Showing Guide Example

Buyer's Guide for Bob & Jill Smith

L I F E S T Y L E M A U I T E A M

Content

Our Mission Statement

Listings We Will Preview

Meet the Team

Join Us for a Nickel Tour

Why Choose Lifestyle Maui Real Estate Team?

Questions to Consider When Buying on Maui

How We Help You Buy Your Maui Property Financing vs. Cash

Thou Shalt Not

What to Expect From Your Home Inspection

What to Expect at Closing

Maui Market Statistics

Frequently Asked Questions Team Testimonials

Maui Tax Rates

Owner?

Our Mission Statement

Our Mission is to help you live the Maui Lifestyle.

We love sharing the passion and joy that comes from living on Maui, with our clients. We understand that purchasing “property” is only one piece of the puzzle. We want to be your expert Maui resource before, during, and after your entire experience relating to living the Maui Lifestyle.

O L I D R E P R E S E N T A T I O N

Listings We Will Preview

TOTAL 3 DAYS ON MARKET: HIGH 110 LOW 8 AVG 42 MED 9

PRICE: SOLD PRICE: HIGH $1,300,000 $0

LOW $1,100,000 $0

$1,183,000 $0 MEDIAN $1,149,000 $0

TOTAL PRICE $3,549,000 $0

Area (Minor)=Wailea,Maui Md,Maalaea,Kihei AND Class=CO AND Short Term=Yes AND Price=1000000-1500000 AND Status=ACT,PO ,CNTRL,CNTXL,CNT

SPREADSHEET

Status Address

Building Name

Bths

MLS

On

ACTIVE 145 N Kihei Rd Sugar Beach Resort 505 $1,100,0 00 1 1.00 613 $1,794.4 5 Ocean 8 396976 1977

ACTIVE 2430 S Kihei Rd Royal Mauian 201 $1,300,0 00 2 2.00 864 $1,504.6 3 Other 9 396974 1973

ACTIVE 2695 S KIHEI Rd Kamaole Sands 4-301 $1,149,0 00 2 2.00 1,036 $1,109.0 7 Mountain/ Ocean 110 396098 1983

This information is believed to be accurate. It has been provided by sources other than the REALTORS® Association of Maui, Inc. and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Copyright REALTORS® Association of Maui, Inc. All Rights Reserved. Featured properties may or may not be listed by the office/agent presenting this brochure.

Date:

List Price:

Address: Bedrooms/Baths: /

Living Area Square Feet:

Covered Lanai/Deck: Uncov Lanai/Deck:

Floor Level:

Waterfront Unit:

Land Tenure:

Original Price:TMK: District:

2 3 8 013 014 0074

Potential Short Sale: REO:

Year Built:

MLS #: Unit: Building Name: View:

Land SF/Acres:

196456

Maintenance Fee $/Mo :

Special Assessment $:

Property Taxes $/Mo:

Pets Allowed:

Short Term Rental Allowed:

Fee Price: $

Sold Price:

Short Sale: Concessions:Central A/C:

Tax Year Ending:

Tax Exemption: $

WaterFront: Pool: DOM:Listing Date:

Leasehold Rent $/Mo:

Listing: /

Listed by: 145 N Kihei Rd

Closing Date: Sold Terms:

Contract Date: Source Shrt Trm Rntl Info:

So...... your on the beach, you have a top end remodel and a heavily booked condo with a oceanview! What's not to like? Kitchen: All new GE Profile appliances. Stove and refrigerator are built in models. Quartz countertop with waterfall edge on peninsula. High end Ikea cabinets that have ocean blue thermfoil fronts. Upper cabinets are opaque white glass fronts and have interior cabinet lighting. Under mount and top mount lighting has been installed to light the condo with indirect lighting at night or used for task lighting. Three matching blue upholstered stools for peninsula. Living Area: LG 65” 4K TV with LG sound bar and wireless subwoofer. Sound bar also allows a person to connect via BT to play music. Wall mounted entertainment center keeps the area looking clean and sleek. Wall mounted crown molding is mounted below ceiling by around 8” to 10” to allow LED indirect lighting to light the hallway and living room space. This lighting as well as all other direct lighting are on dimmers. Wood woven blinds for the patio door and glass windows have been installed to replace the draperies. Bedroom: Ceiling fan has light and both light and fan are controlled by a remote. Hunter Douglas plantation shutters installed for room darkening and privacy. Bathroom: Rpl. Electrical Panel, All floor and shower area wall tile are large format except the accent strip down the center of the shower. The tile behind the vanity is a blue glass tile that was installed in a vertical subway pattern to give an abstract appearance of a waterfall. The bathroom vanity is a custom vanity made from African Mahogany. Toto Washlet toilet includes powered toilet seat that provides bidet features, warming seat and auto lift toilet seat. The vanity medicine cabinet is a Robern 30”x30” AIO Lighted Cabinet with BT. The cabinet has lighted mirrors and all mirrored interior with power inside the cabinet. All Utilities are covered in the Maintenance fee including, Elect. Water, Sewer, Garbage, Cable TV, Long Distance

Condominium

Association of Maui

Kihei

Date:

MLS #:

Address: Bedrooms/Baths: /

Living Area Square Feet:

List Price:

Waterfront Unit:

S Kihei Rd $1,300,000 2 3 9 005 010 0018

Original Price:TMK: District:

Potential Short Sale: REO:

Covered Lanai/Deck: Uncov Lanai/Deck:

Land SF/Acres:

Maintenance Fee $/Mo :

Floor Level:

Year Built:

