Buying a Home

April 30, 2024

Explaining the NAR Settlement: What It Means for Home Buyers and Sellers

The National Association of REALTORS® (NAR) has reached a settlement that could reshape the real estate landscape in the United States. This settlement, announced on March 15, 2024, and expected to take effect in mid-July 2024, addresses claims brought by home sellers regarding broker commissions. Here's what consumers need ...

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Dec. 15, 2023

Navigating Financing Challenges: What You Need to Know Before Buying a Condo on Oahu | The Salazar Group Hawaii

Buying a condo on the beautiful island of Oahu is a dream for many, but the reality of securing financing for such a purchase can be more challenging than one might expect. In this blog post, we'll explore some common reasons why individuals may face difficulties in obtaining financing ...

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Oct. 17, 2023

Sea Level Rise in Hawaii: An Impending Challenge for Real Estate Brokers

Living and working as a real estate broker in Hawaii, with a primary focus on residential properties on Oahu, we've witnessed the unique allure of this island paradise. The landscapes, the culture, and the tropical climate make it a desirable location for real estate investment. However, the very charm ...

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Sept. 7, 2023

A Quarter-Century of Real Estate in Honolulu County: Trends in Median Sales Prices

Median Sales Price vs Interest Rates

Chart Data updated as of May 17, 2024. Median Home Sales data from HiCentral MLS. Data deemed reliable but not guaranteed. InfoSparks (c) 2024 ShowingTime. Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org ...
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Aug. 24, 2023

Navigating the Unseen: A Guide to Buying a House Remotely

In an era where technology and real estate expertise converge, the idea of purchasing a house sight unseen is no longer as daunting as it once seemed. Whether you're considering an out-of-state move or simply find yourself in a unique situation, teaming up with a reliable real estate agent ...

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Aug. 4, 2023

Embracing the Aloha Spirit: Being a Good Neighbor in Hawaii

Hawaii, known for its breathtaking natural beauty and vibrant culture, is not just a vacation destination but a close-knit community. As a resident or even a temporary visitor, embracing the Aloha Spirit and being a good neighbor is essential to fostering a harmonious and welcoming environment. In this blog post ...

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July 12, 2023

What Is A Leasehold Property?

Leasehold Properties

A leasehold property is a property wherein you own the structure (condominium, townhouse, or Single-Family home) but not the land on which the improved structure sits on.

How Leasehold Works

When you purchase a leasehold property, you are buying the improved structure on top of the land it ...

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July 3, 2023

Unlocking the Hawaiian Dream: Using a VA Loan for Leasehold Properties in Hawaii

Dreaming of owning a piece of paradise in Hawaii? The good news is that if you're a qualified military service member or veteran, you can make that dream a reality by leveraging a VA loan to purchase leasehold properties in the Aloha State. In this article, we'll explore ...

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April 19, 2023

5 Crucial Things You Shouldn't Lie About When Applying For A Mortgage

When it comes to applying for a mortgage, remember that there's no such thing as a little “white lie.” Saying fibs that you think are harmless, as well as exaggerating, playing down, or failing to disclose certain information, can all jeopardize your chances of getting approved for a ...

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April 14, 2023

What Are Comps?

What Are “Comps,” and What Do You Need to Know About Them in the Current Real Estate Market?

 

Every industry has jargon an outsider wouldn’t understand, and probably doesn’t need to know. But real estate is a field where almost every “outsider” needs a bit of insider knowledge ...

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