What is a Short Sale?

In a Short Sale, a Financially insolvent homeowner who is facing foreclosure sells his home for less than the value of his loan. The lender accepts the sale as payment in full for the loan.

With Today's Market and ever changing Interests Rates, many Home Owners who purchased Real Estate a few years ago with a variable rate mortgages,(ARM's) Zero Down loans, or even sub prime loans are realizing that those interests rates are resetting and some are actually doubling, even tripling your original monthly Mortgage Payments, making it very difficult to keep up with the payments. Maybe a devastating event in the home owner's life, loss of job, or a divorce can have a serious financial repercussions, making the monthly loan payment an insurmountable financial issue.
In Today's Maui market, many areas and communities have also dramatically dropped in value, and currently are worth over $100,000 less now than when they were originally purchased making refinancing not an option.

Here's a secret: Lenders are in the Business of LENDING not owning, so they do not want to foreclose on a property. It costs them more time & money and are require to keep a reserve of funds which is money they can not loan out. Foreclosures cost Lenders up to $40K and up in costs, fees and taxes.

I am a trained Expert at negotiating with Lenders and getting them to agree to sell your Home at a prices less than whats currently owed. This option is highly recommended than going through a complete Foreclosure or Bankruptcy which could damage your credit rating score for up to 10 years.

Contact me Today and find out how I can help save you from a very difficult financial situation.

Available anytime, always here for you,

Hector M. Yepis R(S)
Short Sale Expert
South Maui Real Estate Consultant
Keller Williams Realty Maui
(808)250-6396 Direct
Info@ShortSalesMaui.com

Welcome to MAUI SUNSET Condominiums.

This beautifully manicured, well maintained complex is located on 1032 S.Kihei Road, in Kihei on the island of MAUI. This property is situated on over 5 1/2 acres of Ocean front property. There are 225 FEE SIMPLE Apartments in two 5-story buildings. This complex was constructed using concrete block in 1975, with condominiums ranging in size from one, two and three bedrooms. All units include two bathrooms, full kitchen, washer/dryer and air conditioners. The interior living areas range from 681 sq/ft. to 1392 sq/ft. plus lanais(Patios) ranging from 112 sq/ft. to 256 sq/ft.

Amenities include Pool, Jacuzzi, Sauna, BBQ areas, Recreation area, Tennis courts, excercise room, garage, bicycle parking, all within steps from the beach. This complex is centrally located near buinesses, stores, post office, banks, schools, churches, golf courses, minutes to the Airport and downtown Kahului. Most units have Ocean views.

Maui Sunset Condominiums are very nice Ocean front location that offers many enjoyable features when you visit or live here on Maui. You can do long term rentals(30 days or more) or short term rentals(By the day) here at this complex which make it a very popular investment opportunity.

Originally these units Sold between $57,500 and $113K. Currently(JAN 2008), Units are listed for sale between $429K - $495K.(Only 3 available at time this was written, all of the 1 bedroom, 2 bath).

Your SOUTH MAUI REAL ESTATE CONSULTANT!                            

Hector M. Yepis R(S)

Real Estate Consultant

(808)250-6396

http://www.LivePlayMaui.com/

Keller Williams Realty Maui

1819 S. Kihei Road, Suite D-110

Kihei MAUI HI 96753

(Each Office Independently Owned & Operated)

Welcome to KIHEI VILLAGES CONDOMINIUMS,

Kihei Villages is located in North Kihei on the beautiful Island of Maui. Kihei Villages was built in 1989 and nicely designed on 24 acres of land with 532 FEE SIMPLE apartments in sixty 2 story buildings. Located off the Piilani highway once you enter Kihei Town, this family community is made up of 480-2 bedroom 1.5 Baths, and 52-2 bedroom 2 bath units. The complex is within one block from some of Maui's longest white sand beaches, parks, and minutes from shops, businesses, post office, restaurants, schools, Kalama Outdoor market and Kihei Canoe club. Some of the properties amenities include On-site Manager, almost 800 parking spaces, pets allowed, long term rentals only, a recreation area, children's play ground, and cable paid by AOAO. Original features included carpet, individual washer/dryers, water heater, range/oven,refrigerator and dishwasher. Originally these Units sold starting at $70,500K. Currently(DEC 2007) Condos are listed for sale between $246K - $370K. These Condos are excellant for First Time Buyers looking to stop paying rent and live their dream of home ownership on Maui.