Fee Price: $

Sold Price:

Property Taxes $/Mo:

Unit: Building Name: View: Land Tenure:

Pool: DOM:Listing Date:

Short Sale: Concessions:Central A/C:

Tax Year Ending:

Tax Exemption: $

Special Assessment $: WaterFront:

Pets Allowed:

Short Term Rental Allowed:

Leasehold Rent $/Mo:

Listing: /

Closing Date: Sold Terms:

Listed by:

Contract Date: Source Shrt Trm Rntl Info:

Condominium

Date:

MLS #: Unit: Building Name:

Address: Bedrooms/Baths: /

Living Area Square Feet:

Covered Lanai/Deck: Uncov Lanai/Deck:

Floor Level:

Waterfront Unit:

List Price:

Land Tenure:

Original Price:TMK: District:

Potential Short Sale: REO:

Year Built:

Land SF/Acres:

Maintenance Fee $/Mo :

Fee Price: $

Sold Price:

View:

Pets Allowed:

Short Term Rental Allowed:

Property Taxes $/Mo: Tax Exemption: $

Short Sale: Concessions:Central A/C:

Tax Year Ending:

Special Assessment $: WaterFront: Pool: DOM:Listing Date:

Leasehold Rent $/Mo:

Listing: /

Contract Date: Source Shrt Trm Rntl Info:

Listed by: 2695 S KIHEI Rd $1,149,000 2 3 9 004 004 0115

Closing Date: Sold Terms:

Rare single-level 2 bedroom, totally private end unit with partial ocean view. Unique to only end units is a living room window allowing natural light and air to effortlessly blend into the environment, giving the highly sought-after tropical indoor-outdoor feel. This vacation rental has 90% occupancy, sold turnkey with desirable bookings in place. Kamaole Sands is one of Maui's best-reviewed and most desirable vacation rental properties, located directly across the street from pristine Kamaole III Beach,

and

sloping

Condominium

Association

Kamaole

Kihei

Other Available Listings

TOTAL 3 DAYS ON MARKET: HIGH 62 LOW 1 AVG 23 MED 7

SOLD PRICE: HIGH $1,450,000 $0

LOW $1,225,000 $0

$1,308,333 $0

$1,250,000 $0

TOTAL

$3,925,000 $0

Area (Minor)=Wailea,Maui Md,Maalaea,Kihei AND Class=CO AND Short Term=Yes AND Price=1000000-1500000 AND Status=ACT,PO ,CNTRL,CNTXL,CNT

SPREADSHEET

Status Address

Building Name

Bds Bths

SQFT

On

MLS #

ACTIVE 145 N Kihei Rd Sugar Beach Resort 113 $1,225,0 00 1 1.00 613 $1,998.3 7 Ocean 1 397027 1977

ACTIVE 2777 S Kihei Rd Maui Kamaole J121 $1,450,0 00 1 2.00 849 $1,707.8 9 Ocean 62 396553 1999

ACTIVE 2936 S Kihei Rd Kihei Surfside 412 $1,250,0 00 1 1.50 680 $1,838.2 4 Mountain/ Ocean 7 396986 1975

This information is believed to be accurate. It has been provided by sources other than the REALTORS® Association of Maui, Inc. and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Copyright REALTORS® Association of Maui, Inc. All Rights Reserved. Featured properties may or may not be listed by the office/agent presenting this brochure.

Date:

Address: Bedrooms/Baths: /

Living Area Square Feet:

Covered Lanai/Deck: Uncov Lanai/Deck:

Floor Level:

List Price:

Waterfront Unit:

Original Price:TMK: District:

Potential Short Sale: REO:

Year Built:

Land SF/Acres:

Maintenance Fee $/Mo :

Special Assessment $:

Pets Allowed:

Short Term Rental Allowed:

Fee Price: $

MLS #: Unit: Building Name: View: Land Tenure:

Sold Price:

Short Sale: Concessions:Central A/C:

Property Taxes $/Mo: Tax Exemption: $

Tax Year Ending:

WaterFront: Pool: DOM:Listing Date:

Leasehold Rent $/Mo:

Listing: /

Contract Date: Source Shrt Trm Rntl Info:

Listed by: 145 N Kihei Rd $1,225,000 2 3 8 013 014 0006

Closing Date: Sold Terms:

- DIRECT oceanfront! Ground floor corner beachfront unit - it does not get much better! Mesmerizing views: early morning paddlers on the ocean - lovely red sunsets in the evening. Corner unit with extra windows - more light in the living room and ventilation in the bathroom. Freshly painted, remodeled and fully furnished,

conditioned unit is ready for you now or for guests in the future. Exceptional rental history in the past. A new stack washer dryer is a bonus! The

centrally

Date:

Address: Bedrooms/Baths: /

Living Area Square Feet:

Covered Lanai/Deck: Uncov Lanai/Deck:

Floor Level:

TMK: District:

Waterfront Unit:

List Price:

Land Tenure:

Original Price:

Potential Short Sale: REO:

Year Built:

MLS #: Unit: Building Name: View:

Land SF/Acres:

Maintenance Fee $/Mo :

Property Taxes $/Mo:

Pets Allowed:

Short Term Rental Allowed:

Fee Price: $

Sold Price:

Short Sale: Concessions:Central A/C:

Tax Year Ending:

Tax Exemption: $

Special Assessment $: WaterFront: Pool: DOM:Listing Date:

Leasehold Rent $/Mo:

Listing: /

Contract Date: Source Shrt Trm Rntl Info:

