News Flash - February 1st, 2009

The property developer of the Beach Villas at Ko Olina has announced that they will liquidate, sell at deep discount, clearance out, fire sale, what ever you wish to call it, all remaining villas at the Ko Olina Beach Resort at a final sales event on June 6th & 7th.

Rather than sell a few units each month, Centex Corporate has decided that their Centex Destination Properties division is to sell off all remaining units at low enough prices to move 100% of their remaining villas.

The discounts will be significant, the minimum original price point was around $1,800,000.00 at the start of sales. Now the estimated starting price point will be around $600,000.00 or so. Units that have previously sold for $2,000,000.00 with really amazing views will be had for much less.

The only question is going to be, will there be any villas left when it becomes your turn to pick.

Email us your contact information or give us a call at (808) 646-0046. we will follow up with you to discuss your specific situation.

Make your best and most strategic selection:

When considering a purchase here, you’ll want to select right, pay the right amount and know all of the pro’s and con’s of home ownership at the Beach Villas before buying your dream home.

Make an informed decision:

You need an unbiased and objective third party opinion that isn’t coming from the developers sales staff. (While the sales staff are very nice to work with, their #1 job is to sell units.)

You also need someone who is: On the inside as homeowner who knows how it really is, also someone who understands the local real estate market and also someone who has a successful track record of renting the Beach Villas at Ko Olina to guests with solid historical data.

I am a homeowner here at the Beach Villas and own multiple units. I am also a licensed real estate agent in the State of Hawaii and I manage our rental properties here at the Ko Olina Beach Resort. So I have all of the bases covered, home ownership, experience with real estate at the Beach Villas and rental cash flows.

The Process:
Reservations will be accepted on a first come, first serve priority basis via a fully refundable $50,000.00 reservation fee to be placed in escrow. Right now it is early on in the program so you have a good opportunity to be higher up on the list with a greater chance that one of your villa choices will be available.

On the day of the event, your selection time will be based upon when your reservation deposit was received at the escrow company. Beach Villa homeowners have the opportunity to select first. For additional information, escrow and signup forms or anything else related to this event, please call Alfred Harding at (808) 646-0046 or click the email link below. Good Luck!

--

Please allow me to represent you as your buyers agent on selection day. There is no cost to you and your purchase price is exactly the same. What you select and how much you pay will make a big difference in your profitability; both from an appreciation standpoint and if renting, covering expenses. Afterwards, we can also work together to "get heads in beds".

(All of the thoughts expressed in this blog are my own personal opinion, they are no guarantee that you will achieve similar results, it's just me sharing my own experiences and what has happened in my own situation. I cannot know what will happen in the future.)