FSBO

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...

AVOID THE TOP TEN LARGEST SELLING MISTAKES!

Are you serious about selling your home? Read about these common mistakes that home sellers make before you sign anything: 1) PRICING TOO HIGH – It’s no secret that price is everything & overpricing discourages buyers than any other single factor. When you overprice, you put your home in competition with...

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...

Appraisal Contingency

Appraisal Contingency An appraisal contingency in Hawaii, Maui or Oahu 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...

Contingencies

Contingencies in Hawaii, Maui or Oahu 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:...

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...

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...

Home Inspection and Contingencies

Home Inspection and Contingencies in Hawaii, Maui and Oahu 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...