Listed by: 2777 S Kihei Rd $1,450,000 2 3 9 004 082 0140

Closing Date: Sold Terms:

Date:

MLS #: Unit: Building Name:

Address: Bedrooms/Baths: /

Living Area Square Feet:

Covered Lanai/Deck: Uncov Lanai/Deck:

Floor Level:

Year Built:

TMK: District:

Land SF/Acres:

Waterfront Unit:

List Price:

Land Tenure:

Original Price:

Potential Short Sale: REO:

Maintenance Fee $/Mo :

Special Assessment $:

Property Taxes $/Mo:

DOM:Listing Date:

Fee Price: $

Sold Price:

Short Sale: Concessions:Central A/C:

View:

WaterFront: Pool:

Pets Allowed:

Short Term Rental Allowed:

Tax Year Ending:

Tax Exemption: $

Leasehold Rent $/Mo:

Listing: /

Contract Date: Source Shrt Trm Rntl Info:

Listed by: 2936 S Kihei Rd $1,250,000 2 3 9 004 028 0054

Closing Date: Sold Terms:

Enjoy the sweeping ocean and mountain views from Kihei Surfside #412! This oceanfront 1 bedroom, 1.5 bathroom condo has been tastefully remodeled from top to bottom and comes fully furnished with inventory! If you have an extra guest for the night, there is a pullout couch in the living room! The kitchen features granite countertops, onyx tile backsplash, stainless steel appliances, recessed lighting and solid wood cabinetry. The full bath features a glass door walk-in shower tiled and also with hand rails for your safety. Both the main bathroom and half bathroom vanities consist of granite countertops and solid wood cabinetry. There is porcelain tile flooring throughout the condo. Open up the lanai door and enjoy the island breeze and beautiful sunset. You have the option to roll down the window shades if you prefer a darker setting. This unit is currently in a vacation rental program and is heavily booked. Some of the amenities Kihei Surfside has to offer are a newly-remodeled in-ground pool, bbq area, shuffle board, putting green and ample parking. The complex is in very close proximity to Keawekapu beach and is right next door to the Mana Kai Resort. The luxurious Wailea town is also very close where you will find lots of options for dining, golfing and shopping!

or

Condominium - Realtors Association of Maui

Gallery

Kihei

Meet The

Lifestyle Maui Team

Meet the Team

Tom Tezak

Tom Tezak’s business slogan boldly reads “life is precious, make it count,” and this personal belief wholly resonates throughout his daily life and career Tom has managed to not only become one of the most successful Brokers in Hawaii but he also understands the importance of being a loving husband and father It’s Tom’s dedication to this delicate balance of business and family that keeps him firmly grounded And what better place to have your feet grounded than in the beautiful paradise that is Maui

Tom learned the value of a strong work ethic early on while growing up in Joliet, Illinois His father, an active member of the community with a sharp sense of humor and strong values, instilled in him the importance of doing the right thing in all situations “Do the right thing for people,” he would tell Tom, “and everything else will follow ” Tom’s persistence is seen in everything he does, which is why he’s been one of the top Real Estate Professionals in Hawaii for the past decade and has sold over $500 Million in Maui Real Estate He has been recognized as one of Hawaii’s “Top 100 Realtors” ten times

Tom specializes in living the Maui lifestyle; he can direct you to the most lavish properties and the best locations, whether you ’ re searching for that unique oceanfront property or exclusive condominium com munity or a simple getaway When you ’ re ready to buy in South Maui, give Tom Tezak a call. Whether you ’ re looking for oceanfront property, a second home, or a hidden m, call a REALTOR® who can help you maximize your investment and knows the value of oying life by making every moment count.

Stephanie Mascak

Stephanie is a mother to twin girls and a boy on the beautiful island of Maui When she was 19, she moved from Ohio to Hawai'i and has been loving it ever since In college Stephanie studied business, education and economics Design, architecture, new construction and DIY projects are some of Stephanie’s personal interests She has recently built her first cottage upcountry and started a hobby farm This experience has helped her gain so much valuable knowledge for her clients. Outside of work, Stephanie likes to train Jiu Jitsu, island hop, run, spend time with her children/animals and catch the sunset.

T E A M L E A D E R , P R I N C I P A L B R O K E R

L

D R E P R E S E N T A T I O N

S A L E S A G E N T , R E A L T O R ( S )

Meet the Team

Amber Lee

Raised on Oahu, Amber Lee portrays Aloha in every way! Growing up with strong family roots in Hawaii, Amber has an extensive history of the islands lifestyle and culture Graduating from the University of Hawaii, with a Bachelors in Education, Amber focused her career with special needs children at Loveland Academy, for 11 years full time working within this precious community Being involved in a wide range of transactions has allowed her a thorough understanding of Maui County zoning and building challenges which is a huge asset to her clients Amber also teaches yoga to give back to her community here on Maui

Justin Maguire

S A L E S A G E N T , R E A L T O R ( B )

Justin believes that Life is fueled by dreams and here on Maui, dreams often do become a reality Justin is a licensed broker and has over 10 years of experience in Real Estate When he is not selling real estate, you can find him teaching surf lessons in South Kihei He also enjoys golf, music, and movies Fun fact before real estate, Justin had a career in cinematography Justin is an accredited buyers representative offering concierge real estate services across Maui He is also a Seller’s representative specialist assisting homeowners across Maui Justin is willing top go the extra mile to make real estate 'real easy '

Connor Carrigan

S A L E S A G E N T , R E A L T O R ( B )

