If it is your dream to own a home in Hawaii, Kauai Realty would be honored to assist you in making that dream come true. Kauai Realty has been helping families buy and build their dreams on Kauai for over 45 years. You will appreciate our exceptional service and working with professional Kauai realtors with many years of market experience and knowledge during this exciting time.
If this is your first time purchasing a home, below is a brief overview to familiarize yourself with the process of buying a Kauai home. If you haven’t done so already, take a look at all of Kauai’s real estate listings to begin your Kauai home search today. For more information on real estate in Kauai, Hawaii for sale, contact us today.
The Home Buying Decision
What Can I Afford to Buy?
- The loan application fee, which covers the appraisal and credit report
- The loan origination fee
- The loan points, which is typically around 2% of the loan amount
- The state mortgage recording fee
- The title insurance
- The first year prepaid homeowner’s insurance
- Prepaid Private Mortgage Insurance (PMI), if applicable
- Inspection fee, if applicable
- Interest from the date of closing till the end of the month
- Loan impound account funding for property tax and insurance
- Escrow fees
Choosing your Kauai Realtor
Once your budget is determined, it’s time to find a realtor. This is perhaps the most important step in finding the right house and having a smooth transaction. There are quite a few choices and this can be confusing. Remember, this is one of the largest investments you’ll make in your life, so it’s very important that you choose someone who is knowledgeable and that you feel comfortable working with.
Working with a competent real estate agent will save you endless amounts of time, money and frustration. Our team of Kauai realtors at Kauai Realty is ready to make your home buying experience rewarding, fun and hassle-free. Contact us today for an initial consultation.
Finding a Kauai Home
Negotiating an Offer
Congratulations! You have found your dream home and are ready to make a purchase. Your agent will prepare a comparable market analysis, which shows the homes that are currently for sale (the competition), homes that are currently being purchased (in escrow), and the most recent sales, to help you to determine a reasonable offer.
In addition to the price, there are a variety of terms to be addressed in structuring your transaction to best suit your interests, including developing provisions to allow for certain financing, incorporating any necessary contingencies, and setting reasonable time frames. We will guide you through this process.
Escrow and Title Research
Property Boundaries—Survey vs. Staking
The Final Walk-Through
Once all the funds have been submitted and the paper work completed, the conveyance documents are sent to the State of Hawaii Bureau of Conveyance for recording. Thereafter, you officially become the property’s new owner.
If you would like to explore buying a home on Kauai , contact the Kauai real estate experts at Kauai Realty today for more information on real estate in Kauai, Hawaii.
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