Honolulu Hawaii Homes Real Estate

Kahala-Hawaii

Here you have the Kahala Hotel also known as the Kahala Resort (formerly the Kahala Mandarin) next door with world class food and a relaxing beach. Try the $18 hamburger. Not twice as good as a $9 Teddy’s Bigger Burger, but it sure tastes good with plantation tea sitting on the lanai by the beach.

The Kahala townhouse complex located at 4999 Kahala Drive in Honolulu is a leasehold property. The average sales price over the last year has been $153,000. The lease expires in 2027, so you can only get financing with a 13 year loan, which does not exist. You have to finance it yourself, get a private loan or get owner financing. The lease rent renegotiates in 2017 (can go up or down).

For comparison, if you financed a $200,000 property with a private loan at 60% of the sales price for $120,000, payments would be approx ~ $1400, + $960 maintenance fees + $2240 lease rent = $4600/month.

I’m not saying you should buy a different or more expensive property, but the lease rent in this case could finance more than 100% of the price. In other words, you could buy a property 100% more expensive with the same payments and probably get a better interest rate with the same down.

On the other hand, this is one of the prime spots on the island. I know many people that would love to live here for $4600/month. That is close to the going rental rate there from September through March. Some of them go for more or less. It is 1-month minimum rental if you rent it out.
Contact me for any questions.

Hawaii Homes for Sale

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We are proud to list and assist you in buying or selling Hawaii homes and condos in the State of Hawaii. If you are looking for for Hawaii real estate, you have found the right place.

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We will help you find Hawaii real estate listings, houses for sale, new homes, townhouses, foreclosures and more. View Multiple Listing Service (MLS) information at your leisure. If there is anything you would like to know, don’t hesitate to ask.

Although the prices of many of the Hawaii homes for sale are above the national average, the price you pay is well worth the additional benefits and better lfestyle you get from living in Hawaii. Surrounded by thousands of trees and ocean tradewinds, Hawaii homes are available on several different islands. Real estate neighborhoods and subdivisions include Pupukea, Portlock, Hawaii Kai, Lanikai, Hawaii Loa Ridge, Kahala, Kailua and the Diamond Head area. A local agent can help you find more affordable Hawaii homes for sale in other neighborhoods as well, such as Salt Lake, Aiea, Waipahu, Makakilo, Kalama Valley, Ewa Beach and the Mililani areas. Hawaii residents can expect to have healthy lifestyles because of the numerous exercise and recreational opportunities available and the high standard of medical facilities and professionals. Although living in Hawaii may temporarily take you away from the mainland, many homeowners find these beautiful islands and natural beauty well-worth the trouble of moving here.

[caption id="attachment_81" align="alignright" width="300" caption="Koko Crater View toward Diamond Head Honolulu"][/caption]

I can be reached at 808 723 0900 or frank @ hawaiihome.biz or at East Oahu Realty.

I have bought or sold over $20 million in real estate for my clients and specialize in condominiums and single family homes. I can locate specific properties and information on any island, including taxmaps, liens, lot sizes, loan information, zoning, etc.. Some of these areas include Honolulu, Hawaii Kai, Kahala, Portlock, Kaneohe, Kailua, Pearl City, Mililani, Waipahu, Ewa Beach, Kapolei, Makakilo, Aiea and Salt Lake.

I use the latest technology (databases, internet searches/listings, virtual tours, e-mail newsletters) to find or market your home. I use search engine marketing to reach specific buyers nationally and internationally. As your agent, I will:

Complete a comparative market analysis that will compare your home’s value to that of your neighbors.
Compile a comprehensive plan detailing all the efforts I will employ to sell your home, including Internet and local media. Sites will include:
Craigslist Oahu,  Google Base,  AOL Real Estate, Cyberhomes, Trulia,  Homescape, MyREALTY,  Zillow,  Oodle.

Present your home to as many qualified buyers as possible getting your home maximum exposure.
Help you stage your home and generate curb appeal to ensure you get the highest price.
Assist with obtaining offers and help you in negotiating the best deal as smoothly as possible.
Help you find your next home and answer all of your questions about the local Hawaii real estate market, including schools, neighborhoods, the local economy, and more.

Senior Chief Hospital Corpsman, United States Navy, Retired.
MBA, e-Pro Certified.

Member of:
• Honolulu Board of Realtors
• Hawaii Association of Realtors
• National Association of Realtors

Aloha,

Frank Diaz, (RA)
MBA, e-PRO, REALTOR®
East Oahu Realty
808.723.0900
808.791.2277 direct
866.241.8814 fax

http://hawaiihome.biz/