"All Real Estate is Local" is a phrase that we often hear when we listen to experts. Last week we attended a session hosted by Realtor.com. Realtor.com is the largest search engine for finding listed property all across the nation.
At this time of year a lot of people are looking at property in Honolulu. Even though it rained today, the temperature was 72 degrees. I got to wear my jeans instead of shorts!
Maybe some of you are thinking, "72 degrees looks pretty good right now."
So what's it like to buy a home in Honolulu? What can you expect? There is something for everyone, condos, high rise towers, and single family homes. Some have ocean views, some are on secluded treed lots that give you a lot of privacy, some are on on the marina in Hawaii Kai, and some are oceanfront.
If you are getting a mortgage, it usually takes about 45-60 days to complete the loan process and close escrow. Other items to consider are: a home inspection, termite inspection report, homeowner documentation, survey, Home Warranty Programs, Governmental disclosures such as mold, or "Megan's Law", encroachments, insurance, oceanfront issues, etc. Of course, you will want to discuss these and many other issues with your Realtor before signing on the dotted line for your dream home.
Last Thursday, we viewed an oceanfront property for an out of town buyer that is interested in moving to Honolulu.
Here is a picture that I snapped with my cell phone from the lanai.
If you think you are interested in a place in Paradise, Honolulu, Hawaii...a good place to start your search is
http://www.realtor.com/. Happy house hunting!
Your question of the day...can you guess on what part of the island this condo is located?