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* Oahu homes * Condos for sale * Buyer's Agent * Hawaii Real Estate news for BUYERSAloha Buyers!The market is definitely getting warmer. Units are going up, inventory is going down, and we are seeing more multiple offers on properties. Do not wait for the bottom of the market – you already missed it! One of the main reasons You should not be waiting to do anything in real estate - buying or selling - is because interest rates are very low right now and are also volatile. That means they could go up right away. When interest rates go up, buying power goes down. LOW INTEREST MEANS - HOMES ARE ON SALE!! Purchase Price - $625,000 Interest rate at - 5.75%* Monthly Payment - $ 2,918 Purchase Price - $625,000 Interest rate at - 6.75%* Monthly Payment - $3,243 * Based on a 20% down, 30 year loan. Hawaii's unemployment rate continues to be the lowest in the nation, according to the state Depart- ment of Labor and Industrial Relations. Employment has always been the most accurate indicator of Real Estate Health. With unemployment this low, wages will soon begin to creep up. That is a great indicator for Hawaii real estate. Young buyers influence market trends: Homebuyers between the ages of 27 to 32 now make up the largest group of Hawaii first-time homebuyers. Stop paying your landlord's mortgage. Why deal with continuous rent increases, no tax shelter, no home to actually call your own and the possibility that ‘your place' will go up for sale at anytime, living in a home with someone else's rules? READ FULL STORY read more Hawaii Real Estate Articles You may start your search for Hawaii, Oahu Real Estate by using our Hawaii Home Finder service. We will email you details of all homes that meet your requirements. 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.
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *Why Buyers Should Use a Real Estate Professional ?A sales professional can familiarize you with the processes involved in buying a home, alert you to potential risks, help you determine how much house you can afford, explain alternative financing strategies, as well as provide tremendous moral support. Technology has definitely changed the way we live and work. And it's no different for real estate. Twenty years ago, only real estate professionals had access to home listings. Today, there are multiple resources at consumers' disposal. The Internet has become a popular tool for homebuyers to peruse the listings in any city or state. According to the 2003 National Association of REALTORS® Profile of Home Buyers and Sellers, 71 percent of homebuyers used the Internet in their search for a home during the first quarter of 2003. Besides home searches, consumers can find information about communities, schools, mortgage options, and even property appraisals. With this wealth of information, should you still have a real estate professional represent you during your homebuying process? Absolutely. Given the sizeable monetary outlay—possibly the single largest financial transaction in a person’s lifetime—it seems reasonable, even smart, to call in a specialist. While in the past, consumers may have seen real estate professionals as simply a person who drives you around from property to property, our role is definitely greater than that. That's only the tip of the iceberg. Ask yourself, who better to know the exact whereabouts of that 50-mile view, 100-foot waterfall, or new in-town condominium project? A sales professional can be a great resource, especially to homebuyers relocating from other communities. He or she knows the local area including home values, taxes, utility costs, and school data, and may even be knowledgeable about resources pertaining to your special interests or needs. For instance, should you require help relocating an aging parent with you, your real estate professional may be able to direct you to local services or organizations for the elderly. Another benefit is having a strong advocate during the negotiating process. A sales professional can help you objectively evaluate an offer then work to negotiate a favorable contract. During the process, he or she will review the contract and obligations before you sign, explain how contingencies and release clauses work, and so on. And something easy to overlook is our familiarity with the complexity and risks inherent in the process. In the years I have been practicing I have been continually amazed at how quickly a seemingly simple transaction can grow legally complex and risky. For example there may not be a legal right-of-way to the property, or just as bad, others may have an easement over the land you’re contemplating acquiring. When such questions arise, we will quickly advise you to consult an attorney and other licensed professionals whose services you may require, such as home inspectors, engineers, surveyors and lenders. If you preffer to work with native speaking agent I can reffer you to the other reliable Prudential Agent (at Prudential we have agents who are fluent in Japanese, Chinese, Korean, Russian languages and others). Please feel free to search our Oahu, Hawaii Real Estate web site for all Oahu Real Estate Information, Homes for sale on Oahu, Condos for sale in Oahu, Honolulu Luxury new condos, new projecs, construction and developments, land for sale on Oahu and everything you wanted to know about Oahu Beautiful Places, Beaches, Waterfalls, Gardens, Hiking trails,Ocean life. As your single point of contact, a sales professional can manage the entire transaction including coordinating inspections, keeping in touch with the other real estate professionals, managing the documentation for the loan process, monitoring deadlines associated with contingencies, providing applicable paperwork, estimating closing costs, and helping prepare for a smooth and uneventful closing. If you’re about to begin the process of buying or selling a home, consider involving a real estate professional. When the stakes are high, it’s comforting to have a specialist by your side. Whether you are thinking of buying, selling or financing
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