If you or someone you know would like more information about this or any other property on Maui, please give me a call and I will be happy to assist you.

Please Call me!                              

Hector M. Yepis R(S)

Real Estate Consultant

(808)250-6396

http://www.LivePlayMaui.com/

Keller Williams Realty Maui

1819 S. Kihei Road, Suite D-110

Kihei MAUI HI 96753

(Each Office Independently Owned & Operated)

Welcome to KAI ANI VILLAGES,

KAI ANI VILLAGES is one of Kihei's Newest Contemporary Living Community, located in South Maui, Hawaii. Kai Ani Villages in situated on South Kihei Road and Lipoa St. in the heart of Kihei Town. This collection of 20 Live/work residences and 79 home style condos, offered in seven distinctive open-style floor plans, is designed to give the true village setting incorporating multiple free standing buildings, manicured greenbelts, winding pathways and family enticing amenities. Combined with fluent tropical landscaping, dramatic color and natural surroundings, Kai Ani Village neighborhood is but one small jewel in this lush, verdant isle of Maui.

Its convenient location to Shopping, schools, churches, businesses, banks, restaurants, minutes from 6 golf courses and only a block from the beach make this one of the most highly anticipated properties on Maui. Kai Ani Villages is located on almost 6.5 acres with floor plans from 2 - 3 bedrooms units, 2 car garages with choices of 1st, 2nd or 3rd stories available, some include lofts. Large living areas range from 886 sq. ft to 1901 sq ft plans.(All square footages are approximate) Standards of quality in the kitchens include Stainless steel sink, granite counter tops, whirlpool Oven, Dishwasher and microwave, maple cabinets, ceramic tile floors and much more. Common areas include a community Saltwater Infinity pool and Spa with recreation area and spacious poolside deck, separate community restrooms, BBQ, poolside cabanas, relaxing Hammocks, Tropical landscaping and visitor parking. Kai Ani Villages will be anticipated for Owner move in approximately the end of 2008, beginning of 2009. Currently,(DEC 2007)Full Ownership Offerings are Listed from $500K to $900K, Fractional Offerings range from $219,900K - $439,900K. Prices subject to change without notice. Take advantage of pre-Construction pricing and contact me to reserve your unit TODAY!

If you or someone you know would like more information about this or any other property on Maui, please give me a call and I will be happy to assist you.

Please Call me!

Hector M. Yepis R(S)

Real Estate Consultant

(808)250-6396

http://www.LivePlayMaui.com/

Keller Williams Realty Maui

1819 S. Kihei Road, Suite D-110

Kihei MAUI HI 96753

(Each Office Independently Owned & Operated)

Floor plans renderings are the Artist's conception and do not depict actual finished buildings and project. Builder reserves the right to make any changes as necessary to complete project.

During one of our weekly training sessions, the subject of commissions came up and someone asked, "How do you get the Sellers to agree to pay Full Commissions?" As we all know, there are no set commission rates when selling Real Estate.  This was one solution our Team Leader, Bill Kilpatrick suggested when it comes to negotiating commissions.

He goes on to say, When you go to your Listing Presentation, have with you 7-One Dollar bills. Put 6 of them in your pants pocket, and one of them in your shirt pocket. When you are sitting at the table, and you start talking about commissions and the Seller is trying to get you to agree to Discount your commissions, you pull out your 6-One dollar bills from your pants pocket and place them flat on the table next to each other. When your Seller is done talking, Ask them how motivated are they to get their home Sold? Listen to the answer. Respond something like this.(This does not have to be verbatim, but similar)

"Mr. Seller, Do you know that in todays market, there is an abundance of inventory on the market. That every Listing out there similar to your property is your direct competition, and every week there will be more Listings coming onto the market, which will be additional competition. So we need to aggressively price your Listing to show value first then price. Do you want your property to be used as a comparison to Sell your neighbors house, or visa versa?" The answer most likely than not will be the Seller wants the other listings to be used to Buy HIS property.

Continuing, "Even though Realtors are not supposed to choose and pick what listing they will show their prospective clients, there are Realtors out there that when there are 2 exact properties on the market with the exact same features, but one is offering a 2% commission and the other is offering a 3% commission, which property do you think that Realtor will pull up and show his Client?  We ALL know that this is not what Realtors are suppose to do, but believe me it happens. "So if we list your property for less than 3%, you can expect your property to be on the market longer. Do you really want to keep your home clean for 60, 90 days or longer, for all those Open House I will be doing and having all those people come through, just to buy your neighbors house who is offering 3%?"

