Browsing Posts From: Buyers

The New Math on Reverse Mortgages

The reverse mortgage has won some new respect. A decade ago, most financial advisers would roll their eyes at the mention of reverse mortgages, loans that give homeowners an advance on their home equity and allow them to delay repayment until the home is sold. Such products, these advisers used to say, weren’t for their clients, but rather for those who didn’t prepare financially for retirement. One important change, the Reverse Mortgage Stabilization Act of 2013, prevents homeowners in most cases from taking all their equity at once—roughly 40% of […]

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Lahaina Home For Sale, 80 Iliahi Lot 2 Unit A

A fabulous new 5 bedroom, 5 1/2 bath, uniquely Contemporary Plantation Design home with gourmet kitchen, pool, & 3 car garage, to be completed in February of 2016 (call for updates). Click Here to Schedule a Showing: Offering stunning whitewater ocean & sunset views, with the beautiful West Maui mountains & frequent rainbows as a backdrop, this private, pristine 2.57 acre homesite is in one of Maui’s most desirable neighborhoods. Located minutes from historic Lahaina town’s shops, activities, harbor, & award winning restaurants, with family-friendly swimming & surfing at popular […]

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Maui Ocean Front

OCEANFRONT! PRIME OCEANVIEW!   LARGE 1 BEDROOM IN KAHANA ROYAL 4365 Lower Honoapiilani – Napili/Kahana/Honokowai   $549,000 Fee Simple MLS: 366474 This brilliant beachfront apartment in one of Maui’s most popular condominiums has it all: southwest exposure offering stunning views of sunsets, surf, & whales in season from both the living room AND bedroom; recent, custom renovation with new stainless appliances, granite counters, etc. (over $50,000 in upgrades); central AC; W/D; extra storage; with furnishings included, ready for your enjoyment as a great vacation rental, second home, or your personal home […]

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4435 Lower Honoapiilani #152,  Lahaina, Hawaii 96761

One of West Maui’s best priced 2 bedroom vacation rentals, this condo has it all–fully furnished and ready to go, with a fantastic rental history. Click Here To Schedule a Showing Tastefully remodeled with granite countertops, pendant lights, & stainless appliances in the kitchen; and tiled shower/spa tub, granite counter/designer sink, and stack washer/dryer in the bath. Perfectly located between the world class resorts of Kaanapali & Kapalua; adjacent to Kahana’s fine restaurants, banks & shops; and a 10 minute drive to historic Lahaina Town’s famous restaurants & harbor activities. […]

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Maui Real Estate Sales Stats for Feb 2016

It’s All About the Numbers See below for “The Numbers” for Maui County Real Estate Sales or call us with any questions that you may have. 808-870-8888   [pdf-embedder url=”http://barrybrownmaui.com/wp-content/uploads/2016/03/MLS-stats-2_16.pdf”]  

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5 Factors to Weigh When Deciding What Size House to Buy

When deciding what size house you and your family need, you need to evaluate a number of factors. Most people lean toward the larger homes, but it is important to weigh the pros and cons of each option. 1. What are my long-term needs? The first step is to determine how long you plan to live in your home. Then you need to evaluate your size needs over that time period. For instance, do you plan to live in the home for at least 10 years and have three children? Or […]

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239 Kamalei,  Kahului, HI 96732

Click Here To Schedule a Showing Wonderful, spacious custom home with 2892 sq. ft. of air conditioned living area, ALL ON ONE LEVEL, in the gated, sought-after The Islands Subdivision in Maui Lani–close to shopping, schools, hospital, the airport and harbor. You’ll be amazed by the beautiful gourmet kitchen with curved granite & Corian counters, open to the gracious living room–ideal for entertaining. Features include stainless appliances including Wolf gas range, Subzero side-by-side refrigerator, dual D/W, bar refrigerator, & ice maker; also, Jacuzzi/steam/sauna in the master bath, den, tile roof, […]

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Harvard: Why Owning A Home Makes Sense Financially

We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership in his paper –The Dream Lives On: the Future of Homeownership in America. Here are the five reasons, each followed by an excerpt from the study:  1.) Housing is typically the one leveraged investment available. “Few households are interested in borrowing money to buy […]

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What is a good down payment?

You’d be a homeowner right now if it weren’t for one thing: the down payment. Right? Even for those who have decent credit and make good money, the down payment is often the great homeownership killer. For many others, who do have enough money set aside to make a substantial down payment, the question is: how much? Conventional wisdom—not to mention most of the banks and a good portion of homebuying and financial experts—will tell you that 20 percent is the standard bearer when it comes to down payments. But […]

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Don’t Fight the Home Inspection

Question: We are selling our house and have just received an offer to purchase. The offer contains a contingency for the buyer to obtain a home inspection report. The buyer is asking for a general inspection contingency, but our real estate broker is advising us to use the specific inspection contingency. Can you explain the difference and give us some assistance? Answer: In my opinion, it is imperative for a homebuyer to obtain a home inspection after the contract for sale is signed by all parties. Buyers often purchase real […]

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