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.
In my latest blog about the Halii Kai real estate market, I noted that in September 2014 sales appeared to falter, with nothing in escrow. As it turned out, one more sale did occur before the end of the year. Our ocean view three-bedroom listing Halii Kai 11F sold for $1,075,000, slightly raising the average sales […]
As I mentioned in my companion blog about the North Kohala market for raw land in 2014, I exclude the lower North Kohala gated communities like Kohala Ranch and Kohala by the Sea from my reports on “Kohala.” When I say Kohala I mean from Puakea east through Hawi and Kapaau to the end of the […]
Here is your chance to get into single-family home ownership in the lauded Ewa by Gentry Community in Ewa Beach for under $450k! Living room pass through to kitchen This 2 bed, 2 bath 944 interior sq.ft. home has vaulted ceilings, a spacious layout, pass through kitchen, double doors from living room to large Master suite, […]
Priced at just $295,000, the views from this Fee Simple 1 bed/1 bath condominium (MLS# 201420353) on the 20th floor at the Aloha Lani on Waikiki are outstanding! Overlooking the Ala Wai Canal and the city of Honolulu, what a sight to walk out to in your living room every morning. With 413 interior sq.ft., you have ample […]
I’ve been suggesting for around six months to be on the lookout for a pending foreclosure on a single family home at beachfront Kolea at Waikoloa Beach Resort. That REO (bank-owned) home was released for sale this week. In addition, a two-bedroom Kolea condo I’d written about when it was a short sale has also reappeared on the market after […]
So you’re browsing listings on HawaiiLife.com and keep seeing this “Leasehold” phrase on condominiums for sale. Seems like quite a few of them! What is that? Sometimes you’ll notice condos in the very same building being sold as “Fee Simple,” “Leasehold,” and “Fee Available.” On Oahu, you may even see that quite frequently. Executive Center […]
Located at 98-852 Noelani St., #6/55 in the Waiau Garden Villas in Pearl City is just up mauka from plenty of shopping, public transportation, and popular restaurants. The 3 bed, 2 full bath, 2-story townhome is listed at $189,000. It’s pet-friendly, with vaulted ceilings, master loft bedroom, Pearl Harbor views, and it’s a corner unit […]
“I’d like to buy a house on Maui that needs tons of work, is in a horrible neighborhood, and I’d like to pay much higher than market value for it,” said no one, ever. (Except maybe a few people who bought property in early 2007). Okay, so if you count yourself as someone who wants to find […]
What is a short sale? A short sale is a sale of real estate where the proceeds of the sale are not sufficient to satisfy all liens against the property.