Consistently providing a high level of service and delivering for his clients, Connor is the premier example of an agent that you want on your side in a real estate transaction He is known for his involvement with industry groups including being a member of Maui's Young Professional Network Connor also has a fundamental understanding of technology and the way it plays apart in todays real estate business From high level marketing driven by AI to help get your property sold, all the way to systems that help him find the perfect home for you the moment they come on the market As competitive as Maui's real estate market is today, It's important to have someone in your corner that is knowledgable in their market and skilled in their profession Connor will give buyers and sellers alike a strong advantage in todays market

S A L E S A G E N T , R E A L T O R ( S )

Meet the Team Michele Gibson

T R A N S A C T I O N C O O R D I N A T O R

Michele is our transaction coordinator, and will upload files to an online management program, create a transaction timeline indicating contact information, dates, and deadlines, and communicate with clients, escrow, and other third parties

Michelle Rodriguez

T E A M C O O R D I N A T O R / C U S T O M E R C A R E L I A S I O N

Michelle is the team’s Coordinator and ensures that each and every client is satisfied Michelle grew up in Long Island, New York and moved to Maui after living in Orlando for seven years She has a Bachelor’s degree in Hospitality and an extensive resume that will ensure our clients are guided through the Maui real estate process with care and ease Additionally, Michelle manages a portion of the Team’s marketing, ensuring that your property is marketed to as many potential buyers and real estate agents as possible Michelle will utilize direct mail marketing, newsletters, email blasts, and social media to gain maximum exposure on your listing Outside of work, Michelle enjoys hiking, swimming and dancing

Rebecca Allen

M A R K E T I N G

Rebecca Allen is part of our Marketing Team She will create and mail out Visual market analysis mailers to help the community keep track of the market Rebecca relocated to Maui in 2020 with her husband and two children and enjoys spending time on the beach Rebecca has a diverse background, with experience in dentistry, newborn care, social work, and optometry

Why Choose Lifestyle Maui Real Estate Team

We have an extensive amount of experience, with nearly 40 years and $900 Million in sales between Tom & his team.

We have the depth and understanding to anticipate, negotiate, and facilitate the smoothest transaction possible. Having a team provides you with support and multi faceted skills that you may not get when using an individual agent. We work together as a unit and can rely on each other's skills and talents to make sure we are successful in achieving your goals With this combined knowledge and skill set, we can help you through the process from the beginning stages of search ing, all the way to closing day and beyond.

We know what it takes to be successful in buying and selling real estate, in all areas of Maui with all the various types of real estate available. Searches includes vacation homes, second homes, rental properties, and full time residential properties This kind of knowledge is a result of almost 40 years of combined experience in the Maui market...we've pretty much seen and experienced it all!

Join us for a Nickel Tour

Oh, what is a “Nickel Tour “ you might ask?

In our experience of selling real estate in Maui, most Buyers/Visitors are not sure which properties are which and what amenities they offer, what the prices are for the various complexes and neighbor hoods, but most importantly, what feature would be the best fit for them.

For most folks, price & location are important, but when you start your search here on Maui you very often begin by stumbling from open house to open house never quite knowing what you are walking into whether you can afford it...whether it is a good or bad location...whether it is priced right...etc. Lastly, the worst part about that experience is that you are wasting precious vacation time searching (sometimes aimlessly) and not finding what you are looking for, instead of being on the beach, snorkeling, out golfing or whatever your Maui passion might be

If this sounds painfully familiar or like a situation you would like to avoid, then you will appreciate our “Nickel Tour ” We take hours of your vacation and give them back to you By first interviewing you and identifying the properties that meet your needs, we then put a tour together to give you an overview of the properties that best fit your parameters Because of our extensive amount of experience, we can provide you with the local knowledge that you can not get at open houses or on the internet. Plus, we save you hours of valuable vacation time by taking the guess work out of your search. The “Nickel Tour” usually lasts 1 to 2 hours, and when we finish, we can usually narrow down your search to just a few complexes or neighborhoods

If this sounds interesting, feel free to give us a call, and we can make a plan to get you out for our famous “Nickel Tour.”

Questions to Consider When Buying Your Maui Property

It is essential that when starting your search, you understand what you are looking for in your Maui property With the variety of options on Maui, here are some questions to think about:

Home vs Condo

Vacation Rental vs. Residential

Is a gated community important to you?

Wailea, Kihei, or Makena? Does it matter?

The number of bedrooms you need vs Number of bedrooms you want Location on island. Sun, rain, breeze, etc

The location proximity to essentials like Costco, Target, hospital, airport, etc

Is an ocean view a must, a bonus, or not necessary?

What is more critical: a Bigger space or closer to the water?

Enough yard or big yard for privacy?

But most importantly...what is your “WHY”?

As you read these, hopefully, it makes you think about what is most important and will help you with the decision process. Remember, it is our job to act as your advisors and help you work through this process smoothly, with the end result being your ability to pursue the Maui Lifestyle that you desire

How We Help You Buy Your Maui Property

Helping you find and purchase a property on Maui is only one facet of our job In addition, we will:

Presale Under Contract

Explain Maui real estate principles, contracts and documents

If you choose to finance, we will refer you to a reputable on island lender that can help you assess your financial situation and pre approve you for a loan

Help you determine the types of properties and neighborhoods that most fit your needs (Read more about the Nickel Tour on Page #)

Explain the differences between vacation rentable/long term rentable condos (see page #)

Arrange tours of properties that meet your criteria or preview them on your behalf using video/Facetime if you are not on island

Provide you with detailed information about the properties that meet your criteria

Determine the fair market value of properties you ' re interested in.

