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Market Conditions in Waialae - Kahala : Real Estate Advice

  • All26
  • Local Info2
  • Home Buying8
  • Home Selling0
  • Market Conditions6

Activity 6
Steve Tower, Real Estate Pro in Honolulu, HI
Sun May 25, 2014
Steve Tower answered:
Aloha,
I can help you find great values on fee simple Condos in many locations on Oahu if that's what you're interested in. Let me know some more details. Please message me...
Take care,
Steve Tower
Coldwell Banker Pacific Properties
... more
0 votes 1 answer Share Flag
Pang, Jonath…, Real Estate Pro in Honolulu, HI
Wed Apr 23, 2014
Pang, Jonathan answered:
Hi breanafrisch,

The reason why this listing is so inexpensive is because it's a leasehold property. The lease is until 7/15/27.
0 votes 1 answer Share Flag
Graeme Sharr…,  in Honolulu, HI
Mon Mar 31, 2014
Graeme Sharrock answered:
Helen:

This property was bought last year July 24, 2013 for $1,058.500. If it is still listed on Trulia or elsewhere, that is an error, as the owner confirms it is not for sale at this time.

If you have any further questions about a similar property, or wish to sell or purchase a similar home, then feel free to contact me 808-9711794 or graemesharrock4@mac.com.

Mahalo for your question!

Graeme Sharrock
Licensed Real Estate Broker
Keller Williams-Honolulu
725 Kapiolani Blvd,
Honolulu HI 98614
... more
0 votes 5 answers Share Flag
Kristi Takus…,  in Honolulu, HI
Wed Oct 23, 2013
Kristi Takushi Tanaka answered:
There's a monthly maintenance fee plus a land rent that is paid monthly. These are high end Leasehold condos. Tax assessment is what the government says your property value is and you pay that yearly or twice a year. Should you have additional questions please feel free to call me. ... more
0 votes 4 answers Share Flag
Heidi     M.…, Real Estate Pro in Honolulu, HI
Tue Oct 15, 2013
Heidi M. Ho answered:
Without asking the owner one reason could be that this is a leasehold property and the renegotiation of the lease is 2017. The lease ends at 2027 so there is uncertainty of what the renegotiation of the of the lease rent from 2017 to 2027. The maintenance fee is already $1,102/month and the lease rent is $2,240/month according to the information provided. Since the lease ends 2027 there is a good chance the property will revert back to the fee owner of the property, but all this will need to be confirmed by a review of the lease and condominium documents provided for review. ... more
2 votes 2 answers Share Flag
Baron Graham, Real Estate Pro in Honolulu, HI
Sat Apr 6, 2013
Baron Graham answered:
Too good to be true, it is.
0 votes 3 answers Share Flag
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