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Basic closing costs Hawaii

TJALB

TUG Member
Joined
Jul 25, 2014
Messages
157
Reaction score
20
Points
128
Location
Arizona
Resorts Owned
Diamond Resorts International/Sheraton:
Kaanapali Beach Club, HGV-Max
Westin/Ventana/Marriott-Bonvoy:
Westin Kaanapali Ocean Resort Villas NORTH
Does anyone have a general idea what closing costs should cost for a Hawaii resale week? Its been awhile since I purchased my 2 resale weeks in Hawaii but, it seems like closing fees were approximately $350.00 each and of course the resort transfer fee is in addition to the closing fees. I don't need a title search as I'm not paying that much for the deeded week. I'm sure someone out in TUG land has a general idea what closing costs should be to close in Hawaii. I realize Hawaii is a bit more expensive than in the mainland. I was interested in a deeded week on another resale site, but the closing fees seemed quite high in comparison to what I paid for 2 separate resales here on TUG about 5 years ago.
I would appreciate any advice anyone could give me. Also, is it possible to do the paperwork myself and not use a closing company. I once purchased a timeshare from a friend and did the paperwork myself. I realize Hawaii has more rules and regulations and this might not be an option this time. Thought the question might be worth asking though. I don't mind doing the leg work myself if it will save me money.

Thanks everyone!
 

SmithOp

TUG Review Crew
TUG Member
Joined
Jun 17, 2010
Messages
7,644
Reaction score
3,441
Points
499
Location
Huntington Beach, CA
Resorts Owned
HGVC King's Land 2BR Premier 23.040K Points.
I've sold Hawaii property for as little as $200 closing using LT Transfers, no escrow.

I've purchased from a full service realtor and paid $1000 with escrow.

If using escrow on Hawaii properties it has to be through a Hawaiian company, I've used Old Republic in Honolulu.


Sent from my iPad using Tapatalk
 

TJALB

TUG Member
Joined
Jul 25, 2014
Messages
157
Reaction score
20
Points
128
Location
Arizona
Resorts Owned
Diamond Resorts International/Sheraton:
Kaanapali Beach Club, HGV-Max
Westin/Ventana/Marriott-Bonvoy:
Westin Kaanapali Ocean Resort Villas NORTH
Thank you so much for the valuable information. I will go forward with the resale purchase and I'm goin to use LT Transfers. I checked online and they quote $250.00 which is very reasonable. I'm not going to use a escrow company because I'm purchasing the TS for under $400.00 so it's not worth the escrow fee. LT is less than half of what the other closing companies want for the transaction.
Thank you!
 
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