Your agent can advise you. The question is, will it be good advice? If you're working with a seller's agent, both legally and ethically the agent should encourage you to offer full price; not very helpful. If you're working with a buyer's agent, the agent has …
The old adage is that you make your profit when you buy, not when you sell. What you should look for are those amenities that are usually preferred by the majority of people. These include: a good appearance, a good location on the block, a good school district, a low …
Buying a home in Hawaii is a huge investment as and is the case with all huge investments, the processes are always frightening and complicated, especially to first timers. It is always important to be well prepared and come armed with the right information; knowledge is always power when it …
The most important and time-consuming investment, yet rewarding at the same time, that you will probably ever make in your life is the purchase of a new home. It is important to keep in mind that finding the right home, even for seasoned homebuyers, is normally a long and difficult …
The implication, of course, is that you have a top price. I believe that it's a real mistake to set a top price when buying Honolulu real estate. The reason is that at least half the deal is terms. What if the seller wants more than you're prepared …
A contingency clause makes the purchase subject to certain conditions being met. (That's why it's also sometimes referred to as a subject-to clause.) A common example is a clause inserted into the sales agreement which states that the sale is subject to the buyers getting a new mortgage …
The Real Estate Settlement Procedures Act (RESPA) requires that your mortgage lender give you a statement, which will break down all of your costs. It won't protect you against unwarranted charges—it just lets you know what are all of the charges against you at closing.
The real question …
You may save money, but negotiating the deal will usually be more difficult. The seller of a for sale by owner (FSBO) has not listed the house with an agent, usually to avoid paying a hefty commission. Some agents will not show you FSBOs, so you may need to find …
The single biggest cause of lawsuits involving property ownership today probably revolves around homeowners' associations (HOAs). Its members run the HOA, and it could be badly run. You should carefully check out the HOA, if your property has one, before you buy. A red flag exists and/or past law …
It depends on your stamina and ability to recall what you've seen. Agents can sometimes look at 20 or more Honolulu homes in a day and easily remember the price, terms, and features of each. Home buyers, on the other hand, particularly those who are just beginning to look …