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Old 02-01-2018, 01:10 AM
 
Location: Western Asia
3,187 posts, read 1,440,670 times
Reputation: 2524

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Quote:
Originally Posted by KiwiKate View Post
It has been many years since I checked out the condos there. I'd be very surprised if the ones you're seeing at $42 a month are the ones I looked at a few years ago. Now you've made me curious -- I'll check some of them out on Realtor.com and report back.
This one says $42/mo. Beautiful condo.
https://www.zillow.com/homes/for_sal...96_rect/13_zm/?
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Old 02-01-2018, 08:05 AM
 
Location: Henderson, NV
3,451 posts, read 2,253,177 times
Reputation: 36542
Quote:
Originally Posted by American Expat View Post
This one says $42/mo. Beautiful condo.
https://www.zillow.com/homes/for_sal...96_rect/13_zm/?
If you read the breakdown included in the link above, I think you'll find that's just the master plan fee. Each village has additional fees, SIDS and LIDS on top of that.
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Old 02-01-2018, 08:38 AM
 
Location: Washington State
18,445 posts, read 9,548,793 times
Reputation: 15733
Quote:
Originally Posted by KiwiKate View Post
If you read the breakdown included in the link above, I think you'll find that's just the master plan fee. Each village has additional fees, SIDS and LIDS on top of that.
I have no idea what SIDS & LIDS are but I don't like the sound of them.
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Old 02-01-2018, 09:45 AM
 
Location: Denver CO
21,155 posts, read 11,754,604 times
Reputation: 32132
Quote:
HOA Fees: $509
Association: Lake Las Vegas Maste Association
Fee 2: $150
Association Fee 2: Monthly
Association Fee: Yes
Association Fee 1: Monthly
http://www.estately.com/listings/inf...-principale--5

and per that link, even the master fee is $125 a month, not $42
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Old 02-01-2018, 12:50 PM
 
Location: Henderson, NV
3,451 posts, read 2,253,177 times
Reputation: 36542
Total HOA on that property = $659.
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Old 02-01-2018, 01:40 PM
 
Location: Denver CO
21,155 posts, read 11,754,604 times
Reputation: 32132
Quote:
Originally Posted by KiwiKate View Post
Total HOA on that property = $659.
actually, it's $784 according to what I linked.

Assn 1: 509
Assn 2: 150
Master: 125
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Old 02-03-2018, 11:59 PM
 
Location: Western Asia
3,187 posts, read 1,440,670 times
Reputation: 2524
Quote:
Originally Posted by emm74 View Post
actually, it's $784 according to what I linked.

Assn 1: 509
Assn 2: 150
Master: 125
Yikes! Is there an end point to those fees? That probably takes it off my radar unless there's a point at which you're done paying those various fees.
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Old 02-04-2018, 10:15 AM
 
Location: SC
1,959 posts, read 1,163,320 times
Reputation: 3181
Quote:
Originally Posted by johngolf View Post
I agree. My son will get my house and with no mortgage, it is all profit for him.
Good for you!...and him. Doesn't he have to pay some sort of inheritance tax on it though?
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Old 02-05-2018, 10:58 AM
 
Location: Denver CO
21,155 posts, read 11,754,604 times
Reputation: 32132
Quote:
Originally Posted by American Expat View Post
Yikes! Is there an end point to those fees? That probably takes it off my radar unless there's a point at which you're done paying those various fees.
I can't speak for that particular complex, but generally speaking, no, there is no end point. These are ongoing maintenance fees used to maintain the common elements, the grounds and all of the community amenities. They don't go away, they just go up over time.
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Old 03-06-2018, 03:33 AM
 
71,463 posts, read 71,652,652 times
Reputation: 49027
Quote:
Originally Posted by moxiegal View Post
Good for you!...and him. Doesn't he have to pay some sort of inheritance tax on it though?
not likely unless it is over federal and state limits
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