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I know - the - LONG, If EVER Sale, also known as a short sale, does actually close. I decided to take on short sales pretty much exclusively, about a year ago, and it has been a long, hard, learning process - but it is paying off. I just checked the numbers on our MLS and Hawaii County has had 10 short sales close in the last 90 days. 6 of them were from our office, and I am happy to say that 5 of them were mine. Better yet almost all of them paid 6% commissions, My $800,000 sale was the exception - it only paid 5% .
Bottom line is - if you are looking to sell your home, whether it is in Foreclosure, or just a short sale - why not list it with someone that has a proven record, someone that delivers. I got to tell you also - its not all about the sale - of my 24 listings, 3 of my homeowners are now in the - MAKE HOME AFFORDABLE PROGRAM - put out by Obama, its funny because I always screen my clients to see if they have some sort of a chance at this program - and if they do - I always advise them to pursue that avenue first, I also encourage them to pursue it during the listing process - in fact 2 of them had offers in on there homes whe we were able to get them in the program - there is nothing like the moment, when someone saves their HOME - Priceless - and then they look devastated because they don't know what to do about me? I have offers, I have spent all this time, how are they going to pay me? I just turn around and give them a hug, they don't owe me anything, somehow I will get back - what I have put in - it always comes around full circle - maybe it will be helping their parents sell a home and get a condo - who knows - but it will come back.
One word of advice - NEVER PAY SOMEONE TO MODIFY YOUR LOAN - ITS EASY - AND YOU CAN DO IT YOURSELF - JUST CALL YOUR BANK - THEY HAVE GOVERNMENT MONEY THAT THEY WOULD LOVE TO HELP YOU WITH.
Ok - so I rambled a little off track - but here it is - the 10 short sales that closed in the last 90 days
| Copyright ©6/5/2009 by Hawaii Information Service |
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| Search criteria: Hotsheet from 3/7/2009 including status changes to S TMK Taxkey 3. MLS Restrictions on commission Shortsale. MLS Status Sold |
| MLS DATA |
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MLS # |
Tp |
St |
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DOM |
Taxkey |
Tnr |
Price |
Location |
Land area |
Details |
Listed by |
    |
215115 |
RS |
S |
219 |
3-1-6-53-71 |
FS |
$199,000 |
16-1206 Moho Rd |
3.00 ac |
1,056 3/2 |
Lance D Owens - R(S) / Aloha Kona Realty Incorporated |
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SOLD 4/29/2009 for $195,000 (FMHA) DOM 219 by Byron D Matthews - R(S) / The Hawaii Land Realty Corp |
    |
219115 |
T |
S |
49 |
3-7-5-21-7-67 |
FS |
$219,000 |
Alii Villas #223 |
|
635 #223 1/1 |
Lance D Owens - R(S) / Aloha Kona Realty Incorporated |
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SOLD 6/5/2009 for $195,000 (CASH) DOM 49 by Janet Wells Brown - R(S) CRS, ABR, e-PRO/ Clark Realty Corp. - Kona |
    |
218719 |
RC |
S |
59 |
3-7-6-25-35-2 |
FS |
$299,000 |
76-366 Kanaka St #35B |
5,115 sqft |
1,029 3/2 |
Lance D Owens - R(S) / Aloha Kona Realty Incorporated |
| |
SOLD 4/2/2009 for $290,000 (CNV) DOM 59 by James R Cotter - R(S) / Knutson & Associates |
    |
221552 |
T |
S |
16 |
3-7-6-25-55-1 |
FS |
$299,000 |
Kamani Trees #55A |
|
861 #55A 2/2 |
Rebecca M Morton - B / Windermere/C & H Properties - Kona |
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SOLD 5/29/2009 for $295,000 (FHA) DOM 16 by Ramona M Cannon - BIC / Century 21 Paradise International |
    |
216228 |
RS |
S |
227 |
3-6-8-32-70 |
FS |
$350,000 |
68-1711 Kamahao Pl |
12,184 sqft |
1,753 3/2 |
Henry C. Williams - R / Windermere/C & H Properties-Waimea |
| |
SOLD 6/3/2009 for $351,000 (CASH) DOM 227 by Al Knauf - R(S) / Clark Realty Corporation - The Shops at Mauna Lani |
    |
217820 |
RS |
S |
70 |
3-7-7-25-8 |
FS |
$359,000 |
77-6542 Hoolaupai St |
7,500 sqft |
1,092 3/2 |
Lance D Owens - R(S) / Aloha Kona Realty Incorporated |
| |
SOLD 4/20/2009 for $339,000 (CNV) DOM 70 by Brenda K. Kuessner - R(S) / Clark Realty Corporation - Keauhou |
    |
211516 |
RS |
S |
265 |
3-7-5-40-81 |
FS |
$575,000 |
75-110 Nakukui Pl |
33,541 sqft |
1,883 3/2.5 |
 |
Marissa Ashley - PB , / Action Team Realty, Inc. |
| |
Austin Ashley - RA , / Action Team Realty, Inc. |
|
| |
SOLD 5/29/2009 for $525,000 (CNV) DOM 265 by Lovette R Llantos - RA / MacArthur and Company Sotheby's International Realty, Kona |
    |
220903 |
RS |
S |
14 |
3-7-5-34-59 |
FS |
$645,000 |
Hualalai Colony Lot #:88 |
19,655 sqft |
2,120 3/2 |
Jeri Parker - RA ABR, CRS / Century 21 All Islands - Plaza |
| |
SOLD 3/31/2009 for $620,000 (CNV) DOM 14 by Christine Babian - R(S) / Golden Triangle Real Estate |
    |
215678 |
T |
S |
109 |
3-6-8-22-4-107 |
FS |
$875,000 |
Villages At Mauna Lani #512 |
|
2,174 #512 3/3.5 |
Lance D Owens - R(S) / Aloha Kona Realty Incorporated |
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SOLD 4/22/2009 for $800,000 (FHA) DOM 109 by James F. Allison - RA / Coldwell Banker Maryl Realty - At the Shops at Mauna Lani |
    |
222527 |
RS |
S |
39 |
3-7-5-12-84 |
FS |
$999,999 |
75-654 Nani Ohai Pl |
1.00 ac |
3,581 4/4.5 |
 |
James L. Louis - DR , / Aloha Kona Realty Incorporated |
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John M Sevick - RA , / Aloha Kona Realty Incorporated |
|
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SOLD 5/29/2009 for $800,000 (CASH) DOM 39 by John M Sevick - RA / Aloha Kona Realty Incorporated |
| This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. |
| Copyright ©6/5/2009 by Hawaii Information Service |
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Lance Owens
Kailua Kona,
HI
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Aloha Kona Realty Inc.
Cell Phone: (808) 936-8383
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