a fridge every year and then when the tenth year rolls around the funds are there.

Hope that helps you make your decision.

Sterling