Short Sales in Hawaii Are Alive and Well

This article is meant to dispel rumors about Short Sales in Hawaii. It may apply to other states as well but I am unfamiliar with the laws of other states and cannot claim to know their procedures.

Many uneducated real estate agents don't want to touch a Hawaii Short Sale whether they are representing a buyer or a seller. This holds true for Hawaii VA Short Sales too. That is too bad for you, the consumer and potential buyer of a Hawaii home.

Some of the most common excuses that I read and hear from these Hawaii real estate experts and specialists is that "short sales are difficult to work with and take a long time".

Damn right they are difficult to work! But if you want to practice what you preach and do what is best FOR YOUR BUYER OR SELLER and QUIT THINKING ABOUT HOW MUCH WORK ITS GOING TO BE FOR YOU!

Sellers don't want to be in a short sale situation. The Hawaii real estate market has forced these Sellers into this situation and they need PROFESSIONAL HELP which from what I read, is what all of the agents say they give. Profiles that say thing such as.................

"I am looking out for your best interest", "Call me for courteous professional service". "I will provide you with the best information possible for you to buy a house". All of these claims are a bunch of crap unless you are willing to show Hawaii Short Sales to you buyer and at least explain FACTS to them rather than EXCUSES for not showing them Hawaii Short Sales.

If you are a buyer and are not being shown Hawaii short sales and if you are not getting help with the sale of your Hawaii short sale as a seller, then I seriously question why that is the case.

These are some facts about Hawaii Short Sales:

• Not all HAWAII SHORT SALES FALL UNDER ACT 137 SO DON'T LET THAT SCARE YOU.
• Some of these short sales are in EXCELLENT condition and look better than properties that are not in a short sale situation.
• Short sales can be difficult but if you have a Hawaii Real Estate professional that knows what they are doing, the process can be much easier.
• Short Sales can be closed in as little as 30-60 days if the Hawaii Real Estate agent has been thorough and diligent in preparing the short sale for purchase.
• Hawaii Short Sales can allow a buyer to purchase a property for as little as 82% of fair market value and possibly lower.
• Hawaii Short Sales can take many, many months to close IF the proper preparations have not been made.
• You CANNOT be on a strict timeline to purchase a home and need to have a Plan B.
• The real estate brokerage may earn less of a commission on a short sale. This is absolutely true but if it is in the best interest of the Buyer or Seller.....then so what?

If you are interested in purchasing Hawaii Real Estate and have time to wait on a short sale, make sure you are being shown ALL of the available properties to include Short Sales in Hawaii.

For more information on the availability of Hawaii Short Sales and Hawaii VA Short Sales, contact me anytime.