What is Title Insurance?

What is Title Insurance in Hawaii? What is escrow? Escrow refers to the process in which the funds of a transaction (such as the sale of a house) are held by a third party, often the title company or an attorney in the case of real estate, pending the...

Pricing your home to sell – Science or Art?

Is it a science, or art, pricing your property to sell? Do you want to just list it, or sell it? Selling a home in Hawaii, Maui or Oahu? The price to sell is a direct function of marketing. A strategic market price will complement our marketing campaign and position...

Will you be my friend if I give you $20,000?

My friend is an agent, should I use them? Buying or selling a home in Hawaii, Maui or Oahu, are your thinking you will have to use your friend? Some will enlist the help of a friend or relative who happens to work in real estate, but experts caution...

How to Know If you Have Priced Your Home Too High?

Do you want to list or sell your home? If you are selling your home in Hawaii, Maui or Oahu a high (wrong) price may alienate interested buyers before they even take a real look at your property. The following 10 are indicative signs of an overpriced home. Top...

Hawaii Real Estate Practices

Real Estate Practices in Hawaii, Maui and Oahu Closing Costs / Payment Splits For residential transactions, buyer and seller split the escrow fees equally. The cost of the owner’s title insurance policy is split, with the seller paying 60% and the buyer 40% and the buyer paying for extended or...

What is a Condominium Property Regime (CPR)

What is a Condominium Property Regime Here in Hawaii, Maui and Oahu we have a process called Condominium Property Regime (“CPR”), it refers to the specific form of ownership and governing process created when real property becomes a condominium. The process of creating a condominium is often referred to...

Earnest Money Refund

When does a buyer get an earnest money refund? In most real estate transactions that don’t close in Hawaii, Maui or Oahu, the seller does not get to keep earnest money refund; most accepted offers become completed sales, and the earnest money becomes part of the purchase price. However when real...

Inspection Contingency

The Inspection contingency An inspection contingency in Hawaii, Maui or Oahu 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...

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 in Hawaii, Maui and Oahu once the seller accepts the buyer’s offer to purchase real estate. The earnest money deposit is...

Prequalified vs. Preapproved

Prequalified Buyers vs. Preapproved Buyers A buyer in Hawaii, Maui or Oahu 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...
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