Fine Island Properties has teamed up with Paul Parsons of Hawaii's Mortgage Consultants to bring what we consider to the current BEST BUYS in the Maui Real Estate market.

This week, we are bringing you ONE BEST BUY~ one GREAT DEAL. This is a "pocket listing", which means you won't find it listed on the open market. We are focusing on this one deal this week, because we hope to focus your attention on the great possibilities of this property:

• Rare 6 unit condo complex in Wailuku with approximately $80,000 net income per year.
• There are three 3bd/1ba units and three 1bd/1ba units.
• Asking price is $1.3 million.

Here are some more numbers to help you see why this works:

For other great deals on Maui, visit our website at www.FineIslandProperties.com!

Call Aran I. Parsons R (B), ABR at (808) 280-6911 or Gina Duncan R (S), ABR at (808) 250-9858

Properties like this one on Maui, are few and far between! Own a true Hawaiian retreat. Walk the paths of this property, and feel as though you are in the jungles of Costa Rica. Listen to the sound the running stream and waterfall that runs alongside the border of this lush "Garden of Eden".

A quaint cottage sits on the bluff, overlooking sweeping valley vistas and the blue pacific. You must see this property! Close to town, yet with the feel of a private island oasis, it's a one-of-a-kind.

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Existing cottage may be remodeled & added-on to make home larger, or build your own custom dream home. References for builders are available.

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Call Gina Duncan R (S), ABR at (808) 250-9858 for a private tour of this amazing property.

Unbelievable beauty awaits your eyes.

Aloha:

There are many things involved with buying Maui Real Estate and the Fine Island Properties Team can guide you through the purchase process. After you buy you think about decorating, etc. but one overlooked area can be Estate Planning for your new vacation home.

All Estate planning should be done with the assistance of a Professional Attorney, a Tax Advisor, and an Escrow Title Service Company but here are some planning techniques to think about:

1. Revocable Living Trust: Provides for management of your property in life and death and can help to avoid probate.

2. Power of Attorney: Make sure your power of attorney allows you to name who will care for your property should you become incapacitated and that it is legal in the state of Hawaii.

3. Family Limited Partnerships: An entity uses to provide asset protection for partnership property from a creditor of a partner, and enables parents to gift, and reduces transfer tax values.

4. Charitable Remainder Trust: This would be great for vacation condos here that are generating income. The trust owns the property as a charitable contribution, but the income stream may be retained by the grantor of the property. This may enable you to receive a tax deduction, and avoid captial gains tax on transferred property.

5. Fractional Interest Gift: Many condos on Maui do not allow fractional ownership. Please refer to the CC&Rs for each property. If allowed this may transfer a partial piece or fraction of the property to donees and obtain fractional interest discounts for estate and gift purposes.

6. Private Foundation: This would apply for many of our Luxury Homeowners here on Maui. Use by higher wealth families to receive any otherwise taxable property as to eliminate estate taxes on the death of a surviving spouse.

As previously mentioned these are tips and by no means meant to convey legal guidelines. Please consult an Attorney licensed in the State of Hawaii, a Tax Advisor and an Escrow and Title Officer for further information. I have referrals for several. Just contact me. To search the Maui MLS for great Maui Real Estate go to: www.FineIslandProperties.com

Aloha, Gina Duncan, R(S), ABR, e-Pro

808-250-9858

Soutpointe at Waiakoa #4-103

$269,000

You will love the private back yard and mature foliage in this quiet unit. Priced ahead of the market for buyers that want a deal. The assigned parking and visitor stalls are close by. Small amount of storage is available. There is an a/c in living room and a newer oversized washer and dryer. Southpointe is a well taken care of complex- close to the ocean and the highway. There is a clubhouse,barbques, and mature trees on site. We are now in a market where you can stop renting and buy your first property to begin building wealth. My lender says with 10% down you may have a payment as low as $1361.00 a month(rates and terms subject to change without notice -restrictions apply).

Visit our website at www.FineIslandProperties.com and click on "Featured Listings" for more info on this maui condo, and other great Maui Real Estate deals.