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Tips for Buying a Home in Hawaii
Tips for Buying a Home in Hawaii Who wouldn’t want to live in paradise? Moving to Hawaii is a dream for many people from the U.S. mainland, but it’s no secret that it’s a pricey place to live. If you’re thinking about taking the plunge and buying a home in Hawaii or are lucky enough to already live here and are looking for a new home, the first step you should take is choosing an experienced local real estate agent who is knowledgeable about neighborhoods, the latest market trends and area attractions.
In addition to low inventory, Hawaii’s housing market also has some unique variables when it comes to home buying. Here are a few factors to consider.
Fee Simple versus Leasehold. There are two types of home ownership in Hawaii – Fee Simple or Leasehold. Fee Simple is complete ownership of the property, including the land. For Leasehold properties, you own the structure or unit, but someone else owns the land and you pay a month lease rent to the landowner.
Prices vary widely depending on location. Location and view have a big impact on the price of properties. If you’re considering a high-rise condo, think about whether an oceanfront building facing ... more

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