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HOA Fees #166768
07/28/2018 09:52 AM
07/28/2018 09:52 AM
Joined: Oct 2013
Posts: 368
Kansas City Missouri
kccouple Offline OP
Traveler
kccouple  Offline OP
Traveler
Joined: Oct 2013
Posts: 368
Kansas City Missouri
Do owners of multiple weeks in Condos pay the same maintenance fees for every week they own? Are there any fee breaks? Aren't maint. fees several hundred dollars per week at most nicer condos?We were watching a show on TV about owning condos and their HOA? Maint. fees are for a month usually. Just curious.

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Re: HOA Fees [Re: kccouple] #166769
07/28/2018 10:12 AM
07/28/2018 10:12 AM
Joined: Feb 2006
Posts: 490
MILford,CT.
B
bonsie Offline
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bonsie  Offline
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B
Joined: Feb 2006
Posts: 490
MILford,CT.
Maintenance fees are a set price for the size of your unit. If you have more that one unit then you will pay the fee for each unit. The fees will vary depending on the size of your unit. I own at OBBR and I call them and pay a monthly payment or you can pay one yearly payment.

Re: HOA Fees [Re: kccouple] #166774
07/28/2018 11:08 AM
07/28/2018 11:08 AM
Joined: Mar 2009
Posts: 18,571
Auburn, WA
SXMScubaman Offline
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SXMScubaman  Offline
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Joined: Mar 2009
Posts: 18,571
Auburn, WA
HOA fees are different than Timeshare Maintenance fees. MF's are as explained above whereas HOA fees are set by the HOA and everybody pays the same and can be billed monthly, quarterly or yearly.

Re: HOA Fees [Re: kccouple] #166777
07/28/2018 12:50 PM
07/28/2018 12:50 PM
Joined: Aug 2000
Posts: 1,370
Hershey, Pennsylvania
Tom Offline
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Tom  Offline
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Joined: Aug 2000
Posts: 1,370
Hershey, Pennsylvania
Simply stated, True ownership of a condo, villa, apt. etc. normally does include a MF paid at agreed upon (monthly/quarterly/annual) intervals.
Timeshare is not really ownership of property but an ownership of an agreed upon week or weeks at a resort and MF for same is normally billed annually. I do not know for certain but would assume the folks at our timeshare facility that have timeshares of 3-4 months understandably negotiated a reduced rate for their MFs.


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