Purchasing a Time Interval

Whaler Time Interval Ownership offers an exceptional opportunity to enjoy the benefits of owning at The Whaler without the expense and responsibility of year-round ownership. Most full-unit owners spend only two to four weeks on Maui each year and rely on rental income during the remaining weeks to help offset ownership costs. Time Interval Ownership allows you to enjoy your time in paradise while sharing the annual expenses with other owners, making it a smart, affordable, and low-maintenance way to own at The Whaler on Kaanapali Beach.

DOWNLOAD MY BUYER'S GUIDE:   TIO 101

Financing Your Whaler Time Interval Purchase

Financing is not available for resale Time Interval Ownership (TIO) purchases at The Whaler on Kāʻanapali Beach. As a result, all resale purchase contracts are written as cash transactions.

Many buyers obtain the necessary funds through a home equity line of credit (HELOC), personal line of credit, sale of stocks or investments or other financing arranged with their local bank or credit union before submitting an offer. This allows the purchase to proceed as a cash sale.

Typical escrow periods range from 30 to 90 days.

THIS IS A TIME SHARING SALES PRESENTATION.  ANY PURCHASER HAS, UNDER THE LAW, A SEVEN-DAY RIGHT OF RESCISSION OF ANY TIME SHARING SALES CONTRACT.

Annual Fees

Time Interval ownership maintenance fees are paid annually. Fees are based on the unit's square footage and cover the costs of ownership, including property taxes, unit maintenance and improvements, and all costs during your annual occupancy. A detailed breakdown of the annual maintenance fees for each interval is available to help buyers fully understand the ownership costs before making a purchase.

Commissions

Following the National Association of REALTORS® settlement, real estate commissions in Hawaii are fully negotiable and are no longer displayed as blanket offers of buyer-broker compensation in the MLS. Sellers may choose to contribute toward a buyer's broker compensation or other closing costs, but they are not required to do so. Each transaction is negotiated independently, providing greater transparency and flexibility for both buyers and sellers while allowing compensation arrangements to reflect the unique circumstances of each sale.

 

Let's Talk Story

The time interval ownership structure is quite simple once you learn the ropes. Let's talk about the best way this ownership structure can work for you.