by Dan Polimino | Oct 28, 2015 | Ask The Hawaii Team, Selling
Quick Answer: Deciding whether to sell your luxury Kona-Kohala Coast home during the holidays depends on current market conditions and your personal goals. In a seller’s market with limited inventory, serious buyers remain active and competition is lower, which can...
by Dan Polimino | Feb 3, 2015 | Buying, Financing, Selling
Quick Answer: In Hawaii, your earnest money deposit, typically 1% to 3% of the purchase price for a luxury property, is held in escrow and is generally returned to you if the sale fails due to seller default or mutual agreement. However, if you as the buyer default on...
by Dan Polimino | Dec 16, 2014 | Buying, Luxury Market, Selling
Quick Answer: Understanding the real estate market for your luxury Hawaii property involves tracking interest rates, overall economic health, supply and demand, government policies, demographics, and local market conditions. While current dynamics on the Kona-Kohala...
by Dan Polimino | Sep 23, 2014 | Buying, Luxury Market, Selling
Quick Answer: Many common real estate myths, from the necessity of a 20% down payment to the perceived ease of house flipping, can lead to costly financial missteps or missed opportunities. On the Kona-Kohala Coast, understanding the nuanced truth behind these...
by Dan Polimino | Aug 12, 2014 | Financing, Luxury Market, Selling
Quick Answer: While selling your luxury vacation rental yourself may seem like a way to save on commission, data consistently shows that For Sale By Owner (FSBO) properties often sell for significantly less and present numerous challenges, from incorrect pricing to...
by Dan Polimino | Feb 18, 2014 | Buying, Luxury Market, Selling
Quick Answer: When viewing a luxury home on the Kona-Kohala Coast, punctuality, respect for privacy, and clear communication through your agent are essential. Sellers often vacate their homes specifically for showings, so thoughtful and professional conduct helps...