Assist you in writing and negotiating an accepted purchase contract

Open escrow. Provide you with a timeline which highlights all necessary contingencies to be completed before closing. Accompany you to the inspection or meet the inspector there if you are not on island.

Help you navigate through home inspection contingency process (see page #)

Provide and review documents during the escrow period including condo association documents, seller's disclosure, inventory, survey, termite inspection, etc.

Work with the escrow company to ensure all needed documents are in order and completed in a timely manner.

Coordinate final walk through Arrange key possession transfer If you are not on island, we will be here to accommodate your closing process.

Financing vs. Cash

Cash

Negotiation benefits

If you can purchase your Maui property with cash, in many cases this can increase your negotiating power Because the majority of offers in our mar ket are financed offers, cash offers stand out because they eliminate the loan process (which removes a significant contingency from the transaction). As a cash buyer, you are still required to provide proof of funds, usually within three days of an accepted offer Also, you may need to provide evidence of funds before viewing select properties.

Escrow time frame

Because cash purchases avoid the loan process, escrow times can be made much shorter We write cash offers with closings anywhere from 14 to 30 days from acceptance. This also can give you extra negotiating power by emphasizing a quick close if this would appeal to the seller.

Financing vs. Cash

Financing

How much house can you afford?

Determining how much you can afford and getting pre approved before you begin your Maui proper ty search will save you valuable time and ensure you are ready to move quickly on the right property when you find it.

Using a local lender

In our market, there are benefits to using a local lender, especially when it comes to financing vacation rentable properties. Loan officers based here on Maui know the ins and outs of funding on vacation rentable properties that not all mainland lenders know about or don't realize until they are already in the loan process Unfortunately, we ' ve experienced this first hand with some of our own deals and heard of others. Buyers use non local lenders who are licensed in Hawaii and initially say they can loan on vacation rentable properties, only to find out 20 45 days into escrow that it's a lot more involved than they previously thought and their bank can't approve the loan. Those Buyers then have to either cancel the deal or switch lenders and restart the process. This is not always the case, but we recommend using a local lender who understands loaning on vacation rentable properties from the start, giving you the best chance to get to the finish line. Another benefit of using a local lender is that it can sometimes strengthen your offer in the eyes of the other agent/sellers. An offer with pre approval from a proven, well known local lender can appear more substantial and beat out other offers with pre-approval from a mainland bank. (see Affiliate Page on the inside back cover for our Team's recommendations).

*Although we recommend using a local lender as our client, you can ultimately decide to use whoever you'd like to It's our job to educate you on the intricacies of our local market, but we never make decisions for you

Escrow time frame

If you are purchasing via financing, we typically write 30 45 day contracts on residential homes/long term rentable condos, and 60 days for vacation rentable properties However, this can vary depend ing on the lender you choose and the timeframe they give us.

Financing Best Practices

When Financing Your Maui Purchase, thou shalt not ...

Change jobs, become self employed, or quit your job

Buy a car, truck, motorcycle, or van.

Use credit cards excessively (more than normal).

Stop paying bills

Spend money you have set aside for closing.

Change marital status.

Omit debts or liabilities from your loan application

Buy furniture

Apply for new credit cards.

Make large deposits without checking with your loan officer

Change bank accounts

Co sign on a loan for anyone.

Each of these can jeopardize loan approval If unsure, call your loan officer and ask before doing any of the above

What to Expect from your Home Inspection

Home inspections are a critical part of the buying process. A neutral third party handling your inspection can help to give an unbiased and professional look at all areas of the home. We will guide you through the Home Inspection process by:

Referring you to a reputable on island home inspector and other repair contractors if needed.

Scheduling the inspection for you and attending for your behalf if you are not on island

Making sure the home inspection report is delivered to you promptly within the contingency period

Reviewing the home inspection report results with you

Negotiating fair and appropriate solutions if necessary.

Scheduling a final re inspection walk through before closing if desired. If there is a pool/spa, and aseptic/cesspool, either of these would require an independent inspection as they are not covered in a general home inspection, and we will help you coordinate that.

Our goal throughout this contingency period is to make sure you are well in formed and prepared to make the best decision in moving forward or canceling a deal if necessary With the Lifestyle Maui Real Estate Team your best in

What to Expect at Closing

Final Walk through 3 4 days before closing

Utilities transferred into your name

Confirm that any negotiated repairs are completed

Arrange your final deposit

It Doesn’t End There...

What happens after closing? Good question. It's important for us to share with you that the process and relationship are far from over after we close If you are purchasing your primary residence/moving here to Maui, we can be a wealth of knowledge in terms of any vendors/services you may need post closing And as you know, we always love to share our non real estate related knowledge and tips as well! Also, as a resort and second home agents, we know that your property away from home is significant to you...and it's really important to us, too! If you have an emergency, we will look into it and help in any way we can. If you need someone to work on the property, we are happy to give you our opinion or recommendations. We want you to know that it doesn't end at closing. We often say that closing is where all of our relationship and experience begin to come into play.

We want to be your resource here on Maui today, tomorrow, next year, five years later and beyond Please don't ever think that you can't reach out to us if you need a hand, have any questions, or want an excellent recommendation for a place to eat or a fun activity here on Maui Helping you is what we do, and our way of spreading Aloha.

Frequently Asked Questions

Vacation rentable condos vs. Long-term rentable condos?

Vacation rentable condos are zoned to allow transient (nightly) rentals. These are the condos you can find on transient rental sites such as VRBO.com, Airbnb, etc. Long term rentable condos are not zoned for transient rentals and typically only allow leases of 6 months or more if rented out.

