Sandspoint West HOA

How to calculate fee reduction

I forgot to mention, here is another way to calculate your maintenance fee reduction: Take your current monthly maintenance fee and deduct 23% from it. Or take your current maintenance fee and multiply by 0.77

Either way would equal your new monthly maintenance fee. It's about $52 per month lower for everyone.

For those renters who have been asking me about their rate, I really can't answer since that would be up to your landlord and your lease contract. I would advise that you contact your landlord since it doesn't hurt to ask for a reduce rent amount. You might have a nice landlord. Good luck!

By James

Fee Reduction

Wow, $52 monthly fee reduction for everyone. How did y'all do it??? Will y'all be able to save anything for future repairs???
On your newsletter y'all said that more than $360,000 was spent for rehabs within 2 years. That blew me way. I'm still very disturbed with the amount we could have in our reserve fund by now. Imagine beginning 10 years ago, we could save $200K (deduct $100K for various repairs), we could have $1 million in our reserve by now, or $2 millions in 20 years. Now if you're still argue that previous mainteance fees were lower, then by how much? Would that equal to our new fees in 2008? You can't argue that any previous repairs were more costlier than $360,000+ entire complex rehabs.
Sorry I can't let go of this issue but I'm very bothered.

By Anna

By the way

Hey John, you were asking about free cable? This is even better. I'm paying $36 per month for basic cable. Now I can afford dish network or a premium movie channel.

By Anny

Coupons

Man, you must not be getting much for Christmas to be looking forward to receiving those coupon books.