Hawaii foreclosures rank low on Foreclosures

Hawaii ranked No. 42 in the nation, as compared to the four highest states.

California (Properties with Foreclosure Filings): 64,683

Florida: 35,264

Arizona: 11,620

Nevada: 7,276 Is buying a foreclosure a good deal?

Compared to what? Compared to a market that is priced right and a knowledgeable Realtor who knows their inventory. There are many properties that have no balance owed that are for sale. Mom and Pops who can sell for less down size and move on for much less then a foreclosure.

 

Short sales can be good yet the work and time involved are going to vary.

I was told that all the inventory and amount of work on Hawaii short sales to date June 1st 2008 will take the rest of 2009 to finish and close. Thats not accounting for whats coming through from July to December 2008. It's just a matter of our economy and riding out the debt owed until it comes to a decent balance.

In this volatile Real Estate market it is important to understand the many facets of this changing market, appraisers begin to pen this (2013) market as a recovering Real Estate market, with the ability to increase the appraisal by .3/4 per month of last comparable sale. When choosing a Realtor/Broker keep in mind the many attributes that bring in expertise, short sales, foreclosures, REO’s and the continuing straight forward Multiple listing sales. I have experience in every market, in every condition.

Call me for advice in each and every area of today’s Real Estate market.

 

It is nice to be important, yet important to be nice.

Maui News Front Page Article

If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.

Jeffery B. Griffin Realtor® (Broker) e-Pro GRI

808-280-3442 cell

Kama'aina Properties Inc.

2008 Main Street

Wailuku, HI 96793

The sale information being made available to you through this blog is a courtesy only. No guarantees are being made as to its completeness or correctness and this information is subject to change at any time.

 

2 Comments on Hawaii foreclosures rank low

JUN
17
2008

Hawaii is still heaven on earth i just wish i had wings to get there. What will kill the Hawaiian market prices is the inability to get there reasonably. Gas at $140 a barrel checked air fare on the remaining airlines and could not find anything under $700 round trip. I am considering it but really wonder if the prices are going to down for summer. In the mean time we are watching the 6th Laker game, Go Lakers! Jill
7:43pm • #1
JUN
20
2008
597,029 Points 106 Featured Posts Localism Sponsor Outside Blog Hit Router

We are quite fortunate that our economy has held up, while other parts of the country have taken big hits.
11:22pm • #2


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Jeffery Griffin (R)

Wailuku, HI

More about me…

Kama'aina Properties Inc.

Address: 2008 Main Street, Maui, Wailuku, HI, 96793

Office Phone: (808) 244-4000

Cell Phone: (808) 280-3442

Email Me

"An Open Letter to the Ohana's on Maui" My heart goes out to each and everyone of us, as we struggle in these trying times. The information provided on this blog is courteous & only meant to inform you, your families, friends. Many of us have found ourself ousted with no where to turn to. In these turbulent times I'm often reminded to remain humble & pure, because any of us could be on the receiving end of a foreclosure, there are 100's maybe 1000's of attributes that bring us to a loss of homes. I'm here to help and inform, "please call me" and I promise to help you to the best of my ability. Owners, Industry folks, Renters, anyone who is affected by foreclosures, because in the long run we are all are in this together. Aloha Jeffery


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