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What is the MF fee now?

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  • What is the MF fee now?

    When I did my last points add a few months ago, I understood the base was $290 plus $.027 per point. I just checked the BG website, and the price listed was about $500 more than I figured. Let me just say OUCH.

    I know there were MF or some other numbers thrown around after the meeting. I have 5 accounts and the fees per account are all over the place, but of course, some are higher or lower points.

    What are the fees I should be seeing now?

    Don
    Don

  • #2
    If you are looking at your current fees on the website, click on the individual account numbers and it should explain your fees for each.

    I agree, Ouch!

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    • #3
      Good call Redman.

      When I went to an account, this is what it said:
      Annual ownerships are billed at a flat rate of $290 per owner, plus $0.0335 per Point ($0.0244 Maintenance Fee + $0.0091 Real Estate Tax). The Special Assessment is billed at $0.0042 per point.

      When using those numbers, it does come out, but wholy cow, that is a jump from what I thought I was going to be paying.

      So next year, are we still paying the special assessment or is that a one time payment?
      Don

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      • #4
        That is a one time fee for this year. Who knows about next year. Cross your fingers for future mild hurricane seasons.

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