Comments on: Time Share Owners will not be paying the Capital Initiation Fee! http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/ What are your thoughts on the proposed fee? Sun, 20 May 2012 17:07:04 +0000 http://wordpress.org/?v=2.5.1 By: TTIN http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-164 TTIN Mon, 05 May 2008 22:32:14 +0000 http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-164 Someone posted that there were 70 votes, for just "one" of the Time Share properties. Someone posted that there were 70 votes, for just “one” of the Time Share properties.

]]> By: Just Asking http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-163 Just Asking Mon, 05 May 2008 20:40:29 +0000 http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-163 Someone posted that there were 70. Does anyone know how many votes the developer has? Is it more than 70? Someone posted that there were 70. Does anyone know how many votes the developer has? Is it more than 70?

]]> By: TTIN http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-162 TTIN Mon, 05 May 2008 19:25:38 +0000 http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-162 Thanks, Big Mac. The POA Board President says that the Time Share properties/owners will not be required to pay the Capital Initial Fee. Therefore, if you want to defeat the Capital Initiation Fee, you must overcome the Time Share properties/owners block votes. How many votes do the Time Share properties/owners have, Just Asking? Thanks, Big Mac.

The POA Board President says that the Time Share properties/owners will not be required to pay the Capital Initial Fee.

Therefore, if you want to defeat the Capital Initiation Fee, you must overcome the Time Share properties/owners block votes.

How many votes do the Time Share properties/owners have, Just Asking?

]]> By: Just Asking http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-159 Just Asking Sun, 04 May 2008 21:32:16 +0000 http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-159 Why would the board be seeking time share votes for a CIF if the option desired by most property owners is to raise monthly assessments by $40. They can do that without a vote. Why would the board be seeking time share votes for a CIF if the option desired by most property owners is to raise monthly assessments by $40. They can do that without a vote.

]]> By: Rena http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-158 Rena Sun, 04 May 2008 18:21:48 +0000 http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-158 Forget the developer. Let’s look at my situation. Correct me if I’m wrong. A $40 monthly assessment increase equals $480/annually and will cost me $4800 if I live here 10 years. A 1% CIF on my $500,000 house will cost me $5000. I don’t plan to live here 10 years (most people don’t); won’t a $40 monthly assessment increase be much cheaper for me? And isn’t the CIF an even worst deal for me if I factor in any house price appreciation. Please give me the $40 monthly assessment increase. And as an added benefit to the community, wouldn’t the monthly assessment fee increase require that the time-shares owners pay their fair share also? Just asking. Forget the developer. Let’s look at my situation.

Correct me if I’m wrong.

A $40 monthly assessment increase equals $480/annually and will cost me $4800 if I live here 10 years.

A 1% CIF on my $500,000 house will cost me $5000.

I don’t plan to live here 10 years (most people don’t); won’t a $40 monthly assessment increase be much cheaper for me? And isn’t the CIF an even worst deal for me if I factor in any house price appreciation.

Please give me the $40 monthly assessment increase.

And as an added benefit to the community, wouldn’t the monthly assessment fee increase require that the time-shares owners pay their fair share also? Just asking.

]]> By: Just Asking http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-157 Just Asking Sun, 04 May 2008 17:38:16 +0000 http://4kfee.com/against-it/time-share-owners-will-not-be-paying-the-capital-initiation-fee/#comment-157 Let's see.....if monthly assessments are increased to catch the Time Share owners then all current property owners will see a significant increase. There will be almost no impact on the developer. If the CIF is voted in the developer will pay millions on the sale of his lots and homes. This provides funds that property owners won't have to pay. Which do you favor? Let’s see…..if monthly assessments are increased to catch the Time Share owners then all current property owners will see a significant increase. There will be almost no impact on the developer.

If the CIF is voted in the developer will pay millions on the sale of his lots and homes. This provides funds that property owners won’t have to pay. Which do you favor?

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