Hawaii Real Estate | Hawaii Relocations | Hawaii Home Buying & Selling

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Hawaii Relocations & Residents- Tips on Hawaii Home Buying

       PART 2 (RESIDENTS- Non Military Relocating to Hawaii) 

                            Click here for MILITARY                                            

 

Celeste: Century 21 Liberty Homes. This is "Sally", may I help you?

Client (Potential): Hi, my name is ______ and we recently decided we would like to purchase a home but have no idea how to start the process.                                     

Celeste:  Are you currently working with another agent?  No?  Well, let me give you a little info to get started and then we can set an appointment time/date to meet.

The following tips will help you in your first steps with the home buying process.                                                                                                                 

 

1) You know that with buying you have tax benefits at the end of the year whereas with renting you are just paying someone else's mortgage payment and get to claim nothing at the end of the year (concerning rent vs. buying)   Not only that, you will not have to worry about your rent increasing, having to move because they are selling and basically it is YOUR OWN HOME!                                                                          

2) Have you talked with a local lender to see what you are qualified for?  (I mean, anyone with outstanding credit can qualify for a half a million dollar home...but you need to let the lender know what kind of monthly payments you want to stay around and there's no sense looking at something that would be out of your budget/price range) We need to see what price range you qualify for so we can specifically look at property in that price range.    

3) I can give you a few referrals for  loan officers whom I have worked with in the past. Just make sure that you only have your credit pulled once.  (If you give out your info many times your credit score goes down) My suggestion is to check with the loan officers regarding differnt types of loans. And make sure you let them know what you want to spend per month. (For condo/townhouses make sure you have the loan officer include maintenance and association fees, mo. payments for property taxes etc.)  You will most likely have less worries with a fixed rate loan but go ahead and click on the following links for info regarding:  Beware of Predatory LoansSpecialty Mortgages- Risks and Advantages;  and last but not least   TRADITIONAL MORTGAGES 

4) When we find out the price range you are qualified for we can start looking at listings in the areas you prefer to live. do you have a preference for neighborhood yet?  If you are unsure about the neighborhoods because you are brand new to the islands then we can look at a few properties in different areas OR if you have a couple of neighborhoods we can check those out.  You may want to check out the areas schools for your children:  Oahu Public Schools or Oahu Private Schools   Bottom line: To be in a neighborhood you will be happy in!                                                                                                                                  

Now, let's make that appointment for the time/date we can meet.  Tuesday at 4pm?  Great!

**Start making a list of wants/needs for the type of criteria you are wanting for your home.

Also, please click on the following link to get more info on:  Suggestions (Rules) while attending Open Houses in Hawaii . So often buyer's do not know that the best representation through your purchase is if you have your own agent.  (Buyer's agent) And the most likely you will pay nothing for representation as the seller's agent pays the commission. (split between seller/buyer brokerage firms) The seller's agent is the one hosting the Open House and is determined to get the best price for the seller....NOT YOU.

A short summary of  (click on link) Why You Should Use a Realtor

**If you have not arrived in Hawaii yet, you may want to scale down on the furniture and don't expect to have loads of sq. ft. interior to accomodate all that "stuff" you've been accumulating for the past ten years.  I've learned to do a sweep of my small townhouse every six months.  If I haven't used it in 6 months it most likely should be on it's way to the shelter.  So when packing up your "valuables" you may want to take a look at it that way.

 

 

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Be proactive in your Hawaii Relocation and Hawaii Home Buying Experience.

Celeste "Sally" Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs  she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents. Website: www.hawaiihomesmarket.com 

  

                                                       

 

Celeste "Sally" Cheeseman  is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs  she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.

 

 © 2007-2015 Celeste "Sally" Cheeseman's

Hawaii Real Estate and Relocation Blog.

All rights reserved.

     

 


 

 

Comment balloon 22 commentsCeleste "SALLY" Cheeseman • April 04 2007 02:30PM

Comments

I like your "Why you should use a Realtor" link!!!

 

Posted by Luke Constantino, Residential/Commercial Real Estate Brooklyn NY (Brooklyn/Manhattan Real Estate) over 11 years ago

Luke:

Well, how many buyer's do you get that "think" they'll get a "better deal" going straight to the seller....and how many seller's do you see out there that think they're real estate agents?

Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago
Sally-You bring up a great point about not having too many inquiries in to their credit history.  I advise my buyers to get a pre-qual from a reputable lender, shop around for loans and then narrow it down to no more than 3 lending institutions.  Once they find a property and have an offer accepted, then get GFE's from those 3 companies.  Do you know how many inquires will hurt the credit score?  Do you think that more than 1 will lower the score?  Do you know of anywhere where there may be a spreadsheet that shows the amount a credit score will decrease based on the amount of inquiries?  That would be a great tool to have to show buyers.  Aloha!
Posted by 1SG (Ret.) David Kucic, President and Owner (Hawaii Military Realty, Inc.) over 11 years ago
I think the best place to get an answer is your friendly neighborhood loan officer!!
Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago

Nice post Sally, you seem to be becoming one of the hard core bloggers on Active Rain! 

Relocation is a huge part of our market.  To be a good agent here you automatically need to be a rtelocation expert.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
The majority of us are relocation experts....especially when we are in the international path from all different parts of the world.  The trick is to know your stuff about Hawaii and cater to all markets and client's walks of life....otherwise, you single out the one's that are not part of that 'particular group' and maybe could be playing "partiality"?  What do you think?
Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago

I think if you know your product and treat people right you can make it almost anywhere.  In Hawaii we have unique things about our paradise that requires training along with time in the islands to learn.

Like how to pronounce Kaneohe, Wahiawa, Laie, Aiea and Kaaawa.  That will stump those from other parts of the mainland.  LOL

If you can pronounce all five of those towns you might be a Kamaaina.

 

Aloha to all.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
I like how you comment on my stuff.... I like the Kaaawa and Laie ones...haha! How about Likelike Highway?  And Kamehameha Hwy?  Ha!
Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago
I think I will have to post a Kamaaina test.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
Sally-I couldnt even pronounce the name of my own street for a few months!  Aloha and an early Happy Easter to you and your family.
Posted by 1SG (Ret.) David Kucic, President and Owner (Hawaii Military Realty, Inc.) over 11 years ago
The test is posted on my blog.  Have fun with it.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago

You said I gave away the plate lunch definition...sorry.

Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago

Sally you are two funny.  We can give plate lunch as an extra credit to those who read you blog. 

  • Two scoops of rice
  • macaroni salad or tossed salad for us light weights
  • Choice of meat, usually grilled or deep fried
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
Ha!  Hey Randy....I've been up since 3am!  Gary has vacation and we never have weekends off together so we got all excited....pathetic huh?  He's gaming and I'm blogging....
Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago

You may need a loco moco to keep you going. LOL

I am at the office on floor duty catching up on e-mail and blogs.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
I'm not going to divulge what that is....they would think we're sick....haha
Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago
I bet many would try the artery clogging delicacy.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago

Hahaha...hey Randy...go check out my latest....a Happy Easter to all!

Oh, by the way...You, me, Neal and Steve are the four musketeers now!

Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago
Sally, I created a monster by getting you on Active Rain.  Now we have two Rain-a-Holics in our office.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
That's okay!  At least I quit smoking and don't eat smoked ham!  hahahaha hearty har....Happy Easter Randy!  Did you see my Easter post?
Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago
I saw your easter post.  I liked some of the responses on it.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
I kept myself busy today...put up another post about multi tasking....had fun...see ya tomorrow at the office!
Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 11 years ago

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