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When looking through the Oahu Real Estate market, you may find a home for sale by the owner directly that you might be interested in. Typically, the seller pays the real estate fees when using another Realtor®. Many buyers think that when they choose to buy a home from an owner directly, they may be getting a “deal”.
Be cautious. Agents are available to represent you in this transaction as well..
Hawaii Home Values
To make an informed decision, it is important to know what the local neighborhood home values are in you area. As your agent, we can pull this historical data and compile it in an easy to digest way for you. It is a miserable thing to pay too much for a home and try to sell it years later, only to walk away having paid into the house to sell it, or just barely breaking even. Buy your home today at today's prices. We will help make sure the price is in line with the market so that you can enjoy potential future appreciation.
Hawaii Home Values
Not only would you want to avoid paying too much for a home, you probably should be wary of a contract written up with no expert help. When using a Realtor®, you know your interests are being protected in the contract. The current contract requires is a compilation of years of real estate transactions, and is approved by the Hawaii Department of Real Estate and Hawaii Association of Realtors. Both you and the seller should have a clear picture of what is expected in your contract, including inspection contingencies, loan information, disclosures from the seller, what happens if the contract is breached, and many other items. The current contract used by real estate professionals is nine pages. It is our job at Hawaii Discount Realty to guide you through the contract, allow you time to feel comfortable with it, make the contract fit your needs, answer your questions and make sure all parties are abiding by the requirements set forth in the contract.
For our local Oahu and Hawaii market, we have a two page supplement, as well as a Hawaii Discount Realty addendum, existing As-Is addendum and lead based paint addendum. You should also receive and review a five page seller property disclosure the seller furnishes. There may be additional addemdums if the seller is or is related to the lisstor, or if you will be using VA financing, or a leashold property is being purchased. Our goal is full disclosure all the time and for our clients.
If you think you can buy a home and be well protected without the help of an expert that can foresee potential pitfalls and recognize any red flags, you might think again. The price of someone protecting your rights, watching out for your interests, and guiding you through the maze to ensure you are 100% informed is more than worth the security you will enjoy.
