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Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
Westin Kaanapali North ocean front (not ocean view) 2 bedroom, every other odd year passed ROFR at $8,750 (ROFR passed mid-February, before corona really blew up, so I don't think corona had anything to do with it). I just didn't want to say anything until I had the final paperwork in hand, just in case something went south with the closing.
Congrats on passing ROFR, thats a great price/purchase. If you dont mind sharing, did you cover all the closing costs or split closing? If so how much was it on your end. I’ve been told that closing costs are factoring into the total deal when Marriott decides on ROFR. Asking for research and am super curious. Thanks and enjoy that timeshare.
Westin Ka’anapali Ocean Resort Villas (South) 1 bedroom Ocean View annual passed ROFR at $6,223.58. Seller paid closing cost. ROFR waived in 5 days. Deed was registered with Marriott 40 days after submittal. Hawaii escrow & title insurance through Old Republic was $915.00. Reimbursed seller for 2020 maintenance fees for 2020 first use. The entire process from start to finish took 18 weeks.
Westin Ka’anapali Ocean Resort Villas (South) 1 bedroom Ocean View annual passed ROFR at $6,223.58. Seller paid closing cost. ROFR waived in 5 days. Deed was registered with Marriott 40 days after submittal. Hawaii escrow & title insurance through Old Republic was $915.00. Reimbursed seller for 2020 maintenance fees for 2020 first use. The entire process from start to finish took 18 weeks.
I have not seen any Westin Flex data points, but Marriott exercised their ROFR on a 148,100 Westin Flex package and bought it. Resale price was $10,000 w/buyer paying closing costs.
I have not seen any Westin Flex data points, but Marriott exercised their ROFR on a 148,100 Westin Flex package and bought it. Resale price was $10,000 w/buyer paying closing costs.
@Theiggy
Closing costs using SMTN was around $1200 but there was a $599 "credit" if we closed within a certain amount of time. Total out the door with closing costs was like $3600.
Westin Kaanapali Resort Ocean Villas WKORV (south) 2 bedroom, ocean view, annual, 148100 options. $13,000 plus $550 in closing costs passed ROFR in 5 days after submit. Adding to ROFR.net
Westin Kaanapali Resort Ocean Villas WKORV (south) 2 bedroom, ocean view, annual, 148100 options. $13,000 plus $550 in closing costs passed ROFR in 5 days after submit. Adding to ROFR.net
Congrats!!! Thats an awesome price, almost unbelievable, way lower then I thought was possible right now. Ive been speaking recently to Syed at Advantage Vacations (bought a couple from him in the past) about prices/recent Marriott exercised ROFRs as we are looking to add to our Maui contracts and I remember him telling me they exercised ROFR on an OV unit in the South he was brokering at $17k + closing. Yours passing at $13k + $550 closing is the lowest ive heard of since Covid started. If possible can you share where you purchased from, Redweek or broker?
We haven't seen any new inventory being conveyed to the Westin Flex trust, so not surprised they would take this back to be able to flip it for big bucks. I suspect they aren't adding any new inventory in anticipation of whatever might be coming down the pike for a combined program with Marriott.
Westin waived ROFR last week at $15,000 for WKORV-N EOYE Oceanfront. I realize that seems high, but Syed advised us that Westin has been exercising ROFR for higher than usual amounts lately. Seller split the costs and was current on maintenance.
Wyndham; Disney OKW & SSR; Marriott's Willow Ridge, Shadow Ridge and Grand Chateau; Val Chatelle; Hono Koa OF (3); SBR(LOTS), SDO a few); WKORV-OFC-4 and Westin Desert Willow.
I should have posted my own. I know you had one for sale. Mine were $39K, passed in just a few days. Bought two oceanfront center 2 bed lockoff units. Bought from Syed at advantagevacation.com
It's nice to have a bit of money to buy what I want and pay outright for it. The reservations the current owner had for next year were exactly what we needed X 2 to complete our five-week stay.
Hono Koa fees have gotten out of control for the oceanfront units. The management company truly sucks and people are not paying. That is my guess. Fees are about $2,350 for a 2 bed unit in the oceanfront view. The other views are not that expensive. It's oceanfront, larger units, that cost that much. We love the view, and an oceanfront hotel room is about that much.
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