Makena Wailea Properties Blog

Wordless Wednesday - Haleakala Silversword

Wed, 03 Jun 2009 02:04:59 -0500

If you are considering buying or selling a home or condominium in the South Maui areas of Kihei, Wailea or Makena, or would just like to learn more about owning real estate in Hawaii, give us a call. We are your South Maui experts! Call now for a free consultation!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy B.A., REALTOR® (S)
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
www.SoldOnParadise.com

Have you considered a Purchase Money Mortgage?

Fri, 19 Jun 2009 21:10:48 -0500

What is a Purchase Money Mortgage?
* Technically any mortgage on real property executed to secure the purchase money from the buyer is
considered to be a Purchase Money Mortgage
* Commonly referred to as a mortgage that is taken back by a seller from the buyer in lieu of purchase
money
* Can be either a single-financed debt, or it can be used to fill a gap between the buyers down payment
and the new first mortgage

Advantages for the seller
* In a financially stressed market, seller financing may be more attractive to a buyer, resulting in a
quicker sale
* The sale usually closes quicker
* You may be able to defer income tax liability
* Interest rates provide a great yearly return

Advantages for the buyer
* You may be able to buy property you can not qualify for if relying
on conventional financing
* Closing costs are usually lower
* The down payment required is usually smaller
* You may not be required to purchase mortgage insurance
* Flexible payment terms may be available
* Unlike an Agreement of Sale, you obtain legal title to the property

If you don't currently qualify for a conventional mortgage, you might consider a Purchase Money Mortgage. It can help a seller realize a high rate of return, and make it easier for a buyer to obtain financing. As with all contracts, it is strongly recommended you consult with an attorney familiar with real estate law.

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If you are considering buying or selling a home, condo or land in the South Maui areas of Makena, Wailea or Kihei, or would just like to learn more about owning real estate in Hawaii, give us a call. Providing years of service with Aloha...we are your South Maui experts!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy REALTOR®(S), B.A.
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
info@SoldOnParadise.com
www.SoldOnParadise.com

Wordless Wednesday - I can see for miles!

Wed, 24 Jun 2009 18:31:07 -0500

If you are considering buying or selling a home, condo or land in the South Maui areas of Makena, Wailea or Kihei, or would just like to learn more about owning real estate in Hawaii, give us a call. Providing years of service with Aloha...we are your South Maui experts!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy REALTOR®(S), B.A., e-PRO
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
info@SoldOnParadise.com
www.SoldOnParadise.com

Speechless Sunday - Black Sand?

Sun, 21 Jun 2009 03:39:36 -0500

If you are considering buying or selling a home, condo or land in the South Maui areas of Makena, Wailea or Kihei, or would just like to learn more about owning real estate in Hawaii, give us a call. Providing years of service with Aloha...we are your South Maui experts!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy REALTOR®(S), B.A.
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
info@SoldOnParadise.com
www.SoldOnParadise.com

Have you considered an Agreement of Sale?

Fri, 19 Jun 2009 20:31:35 -0500

What is an Agreement of Sale?
* An agreement of sale is a contract of sale between the seller (vendor) and buyer (vendee) for the
   purchase of real property.
* The purchase price may be paid in installments by either:
        Principal and interest or
        Interest only, with the balance due at maturity
* The seller retains legal title to the property
* The buyer is given possession and equitable title to the property
* The seller is obligated to deliver good legal title when the buyer
completes the required payments

Seller Advantages
* Seller retains legal title to the property until the buyer is able to
   perform
* Can provide a higher rate of return on interest rather than placing
your money in an interest bearing account
* Installment sale enables the seller to defer payment of the large
   capital gains tax

Buyer Advantages
* If the buyer is unable to qualify for an institutional mortgage this is an alternative means of financing
* Benefits:
        Reasonable financial terms
        Buyer could benefit from property value appreciation

If you don't currently qualify for a conventional mortgage, you might consider an Agreement of Sale. As with all contracts, it is strongly recommended you consult with an attorney familiar with real estate law.

