COLDWELL BANKER MARYL REALTY Kailua Kona • Queen Ka‘ahumanu & Henry St. #203 Offi ce # (808) 331-8200 /Toll-Free # (800) 845-7559 View Current Listings at ColdwellBankerMaryl.com Offi ce License # RB-16961 VISTAS - WAIKOLOA BEACH RESORT Amazing & rare 3 bedroom, 3.5 bath penthouse with incredible views of Mauna Kea, Mauna Loa, Hualalai, golf course and a glimpse of the ocean. The sunrise from here is incredible! Leanna Flem, RS-61159 (808) 895-3157 $1,390,000 605336 WAIMEA PARKSIDE 3 bedroom, 2.5 bath plantation-style home in prestigious Waimea Parkside. Top quality construction, and fully fenced and landscaped yard. Breathtaking! Kendall DiDonato, RS-74803 (808) 345-5212 $959,999 602070 21 ACRES - LOWER KALOKO MAUKA Great opportunity to own large acreage within minutes of Kona. Lush native forest, unique to Kaloko, offers privacy, amazing views with no CC&Rs or HOA. Call Buddy for more info. Buddy Norwood, RB-11909 (808) 896-0144 $565,000 295945 KONA VIEW ESTATES 3 bedroom, 3.5 bath luxury home with 180 degree panoramic ocean views. Hawaiiana living at its best! Karen Ostlie, RS-60256 (808) 937-1174 $1,998,000 603614 IN ESCROW HAWAII BELT ROAD Fully fenced, 26 acre coffee and macadamia nut farm. Beautiful home, furnished w/tropical flair. Ocean and sunset views! Kona Carla Womack, RS-61019 (808) 896-6768 $1,200,000 299318 KOLEA FARM 7.8 acres with coastline views, Kona coffee trees and tons of fruit trees. 2 bed / 1 bath home in gated community. Kona Carla Womack, RS-61019 (808) 896-6768 $749,900 294529 • Maryl@Maryl.com KONA PARADISE, DATURA ROAD Beautiful, custom-built 3 bedroom, 2.5 bath home. Stunning ocean and coastline views. Amazing attention to detail - owner/ builder is a master craftsman. Unique home at a cool elevation. Steven Meyer, RS-69886 (808) 936-1946 $515,000 601722 KOHANAIKI Three acres of privacy plus ocean views from this 3 bedroom, 3 bath home with a large covered lanai. Perfect elevation, and plenty of room to grow coffee, fruit trees, etc. Dylan Nonaka RS-64242 (808) 937-8382 $719,000 604022 WAIPUNALE HOMESTEADS Rarely available oceanfront property. Over 9.5 acres overlooking Laupahoehoe Point - build the home of your dreams! Bob Hudspeth, RS-55464 (808) 896-3066 $999,999 601338 11.7 ACRE KONA COFFEE FARM Kealakekua Bay views from this 7 bedroom/3 bath home with over 8 acres of mature, irrigated Kona coffee trees. Located at the end of the road - private and gated property. Kona Carla Womack, RS-61019 (808) 896-6768 $2,095,000 604910 14 West Hawaii Real Estate | May 26, 2017 5 Tips for Buyers in a Tight Housing Market When inventory is low, home prices tend to go up. Attempting to purchase a house in this type of market can make the already complex process of buying a home even more overwhelming. To help buyers successfully get through the buying process in a tight inventory market with as little stress and difficulty as possible, the National Association of Realtors has these five suggestions: 1. Determine and stick to a budget. Before beginning the house hunting process, prospective homebuyers should receive preapproval from one or more lenders to verify the amount of money they are qualified to borrow. Then, after taking into account additional costs of ownership such as taxes, utilities and insurance, buyers should determine a final budget they can comfortably afford. When listings are scarce, bidding wars can drive up prices, so buyers must be prepared to walk away if the asking price surpasses their budget. 2. Identify desired neighborhoods and home wants versus needs. When housing inventory is tight, buyers may need to compromise on what they believe they want from a home. Certain wants, such as stainless appliances or hardwood floors, can be added later. However, if a buyer wants to be in a specific school district or have a decent sized backyard, those cannot be addressed later and must be taken into account during the house hunting process. 3. Be ready to make a decision quickly. In a seller’s market, homes rarely stay on the market long, so when a house that is in their budget and checks off all of their needs come along, buyers should not hesitate. Buyers should be ready to submit an offer quickly, or they may risk missing out on the home altogether. 4. Bid competitively and limit contingencies. It is tempting to submit a low offer as a starting bid, but in a seller’s market buyers need to put forward their highest offer from the very beginning or they are likely to lose out on the home. It is also important to remember that in multiple bidding situations it is not always the highest offer that is most attractive to the seller but the one with the fewest contingencies. Removing restrictions related to the sale of a current home and being flexible with things like the move-in date can make a bid stand out to a seller. 5. Work with a Realtor®. All real estate is local, so it is important to work with an agent who is a Realtor, a member of the National Association of Realtors, and who is familiar with the areas and neighborhoods the homebuyers are considering. Realtors are the most trusted resource for real estate information and have unparalleled knowledge of their communities; they can give buyers the competitive advantage needed in a tight market.
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