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Buying

Finding the Perfect Property in a Competitive Market

The real estate market on Oahu is very competitive. In 2013, 30 percent of the homes that sold went for more than the asking price. That is an all-time high for Oahu. So what’s a buyer to do? Working with a professional agent who knows the market is key to getting the property that you want, and buyers have to be smart and fast about making an offer on the home they want.

Get Preapproved

Last year I worked with clients who just moved here from the mainland. They wanted a two bedroom and two parking stall condo in a pet friendly building. Before we began looking at condos, they made sure they were preapproved, with the bank letter in hand. Preapproval does two things. It shows the buyers you are serious and ready to move forward quickly, and it helps you and your REALTOR® look for properties in your price range. Not having a preapproval letter can get your offer placed at the bottom of the pile because the seller can’t be sure that you won’t run into financing issues further into the deal.

Parkview Village Condo Complex Waipahu

Sales trends for the Parkview Village Condo Complex in Waipahu, where my clients purchased their condo.

General

Chinese Investment in Oahu - a Natural Destination

In Hawaii you hear it every day, “the Chinese are coming…with bags of money to buy up our real estate!”

Well, the reality is, Chinese buyers do buy, but still only represent an small part of the market here on Oahu, In 2012 Chinese investors made up five percent of all of Oahu’s international investors. But oftentimes when the Chinese do buy, they are selecting trophy properties in Kahala and along the ridges of East Honolulu - and they’re paying cash.

Following an Internet lead from China, I had a family that flew in specifically to purchase property. Within days, they had selected a million dollar-plus home in Kahala to use as a second home – of sorts. They paid for the property and then bought a car and other items for the home… all with cash. During their first year of ownership, the family returned to Hawaii only twice and eventually decided to sell and buy in Los Angeles where "the Chinese food was better.”

General

Ko Olina – Perfect Weather Leads to The Perfect Home!

Back in early 2010, my clients were searching diligently for the perfect location for their next home – they researched Phoenix and Florida, but ultimately decided on Hawaii.

Why? Because the weather is perfect here!

They are very active people interested in buying a home where outdoor activities are easily accessible. They love to walk and swim every day and needed a location that emphasized that lifestyle.

I suggested we look at homes in Ko Olina with its two miles of white sandy beaches, four lagoons connected by over a mile and a half of seaside paths, a marina and private roadways with bike and golf paths. Ko Olina also has a challenging 18-hole Ted Robinson-designed golf course, sports fishing charters, and snorkel and dolphin adventures. It seemed like a perfect fit for their needs. 

We spent time walking around the area, touring the grounds, the paths, shops and beaches. They fell in love with calm water of the Ko Olina lagoons and decided this is where they wanted to live.

Green Sea Turtle (Honu) sightings are plentiful in the waters at Ko Olina

General

Kailua Bluffs - A Gem Nestled Against Mount Olomana

Kailua Bluffs is located on the south end of Kailua, closest to neighboring Waimanalo. It’s a small community comprised of young families and empty nesters. The area was originally developed as tract housing (Lone Star Hawaii Properties, Inc.) in the mid-1980s and later converted to custom, single-family homes in the early 1990s. In addition to the homes, there’s also a small cluster of townhomes located on Kahako Street. 

My associate, Lauren Sanchez and her family are from Kailua Bluffs. Here is a photo of her father Carlos Sanchez in 1986, standing next to their home which was under construction. The photo below is the same home today.

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