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Cash or Loan
One of the questions people most often ask me is the market sustaining sales? And if so are they cash or loan. Every month I crunch the numbers to give these clients and friends an answer. This past month of September was and is a typical display of our Maui Hawaii real estate market in its volatile uneasy state.
Condo minimums Sold in the month of September 2011
81 units sold
Cash 52 units = 65%
Loan 29 units = 35%
And just the opposite for Maui homes
Homes sold in the month of September 2011
79 units sold
Cash 25 units = 32%
Loan 54 units sold = 68%
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Foreclosure Monday
6/13/2011
The following properties have been foreclosed upon by their respective lien holders in a judicial proceeding.
45 Uahaa Place Wailuku HI 96793 2-3-5-023-134 for the sum of $359,000.00 with a right of confirmation hearing to be set
660 Wainee street #I-109 Lahaina HI 96761 Aina-Nalu condominium for the sum of $150,000.00 with a right of confirmation hearing to be set
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Foreclosure Tuesday
4/26/11
The following properties have been foreclosed upon by their respective lien holders.
Wailuku Foreclosures
12 Paalae place Wailuku, Hi 96793 Koa subdivision for the sum of $564750.00
23 Kaloaloa way 6C Wailuku, Hi 96793 Illiahi condominium townhouse for the sum of $360,178.72
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I thought I was on an episode of HOARDERS
While looking at homes for sale in Wailuku Heights with a client the other day we had an appointment to see a brand new Wailuku Heights listing . Well not really an appointment, more like a window of opportunity/feeding frenzy, as the listing agent was letting everyone come by for one hour. It's a court ordered sale and $499,000 is a good price for this neighborhood. There was a small crowd of curious people.
From the outside the home looked normal, and even modest for the neighborhood. Many homes in here are valued over $1M and it's a highly desirable area for Maui residents who are moving up in the world. You'll find a lot of Maui professionals living here, including doctors and lawyers, pilots and accountants.
Inside the home it was another story - much like an episode of HOARDERS! We had to tiptoe around stacks of stuff and overflowing boxes everywhere. All the closets were stuffed, and all the surfaces piled high. It was a real eye opener. One lady commented that it looked a lot better than when she saw it last week, as half the junk was already taken away. WHAT! I can't even begin to imagine that you could pack more stuff into this home.
The interesting twist is that this home is being sold by the courts because the owner has been arrested. Lloyd Kimura is a CPA who was bilking his clients to the tune of million$. i don't personally know this man, and I'm glad to say I never had any dealings with any of his businesses. It's very unfortunate for this family who have been good members of the community.
You can find the link to this Wailuku home for sale on my Facebook page.
Don't throw your hard earned money away when you buy a home on Maui. Work with an experienced Realtor to get the most bang for your buck. Call me up and we can get the process started.
Central Maui homes for sale - Wailuku and Kahului
Thanks for reading My Maui Blog! ~ Georgina M. Hunter Realtor(S) e-Pro
Search the Maui MLS right here
call or text me 808 283-0635 ~ EMAIL
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Foreclosure Thursday
12/02/2010
The following properties have been foreclosed upon by their respective lien holders.
If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.
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