Price points, maintenance fees, and amenities can vary between these two types of condos for more information on specific complexes, contact our Team!

What is included in the maintenance fees for condos?

Most condo complex's maintenance fees cover water, sewer, trash, common area maintenance, exterior building maintenance, and hazard and risk insurance. Some condos also include items such as electricity, TV cable, and internet If you want to know what a specific condo complex's maintenance fees cover, please contact us directly

What is the difference between the different parts of the island?

(South Maui, West Maui, Upcountry, Central Maui, etc.)

Maui has many unique areas to explore, with varying types of real estate across the island South Maui (Kihei, Wailea, Makena) and West Maui (Lahaina, Kaanapali, Kapalua, etc ) are where you'll find most vacation rentable properties, due to their beautiful beaches and resort areas Within the South and West Maui areas there is also a mix of residential homes and condos with a wide range of pricing from entry level to luxury Central Maui (Kahului, Wailuku) is where you'll find residential homes and con dos. Some of the lowest priced residential homes and condos on Maui are in this area There are also some new residential and commercial developments coming up in Central Maui as well Upcountry (Makawao, Pukalani, Kula, etc ) features mostly residential homes at a higher elevation, offering cooler temperatures than other areas of Maui East Maui (Haiku, Hana, etc ) features residential homes set in lush landscaping due to the higher amounts of rainfall in these areas North Shore (Paia) offers mostly residential homes that have a broad range of pricing similar to South and West Maui. All this being said, we like to think that all parts of Maui are merely variations of perfection For more information or a list of properties in a specific area, reach out to us, and we can tailor a search for you

Frequently Asked Questions

What's the value of a view in Maui Real Estate?

Views play a significant role in value in our market here especially ocean views. Ocean views can add anywhere from $25 $50K to, in some cases millions of dollars to a property's value depend ing on the location, price point, and amount of ocean view the home or condo has For example, our Team Leader Tom sold two units within a complex that had the same floor plan one had more upgrades, but didn't have an ocean view and sold at $630K; the other was not as upgraded, but had a beautiful ocean view and sold for over $900K Thus, ocean view accounted for around a $300K price difference in this case! So yes, ocean view can add quite a bit of value to a property and should be taken into consideration whether buying or selling. There are also areas that feature beautiful West Maui Mountain and/or Haleakala views, which shouldn't be overlooked and can add value as well. In addition, some properties Upcountry (Makawao, Pukalani, Kula) feature beautiful panoramic island and ocean views because of the higher elevation If you are looking for a particular type of view, let us know, and we can point you in the right direction!

What rents better: a one or two bedroom condo?

We often hear the misconception, "I want to buy a two bedroom condo because it will rent better." Although in mainland markets this may be the case, here on Maui one bedroom units rent as well as two bedroom units With one bedroom units, you get all the renters specifically looking for a one bedroom (singles, couples), AND you also can get overflow from families/guests that want to save some money and put their kids/extra guests on the sleeper sofa or Murphy bed (which most one bedroom vacation rentable units have) Thus, occupancy rates tend to be a bit higher overall for one bedroom units as opposed to two bedroom units and can generate more revenue as a whole. Of course, there are exceptions to this, and if you need a two bedroom for your use, then that's what you should be searching for However, if you are excluding one bedroom units for your search because you think they won't rent as well as two bedroom units, you may be missing opportunities to get more bang for your buck.

Testimonials

"Service in True Aloha Spirit"

Tom and his staff sold our condo at Kihei Shores in Maui He made great decisions on when to relist, the price and what offers not to take even though they looked the best We were kept up to date each week with an Email. The whole process was facilitated from our home in NY. They know there are a ton of other realtors out there so they really appreciate you as a costumer and provide service in true Aloha spirit. I can't wait to get back there and meet him face to face

"She Put in Extra Effort"

Amber was a pleasure to work with She was always available whenever we have questions She was understanding and really put in extra effort to hear what it was we were looking for. We looked at several places and really examine all the options to find the perfect home

Seller, Maui

"Made the Process Exceptionally Easy"

"Prompt With Every Response"

We contacted Stephanie before arriving and she was prompt with every response We set up a time to meet and she came to us. Then we met to see homes the next day She was very honest and understanding of our needs and wants She showed us what was available and was honest with us about what our offer should be. She represented us well in the following weeks until closing and did her best to secure the property once we were closed She went above and beyond what a standard realtor usually does! We would whole heartedly recommend Stephanie as your go to realtor on this beautiful island of Maui, that we now call home Mahalo Stephanie!

Angela, Buyer

Above all else, Justin is a terrific person with a great personality, good sense of humor, and calm, kind demeanor Professionally, his knowledge of the local market astounded me, since there are SO MANY similar sounding developments to select from I don't mean he knew where they were, but he also knew all the listings in our target range, recent transactions, and the day's latest listings. He instantaneously answered every question we had, and on the one occasion he didn't know the answer, he simply said he wasn't sure but would find out He followed up and got the information to us quickly He clearly takes pride in his work He worked with us as buyers while simultaneously procuring listings, yet he either answered or responded to calls and texts quickly, ever time Once we went into contract, he established a three ring binder with multiple headings, filed every document for us, and made the process exceptionally easy to navigate I would and will use his services again, and I whole heartedly endorse him for his professionalism

