Buying A House In Hawaii | 12 Things To Know Before Buying A House In Oahu {2022}

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Patrick Longley - Living In Oahu Hawaii

Күн бұрын

Are you thinking about buying a house in Hawaii in 2022? Whether you are looking to buy a condo in waikiki or buy a house in Oahu you are going to want to know these 12 things to be aware of before purchasing a home in Hawaii.
The cost of living in Hawaii can be pretty expensive and that includes not only groceries and gas but more importantly the cost of housing. Whether you are lookin to rent a place or buy a house in Honolulu there are 12 very important things you want to keep in mind which I will cover in this video.
Whether you are looking to be living in Hawaii or invest in Hawaii real estate for the first time make sure you look out for these 12 big issues you want to look out for in Hawaii real estate properties before purchasing.
I am here to assist you if you are looking to move to Oahu or move to Hawaii so feel free to reach out if you have any questions !
VIDEO CHAPTERS:
0:54 - Fee Simple Vs Leasehold Hawaii
1:42 - Hawaii HOA Fees
2:23 - Hawaii Property Tax
2:53 - HARPTA & FIRPTA Tax Withholding
4:19 - Hawaii Home Appreciation
5:12 - How Long To Close On Property in Hawaii
5:42 - Hawaii Termite Inspections
6:25 - Carports & Garages
6:54 - Hawaii Home Designs
8:05 - Hawaii Floodzones
8:58 - Hawaii Beach Houses
10:05 - Different Areas In Hawaii
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Patrick Longley is turning the real estate industry upside down by integrating his 10+ years of experience in Online Marketing and technology to ensure you have a smooth systematic approach to purchasing or selling your home. His passion for consulting and education allows him to help first-time homebuyers as well as seasoned investors in making educated decisions.
Patrick has earned his 5-star review from every client he has ever worked with and his hard work earned him to be one of the top 20 agents in his office for sales volume in 2022.

Пікірлер: 37

@daverobinson1574 4 күн бұрын

Great job Pat.

@willfoam 11 ай бұрын

Great video filled with prioritized info. Well done.

@PatrickLongleyOahuRealEstate 10 ай бұрын

Glad you enjoyed it!

@yangyi4258 6 ай бұрын

You are the best!

@PatrickLongleyOahuRealEstate 6 ай бұрын

Hahaha glad you like the vids

@thriftstorescoffeeshops Ай бұрын

Thanks for the insight! I'm an Agent in Washington and was considering purchasing property there and this is so helpful 🙂

@PatrickLongleyOahuRealEstate Ай бұрын

My pleasure!

@dduckieg Жыл бұрын

Very informative video. My wife and I are in mid-planning of a relocation. Our friends rent in Kaimuki and we loved the area. Toughest decision is condo life vs home. Mahalo!

@PatrickLongleyOahuRealEstate Жыл бұрын

Home is always going to yield higher returns form an investment stand point but what usually pushes people into condo vs single family is budget. Feel free to call or email me if you want to have a discussion :) | 808-546-0228 | Patrick@PatrickLongley.com

@Carol_Kalola_U 6 ай бұрын

Very informative Patrick! 🤙

@PatrickLongleyOahuRealEstate 6 ай бұрын

Glad you think so!

@larryappelbaum2245 Жыл бұрын

Awesome video Patrick. Very informative and comprehensive as you covered a lot of ground and 12 very key components to purchasing in Hawaii. Thank you so much! I will be calling you soon!

@PatrickLongleyOahuRealEstate Жыл бұрын

Glad it was helpful! Look forward to connecting with you Larry !

@joanbromberek2817 Жыл бұрын

Can't wait

@MrCanalon Ай бұрын

locals will love U hahahahahahahah!!

@PatrickLongleyOahuRealEstate Ай бұрын

Thanks!

@RhiaSky 5 ай бұрын

Is there much of a difference in water temperature between the different sides of the island?

@PatrickLongleyOahuRealEstate 4 ай бұрын

not really

@Alpinefiberarts Жыл бұрын

Do you have advice for obtaining a mortgage for those of us who reside on US mainland and are wanting to relocate to Hawaii? Is there a local lender who you would recommend that works long distance?

@PatrickLongleyOahuRealEstate Жыл бұрын

Hey Teeny! Thanks for checking out the video ! My suggestion would be to work with a local lender or bank (i prefer lenders/brokers). I have a handful I could connect you with. They are very used to working with people who live on the mainland. Send me an email and ill send you some referrals. | Patrick@PatrickLongley.com

@dumpsterfire6351 Жыл бұрын

All the Richie Rich areas I’m sick of people and the BS I’ll take the out of the way spot any day.

@jofujino 10 ай бұрын

I feel like it would be nice, if you ever do something like this again, to cover the rising ocean levels risk. I feel like that's not something often spoken about but is really important to be looking into if you are buying beachfront property. Even some of the Waikiki condos near the Ala Wai canal have some risk of exposure to this with 3 feet of sea level rises (albeit Waikiki may be valuable enough to get stuff like sea walls when this becomes a significant problem). Also, even if you aren't ocean front but buy a house for its proximity to a public beach the rising ocean levels could wear away and cause that beach to disappear.

@PatrickLongleyOahuRealEstate 6 ай бұрын

Thanks for the input

@blissh808 3 ай бұрын

I am in escrow for my condo with a cash buyer and happens to be the county. It takes literally three months. 😢

@PatrickLongleyOahuRealEstate 2 ай бұрын

Damn sorry to hear that ...why is it taking 3 months?

@blissh808 2 ай бұрын

@@PatrickLongleyOahuRealEstate that is how long it takes with the county. They are so slow in everything. I asked a permit to build a simple carport. It has been more than a year. I still haven’t get my building permit.

@tomsettles6873 Жыл бұрын

Homes are 2x overpriced on Oahu right now. Just wait for prices to fall off a cliff before buying.

@PatrickLongleyOahuRealEstate Жыл бұрын

Thanks for your feedback Tom. We are in deed seeing prices coming down and the days of properties having 20-30 offers have come and went...not sure about prices falling off a cliff but they definitely are coming down. In your opinion...how much do you think they will come down and when do you think they will swing back up. I have my own personal "guesses" but would love to hear your thoughts :)

@tomsettles6873 Жыл бұрын

@@PatrickLongleyOahuRealEstate 25-40% down. Without investor capital and at 7% mortgages we'll see a big drop. I was living there in 1995 when market fell off a cliff and many japanese investors sold commercial and residential property at huge losses.