Short Sales on Maui

A Short Sale is when a Seller sells their property for less than what is owed to the Bank. The Lender has to approve a Sellers financial position and their hardship reason to do this. The Lender also has to approve the sales price and all expenses related to the sale.

This can be a win/win for Buyer and Seller. The Seller is in most cases forgiven the debt or "short" and the Buyer can potentially pick up a property for less than market value. In my experience with Short Sales that amount can vary and sometimes not be far under Market Value.

If you would like more information on Short Sales please feel free to contact me at:
MauiGina@gmail.com
Also to search the Maui MLS go to: www.FineIslandProperties.com

Aloha, Gina

Armed Forces Day May 17th

May 17th is Armed Forces Day. President Harry S. Truman wanted to create a single day to replace separate Army, Navy, Marine Corps, and Air Force Days. All Armed Services branches were now under the Department of Defense and in 1949, Secretary of Defense Louis Johnson announced the creation of an Armed Forces Day.
This is the day, we as Americans honor those who serve our Country. This year many of our soldiers are away from home and risking their lives. We honor their service and sacrifice.

Our Team at Fine Island Properties of Maui wants to thank all of the people past and present who have served.

Our Team gives special buyer incentives to all who have served or serve in the Military. Information is available at www.FineIslandProperties.com

Aloha, Gina Duncan, R (S)