The pros of timeshares in Hawaii

The pros of timeshares in Hawaii

Ocean Wind Realty specializes in timeshare resales in Hawaii and we are here to help you find the right timeshare for you. But before purchasing a timeshare, it is important to understand the pros of having a timeshares. So why is timeshare so great? Here's why. 1. Having a timeshare means you have a second home at a fraction of the cost of buying an entire house or a condo. You also do not need to worry about maintaining you house/condo as your resort company will take care of that (with your annual…continue reading →
Hilton timeshare guide: seasons, points etc

Hilton timeshare guide: seasons, points etc

Seasons at Hilton Grand Vacation Club Timeshare resort units are subdivided into 52 separate units of time (52 weeks in 1 year), each week sold separately and usually sold to a maximum of 51 owners. Each owner of a timeshare unit would own a deeded interest in 1/51 of the unit, which represents one week of ownership every year or every odd/even year. Hilton divides the 52 weeks into two different seasons: Platinum (1-18 weeks, 23-35 weeks, 42-52 weeks) Gold Season (19-22 weeks, 36-41 weeks) Simply put, Platinum season is high season (summer/christmas time…continue reading →
Renting out a timeshare unit

Renting out a timeshare unit

Q: If I rent out my timeshare unit, will I have to report the income for income tax purposes? A: In almost every situation, you are required to report the income on your tax return. The timeshare rental income is taxable, just like any other income you have. Q: What deductions are allowed as write-offs? A: Deductions may include your annual maintenance fee, advertising, rental commission, depreciation, property taxes (if you pay them separately from the maintenance fees) and interest expense on your timeshare loan (if you have a loan on the timeshare).…continue reading →
Hilton timeshare Hokulani in Waikiki

Hilton timeshare Hokulani in Waikiki

We had the opportunity to take a look at a timeshare unit in Hilton Hokulani this past week and would like to share some of our photos on our website. The great thing about Hilton Hokulani is that it is right in the middle of Waikiki, the interior is brand new, the service is fairly luxurious like a hotel, and more over, the decor is contemporary. There are two common downsides Hilton Hokulani guests tend to notice. One is that there are no ocean view units like Lagoon Tower or Grand Waikikian. However, if…continue reading →
Hilton Timeshare Reservation Types

Hilton Timeshare Reservation Types

There are mainly three types of reservations at Hilton Grand Vacation Club. Hilton Home Week Reservation (9 months - 12 months) If you are looking to use your timshare in the resort you hold the ownership for and you'd like to stay for an entire week, checking in on Saturday, then you are able to make a reservation from as early as 1 year in advance of your check in date. The home week reservation applies up until 9 months prior to the check in date. Home week researvations do not any reservation…continue reading →
Timeshare and hotel comparison

Timeshare and hotel comparison

How much money can I save by owning and using a timeshare rather than paying the hotel rate? Let's take an example of a 2 bedroom unit in Hilton's Grand Waikikian with an ocean view sold for $45,000. If you rent a similar size unit with an ocean view in Waikiki, rates run at around $1,000 per night. Here is a comparisone of how much you will pay in 15 years Hotel $7,000 each week x 15 years = $105,000 Timeshare $1,700 each year (maintenance fee) x 15 years = $ 25,500 (+ purchase price…continue reading →
A guide to views and points

A guide to views and points

Today, we would like to write about the "views" of timeshare units. In our listing database of resale timeshares, you will see the view listed under the category Type. (Some resorts do not have view types so it may be blank.) Here is a list of abbreviations and what they each mean. OV = Ocean View POV = Partial Ocean View GV = Garden View Points will depend on the actual view the unit has. For instance with Hilton, points accrued each year will differ depending on whether you have an ocean view or…continue reading →
Why buy a timeshare from the developer?

Why buy a timeshare from the developer?

Here are some of the advantages of buying a timeshare directly from a timeshare resort developer such as Hilton, Marriot or Wyndham. For instance, buying a timeshare in a new resort at an early stage will certainly allow you to choose from a wide range of choices in terms of available weeks or seasons, amenities and its location within the resort. There is also an element of trust associated with buying directly from an established brand in which you have confidence. In addition, if you need financing to purchase a timeshare, the developer…continue reading →
Buying a timeshare through the resale market

Buying a timeshare through the resale market

Until the mid 1990s, most buyers bought timeshare intervals directly from the resort developer such as Hilton, Marriot or Wyndham. The resale market began growing and now, because of the internet, buyers have more access to a variation of information and increased options for purchasing a timeshare. Today, many will tell you that the best way to buy a timeshare is through the resale market. The main reason behind this is simply that resales cost considerably less than those offered by timeshare resort developers. Resale timeshares are about 30% to 50% below developer…continue reading →
Nearest supermarkets and drugstores to Hilton and Wyndham

Nearest supermarkets and drugstores to Hilton and Wyndham

If you are staying in a timeshare unit in Hawaii, it is likely that you will cook during your stay as you have access to a fully equipped kitchen even though Hawaii is full of restaurants you would want to try! Here's a list of nearest supermarkets and drugstores to Hilton and Wyndham timeshares in Waikiki. Hilton Grand Waikikian, Lagoon Tower, Kalia Tower: Food pantry 438 Hobron Ln #110, Honolulu, HI 96815 * 7 minutes walking distance from Grand Waikikian Hilton Hokulani and Wyndham Beachwalk: Food pantry 2370 Kuhio Avenue, Honolulu, HI 96815 *…continue reading →