Bill M, Buyer

Damon, Seller

Maui Tax Rates

Effective July 1 2022 to June 30, 2023

Classification

Owner Occupied Tier 1: up to $1M*

Owner Occupied Tier 2: $1,000,001 to $3M*

Owner Occupied Tier 3: more than $3M*

Non Owner Occupied Tier 1: up to $1M*

Non Owner Occupied Tier 2: $1,000,001 to $4 5M*

Non Owner Occupied Tier 3: more than $4.5*

Apartment Commercial Tier 1, 2, 3

Industrial Agricultural Conservation

Hotel & Resort

Timeshare

Short Term Rental Tier 1, 2, 3

Commercialized Residential

Long Term Rental Tier 1: up to $1M*

Long Term Rental Tier 2: $1,000,001 to $3M*

Long Term Rental Tier 3: more than $3M*

*Property valuation as assessed by the County of Maui

Important Dates

Tax Rates (per $1,000)

$2.00 $2.10 $2.71 $5 85 $8 00 $12.50 $3.50 $6.43 $7 05 $5 74 $6.43 $11.75 $14.60 $11 85 $4 40 $3.00 $5.00 $8.00

December 31: Deadline for filing exemption claims and ownership documents which affect the tax year August 20: First half year tax payments due February 20: Second half year tax payments due

The Shops at Wailea, 3750 Wailea Alanui B-16, Wailea, HI 96753

Lifestyle Maui

Purchase and Sale

Purchase and Sale Agreement

Once we have found a buyer for your home, we will work with you through the purchase and sale agreement. This is the contract in which you and the buyer outline the details of your property transfer The purchase and sale agreement usually consists of the following:

Earnest money receipts

Financing addendum

Inspection addendum

Conditions/disclosure addendum

Contingency addendum, when appropriate

Addendum outlining special conditions

Lead based paint notification, when appropriate

Agency disclosure form

Property disclosure form

Home Inspections

The Second Negotiation

Once you decide to make an offer on your home, it will usually be contingent upon a professional inspection of the entire property including improvements. The home inspector looks beyond the cosmetics to make sure that the home’s general systems operate properly The inspector will also look for large repairs that are needed and report on the condition of the home.

The standard home inspector's report will review the conditions of the home’s heating and cooling systems; interior plumbing and electrical systems; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; foundation, basement and visible structure. The inspector will also look for cracks in cement walls, water stains that indicate leakage, and any indication of wood rot.

A home inspection also points out the positive aspects of a home, as well as the maintenance that will be necessary to keep it in good shape.

Remember, no home is perfect. If major problems are found, I will help you negotiate through the process.

Settlement and Closing

During the negotiation stage of the transaction, a mutually agreed upon date for closing is deter mined “Closing” is when you and the seller sign all the paperwork and pay your share of the settlement fees, and the documents are recorded Prior to closing, the agent will complete a de tailed settlement statement for both buyer and seller. As your agent, I can help you understand which of the following typical statement fees apply to you

The Buyer Receives:

Repairs or inspections credit, if any, that seller has agreed to pay for

The Buyer Pays:

Inspection fee

Utility deposits held by gas, electric, cable, telephone, and other companies

Prorated portion of pre paid property taxes

Prorated mortgage interest from payments made during the current month

One half of escrows paid to the escrow company for preparing the closing

Document preparation fees, if applicable

Recording and notary fees, if applicable

Title search and title insurance, typically 60% by seller, 40% by buyer in Hawaii

Why Hawai‘i Life?

Smart Marketing

Solid Representation

We focus on results. Our foundations of Smart Marketing and Solid Representation. work to connect buyers and sellers in Hawai‘i, and around the world.

Smart Marketing means we promote your property in ways that are responsive to changing markets and home buyer trends for maximum results

Solid Representation ensures that Hawai‘i Life principals look after your interests without compromise

Hawaii’s Real Estate Brokerage

Hawai‘i Life is Hawai‘i’s statewide, 100% locally owned and operated real estate brokerage We operate Hawai‘i’s #1 real estate website and over 350 expert, local agents are here to provide uncompromising personal service

Design and Marketing

Hawai‘i Life’s in house design and marketing experts ensure that your property is presented effectively to a large audience across multiple channels. We combine quality content with effective design and maximum exposure Exposure

Our marketing channels ensure that your property is seen by potential buyers We actively market your listing through our web database, social media, statewide and international networks, office locations,

PR partners, our Forbes Global Properties membership, Luxury Portfolio, direct mail, events, Zillow, and more Our objective is to present and market your property to qualified potential buyers.

Results

In just 13 years, Hawai‘i Life has evolved from an idea to Hawai‘i’s top performing real estate brokerage Statistics and results show that Hawai‘i Life is a company focused on results We consistently out perform the competition across various market segments, price points and locations

People. Representation.

Hawai‘i Life is a team of dedicated, expert professionals. We are here to represent you. People put the “life” in Hawai‘i Life

Glossary

ADJUSTABLE RATE MORTGAGE (ARM): Interest rates on this type of mortgage are periodically adjusted up or down depending on a specified financial index

AMORITAZATION: A method of equalizing the monthly mortgage payments over the life of the loan, even though the proportion of principal to interest changes over time. In the early part of the loan, the principal repayment is very low, while the interest payment is very high At the end of the loan, the relationship is reversed

ANNUAL PERCENTAGE RATE: The actual finance charge for a loan, including points and fee, in addition to the started interest rate

APPRAISAL: As expert opinion of the value of worth of a property

ASSESSED VALUE: The value placed on a property by a municipality for the purposes of levying taxes. It may differ widely from appraised or market value

BALLOON PAYMENT: A large principal payment due all at once at the end of some loan terms

CAP: A limit on how much the interest rate can change in an adjustable rate mortgage

