Archive for the ‘Real Estate Terminology’ Category
- Canadian / English (Hawaiian) Real Estate Glossary
With relative strength of the Canadian economy and the Loonie, we continue to enjoy working with a substantial number of [...]
- The New Hawaii Purchase Contract and its impact on Buyers and Sellers
The new Hawaii Association of Realtors purchase contract that goes into effect on May 1, 2012 is dramatically different than [...]
- Assessed Value versus Appraised Value versus Market Value
(NOTE: This turned into a longer blog post than originally intended…and could have been longer. It is a complex subject, [...]
- New Real Estate Terminology?
The housing crisis and economy have introduced quite a few new “words” and terms to the English language. Yet another [...]
- Bureau of Conveyances Changes
The Hawaii Bureau of Conveyances is the state body that records all real estate transactions. Like many states, Hawaii is [...]
- Maui Short Sales
I have been using the term short sale regularly on our blog as this type of listing increases in frequency. [...]
- As Is
I read a good article today on “As Is” addenda and real estate contracts on the Inman News Network. The [...]
- Special Assessments
I have recently shown both land and condominiums that were subject to special assessments. Realizing that not everyone is familiar [...]
- Maui Fractional Ownership
Fractional Ownership is a term that you will begin to hear more frequently on Maui. While it is being heralded [...]
- Pending and Contingent
Pending and Contingent are the two terms used to describe properties that are in escrow or under contract. The majority [...]
- Escrow
Escrow is defined in Wikipedia as legal arrangement in which an asset is delivered to a third party (called an [...]
- Fee Available
I was looking at condo listings today when I came across a term worth discussing in the Blog. When purchasing [...]
- Kama’aina
If you are a mainland resident who has not spent a lot of time in Hawaii, you may not always [...]
- ‘Ohana
‘Ohana is a Hawaiian word that translates to family. It includes both blood relations and extended families. From a real [...]
- HARPTA and FIRPTA
Additional HARPTA document link added at the bottom of this post on January 7, 2011. After a few surf posts [...]
- Title Insurance
Title Insurance is an insurance policy for lenders and home owners that protects against any sort of loss that may [...]
- Condominium Homes
With five of our listings classified as residential condominiums, we wanted to make sure everyone understood what exactly this term [...]
- Condo Maintenance Fees
Condo maintenance fees are set by the Board of Directors who is elected by a majority of the condo owners. [...]
- Molokai
When looking at current vacant land listings, you will notice that a number of the least expensive parcels available are [...]
- Maui Residential Condos
When you are looking through the listings for Maui Homes for Sale, you may see a couple of listings that [...]
- Hawaii Leasehold Property
Today, we are launching a new category to the blog called real estate terminology. Maui and Hawaii in general has [...]