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【Regarding Purchase】
The first step in purchasing your dream home in Hawaii is to find a knowledgeable, trustworthy real estate agent. Since property information (such as prices) can be accessed by any single agent in Hawaii, it is important to find an agent that understands the market thoroughly and is a great negotiator. You also want to look for qualities such as accountability, and what kind of services he or she provides for you. Once you have decided on an agent to work with, you can discuss your needs and wants.
You can find property information here. All information displayed here is linked to MLS (Multiple Listing Service).
Of course!We can discuss your wants and needs, thoroughly considering deciding factors such as neighborhood, number of rooms, budget, etc., and choose properties to view. Please inform us of the date and time you would like to view properties at least two days in advance, for we would have to make arrangements. We also provide consultation on real estate in general, Hawaii’s market, lifestyle, and so on.Please feel free to contact us - we are happy to be of your service.
It varies according to the number of properties and the area, however, on average about two to three hours. We recommend shoes that can be easily pun on and taken off.
Not necessarily. We can go forth with purchase transactions via mail, email, fax, etc., however, we recommend you view actual properties before considering purchase. The only time you need to be present is when signing certain closing documents, which should be signed at an American Embassy in the presence of a Notary Public.
All property prices currently in the market can be viewed through MLS (Multiple Listing Service), therefore, offer prices are determined comparably with market prices.
In all real estate transactions there is what we call an initial and additional deposit. The initial deposit is usually a standard of $1000, and the additional deposit - paid as soon as certain terms have been met - varies according to contract.
A rough estimate of 1% of the entire listing price should be considered as the sum for expenses/fees involved in a property purchase, including but not limited to escrow fees, insurance, registration, etc. In the case of a purchase, however, there are no commission fees to the agents’ Brokerage Firms, and also no tax related payments (except for property taxes that owners pay semiannually. Please see bottom of the page under “Post-Close Obligations.”
Expenses / fees involved in a purchase include
but are not limited to
・Preliminary Title Report preparation fees
・Title Report Insurance Premium
・Closing documents preparation fees
・Notary Public fees
・Ownership transfer fees to management company
・Prorated maintenance fees and property taxes
・1-2 months worth of maintenance fees to be held in escrow after closing
・Escrow fees
・Home inspection fees
・Mailing fees
・In the case of a loan, appraisal fees and/or other fees
・Repairs, cleaning fees
How to pay maintenance fees
・Mail check to management company monthly OR
・Set up an automatic payment method. In order to avoid delinquent fees
we recommend setting up an automatic payment account. In order to do
this you must fill out a form that the management company will send out
after closing, attach a void check with this form, and simply send it back.
Usually, a purchase transaction will take one to two months until closing.
