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| Issue 353 | December, 8th, 2009 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
Jeffrey Long Custom Home |
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Market Update
Have a wonderful week. On November 30, 2009, U.S. Department of the Treasury announced the Home Affordable Foreclosure Alternatives Program (HAFA), which provides financial alternatives to servicers, borrowers, and investors for a closed short sale or a deed-in-lieu of foreclosure (DIL). HAFA encourages foreclosure alternatives to costly and expensive foreclosures.
For more information about HAFA, read the Supplemental Directive using the link above or find this and other Making Home Affordable information at HMPadmin.com. If you are in a situation or know someone that is upside down on their loan, and needs to sell, this is welcome news. We have a lot of experience dealing with Short Sales, so please allow us to help you or your friends. Have a wonderful week!
Mahalo Nui Loa,
The Smith Team
P.S. The big news on Maui over the last two days has been the monster surf going off on the North Shore. Read more about the 50 foot plus waves hitting today at Jaws.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for December, 7th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 886 (375) | 220 (24) | 650 (93) | NC |
| Condos | 1376 (243) | 196 (9) | 781 (147) | -13 |
| Land | 559 (177) | 43 (8) | 103 (29) | -1 |
| Total | 2821 (795) | 459 (41) | 1534 (269) | -14 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Boasting sweeping ocean views of Maui’s North Shore & offering overtures of sunsets over the majestic West Maui Mtns. this verdant 2 acre Haiku estate is a must see experience. |
 635 Laie Drive Makawao $260K (FS) |
Short Sale. Perfect for a first time homeowner. This cute & charming home has already been partially upgraded.
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 37 Kamakoa Loop Wailuku $557.9K (FS) |
Bank Owned. Brand new custom 3 bd. 3 bath home located by the golf course with nice ocean views in the gated community of Sandhill Estates.
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Bank Owned. Brand spanking new. Never lived in. Mountain and ocean views. Oversized 12,800 sf. lot. Main house and "Ohana" has all news appliances. Living area of 2,464 sf. includes both main and ohana space. |
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 2850 Omaopio Road Kula $850K (FS) |
Short Sale. One of the best pieces of Upcountry property at 1,400 ft. elevation. A beautiful estate with Hawaiian Koa wood cabinets and floors throughout, private tennis court, huge 2,400 sq. ft. warehouse, organic garden, all overlooking bi-coastal ocean and mountain views.
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Ho'olei T-6
Wailea
$1.75M (FS) |
Ho'olei offers a unique fusion of tropical beauty and luxury lifestyle awaiting you in the heart of Maui's most sought after resort area, Wailea. |
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 Kapalua Ironwoods $14 Kapalua $2.777M (FS) |
Quite possibly the best beachfront location of any condominium within Kapalua Resort. This top floor 2 bedroom unit with study in Building 1 sits just a stones throw away from the sandy beach of Oneloa Bay with panoramic ocean views. |
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Bank Owned. This complex gives the feel of old Hawaii. Totally redone in 2005 with 2 pools - 1 a large saline lap pool. Custom designed carpet, granite top, natural stone/tile showers interior waiting for your own taste in furnishings. |
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Don't miss this 11th floor 1 bd. Whaler, offering all the best Maui has to offer. Along with the beautiful white sands of Ka'anapali Beach, the excitement of the Ka'anapali Beach Resort, and the current revitalization of the Whalers courtyard and pool areas. |
 Haleakala Gardens 19A Kihei $174K (FS) |
Bank Owned. Quiet location at the back of the building. This 3 bedroom, 2 bath unit has a nice grassy are off your front door, plus stoage. |
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 Kihei Shores E-202 Kihei $185K (FS) |
Bank Owned. Remodeled 2nd floor 3 bd. 2 bath unit is located near the complexes swimming pool and jacuzzi. Needs only minor TLC. |
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 Iao Gardens #206 Wailuku $199K (FS) |
Short Sale. Leave your car downstairs in the covered parking area and walk to work in downtown Wailuku, walk to the farmer’s market on Friday, to great little restaurants, the library, the courthouse, the State and County buildings and so much more. |
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This email was sent to |
The Smith Team - http://mauisales.com |