Many times buyers have to cancel during the escrow process. The most likely reason for canceling is they are not satisfied with the inspection. Another reason could be they do not like something they found out on the disclosure statement. The 3rd big reason for canceling is they can’t get the loan. If they have … Read more
Condominiums are a different type of ownership created in the 1960s of real property unlike subdivisions, which have been in existence for centuries. Hawaii is a leader in the development of condominium laws and has been used as a model by other states. The Condominium Property Regime (CPR) was known as the Horizontal Property Regime … Read more
Leasehold means you do not own the land. Someone else owns the land and you pay a fee/rent each month to that owner to be on their land. The problem with leasehold is at the end of the lease you no longer have the right to be on that land, so the value in your … Read more
A Broker’s Standard Addendum is designed to reduce the liability for the Broker. For example, paragraph one of the OahuRE.com Standard Addendum states that Brokers are released from any liability in areas in which professional services have been recommended and where we are not experts. The termite inspection is an example of this. We always … Read more
The rule for the Honolulu Board of Realtors MLS, otherwise known as HiCentral.com, is there can be no contact information in the public section of the MLS. This is important because the MLS goes out to over 1,000 other websites, and those websites do not want to be promoting competitors. If contact information was allowed … Read more
One exclusive advantage we offer is if you find a buyer without a buyer’s agent, we will represent both sides for the $3,500 flat fee or the 2% full service fee. Because we are representing the buyer too, this gives the buyer the confidence that they will get their questions answered and get the support … Read more
If there are any special assessments that being paid monthly paragraph F-8 is very important. Buyers will want sellers to pay any lump sum assessments prior to the Acceptance Date. They might want sellers to pay off any special assessments they are paying monthly on. Sometimes this can be a lot of money depending on … Read more
Which selling option meets your needs best? The big difference is with our full-service option an OahuRE.com Team Realtor will meet you in person and view the home you are selling. With our $3,500 option we do not meet you in person or see your home in person. With both options you do get full … Read more
When a home is not selling, some sellers feel the need to reset the Days on Market shown in the MLS. Let’s take a closer look at how a buyer might see this. Buyers care most about the price of the home, what it looks like, and where it is located. They don’t say to … Read more
If the 2nd blank is checked then a professional cleaning is needed for the entire home with receipts provided to prove it was done. If the 2nd blank is not checked then only the carpets need to be professional shampooed. The other cleaning items can be done by the seller or a professional cleaning service. … Read more