We have stats that prove that theory. Listings that offer 3% commission sell FASTER than listing with a lower commission!

So hear me out. "Now look at these 6 dollar bills, each represent 1% commission in the sale of your Home". Tell your Seller "As Realtors, we typically split the commissions 50-50 when the transaction is complete with the Buyer's AGENT." The Realtor goes on, "now from what I understand from you is that you are a motivated Seller, correct?" So, we want to make sure ALL the REALTORS who are looking at our listing can see that you are motivated because we priced it aggressively to the market and we will be offering a Full 3% cooperating commission to the BUYERS Agent, guaranteeing us that your Listing WILL be shown by every Agent out there."

At that time, take 3-One dollar bills and put them to the side, and say"This is for the BUYERS AGENTS commission". Now you see we have 3 dollars left. Tell your Seller "This is what my share of the commission will be left, 3%".(point to the 3 dollar bills).

Now pick up one of the dollar bills and say, as your Realtor, I am going to need to advertise your listing, put it in the newspapers, magizine ads, make flyer's & brochures for the property to pass out, and I will send send postcards announcing your home for sale to the neighborhood and any other clients I have in my data base,etc. (Use whatever marketing strategy you have) So this one dollar bill represents my advertising budget that I will do to promote your property. Now you have 2 dollars left.

Now pick up another dollar and tell them, since I am a affiliated Realtor with a Real Estate Company, I must give a portion of my commission to my Real Estate Company, remove the 2nd dollar bill. This goes to my Real Estate Company, Broker.

Now say to your Seller, "Now this is what I get for the sale of your property. I will be taking care of the whole transaction for you by Listing, marketing and negotiating the sale of your property. I will screen the BUYERS, Hold Open Houses and keep you informed throughout the entire process. This is also what I get to take home to feed my 2 kids and pay my mortgage, etc. Now remove the last one dollar bill.

Turn to the Seller and now ask, "so you have asked me to take a reduction in my commission? Turn to your Seller and look at them in the eyes and say "What do you don't want me to do?"

That is a very good visual which works all the time.

Now, I go on to say, "now if you are really motivated Mr. Seller and want to guarantee that your home will be the first one SOLD in this market, (Pull out the dollar bill from your shirt pocket) "I would really sweeten the pot" and take that dollar bill and put it on the BUYERS AGENTS commission. You can always tell them that you will agree to take a reduced commission if you bring in the BUYER yourself, that will make the Seller Happy.

This was hard to explain in the written format, but I hope you get the idea of what I was trying to get across. Good luck and go out there and get them 6% or better yet, 7% Listings!

Welcome to MAUI GARDENS CONDOMINIUMS,

MAUI GARDENS is located in the heart of Kihei Maui on 1450 South Kihei Road. This beautiful quiet, serene complex consists of 90(ninety)FEE SIMPLE apartments in Seven 2-story buildings. This complex was originally built in 1990. This is a very popular long term only residence here in Kihei. There is an on-site Manager, pets allowed with approval, and common features include carpet, window treatments, washer/dryers, range/oven, refrigerators and dishwashers. It is in a very tropical setting on 4 acres of land, just a few blocks from the beach. Some of the special amenities within the complex include: In ground pool, hot tub, BBQ area, Tennis court, and Central Air Conditioning. This is a great location in Kihei, only a few minutes away from stores, businesses, restaurants, churches, school, Post Office and more.  Originally, Condos "Sold" in this complex from $167K - $235K. Currently, (DEC. 2007) Units are listed for sale starting at $259K - $399K. If you or someone you know would like more information about this or any other property on Maui, please give me a call and I will be happy to assist you.

For ALL your Real Estate Needs in KIHEI, MAUI Hawaii.

Please Call me!

