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Aloha ,
Market Update
Freddie Mac recently announced that they are making a new streamline loan modification program for delinquent borrowers available now.
This program is for borrowers that are 90 days late on their loan and the loan must be at least a year old. Also, the borrower can't be more than 720 days late. It will waive any document requirements for borrowers to receive the loan modification and it becomes permanent once you make your first 3 payments on-time.
If you need help, please contact your mortgage service provider directly.
Have a wonderful week.
Mahalo Nui Loa,
Melissa for The Smith Team
P.S. - Several weeks ago I mentioned that I was trying to do a loan modification with Bank of America to do an interest rate reduction. They have a special interest rate reduction program as part of the Department of Justice and State Attorneys General National Mortgage Settlement with major mortgage servicers, including Bank of America. I always paid my loan on-time and I recently got approved for a no-cost loan modification program to bring my interest rate down from 6.875% to 4.25%.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
Market Watch for May 13th , 2013
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Active
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Pending
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Sold
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Change
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Homes
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462 (279)
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280 (41)
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941 (129)
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-11
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Condos
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671 (171)
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321 (26)
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1235 (114)
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-13 |
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Land
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376 (105)
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36 (5)
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184 (24)
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+1
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Total
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1509 (555)
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647 (72)
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2350 (265)
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-23
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1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of active listings from the previous week.
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Homes Over $1M
35 Puu Hale Street
Ka'anapali
$1.2745M (FS)
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Rare one-level home, is surrounded by tropical landscaping in a fenced private oasis with views of the tiled pool and manicured gardens from every room. The full renovation, completed in 2009, includes redesigning and enlarging the home, installing materials of the highest quality, gorgeous cherry wood flooring, and touches by Designer Shelby Hansen, and a brand new roof. The home is green with solar, and efficient air conditioning.
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3610 L. Kula Road
Kula
$1.895M (FS)
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This classic custom Lower Kula home boasts coast to coast, ocean, central valley & West Maui Mountain views. Gated & private. Exceptional quality & architectural details, meticulously maintained, Impeccable Setting, and fabulous climate. As you enter the barrel vaulted foyer you cannot help but focus on the painterly views. Honed travertine floors, elegant wall sconces, a formal dining room, custom maple built-ins & wet bar with soft close custom kitchen cabinets; all accented with elegant 'Ubatuba' granite.
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Homes Under $1M
248 Nakila Place
Wailuku
$250K (FS)
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Updated home in Wailuku Town. Marble kitchen & baths, laminate wood floors, new appliances, new hot water heater and washer. Owner may consider financing.
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960 Lahui Street
Haiku
$324.9K (FS)
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Bank Owned. TMK records represent structure as a 2 bedroom unit however there are 3 bedrooms on site. The home also appears to have undergone extensive renovations at some time in the past. Per former owners, a new roof was installed.
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421 Puolo Street
Kahului
$335K (FS)
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Short Sale. Well maintained 3 Bedroom home. Extension behind carport built without a permit and was not completed.
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210 Pico Tract
Haiku
$529K (FS)
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Check out this great extended family cedar home or reap the benefits of rental income. This little gem has been recently termite tented, painted inside and out and freshened up with new carpet. Cedar open beam ceiling give it a spacious feeling.
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38 Kamakoi Place
Kihei
$529.9K (FS)
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Bank Owned. This single story home offers a creative floor plan, fence yard and some renovations by previous owner.
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206 Kawehi Place
Kula
$900K (FS)
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Estate Sale. Absolutely charming Upcountry Kama'aina home on 1.79 acres with a "park-like" setting. This 1936 main home was restored to that time period & to perfection. No detail was left unturned in this gorgeous estate. From the moment you enter the property you feel the serenity of stillness.
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Vacation Condos Over $1M
Makena Surf B-206
Makena
$2.285M (FS)
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Panoramic ocean views. The "B" building sits behind the sandy beach, and commands the highest rental income. This low density complex has two sets of tennis courts, two pools and spas, an herb garden, and offers a tranquil setting away from the more active Wailea hotel strip.
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Vacation Condos Under $1M
Paki Maui #420
Honokowai
$245K (FS)
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Remodeled in 2009 one bedroom one bath condo on the 4th floor garden side of Paki Maui. The condo is tastefully remodeled with granite counters, cherry cabinets, new appliances, new bath with tile shower and tile floors. The living area opens out to the lush garden courtyard and gets lots of natural light. The lanai is also tiled. The bedroom has French doors which gives a spacious feeling to the room.
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Sugar Beach Resort #205
Kihei
$355K (FS)
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Partial ocean views, well kept unit in exceptional complex.
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Honua Kai Konea #210
Ka'anapali
$675K (FS)
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Top of the line finishes, granite counter-tops, Bosch appliances, and a great open floor plan with spacious lanai for outdoor living are just some of the reasons Honua Kai-Konea 210 so desirable.
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Grand Champions #123
Wailea
$699K (FS)
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Very spacious 3 bedroom Wailea vacation rental. Complex borders the Wailea Blue Golf course and has two pools. Newly painted for that fresh designer look. Short walk to Shops at Wailea, restaurants and beautiful beaches.
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Residential Condos
Hoolea Terrace #2305
Wailuku
$235K (FS)
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Brand new condos on the slopes of the West Maui Mountains. All units have 9-foot ceilings, Kenmore kitchen appliances and an interior laundry closet. All units have 2 assigned parking stalls. This is an upstairs unit with mountain views.
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Haleakala Gardens 19F
Kihei
$259K (FS)
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This top floor 3 bed-2 bath provides plenty of room in the large living-dining area for family and friends to gather. Walk to beach across street for kite/wind surfing, kayaking, paddle boarding or relaxing.
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Vacant Land
747 Anapuni Loop
Ka'anapali
$349K (FS)
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Short Sale. 747 Anapuni Loop (Lanikeha Phase II Lot#3) is the top value for a custom home site in all of West Maui.
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