WSJ October Surprise

[Loriannf]

Opened my mail today. Great News! They're planning on updating the kitchens and bathrooms at WSJ Virgin Grand. BAD NEWS: Assessment of approximately $1038 a year for three years in addition to regular maintenance fees of $1921. Grand total per ownership week $2959.02 this year.

But, we get granite countertops, wood cabinetry, state of the art appliances including a new stove, microwave, refrig, and washer and dryer, oversized floor and shower tile and stainless steel kitchen sinks. Oh MY!

Those new stoves better include an oven.

Lori

 

[Beaglemom3]

Ouch !
Please, can you tell us what bldg. you are in ?
Thank you,
B. - I haven't signed the final line, yet !

 

[stevens397]

Let me get this straight-

$1,000 x 3 years = $3,000
$3,000 x 50 weeks = $150,000!

Nice friggin kitchens!

 

[GrayFal]

Ouch !
Please, can you tell us what bldg. you are in ?
Thank you,
B. - I haven't signed the final line, yet !

Owners have already paid for the curent upgrades of new furnishings, lighting, etc.

This will REALLY be the icing on the cake!
Keep thinking of those fabulous views :whoopie:

 

[Loriannf]

We own two weeks, ouch

We own three bedroom pool villas in both building 42 and building 43. If you're interested, all of the three bedrooms are being assessed $1038, the two bedroom Premiums are the same; the Two bedroom townhouses are $865.17, the Townhouse suites are $692 and the Terrace Suites are $519.

What's really funny is this information is buried in the proposed budget. The cover letter states "This increase, and average of $625 per vacation ownership week, will affect your 2009, 2010 and 2011 maintenance fees."
So, ok, I was thinking the 3 bedrooms would be a bit more than $625, but come on, $1038 in addition to MFs?

Lori

 

[DavidnRobin]

I can't wait to see my mail on this.

How does an average of $625 per week come out of this when all but one type of unit (studio) is >$625 - fuzzy math...

 

[LisaRex]

Jeez Louise. I'm hoping that WKORV has a reserve fund for these things.

 

[OCsun]

OMG!

Gee Wiz! I just finished reading that my Marriott Ocean Club unit is raising our annual maintenance fee 35%, in addition to assessing us $500 a year for two years and now this! I am experiencing a little Timeshare shock -

I must admit, I am thrilled that WSJ is doing this makeover which will make our units better than GREAT!!! It is something that I can see paying off in the long run and the WSJ is my favorite of all my timeshares. The upgrades will include the bathrooms as well as the kitchen so - I say, lets do it! I can't help myself since I love St. John. Pam

 

[Westin5Star]

Hmmm. I am hoping that some WSJ owners decide to sell.

 

[Carolyn]

Let's not forget about the every building "being fitted with a standing seam metal roof which is stylish, highly durable, fire resistant and long lasting". A roof should certainly be covered in the reserve fund and not funded by a special assessment.

 

[LisaRex]

Hmmm. I am hoping that some WSJ owners decide to sell.

You're hoping that people will not be able to afford special assessments so you can scoop up a bargain? Gosh, I must be in a crappy mood today because I'm not seeing the humor in that.

Sorry.

 

[mariawolf]

Boy am I happy--we are getting a complete renovation in Phase 1 of Harborside without any special assessment. It seems to me that costs of renovating should be included in reserves--that is what my HOA in my home does. Are they keeping yearly assessments down but then counting on special assessments?? That should not be how it is handled.