Life on the Pukalani Golf Course .

It has been about 6 years since I moved to my new home bordering the Pukalani Golf Course. The openness and beauty of the golf course manicured lawn was one of the deciding factors for me in the purchase of my current home. Since I moved on the golf course, my golf game as greatly improved, now I am able to participate in the yearly golf tournament sponsored by the Maui Board of Realtors without loosing all my balls by the end of the game . The owners of the golf course are kind enough and welcoming to people walking their dogs on a leash after Tee time hours as long as you have a trash bag to pick-up after your furry friends gifts.

Today You can also enjoy the convenience , proximity and the beauty of the Pukalani golf course, a new home has just been added for Sale to the Maui MLS , 2967 Aina Lani Drive, an Elegant Executive home on the Pukalani Golf Course in the prestigious neighborhood of Kulamalu.
 Your New home has 2,511 square feet of pure beauty and attention to details. This place you could soon call home will welcome you with a perfectly manicured landscaping and stamped concrete floor in the front entrance and a 3 car garage that is perfect to accommodate  a large family . The best part of the day for you will be when you step outside on your 700 square feet  covered Lanai and into your six person Hot tub privately tucked with views that seems to overflow to at least 2 acres of lush inviting golf course lawn .
 I chose Pukalani because of the convenience and closeness to town, and a few great amenities like the Olympic sized swimming pool just 5 minutes away .I  recently joined the Pukalani Masters Swim team and we meet  from 5:45 AM to 7:45 AM , Monday ,Wednesday , Fridays and Saturdays. To add to  the convenience of living in Pukalani , you are only  5 minutes away from  Foodland , Starbuck , Restaurants, Banks, Tennis courts and Hardware Stores.
Please consider calling us when looking to purchase or to know more about Pukalani Maui .
Your Maui Real Estate Team .
Reggie Audant R(B)   808 870 4015

What is the Difference Between a Short Sale and an REO or Bank Owned Property ?

 Maui and all over the mainland has seen a lot of foreclosures and even with this harsh environment the lower prices of these homes has attracted new buyers and seasoned investors alike to the Maui Real Estate Market.. 

As Realtors we keep our objectivity in making these deals available to you . 

The team of the Fine Island Properties at Keller Williams Maui is ready to help you navigate the Maui Real Estate Market.

There are,    56 Active Single Family Foreclosed Homes available(Maui REO) for sale on Maui.

There have been quite a few  foreclosed properties on Maui in 2010

187 Foreclosed Single Family Properties were SOLD on Maui on Maui last year totaling $75.5 Million  in sales. 

We have seen a decrease in the available foreclosed properties from 2009.

In the condominium data base there are  37 Available REO's Condos on Maui currently.

Last Year 176 REO condos Sold on Maui Totaling $37.4 Million in sales.

Short sales on Maui !
There are currently 74 Single Families Properties Available on Maui for sale as a short sale !

Last year (2010) 110 Properties Totaling $56.4 Million Sold as short sales on Maui.
Short Sales vs Foreclosure.
Sellers are Choosing Short Sales over Foreclosures for a Number of obvious reasons.
Credit score, credit history,security clearances,current employment,deficiency judgements are affected more by a Foreclosure than a Short Sale.

There are a few questions to ask yourself when buying a foreclosed condominium  Property.

Is it a good Value in relationship to the C.M.A (Comparative Market Analysis)  of the property.

Is the condominium Association in good financial standing ?

What are the maintenance Dues ?

Will they increase this year ? 

Are there any assessment projections for the condominium complex?

How many delinquencies of the maintenance dues are there within the complex ?

Foreclosure” is the process by which lender(s)/lien holder(s) take possession of a property as a result of the current owner’s failure to make mortgage payments over a certain period of time. Specific procedures render termination of mortgagor’s equitable right of redemption. This process could take years if contested, and not all states share the same laws and procedures regarding foreclosures.

“Short Sale” is the sale of real estate property for less than the current mortgage owed to the lender/lien holder, hence the term, selling it short. Short sales often occur when a hardship arises and the borrower cannot pay their mortgage loan. This process is NOT for the fainthearted nor lackadaisical, as the road is paved with a myriad of paper work, research, and negotiations. However, this is by far a more humane road for sellers to travel, and usually yields a quicker recovery on their credit report.
To answer these questions and your other concerns...
Contact Donna Marie Wilson at 808 344-0055 or Reggie Audant at  808 870 4015 and we will be happy to help you find the answers to these questions.
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