TOP 10 THINGS Consumers Should Know About the Closing Process
1) Time is of the Essence To avoid delays or a postponement of your closing, be sure to respond to lender and escrow officer requests immediately. Work closely with your lender, real estate agent and escrow officer to avoid delays. 2) You Have a Choice When it comes to service providers associated
Facts About the Hawaii Real Property Tax Act (HARPTA)
A 7.25% withholding obligation is imposed on the transferee/buyer when a Hawaii real property interest is acquired from a nonresident person, Section 235-68 Hawaii Revised Statutes (HRS). This withholding amount is deducted from the seller’s proceeds at closing and paid to the State of Hawaii. C
Hawai'i Condo's: Property Insurance
Since January 2025, the insurance market in Hawai'i has been in a state of turmoil. We are in a Hard Market where insurance companies have stricter underwriting guidelines and offer less-desirable terms with higher premiums. What is going on?! Disasters & Global Reinsurance Costs In the last sev
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