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Home Selling in Hawaii : Real Estate Advice

  • All78
  • Local Info3
  • Home Buying38
  • Home Selling10
  • Market Conditions7

Activity 49
Sat Feb 16, 2013
Phil Rotondo answered:
You should ask your Realtor for:
1. The comparable sale prices of similar condos in the area.
2. The current list-to-sale ratio of properties in the area.
3. What he or she feels about the offer.

The above should help you decide if it is a good offer. You could also ask yourself if a $130k offer is "good" if you were the owner.
... more
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Wed Jan 16, 2013
Nancy Montoya answered:
Absolutely! We are experiencing more sales activity and more multiple offers on well priced properties. As the visitor count increases on the island and the occupancy rises this will help push the real estate sales and prices up. Aloha! Nancy & Mike Montoya ... more
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Sat Dec 8, 2012
Rodney Drummer answered:
If your agent is a Trulia member your property should be automatically uploaded to Trulia's page.
Speak with you agent about it.

Aloha,
0 votes 3 answers Share Flag
Tue Nov 5, 2013
Frank Diaz answered:
Give me a ring to discuss this.

Frank Diaz
(RA) MBA, e-PRO, REALTOR®
East Oahu Realty
808.723.0900 cell
http://hawaiihome.biz/
0 votes 4 answers Share Flag
Sun May 20, 2012
Frank Diaz answered:
Aloha Eire,

Contact a CPA for definitive information, I know a few locally, would be happy to pass along the information to reach them. Great question. Wouldn't that be great if you could live for 2/5 and roll over the home in the 5th year? You should also consider a 1031 exchange and a self-directed IRA.


Frank Diaz
(RA) MBA, e-PRO, REALTOR®
East Oahu Realty
808.723.0900 cell
http://hawaiihome.biz/
... more
0 votes 1 answer Share Flag
Fri Mar 2, 2012
David M Nash answered:
Aloha,
I have a whole video series that helps sellers know what to do prior to selling a home.
www.HawaiiRealEstateVlog.com

Here is one in particular that answers your questions.


http://www.youtube.com/user/TheOahuAgent/videos

Aloha
David Nash
TheOahuAgents Team Leader
... more
0 votes 4 answers Share Flag
Tue Feb 21, 2012
Sue Alden answered:
Thank you very much for your inquiry. Values at Ewa Beach/Kapolei have increased and Ocean Pointe is a great market with days on market being positive. I would be happy to provide detailed information on the market at Ocean Pointe. Please contact me via email so that I can forward this information to you. With respect to the Haseko Marina Lagoon mudhole, I am researching this issue and will have more information on the subject for you.
Again thank you.
Sue Alden (RA) GRI, SFR, AHWD, e-PRO
Century 21 All Islands
(808) 392-4523
sue.alden@hawaiimoves.com
... more
0 votes 5 answers Share Flag
Fri Dec 16, 2011
Angie Simpson answered:
Eire02,

Not sure I know what tax credit you are referring to. The federal first time homebuyer tax credit expired last year. So if that is what you mean, the answer is no.

Angie Simpson
Coldwell Banker
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Sat May 7, 2011
Frank Diaz answered:
Jayney Sharpe gave you a terrific answer a little while ago. I couldn't have said it better.

Frank
0 votes 1 answer Share Flag
Sat May 7, 2011
Jayney Arden answered:
If you did your upgrade through the traditional process and had plans drawn up and signed, then got a building permit and everything was signed off on, then that additional sf should be included in your recorded tax data when your listing autopopulates in the MLS and/or Realtor.com. (Subsequently, your taxes will likely rise as well) If the addition is unpermitted, then that interior sf is usually not included in the description as it is not part of the legal description of the premises. Sometimes it is included with the proviso (sf does not agree with Recorded Tax Records). This indicates unpermitted improvements. Keep in mind, also, that if your home goes into contract, any unpermitted living space will not be included in the appraisal. ... more
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Sat May 28, 2011
Frank Diaz answered:
Hi Curious,

Can't you just add it in to the free text with the description of the home?

Frank
0 votes 3 answers Share Flag
Sat Mar 26, 2011
Leslene Lopez answered:
Hi Linda,
The average Days on Market (DOM) since the beginning of the year is 160 for Wailuku specifically. The median sold price for homes is $350,000.

If you need more questions answered, I am happy to help.
Leslene Lopez, R(S)
Hawaii Pacific Properties, LLC
leslene@hawaiiantel.net
870.1984
... more
0 votes 1 answer Share Flag
Tue Mar 8, 2011
Jon Trombetta answered:
Yes, in the most cases this is done during a refinance or if you are making a purchase without an attorney. Because the title company is meeting with the buyer to sign all the closing documents, they are entitled to a settlement fee. ... more
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Tue Sep 8, 2015
Cecilia Swanson answered:
You can list your property with the Department of Hawaiian Homelands and the Office of Hawaiian Affairs (Ka Wai Ola) classified sections of their publications.

Native Hawaiians on their mailing lists can view what properties are available for sale. There are also a few real estate agencies that will list properties that are limited to Native Hawaiians with at least 50% Hawaiian blood.

I know Charmaine Quilit Poki from Prudential Properties helped me in the past. There is also a Bobbie Kennedy who is also a real estate agent. These two RAs specialize in Hawaiian Homestead leases and properties that are built on leasehold land.
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0 votes 8 answers Share Flag
Wed Aug 11, 2010
Keith Sorem answered:
Green,
First, I am very sorry about your situation. To veterans in the business of real estate "Cash Buyers" always send up red flags...just as you have found.

1. The only person who can advise you should be a real estate professional, preferably an attorney, who has reviewed all the documents.

2. Because you started this on your own, without professional representation, you should know that you may have to pay for the advice.

As a note for future transactions, Realtors are worth their compensation, otherwise we would not have been in business as long as we have.

Good luck to you.

Note: Good advice is not cheap, and cheap advice is rarely good.

Keith
... more
0 votes 14 answers Share Flag
Wed Jul 28, 2010
David M Nash answered:
Higher, generally better views, less noise.
Try WaikikiWaikiki.com for all your condo interests.

Get the Free IPHONE APP!

Aloha,
David
0 votes 7 answers Share Flag
Mon Jun 28, 2010
Frank Diaz answered:
Mr. Mahmood,

Your attorney can advise you on what else you may need and who you would need to talk to.
Oceanfront in Kihei is not enough information to assist you, and Realtors don't give out legal advice.
I hope the transfer goes well for you.

Aloha,
Frank
... more
0 votes 7 answers Share Flag
Wed Nov 20, 2013
Frank Diaz answered:
Hi Tiffany,

I saw few good articles today while doing research for my blog:
http://www.marketwatch.com/story/fixed-rate-mortgages-5-year-arms-hit-record-lows-2010-06-24?reflink=MW_news_stmp

http://www.marketwatch.com/story/fixed-rate-mortgages-5-year-arms-hit-record-lows-2010-06-24?reflink=MW_news_stmp

It looks like things will stay flat for quite a while. Until GDP starts kicking up, not much will change, and possible get worse. It's really up to you and your short and long term plans. You may want to talk to your local Realtor and get some advantage from seasonal variations in prices.

Aloha,
Frank
... more
0 votes 11 answers Share Flag
Fri Mar 1, 2013
Jeanne Feenick answered:
Hi there, very good question - generally a listing agreement will provide protection for commission for a period of time after the listing expires for transactions involving buyers introduced during the listing period. Check your listing docs for details.

Best,
Jeanne Feenick
Unwavering Commitment to Service
... more
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