This week we finished another project in Kaneohe, Hawaii where we rescued a homeowner from foreclosure. This single family home acquisition was particularly rewarding because we built such a strong rapport and friendship with the seller. It was a true joy from the first meeting last spring through a few days ago when we confirmed that the seller got a big check and was able to put the entire … [Read more...]
How to Choose a Good Real Estate Agent
With all the glamour and buzz around the Hawaii real estate industry these days, it's no wonder that more people are getting their real estate license. With one of the most expensive markets in the country, many eyes are on our island home. For home buyers and home sellers, having more agents to choose from can either increase competition for your services or lower the standard of the profession … [Read more...]
What is an Agreement of Sale?
You may have heard the term Agreement of Sale and wondered what it is and how it can be used to buy a house or sell a house. What is it? When is it used or not used? Is it even legal? An Agreement of Sale is simply an agreement between a buyer and seller to a sell a piece of real estate. That's it -- it doesn't need to be complicated. However, the terms of the Agreement are what really … [Read more...]
Summer Real Estate Tips
Memorial Day Weekend is generally considered the tip-off to summer, and that means time with the kids, family vacations, long days at the beach and possibly buying a new house. Summer can be a great time to take a big step in your real estate plans, whether you're looking to sell your house or buy a new one. Here are some summer real estate tips for you: If you're selling your house, start … [Read more...]
Should You Sell Your House As Is or Renovate First?
It's a standard question once you've decided to sell your house: should you sell your house as is or renovate first? One look on the Oahu MLS shows a mix of properties both renovated and fixer uppers requiring some -- or a lot -- of TLC. What does that mean? It largely means that any house can sell, given the right price. After all, even if your house is a true fixer upper, there's a current … [Read more...]
Does Price Alone Sell Your House?
The Hawaii real estate market continues to sizzle, with estimates of median single family home prices in Honolulu County toppling $700K by the end of the 2014. Low mortgage interest rates and low inventory have combined to create a supply and demand combo that has created a house-buying fever. Of course, we don't know how long this run-up will occur (remember the housing bubble, anyone?), but for … [Read more...]
How Does Seller Financing Work
You may have heard the term "Seller Financing" or "Owner Financing" being thrown around in real estate conversations. But do you know what it means? It can be a great tool for putting more money in your pocket from selling your house, but how does seller financing work? Seller financing is actually a broadly defined term that is used in a number of different types of real estate transactions. … [Read more...]
Intangibles When Selling Your House in Hawaii
Aloha, friends. I just got back home from visiting a few potential homes for purchase here on Oahu and wanted to share some quick thoughts. When analyzing a home to buy (or if you're selling your house), there are some obvious and not-so-obvious factors to consider when trying to figure out its true market value. The normal way to figure out how much your home is worth is by "running comps". … [Read more...]
Putting Together a Real Estate Superhero Team
We all have different real estate goals. Some of us just want to buy a house while interest rates are still relatively low. For some, it's a first house for a new family, maybe a condo in Salt Lake, Honolulu or a townhouse in Makakilo or Kihei. For others, a vacation house on the North Shore of Oahu or just off the beach in Poipu, Kauai is just what we want. Others have significantly different … [Read more...]
Selling Your House in Hawaii Privately
It's safe to say that a majority of homes for sale in Hawaii are put on the MLS and offered to the local real estate market. This is the normal way to sell a house. The sequence goes something like this: Homeowner decides the time is right to sell their house They contact a local Hawaii real estate broker or agent Property is listed at an agreed price Agent holds one or more open … [Read more...]
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