A corporate REO, what’s that? I talk to a lot of buyers who want to buy foreclosures; the first question that I ask them is if they have all cash. This is important because almost all foreclosed properties purchased at auction are purchased with cash, they generally do not accept loan contingencies and one needs [...]
What does price target mean? This is the price at which the buyer would like to take possession of a property so he or she can receive the best possible value for his or her investment. 68-1711 Puwalu Place in Waikoloa Village sold 5/17/2010 for $353,500 (DOM: 73) Out of 44 active residential listings in Waikoloa [...]
Just listed last week, this Big Island REO (MLS# 236500) for $289,900 is a great value. I remember when these homes were selling brand new in the high $400K’s. Purchase this North Kailua Kona home for as little as 3% down This steel framed home was constructed in 2006, with 3 bedrooms, 2 baths, 1,296 living square [...]
The Kamaole Sands: a blue chip rental property across the street from Kamaole III Beach. Perimeter units with partial ocean views begin in the low $300K’s. Many of my clients plan to live on Maui for extended periods when they retire, and I always encourage them to think about how the prospective condo will fit [...]
Assessed value is $449,300. You do the math…that equals a $99,000 savings at the current asking price. Newly build Pualani Estates home at a discount This newly built home was constructed in 2005 and now this rare REO property (MLS# 236301) is available for $349,900.
Yes, it’s true, it seems enough people have experienced the magic of our island to have voted Kauai the #2 Best Island in the World, second only to the Galapagos. Waterfalls and Rainbows are part of everyday on Kauai I’ve always known what a special place Kauai is, and it’s not just the Real Estate [...]
110 Papahi Loop (MLS# 344004) a virtually turn-key home represents a strong value in today’s REO market. Why? It’s offered at great price, consists of quality newer construction, and is located in a desirable Central Maui neighborhood. 110 Papahi Loop MLS# 344004 just listed but surely will not last long. 2005 Purchased Price: $544,214 2010 County [...]
Come relax and take in Hawaii at its best! Living room and lanai of Maryl Beach House looking out to ocean This Maryl Beach House (MLS# 222176)Â separates itself from the pack by taking advantage of an 1.47 acre home site, wonderfully sited to create a huge backyard play area of Pas Palum grass (reminiscent of [...]
Fabulous Views at Kuki’o with Maniniowali Villa 18 Previous Price: $8,839,500 Current Listing Price: $6,645,000 (-$2, 194,500) This home (MLS# 221859) has an unchanging view plane toward the sea of Kahakai State park. I love the fact it is so close to the beautiful white sand beach of Kua Bay, where any time of the [...]
Recently reduced from $1,650,000 to $ 1,299,000. Kapalua Condo in the #1 Resort in Hawaii, overlooking a beach voted the best in the USA This beautiful condo/villa (MLS# 339626)Â overlooks Kapalua Bay Beach, voted Best Beach in the USA. Kapalua is home to the Mercedes Open golf tournament every January. This is a huge 2 bedroom [...]
Concierge Auction’s latest Hualalai Four Seasons resort auction planned for July 1st, has been postponed to August 24, 2010, with a newly-discounted “suggested opening bid” of $4.5M. Original minimum bid price was $5.9M, now asking $4.5M What does this say about the state of Hualalai property? There have been 13 sales since January: 3 bare [...]
In support of the housing market and pending deals nationwide, the House and Senate have pushed through a three-month closing extension for the homebuyer tax credit. On Friday July 2nd, President Barack Obama this morning signed HR 5623, the “Homebuyers Assistance and Improvement Act of 2010,” a three-month extension on the closing deadline for first-time [...]
Kitchen and living room with natural light at 4852 Hauaala Rd. (MLS# 233613) I have met many local property owners who are always in the market for a good investment property. Some define that as a multi-family property with multiple rentals. I have two short sale opportunities on Kauai’s east side that provide such an [...]
Wouldn’t this be a wonderful spot for a Sunday brunch? A client contacted me to see what was available at the Makena Surf a few weekends ago. The catch was that they could only look on that day and within a 3 hour window. I donned my Super Realtor cape and perused the Multiple Listing [...]
My wife, Elif, is an environmental consultant. She helps businesses “articulate and realize their sustainable future.” While most of her work has been for large national companies, living in Hawaii calls her attention to the reality of our State’s dependence on fossil fuels, and its plans for our future. We recently had the extreme pleasure [...]
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