Hawaii Real Estate Team

Sell your home for 1% to 3%, Buy a home and get 50% of our commission!

Hawaii Real Estate Team

Sell your home for 1% to 3%, Buy a home and get 50% of our commission!

Hawaii Real Estate Blog

Questions and Answers

Inspection Contingency

The Inspection contingency An inspection contingency is a standard contingency for any buyer who is purchasing a home. It gives the buyer the right to cancel escrow without penalty if the buyer discovers aspects of the home not to his or her liking during the contingency period. A list of typical real estate inspections...

Appraisal Contingency

Appraisal Contingency An appraisal contingency is a standard contingency in an offer to purchase real estate for any buyer who needs to obtain a loan to a purchase a home. It gives the buyer the right to cancel escrow without penalty if the bank appraiser determines the price of the home to be worth less...

Contingencies

There are standard contingencies every seller should expect to see in an offer to purchase real estate: Title contingency, inspection contingency, survey and unless the offer is all cash, appraisal and loan contingencies. There is also a non-standard contingency that sellers should avoid: an offer contingent on the buyer selling his or her own house....

Contingent Offer

Why You Should Almost Never Accept a Contingent Offer When real estate agents talk about a “contingent offer,” they usually mean one kind of contingency: an offer contingent on the sale of a property owned by the buyer. Understanding this definition is key. Why? Because there are standard contingencies in an offer to purchase real...

Earnest Money

What is Earnest Money and How Much Should You Require? Also known as a good faith deposit, earnest money is a deposit paid into escrow by the buyer once the seller accepts the buyer’s offer to purchase real estate. The earnest money deposit is typically 1 to 3% of the purchase price and is...

Prequalified vs. Preapproved

Prequalified Buyers vs. Preapproved Buyers A buyer that has been preapproved for a loan is preferable to a buyer who has only been prequalified. Here’s why. Prequalified for a loan The prequalification process is fast, easy and usually free. Buyers do not send financial statements to the lender, nor do they grant the lender...

IT ONLY TAKES ONE…

When Your Homes Selling Price is too High, Beware! Meeting with Agents to sell your home So you’ve decided to sell your home and have a idea of what you think it is worth. Being a sensible and sensible home seller, you schedule appointments with three local listing agents who’ve been sending you postcards for years....

What we Do For You

SO, WHAT EXACTLY DOES A REALTOR DO FOR YOU? Past president of the National Association of REALTORS, testified before the House Financial Services Committee on Housing to blunt government complaints about industry pricing. As part of her testimony, she submitted a list of 184 things that listing agents do in every real estate transaction....

Home Inspection and Contingencies

Home Inspection and Contingencies Coordinate buyer’s professional home inspection with seller. Review home inspector’s report. Enter completion into transaction management tracking software program. Explain seller’s responsibilities with respect to loan limits and interpret any clauses in the contract. Ensure seller’s compliance with Home Inspection Clause requirements. Recommend or assist seller with identifying and negotiating...