Hector M. Yepis R(S)

Real Estate Consultant

(808)250-6396

http://www.LivePlayMaui.com/

Keller Williams Realty Maui

1819 S. Kihei Road, Suite D-110

Kihei MAUI HI 96753

(Each Office Independently Owned & Operated)

 Welcome to KIHEI GARDEN ESTATES,

KIHEI GARDEN ESTATES is located in the heart of Kihei town, behind Star Market on MAUI HAWAII. The address for KIHEI GARDEN ESTATES is 1299 Uluniu road, off s. Kihei Road & Lipoa St. This condominium complex consists of 84(Eighty-four) FEE SIMPLE condos in eight 2-story buildings situated on over 3.25 acres of land. It was originally built in 1979, wood construction, and located 1/2 block from the ocean. This complex has 1 & 2 bedrooms, some with lofts available. Some of the special features of this complex is an in-ground pool, jacuzzi, BBQ areas, Recreation area, and air conditioning. This complex allows for long term and vacation rentals. This is a well maintained, tropical setting, quiet complex close to ALL. You are within walking distance to shopping, businesses, Banks, Post Office, restaurants, churches, schools and more. This also is very popular for Vacation renters. This property has an on-site property manager and allows pets. These units originally "SOLD" between $44K - $59K. Currently,(DEC. 2007)these units are Listed between $339K - $480K. If you or someone you know would like more information about this or any other property on Maui, please give me a call and I will be happy to assist you.

For ALL your Real Estate Needs in KIHEI, MAUI Hawaii.

Please Call me!

Hector M. Yepis R(S)

Real Estate Consultant

(808)250-6396

http://www.LivePlayMaui.com/

Keller Williams Realty Maui

1819 S. Kihei Road, Suite D-110

Kihei MAUI HI 96753

(Each Office independently Owned and Operated)

Welcome to KIHEI BAY SURF CONDOMINIUMS,

KIHEI BAY SURF condominiums is located on 715 South Kihei Road on MAUI, HAWAII. This condominium development is made up of 7 two-story buildings with 118 Studio apartments, built in 1979. They are a FEE SIMPLE property and have a resident manager and community laundry facility. Each Studio has a total living area of 445 sq. ft plus 78 sq. ft. lanai.(Patio) This complex ALLOWS long term and short term vacation rentals. I have personally "SOLD" 3 units within this complex and I think this complex is great for First Time Owners or Real Estate Investors looking to have a vacation rental property on Maui. The main reason is because they are usually the lowest price Fee Simple vacation rental approved condominiums available in Kihei, they are located right across the street from the beach, a park, the whale sanctuary, and the only ancient fish pond on this south side of Maui, and because the maintenance fees INCLUDE ELECTRICITY. They make great vacation rentals because it is centrally located, close to all, have a nice in-ground pool and one of the largest Jacuzzis on Maui in a condominiums complex. Also, there is a Tennis court and bbq's for the residents and visitors. It has a very nice tropical setting and well maintained. These unit were originally "SOLD" for $43K - $46K. Currently,(DEC 2007) units are listed for sale from $208K - $345K. If you or someone you know would like more information about this or any other property on Maui, please give me a call and I will be happy to assist you.

For ALL your Real Estate Needs in KIHEI, MAUI Hawaii.

Please Call me!

Hector M. Yepis R(S)

Real Estate Consultant

(808)250-6396

http://www.LivePlayMaui.com/

Keller Williams Realty Maui

1819 S. Kihei Road, Suite D-110

Kihei MAUI HI 96753

(Each Office Independently Owned & Operated)

Welcome to KAI MAKANI BEACH VILLAS,

KAI MAKANI BEACH VILLAS is one of North Kihei's newest Affordable housing community with 112 distinctive homes with a choice of 5 different floor plans situated across the street from some of Maui's longest stretches of white sand beaches. It has 2 & 3 bedroom units with floor sizes ranging from 811 to 1238 square feet plus lanai!

The Architecture & designs are distinctively Hawaiian with richly detailed stucco exteriors. Complex amenities include pool, spa, clubhouse, exercise room and BBQ areas. The interior details feature central air conditioning, ceiling fans, European kitchens, granite counter tops and designer coordinated carpet and tile. Each unit has its own storage space. Its central location still makes it close to stores, businesses, schools and churches. Take long walks on white sandy beaches and watch beautiful sunsets just steps to the ocean.

Currently(DEC 2007) KAI MAKANI BEACH VILLAS are listed for sale between $470K - $800K. If you or someone you know would like more information about this or any other property on Maui, please give me a call and I will be happy to assist you. There still are some UNITS available.

For ALL your Real Estate Needs in KIHEI, MAUI Hawaii.

Please Call me!

Hector M. Yepis R(S)

Real Estate Consultant

(808)250-6396

http://www.LivePlayMaui.com/

Keller Williams Realty Maui

1819 S. Kihei Road, Suite D-110

Kihei MAUI HI 96753

(Each Office Independently Owned & Operated)