Greg'sWave Newsletter Inaugural Issue
September / October 1992
Dear Eastside Homeowner,
Aloha! I would like to introduce my new Real Estate Newsletter, GregsWave.
It is my intention to keep you up to date on new properties currently for sale, properties that have just sold and market conditions in general. All this is meant to help you make educated decisions when buying or selling property.
If your neighborhood sales data is not in this issue, don't worry! I will provide different eastside areas "SOLDS" in each new publication. There is too much information to supply it in one newsletter and I would like to give all the neighborhoods the same attention. If you have a specific request, please feel free to call me.
1992 Property Sales Wailua Homesteads Market Analysis
| TMK# | Bedrooms | Baths | Square Ft. | Date Sold | Price |
|---|---|---|---|---|---|
| 42-18-39 | 2 | 2 | 1,304 | 2-5-92 | $195,000 |
| 42-13-122 | 3 | 2 | 1,326 | 6-4-92 | $230,000 |
| 42-16-46 | 4 | 2.5 | 1,803 | 3-2-92 | $232,000 |
| 42-11-87 | 4 | 3 | 1,946 | 6-30-92 | $234,000 |
| 42-12-88 | 3 | 2 | 1,395 | 5-8-92 | $245,000 |
| 42-13-107 | 3 | 2 | 1,456 | 5-7-92 | $245,000 |
| 42-8-19 | 3 | 2.5 | 1,950 | 6-8-92 | $275,000 |
| 42-11-20 | 3 | 2 | 1,600 | 3-23-92 | $280,000 |
| 42-10-34 | 3 | 3 | 1,440 | 5-21-92 | $287,000 |
| 42-9-8 | 3 | 2 | 1,902 | 5-22-92 | $390,000 |
| 44-5-119 | 2 | 2 | 1,349 | 5-1-92 | $259,000 |
| 44-5-119 | 2 | 2 | 1,349 | 5-1-92 | $259,000 |
| 44-5-74 | 3 | 2.5 | 2,034 | 6-26-92 | $285,000 |
| 44-7-4 | 3 | 2.5 | 2,048 | 2-27-92 | $340,000 |
| 44-12-10 | 4 | 2 | 1,905 | 5-29-92 | $350,000 |
| This information was compiled from Kauai Board of Realtors Multiple Listing Service (MLS). | |||||
What is a Market Analysis?
A Market Analysis compares actual sale prices with existing homes in the same area that have not yet sold to come up with an approximate value.
WAILUA HOUSELOTS & KAPAA NEIGHBORHOODS TO COME!!!
Featured Homes
- Lokelani St. Located in the prestigious Queens Acres. This home features three bedrooms, three & one half baths, custom tile throughout the house, a cov- ered lanai completely surrounds the downstairs, with a large lanai upstairs for the master suite. Jacuzzi Tub, walk in closets and more. Asking $298.000.00 (FS)
- KaIilalu Rd. Only two years old. 1,500 sq. ft. of living area makes this custom home one of Wailua's best values. Price reduced $30,000.00 for a quick sale. Asking $245,000.00 (FS)
- Kalama Rd. This is a brand new residence!!!!!! A must see. Waterfalls & seclusion are yours on this 1/2 acre view lot. A one of a kind property for the discrimi- nating Homeowner!!!!! Asking $325,000.00
- Puupilo Rd. Wailua's most exquisite Hilltop experience. Situated on a one acre Gentlemen's Fann. Perfect for the equestrian. The home features 2,400 sq. ft. of living area, a chef's kitchen, ceramic tile & Teak parquet floors throughout! Asking $449,000.00
- Located on Olehena Rd., this 1.87 acre parcel affords you lots of open space to spread out. Great pastoral setting. Quiet and Serene. Owner says sell, will look at all offers. Asking; $225,000.00
- This fee simple 1/2 acre is priced $30,000.00 less than the last sale price for a 1/2 acre lot in the Wailua Homesteads. The property has great views of the Anahola Mountain Range, and a pastoral setting with total privacy. Utilities are in. Ready to go. Asking: $135,000.00
Todays Recipe
Food for thought: Winners work at things others are not willing to do!
If you want your property advertised in this publication, please give me a call. At the present time, this newsletter reaches over 3,000 visitors and property owners alike.
If you are interested in knowing the approximate Market Value of your property or want more detailed information on something you have read in this newsletter, feel free to drop me a note or give me a call.
Seller's Checklist
- Most important. Finding a qualified buyer that really wants to buy your property. Take your prospect to a certified Lending institution of your choice and have the Lender pre-qualify the buyer on the basis of his or her income.
- Open escrow with Earnest Money Deposit & an acceptable sales agreement between the buyer & seller.
- Give all information to escrow regarding any existing loan payoff figures, loan numbers, existing lender's addresses, etc. Buyer's: Be sure and read your preliminary title report. Request Title Insurance!!
- Seller's: Be sure the buyer has applied with a written loan application in a timely manner. (Lender of his choice.) Be sure appraisal is ordered. Appraisal's are taking approximately 6 to 8 weeks!! Follow up credit reports with lender.
- Coordinate any repairs the property may need during escrow period. Order termite report for existing houses.
- Be sure property boundary pins are showing, if not order survey.
- Help buyer with a Homeowners policy. This saves the lender time after the loan has been approved. Buyer signs loan documents.
- Review seller's closing statements. Be sure all prorated figures are correct.
- Buyer's: Do a walk through inspection to insure all windows, appliances, screens and doors are in proper working order. Be sure escrow records the transaction at the Bureau of Conveyances in Honolulu.