Buying a home in Hawaiʻi is a major accomplishment. Whether it’s your first place or your first time owning here, the transition from closing day to long-term homeownership often comes with the same question: “What should I be doing now?”
Homeownership doesn’t come with an instruction manual, and in Hawaiʻi, there are a few extra considerations that can make a big difference over time. Whether you bought your home last year or a few years ago, these are some smart check-ins worth revisiting.
1. Review Your Homeowner’s Insurance (Especially in Hawaiʻi)
Insurance in Hawaiʻi can look a little different than on the mainland. It’s worth reviewing your policy every year or two to make sure:
- Coverage reflects Hawaiʻi-specific risks like storms, heavy rain, or volcanic activity (depending on location)
- Replacement costs are still accurate given local construction costs
- Any improvements or upgrades are properly covered
- A quick check-in now can prevent major surprises later.
2. Check In With Your Mortgage Lender
Even if everything feels fine, touching base with your mortgage lender from time to time can be helpful. Also, makes your lenders job less stressful too which we like. A brief check-in can help you:
- Confirm your loan terms and payment structure
- Make sure escrow amounts for taxes and insurance are accurate
- Ask questions if your financial situation has changed
- Better understand long-term options, even if you’re not planning any changes right now
- Sometimes it’s less about making a move and more about staying informed.
3. Review Property Taxes & Homeowner Exemptions
Hawaiʻi offers homeowner exemptions that can lower your taxable value, but they aren’t always automatic and can vary by county. It’s worth confirming:
- That your exemption is applied correctly
- That your mailing address and occupancy status are up to date
- That you understand how assessments and rates work in your county
- A few minutes of review can lead to long-term savings.
4. Stay Ahead of Island Specific Maintenance
Island living is beautiful but the climate can be tough on homes. Regular maintenance goes a long way, especially when it comes to:
- HVAC and dehumidification systems
- Salt air corrosion near the ocean
- Roofs, gutters, and drainage due to heavy rain
- Mold and moisture prevention
- Staying proactive helps avoid bigger (and more expensive) issues later
5. Keep a Simple Home Maintenance Record
I recommend getting a Home Ownership bin or binder to keep records in such as:
- Repairs and servicing
- Warranties and receipts
- Future projects or upgrades
- This is especially helpful if you ever refinance, sell, or convert the property into a rental down the road
6. Build a Home Repair & Reserves Fund
Between labor costs, materials, and shipping, repairs in Hawaiʻi can add up quickly. Even setting aside a small amount regularly can make unexpected expenses far less stressful. Think of it as protecting both your home and your peace of mind. I’m not saying don’t go on a trip or go out for coffee, I’m saying to be intentional and smart.
7. Don’t Hesitate to Ask Questions
Homeownership can feel overwhelming at times, especially if you’re navigating it without family nearby or doing it for the first time. There’s really is no such thing as a small question when it comes to real estate. So please use me for information, that’s what I’m here for!
A Final Thought
Owning a home in Hawaiʻi is about more than maintenance and checklists. It’s about creating stability, comfort, and a place that supports your life here.
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