Notice recently appeared in the Hawaii Island newspapers of a Kohala Ranch residence to be sold at auction as a foreclosure this month. Residential foreclosures have been rare in recent years; properties sold by auction at the flagpole rarer still. Although the bank holding the mortgage usually prevails at these auctions via credit bid, itʻs still worth […]
Aloha! If you have been looking for a home that needs some love, or some waves that need to be ridden in West Maui, you have some great choices! 361 Aalii Way, Lahaina, HI 96761 (MLS# 372613) And the day after Valentine’s Day elsewhere on Maui… (L) Big Lefts, Feb 15, 2017; (R) DT Flemings, […]
There are many confusing terms out there today regarding “distressed properties.” I’d like to take a moment to layout the different terms used in today’s real estate marketplace, such as Short Sale (or Pre-Foreclosure), REO, etc. to help you understand what you are seeing. Many Realtors use some of these terms more for marketing purposes […]
Having just closed a bankruptcy sale on Maui representing the buyer, some serious issues came up that would be difficult, if not impossible, for a first-time buyer to deal with. Bottom Line The best thing a buyer can do who is contemplating buying a REO or trustee sale is to hire an experienced Realtor who […]
South Kauai is home to the Mahaulepu Valley – which leads directly to Mahaulepu Beach. You won’t find oceanfront condominiums or hotels on this area of pristine undeveloped coastline, yet this area is a popular place to spend the day for area residents and visitors. Tip: Make sure you depart before sunset as the cane haul road […]
The Maui real estate market is plugging along nicely. There are still great values to be had in the current market. While short sales and bank owned homes are on the decline, Hawaii is still working through its shadow inventory. High-End 151 Mele Komo Pl (MLS# 368944) is located in the prestigious gated Pu’unoa subdivision, […]
336 Front Street (MLS# 367938) – Just reduced to $1,099,000. 4 bed, 3 bath, 4,073 sqft, guest house/ohana 323 square feet, and pool – all on a .27 acre lot But before I tell you about the house, let me tell you a little about the history I have with it even before I ever […]
REALTORS® are routinely asked by sellers why their homes haven’t sold. After two and a half decades in this business, I’ve learned that there is a buyer for every property. Sadly, the traditional seller’s goal of selling for the highest price in the least amount of time can be sometimes be an elusive concept.
Much of my personal real estate career between 2008-2012 has been shaped by the ubiquity of distressed properties. I obtained my real estate license in 2006 as a 23-year-old punk who wasn’t quite sure how hard or intelligently I wanted to work. However, I knew that if at some point I could get it together, […]
Reading this blog post will ruin your real estate day. You’re welcome. #foreclosurehell Contrast is a valuable life tool. Looking at the unsavory can sometimes help to reinforce the savory. For this reason I’m going to ruin your day by asking you to check out the trailer for this outrageous real estate horror movie “99 Homes,” […]
Aloha and welcome to 233 Crestview Rd. (MLS# 364783) in Kapalua, which is a 4 bed/4 bath single level home with roughly 4,400 sq.ft. of living area (about 6,000 sq.ft. under roof) in Pineapple Estates; one of West Maui’s most revered gated luxury home communities. This residence sits on a lush and well manicured 0.42 acre […]
As the year began, my 2014 review concluded that Kolea sales were on an upward trend in both numbers and price. So far 2015 looks much like 2014, with most of the sales in the more moderately priced 12-plex buildings. We had 10 condo villas sold in 2014, and year-to-date there are five sales, exactly […]
Last night I had dinner with friends at their home in an oceanfront community at Mauna Lani Resort. They are full-time residents who downsized after their proverbial nest was empty and retirement on the horizon, and they take full advantage of the Hawaii resort lifestyle. After the sun sank into the Pacific and the colors faded, […]
This week I released the listings on four nearly-oceanfront ag-zoned lots near Kapana’ia Bay in North Kohala (MLS# 272835 for example). The question I’m getting asked the most is, “What is the process for buying one of these lots which are subject to bankruptcy court approval?” Two of the lots have already been sold…and they’ve […]
As a real estate professional, I see many properties go into foreclosure unnecessarily. Homeowners Associations, or HOA, have the right to foreclosure in 20 or more states, many of them before the mortgage lienholders.