What is this TS exactly?

[topcop400]

I told my physician I'd help him sell his Hawaii TS if I could. Then I asked him to tell me what he owns. Ugh. I'm not even sure I know what it is.

http://www.kenanikai.com/

Anyone here familiar with this? They call themselves an "Association of Apartment Owners". Does this mean it was not developer-built? A nearby restaurant is closed and the association is trying to sell deeds for $2,500 and they're paying half the closing costs. It all sounds odd. Who manages the place?

Any info would be appreciated.

 

[Saintsfanfl]

It looks like an independent. That is not unusual. They trade in II.

 

[presley]

There are lots of those weeks available for trade in Platinum Interchange. Since it's Molokai, I wish him luck in unloading it.

 

[rhonda]

Link to past sale on Bargain Board: http://tugbbs.com/forums/showthread.php?t=179089

 

[DeniseM]

It is a condo complex with a handful of timeshare units in the complex - maybe 5 or 6. It's hard to sell something on Molokai, because of the local economy and lack of amenities. It's not just a nearby restaurant that's closed - the two major resorts have closed - the only 2 on the island, and Kenani Kai is in one of the resorts. Most of the complex is residential.

In fact a Tugger has been trying to give one away for months.

If your Dr. is motivated, he should give it away and pay the MF's for a future year or 2 to sweeten the deal.