2. Hire a Real Estate Agent
by Admin
Posted on 01-01-2024 01:52 PM
Buying a home is a big step! whether you're buying your first home, your dream home, or your tenth investment property, yours will be
a big investment.
We know how important this is to you, and we have an army of experts to make sure we find the perfect property for your unique circumstances. We know
the market and love real estate, and we'll educate you throughout the buying experience. Finding the perfect property is just one way we can help you with your real estate purchase. As real estate agents, we have ongoing
access to experts in every related field from lending to relocation.
One of the most important things to remember when moving to hawaii is how important it is to work with professionals that know the market. The hawaii real estate market is unlike any other. Your real estate agent is an important choice when buying a home. In a market like hawaii, you’ll want to select someone ready to be your advocate when it comes to negotiating with sellers. Do your research when picking a real estate agent — read reviews, ask friends or family living in hawaii for recommendations, and speak with several agents before committing to one. https://en.wikipedia.org/wiki/Multiple_listing_service
3. Research the Neighborhood
Research the housing market in the target area. Once you have information about the general area, focus on the particular property and seller.
Look for answers to questions such as:
why is the homeowner selling? (if they’re moving because they find the area undesirable, you might want to consider this issue. )how long has the home been on the market? (if it has been on the market for a long time, perhaps there are negative facts about the property that you need to know. )how much did the seller pay for the home compared to the current asking price? (if the seller paid more, find out why.
Once you figure out which island you’ll call home, you’ll then need to figure out which neighborhood you’ll want to settle in. We’ll give you a head start on your research with our local guides: once you’ve figured out which island is right for you, it’s time to make some decisions.
You love how the home looks; now, it’s time to make sure everything you can’t see is in good working condition. It’s smart to make your offer contingent on the property passing a home inspection. A professional inspector will take a look at the wiring, plumbing, roofing, hvac system and more to make sure there won’t be any surprise issues after you move in. If you’re getting a mortgage, your lender will require a professional appraisal as well. This verifies that the home is worth what you have agreed to pay for it. It’s a way of protecting the lender in the event that you default on the loan.
People. Before buying, spend some time in the neighborhood to see if it is a good fit. Talk to the neighbors. Will you be comfortable living next to them? how is the privacy? listen for parties, barking dogs, or traffic. Try to envision if the home location and community fits your lifestyle. Structure. When viewing a home, it will most-likely look clean and tidy, even sometimes with trendy furnishings and fresh paint. But it is important to look beyond the surface to the home’s structure. Insect damage. Have termites left their “piles” around and caused the wood framing to become soft? while a termite inspection is required before closing on a hawaii property sale, an initial check for possible damage can save a lot of time and effort.