* Oahu homes * Condos for sale * Buyer's Agent * Hawaii Real Estate news for BUYERS

Aloha Buyers!

We are your single source for Property Information!

THE NEW $8,000 TAX CREDIT BASICS

Hawaii is a unique real estate market, and rarely follows mainland trends. Money pours into Hawaii from all over the world.  It has one of the lowest foreclosure rates in the nation. Hawaii also has one of the lowest unemployment rates in the nation, and the highest number of millionaires per capita of any other state. We also have limited land to develop.

Hawaii real estate in March 2009 turned out much like we expected – much better than February. Taking a look overall we see number of sales and median prices for both SFH and Condos climbing in 2009. Also, Days on Market dropped considerably for SFH since January, with inventory holding steady. All in all March looked good. The low interest rates are definitely making an impact.

READ MORE:

Reasons to buy - or become an investor in Hawaii

Should You Buy a Home Right Now?

We have the ability to finance up to 90% for owner occupied residence, and 80% for investment. In order to get the best interest rates, 25% down will be required and Buyers have to be more selective about the owner-occupancy. In order to do an FHA loan, even if the project is FHA approved, the occupancy MUST be OVER 51%.  Great programs with 100% financing USDA, AmeriDream available .

The current Hawaii market is in an unusual and great place – for the first time in years, it is good for both buyers and sellers. It is good for buyers because there is still ample inventory so they have choices. It is good for sellers because prices are still strong and buyer interest is growing; and also because interest rates are at historical lows.

A great indicator of real estate health is activity. We are still seeing well-priced listings receive multiple offers and some sales prices exceeding listed prices. In May 2008  we set a record for Oahu  condominium media prices and single family home median prices are stable. In 60% of the neighborhoods single family median prices have actually increased over last year. That leaves 40% where prices have declined some – but not much.

When you work with Prudential Agent you are assured that you are working with a qualified real estate professional who understands today's market and is committed to fulfilling your dreams.

ACT NOW!

HAWAII'S  SHORT SALE

FORECLOSURE

MULTI-FAMILY PROPERTIES

We have access to virtually every property for sale in the Hawaiian market,

regardless of which real estate office is representing the seller.

We will show you all the homes that best match your requirements, including:

– All properties marketed by Prudential Locations

– All properties listed by other brokers through the Multiple Listing Service

(MLS)

– Anticipated Prudential Locations listings (Not yet on the Market)

– Many properties offered as “For Sale By Owner”

– Properties advertised in newspapers or magazines

– Properties on the internet

– Properties advertised via Sunday open houses

– Properties displaying “For Sale” signs

– We can even assist you with the sale or purchase of mainland property

through the Prudential Relocation Service

When real estate professionals work with buyers and sellers, “agency” relationships are established.

There are three kinds of agency relationships:

• Buyer’s Agent

• Seller’s Agent

• Dual agent (Always disclosed)

• When you agree to hire me to help you find and purchase a property, I become your “buyer’s agent,” which means

I will work for your best interests throughout the entire purchase process. And you don’t have to pay me a dime – the seller pays me!

• When an offer is presented, the seller will have a separate agency relationship with their agent.

A Buyer’s Agent owes the highest duties to the Buyer, including

confidentiality, loyalty, & utmost care; including:

• Select and preview properties for your consideration

• Provide market valuations for a property-pricing and negotiation strategy

• Prepare the offer

• Negotiate and obtain the best possible price & terms for you

• Assist in obtaining financing

• Monitor the escrow process - track all activities and deadlines

• Coordinate inspections: property inspection, termite, etc.

• See that you get the required reports - title, termite, survey, condo docs, etc.

• Accompany you to closing of escrow

• Bring your home purchase to a successful completion

Our Commitment

* My team and I will help you reach your Real Estate goals

* When you hire me as your exclusive agent, it means:

- Greater dedication & commitment to serving you

- Eliminates duplication & confusion

- Builds trust and mutual respect

- Establishes open & honest communication

Whether you are thinking of buying, selling or financing real estate, I'd love to hear from you!

Elena Roud 

Your Personal  Oahu Real Estate Consultant for Life!