I just closed on this property for $670,000. It's a CPR (condominium property regime), single family home. The complex is called Heights at Wailuna which is located in Aiea. A lovely 4 bedroom, 3 bath property with interior square footage of 1669 sqaure feet. The sellers agent was a broker of her own company: Happy Homes Hawaii.
Featuring the largest floor plan at the Heights, this lovely home has vaulted ceilings, oak floors, stainless steel appliances (gas range!), air conditioning, custom window coverings, new window glass, fresh exterior paint, newer roof, sprinklers, security, and Direct TV! Enjoy this peaceful neighborhood, and amenities including two swimming pools, hot tubs, tennis and A GREAT LOCATION!
The lovely couple I had been searching for and sold to was preparing for the husband to deploy for a year. He wanted to make sure that his wife and toddler were safe, and settled into their new home before his departure in June. So the heat was on to land a property before March/April at the latest knowing that the escrow process would take 45-60 days.
Right now the market on Oahu is so HOTTT!!! There are a slew of buyers out there searching for a home with extremely low inventory of properties to choose from. We were very fortunate with this property because it was in escrow with another party, and it came back on the market between Christmas and New Years. As soon as it popped back up into the system, I called my clients to preview this property that same day. We wrote the offer that day and went into escrow before we could breathe.
This is how aggressive you need to be in this type of competitive sellers market. I made sure that my clients were already pre approved, and also emotionally ready for the rollercoaster of a process they were about to enter into with an open mind. We were super lucky to have found such a beautiful home escpecially for their budget. They are now happy campers moving in!
If you are a buyer, before you start searching for properties...prepare yourself for the following: You need to get pre approved with a reputable lender and have a seasoned realtor that will work hard for you.