**********

If you are considering buying or selling a home, condo or land in the South Maui areas of Makena, Wailea or Kihei, or would just like to learn more about owning real estate in Hawaii, give us a call. Providing years of service with Aloha...we are your South Maui experts!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy REALTOR®(S), B.A.
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
info@SoldOnParadise.com
www.SoldOnParadise.com

Hotel strategy to offer very, very good service!

Wed, 17 Jun 2009 20:28:18 -0500

The former Diamond Resort & Spa is remaking itself this week into
the botique Hotel Wailea Maui. General Manager Henry Perez said
the hotel will still be unique, with an exceptional staffing level of 2.9 employees for each of its 72 units.

The hotel has a spa, restaurant and meeting facilities for small
groups. It also offers exclusive beach club privileges for guests
emphasizing privacy and discreet service.

Black Diamond Hospitiality Investments took over the resort last year and have updated the public areas and is now renovating the guest rooms one by one. That work is expected to be finished in October.

The entire article can be found here: Hotel strategy to offer very, very good service

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If you are considering buying or selling a home, condo or land in the South Maui areas of Wailea, Makena or Kihei, or would just like to learn more about owning real estate in Hawaii, give us a call. Providing years of service with Aloha...we are your South Maui experts!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy REALTOR®(S), B.A.
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
info@SoldOnParadise.com
www.SoldOnParadise.com

Wordless Wednesday - Maui Traffic Jam

Wed, 17 Jun 2009 04:09:27 -0500

If you are considering buying or selling a home, condo or land in the South Maui areas of Makena, Wailea or Kihei, or would just like to learn more about owning real estate in Hawaii, give us a call. Providing years of service with Aloha...we are your South Maui experts!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy REALTOR®(S), B.A.
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
info@SoldOnParadise.com
www.SoldOnParadise.com

Speechless Sunday - Barren

Sun, 14 Jun 2009 13:36:58 -0500

If you are considering buying or selling a home, condo or land in the South Maui areas of Wailea, Makena or Kihei, or would just like to learn more about owning real estate in Hawaii, give us a call. Providing years of service with Aloha...we are your South Maui experts!

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy REALTOR®(S), B.A.
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
info@SoldOnParadise.com
www.SoldOnParadise.com

Wordless Wednesday - Hey, Wait Up!

Wed, 10 Jun 2009 01:55:51 -0500

Speechless Sunday - Paradise Found

Sun, 07 Jun 2009 01:07:31 -0500

Speechless Sunday - Inspiration!

Sun, 31 May 2009 01:02:40 -0500

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy B.A., REALTOR® (S)
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
www.SoldOnParadise.com

South Maui Condominium Best Buys

Sat, 30 May 2009 17:57:02 -0500

Here are a few of the best condo deals in South Maui for the week of June 1st. Contact us now for more information on these, or any other properties in Kihei, Wailea and Makena.

Area Price Bedrooms Comment

North Kihei

Kihei Bay Surf $159,900 0 Price!

Haleakala Gardens $199,900 2 Price!

Kihei Bay Vista $329,000 1 Ocean View!

Kihei Resort $349,000 2 Price!

Nani Kai Hale $469,000 1 Ocean Front!

Kai Makani $489,000 2 Ocean View!

Menehune Shores $489,900 2 Ocean Front!

Luana Kai $599,000 2 Large, Ocean View!

Kai Makani $599,000 3 Large, Ocean View!

Hokulani Golf Villas $1,200,000 2 Residential Condo

South Kihei

Kihei Shores $209,995 2 Price, Nice Interior!

Keonekai Villages $239,000 2 Price!

Maui Vista $249,900 1 Price, Location!

Kihei Kai Nani $319,000 1 Price!

Kamaole Sands $345,000 1 Price!

Kihei Akahi $345,000 1 Price, Ocean View!

Kam Beach Club $429,000 2 Price, Ocean View!

