Wednesday, June 25, 2014

Wednesday Morning Coffee on Maui - 6/25/14

Aloha & Good Morning!  
Today Maui will be sunny with highs in the upper 80's!

I love when I can help both my buyers and my sellers.  Every week there are new articles posted to the Real Estate Sales Maui website.  There are three places you can find these great articles.  The first location is on the home page on the right side under “Latest Maui Real Estate News”.  When you browse this section by clicking on the link you will be able to see several years’ worth of news articles that have been posted to the website.  

For more specific information there are two sections where you can find buyer specific news and seller specific news.  These sections of the website contain the same news articles from the main news section.  However, they have been categorized for each side of the transaction.  

This week I read two articles that I posted on the Real Estate Sales Maui website and I want to share them both with you.  The first is a great article for sellers and this topic comes up more often than anyone would like.  The question is what happens when your buyer defaults.  This can happen at any time and depending on where you are in the process there are different approaches a seller can take.  Most consequences for default are spelled out in the contract between the buyer and the seller but sometimes it requires more intervention then that.  It is always good to know what to expect before going into a contract.  If you are curious about this process I will be happy to answer your questions and go over the specifics with you even before you list your property.  What I liked about this article is that it advices that you speak with an attorney with real estate knowledge before making any decisions.  This is really key because they will know more about the specifics that will help you with a proper resolution. 


The next article I posted was for buyers.  This article has five home buying and home owning challenges listed.  Obviously there are many (many) more items we could list but for the purpose of this article I thought it addressed some major topics that come up.  The second item in this article was of particular interest as it happens often; the appraisal comes in very low.  What do you do then?  The author of this article says you can (and should) object and ask for a copy of the appraisal (which you should always get).  This knowledge can come in handy when buying a home or refinancing an existing home.  


Buying and selling real estate should be fun and give you opening to new adventures in ownership  Just be prepared for the bumps and have a good real estate agent to help bring you through the process.  Contact me to buy or sell real estate on Maui anytime. 

Lastly, I want to share an article from The Maui News.  This is just another vote for Maui and this time comes from US News and World Report.  Early this week it was announced that Maui is the best place to visit in the U.S. and the fourth best place in the world.  It is truly why we can say Maui No Ka ‘Oi and that means that Maui is the best! 

ARTICLE: Maui Voted Best Place To Visit In U.S.


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