The Home Buyer wants to purchase a home using their VA Home Loan. There are others who want to use an FHA loan or perhaps a USDA loan for rural areas of Oahu. The Home Buyer has thought seriously if their personal situation will permit them to own their own home and they are ready! With Hawaii Home Prices and Interest rates still reasonable it IS a great time to buy.
But is it a jungle out there?
During the Housing Boom the Home Prices soared and interest rates were at an all time low there were multiple offers and everyone was fighting for a piece of that Own Their Own Home pie. The inventory of Mililani Homes and Condos are so much lower than a year, two ago that the home prices and sales numbers are starting to rise. Not a bunch...yet...but nonetheless still rising.
It's becoming a jungle out there?
With multiple offers on a great property with a reasonable price there are buyers coming out of the woodwork to get a piece of the dream home action. They are struggling to find a loan to best suit their needs and if they do obtain one they still face obstacles in our current market. Low Inventory, Multiple Offers, few homes in their Prices Range and not the area they really desire.
It's a jungle out there!
There is a strategy for Hawaii Home Buyers that may just barrel them through that jungle. A good loan/lender, a good Realtor® who will help you get that home you love, being realistic for the price range you are qualified for and in the areas that fit.
Only then, will it turn into the Oasis of your dreams.
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