Timeshare Buyer Frequently Asked Questions
If you have questions about buying a Ka’anapali timeshare, read through these common questions from timeshare buyers. Our experienced and licensed real estate agents will explain how to buy a timeshare and handle every step of the process for you. We are also available to answer any additional questions you may have about buying a timeshare, so you can stop asking yourself, “Should I buy a timeshare?”
Timeshare Buyer Questions
See answers to some of the most frequently asked questions about buying a Ka’anapali timeshare below. You can also call us at 1-844-202-3504 with additional questions.
What is a timeshare resale?
A timeshare resale is a timeshare that is being sold by the current owner, not by the resort. Timeshare resales can cost up to 60% less than their original value because their prices are not inflated by marketing costs and high-pressure sales presentations. In a popular destination like Ka’anapali Beach, a timeshare resale is the most affordable option for those interested in vacation ownership. Buying a Ka’anapali timeshare resale will also be significantly less expensive than purchasing a vacation home. Browse through our selection of Ka’anapali timeshares for sale today.
What does a timeshare offer that a hotel does not?
A timeshare resort typically offers larger accommodations and a better selection of amenities than the average hotel at the same price point. A hotel usually provides you with a studio room with a small bathroom and few other amenities. With a timeshare, you receive a condo-style unit with multiple bedrooms, bathrooms, separate living and dining areas, and a full kitchen or kitchenette, in addition to the other amenities. The Westin Ka’anapali Ocean Resort Villas, for example, even offer luxuries like oversized tubs and private lanais in most units.
In addition to these luxurious accommodations, timeshare resorts often feature amenities like spas, fitness centers, and daily activities on-site. At the Westin Ka’anapali, owners enjoy beach access, a large heated swimming pool, several whirlpools, a top-of-the-line spa, and several on-site dining options.
What are maintenance fees?
As a timeshare owner, you will be required to pay maintenance fees. The resort management company or homeowners association typically uses these fees to pay for property taxes, utilities, insurance, and maintenance expenses, including beautification of the property and unit. Most maintenance fees are charged annually, although some resorts may require them monthly or biennially.
Is financing available for timeshare resales?
Yes, most timeshare buyers can receive financing. Our licensed Ka’anapali timeshare real estate agents are available to discuss your financing options. Call us at 1-844-202-3504 to learn more about financing your timeshare resale today.
Can I exchange my timeshare?
Yes, in fact, the ability to exchange your timeshare is one of the primary advantages to purchasing a timeshare. As an owner, you can join a timeshare exchange company to trade your week with other timeshare owners. If you want to vacation somewhere different, you can trade for any of the thousands of affiliated resorts throughout the world.
The two leading timeshare exchange companies are Resort Condominiums International (RCI) and Interval International (II). Some timeshare resorts also offer their own internal exchange program, but most give owners the option to trade using an external company like RCI or II. Third-party exchange companies like these typically require an additional membership fee with the option to cancel or renew each year.
What are the benefits of working with a licensed real estate agent?
Working with one of our experienced real estate agents will eliminate stress of finding and buying a timeshare yourself. Our agents will:
- Search through timeshare resales and present you with options catered to your needs.
- Negotiate with the seller to provide you with the best possible price.
- Guide you through the closing process.
All you’ll have to do is sign the paperwork! You can also rest assured that the purchase will be completed legitimately because our broker is licensed and bonded.
Do I need to hire a lawyer when I buy a timeshare?
No, you do not need to hire a lawyer in order to buy a timeshare. KaanapaliTimeshare.com will recommend a trustworthy timeshare closing and title transfer company that will handle the entire closing process. This includes deed preparation, escrow of funds, estoppel certificate, closing statements, and recording fees, typically for one low, flat rate. Plus, their work is reviewed by in-house attorneys to ensure accuracy.