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Home Buying in Kailua : Real Estate Advice

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  • Local Info1
  • Home Buying7
  • Home Selling0
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Activity 6
Tue Sep 19, 2017
Btg91 answered:
The Ka Malania condos have certainly improved the esthetics of that part of Kailua town, but as an investment, I would not recommend buying a condo there. I've heard and seen in listings a lot of people having trouble re-selling or renting due to the high cost of mortgage and the very high condo fee. There's no pool so the condo fee does not offer much compared to other area condos.
One effect these new units may have is to raise the value of other nearby units as people price-compare cost per square ft and realize they get much more just by going with an older unit.
If someone were interested in buying a condo or any real estate in Kailua, I recommend seeking out For Sale by Owners and serving as your own representative so the seller has more wiggle room to lower the price. To ensure adequate counsel, you should hire a real estate attorney which usually costs $1-2,000.
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Wed Apr 18, 2012
Bill Parecki answered:
Aloha Justin,

As Suzanne stated this a legal document filed with the court by a mortgage company or some other entity that is owed money by someone who has their property up as collateral to guarantee payment of the loan or it could be some type of lien. This has nothing to do with the bid or amound of bid that this property is going for. In fact at this time we do not even know if this property is going to go to auction. This could be the beginning foreclosure proceedings on the property but at this time more research would be need to find out what is going on with this property. If you need additional information do not hesitate to give me a call or email me.

Mahalo nui loa,

Bill Parecki

Realtor Salesperson (RS)
Accredited Buyer's Representative (ABR)
REO Default Certified Professional (RDCPro)
Short Sales & Foreclosure Resources (SFR)
Technology and Social Media Certified (E-Pro)
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Top 1% of Agents in the State of Hawaii

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Hawaiian Island Homes Ltd
Telephone: (808) 345-8818
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Thu Mar 31, 2011
Mike Gallagher answered:
My name is Mike Gallagher. Get the facts on Kailua statistics at I have been tracking statistics in Kailua and Oahu since 2005.

Everyone wants to "transition" to Lanikai.

Flat lot will give you the middle of Lanikai and the much more expensive Beach Front properties. Bring your check book. It's going to cost you.

Be prepared. Check my "Odds of Selling" by price range for Kailua on my website. It will provide you with Negotiation Power.

Call me for more questions on Lanikai

Mike Gallagher, Broker in Charge, Abe Lee Realty
Ethics Complaints Review Committee Member, Honolulu Board of Realtors 808-384-9015
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Mon Dec 27, 2010
Tanya Hawkins answered:
Aloha Lane,

As a resident of Kailua and former vacation property manager, I would be happy to help you with everything from finding the right property to helping you find the right marketing and management outlet for your property to maximize the return on your investment.

I am not sure if you have found your property in Kailua yet, but there is a fabulous legal rental that is beachfront that just came on the market. I would love to share more with you regarding this listing. Please e-mail me at for more information.

I look forward to speaking with you.

Take care- Tanya
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Tue Jun 9, 2009
Inez Martin, Ra answered:

There are approximately 250 properties (some areas have no sandy beach) along Kailua and Lanikai beaches. There are currently only 19 active listings along the beachfront in Lanikai and Kailua. Price ranges are from $3.35m to $21m.

Inez Martin, RA, ABR
Kailua, HI 96734
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Wed Dec 17, 2008
Beth Thoma Robinson R(B) BIC answered:
Hi Mike,
Jane is right on track. When you say "Kona coast" are you thinking right in Kailua-Kona or up north along the Kohala Coast? Something on Alii Drive in Kona will rent for very different rates than a resort property at Hualalai or Mauna Kea or a house near the ocean at Puako. If the property you are looking at is not currently being rented, you would also have to count on a period of years to build up a clientele for it. Once you've narrowed down the property, your agent should have an idea of which companies do rental management in that area, and you could contact them for information on rates. Also be sure that if there are CC&Rs in the community where you are buying, that they permit nightly rentals.

And if you aren't doing the rental management yourself, be sure to consider that the rental companies take, on average, about half of the nightly rental income!
Good luck with your purchase.
Beth Thoma Robinson R(S)
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