CERTIFICATE OF TITLE: A document, signed by a title examiner, stating that a seller has insurable title to the property

CLOSING: The deed to a property is legally transferred from seller to buyer, and documents are recorded

COMMISSION: A fee (usually a percentage of the total transaction) paid to an agent or broker for services performed

COMPARATIVE MARKET ANALYSIS: A survey of the attributes and selling prices of comparable homes on the market or recently sold; used to help determine a correct pricing strategy for a seller’s property

CONTINGENCY: A condition in a contract that must be met or the contract to be binding

CONTRACT: A binding legal agreement between two or more parties that outlines that conditions for the exchange of value (for example: money exchanged for title to property)

DEED: A legal document that formally conveys ownership of a property from seller to buyer

DOWN PAYMENT: A percentage of the purchase price that the buyer must pay in cash and may not borrow from the lender

EQUITY: The value of the property actually owned by the homeowner: purchase price, plus appreciation, plus improvements, less mortgages and liens

ESCROW: A fun of account held by a third party custodian until conditions of a contract are met

FIXED RATE MORTGAGE: Interest rates on this type of mortgage remain the same of the life of the loan Compare to “adjustable rate mortgage”

Glossary

FIXTURE: A recognizable entity (such as a kitchen cabinet, drape, or light fixture) that is permanently attached to a property and belongs to the property when it is sold

HAZARD INSURANCE: Compensates for property damage from specified hazards such as fire and wind

INTEREST: The cost of borrowing money, usually expressed as a percentage rate

LIEN: A security claim on a property until a debt is satisfied

LISTING CONTRACT: An agreement whereby an owner engages a real estate company for a specified period of a time to sell a property, for which, upon the sale, the agent receives a commission

MARKET PRICE: The actual price at which a property sold

MARKET VAUE: The price that is established by present economic conditions, locations, and general trends

MORTGAGE: Security claim by a lender against a property until the debt is paid

MULTIPLE LISTING SERVICE (MLS): A system that provides to its members detailed information about properties for sale

ORIGINATION FEE: An application fee(s) for processing a proposed mortgage loan

PITI: Principal, interest, taxes and insurance, forming the basis for monthly mortgage payments

POINT: One percent of the loan principal It’s charged in addition to interest and fees

PREPAYMENT PENALTY: A fee paid by a borrower who pays off the loan before it is due

PRINCIPAL: One of the parties to a contract; or the amount of money borrowed, for which interest is charged

PRORATE: Divide or assess proportionately

PURCHASE & SALES AGGREMENT: A contract between buyer and seller that outlines the details of the property transfer

SETTLEMENT: All financial transactions required to make the contract final

TITLE: A document that indicates ownership of a specific property

TITLE SEARCH: Detailed examination of the entire document history of a property title to make sure there are no legal encumbrances

Affiliate Team

The Lifestyle Maui Real Estate Team is hardworking, but we'll admit, we can't do it all on our own We need a full team! In addition to our marketing and coordination teams, and even our sales team, we still need the right people helping us in the background!

Lenders:

Dan Bardenhagen, Northpointe Bank

Eric Miyajima, American Savings Bank

Keli Pali Creative Financial

Rebecca Ross, Elite Lending

Brady Spangler, Guaranteed Rate

Home Inspectors:

Beau Petrone, ASM Home Inspectors

Chris Hamman, Hawaii Home Inspections

Nathan Liles, All Valley Home Inspections

Matt Fellman, Island Local Home Insp.

Insurance Agents:

(808) 280 6168 (808)280 6444 (808) 891 9292 (808) 891 2005 (808) 339 3921 (808) 870 0593 (808) 879 6000 (808) 866 8367 (808) 757 7200

Termite Inspectors:

Bowman Mid Pacific Pest Control Bugman

Attorneys: Ross Uehara Tilton Tom Cole

Paul Mancini

Plumber:

(808) 870 0593 (808) 875 2888 (808) 871 1283 (808) 531 8031 (808) 242 6854 (808) 871 8351

Robert Nash Painter: Ty Westphal (808) 357 2690

Ivy Costa , Mutual Underwriters

Kit Okazaki , State Farm

Mark Zion, State Farm

Movers:

Alan Bernie, Smooth Moves (808) 853 7760 (808) 242 8440 (808) 793 3203 (808) 269 8373

Electricians:

Darren Wifley, Platinum Electric

Handyman:

Matt Carlson, Home Perfect Maui

Joe Koch

(808) 283 5288 (808) 264 3188

Property Managers:

Ali'i Resorts Hawai'i Life

Cleaners: Beatty Ortiz CSI Carpet Cleaners (808) 740 3040 (808) 879 6284 (855) 447 3685 (808) 357 3908 (808) 205 3237 (808) 280 4741

Air Conditioning Service: Des Tobin (808)242 9275

1031 Tax Exchange Services: Julie Tumbaga Braxton (808) 265 5854

People are Hawai‘i Life

With offices around Hawai’i and committed, local agents, we are a solid, connected ‘ohana. We are un corporate, local and forward thinking. We embrace technology while maintaining a strong human connection to the buyers and sellers we represent

“In an industry inundated by ‘big box’ national franchises, Hawai’i Life stands apart We are a statewide, 100% locally owned and operated real estate brokerage ”

Matthew Beall CEO & FOUNDER, PB

LifestyleMauiTeam.com

YouTube.com/LifestyleMaui

Facebook.com/LifestyleMauiTeam

Instagram: @Lifestyle Maui linkedin.com/in/mauirealestateagent