Maui Kamaole $649,900 2 Ocean View!

Royal Mauian $975,000 2 Direct Ocean Front!

Kihei Surfside $1,060,000 2 Ocean Front!

Wailea/Makena

Grand Champions $585,000 2 On the golf course!

Wailea Fairway Villas $625,000 2 On the golf course!

Wailea Ekolu $750,000 1 Price!

Wailea Palms $795,000 2 Ocean View!

Palms at Wailea $899,000 1 Price, Ocean View!

Kanani Wailea $899,900 3 Residential Condo!

Ho'olei $1,695,000 3 New, Large, Great Price!

**********

If you are considering buying or selling a home or condo in the South Maui areas of Kihei, Wailea or Makena, or just need information on real estate in Hawaii, give us a call. We are your South Maui experts! Call now for a free consultation!

Mike Eddy REALTOR® (S), ABR®, e-PRO
Sheryl Eddy B.A., REALTOR® (S)
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
www.SoldOnParadise.com

Wordless Wednesday - Go Fly a Kite!

Wed, 27 May 2009 23:28:37 -0500

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy B.A., REALTOR® (S)
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
www.SoldOnParadise.com

Speechless Sunday - I Never Promised You A Rose Garden!

Sun, 24 May 2009 01:10:51 -0500

Mike Eddy REALTOR®(S), ABR®, e-PRO
Sheryl Eddy B.A., REALTOR® (S)
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
www.SoldOnParadise.com

South Maui Condominium Best Buy List

Sat, 23 May 2009 00:17:55 -0500

Here is our list of 30 of the best priced/best located condos in South Maui for the week of May 25th

Area Price BR Comment

North Kihei

Kihei Bay Surf 118 $159,900 0 Price!

Haleakala Gardens 4B $199,900 2 Price!

Kihei Bay Vista A201 $329,000 1 Ocean View!

Kihei Resort 225G $349,000 2 Price!

Nani Kai Hale 208 $469,000 1 Ocean Front!

Kai Makani 10-102 $489,000 2 Ocean View!

Menehune Shores 305 $489,900 2 Ocean Front!

Luana Kai A304 $599,000 3 Large, Ocean View!

Kai Makani 40-201 $599,000 3 Large, Ocean View!

Hokulani 131 $1,200,000 2 Residential Condo

South Kihei

Kihei Shores J-004 $209,995 2 Price, Nice Interior!

Keonekai Villages 4-202 $239,000 2 Price!

Maui Vista 3218 $249,900 1 Price, Location!

Kihei Kai Nani 109 $319,000 1 Price!

Kamaole Sands 9-208 $345,000 1 Price!

Kihei Akahi D309 $345,000 1 Price, Ocean View!

Kam Beach Club C208 $429,000 2 Price, Ocean View!

Kihei Akahi C606 $469,000 1 Upgraded, Ocean View

Maui Kamaole B-210 $649,900 2 Ocean View!

Royal Mauian 214 $975,000 2 Direct Ocean Front!

Kihei Surfside 614 $1,060,000 2 Ocean Front!

Wailea/Makena

Grand Champions 165 $585,000 2 On the golf course!

Wailea Fairway Villas E102 $689,888 2 On the golf course!

Wailea Ekolu 304 $750,000 1 Price!

Wailea Palms 3705 $795,000 2 Ocean View!

Wailea Ekolu 201 $818,000 2 Price, Ocean View!

Palms 1501 $899,000 1 Price, Ocean View!

Kanani Wailea 11 $899,900 3 Residential Condo!

Palms 1203 $988,000 2 Price, Ocean View!

Ho'olei 24-2 $1,695,000 3 New, Large, Great Price!

**********

Mike Eddy REALTOR® (S), ABR®, e-PRO
Sheryl Eddy B.A., REALTOR® (S)
Mike (808) 268-2219 Cell
Sheryl (808) 268-2220 Cell
www.SoldOnParadise.com