How to Find Cheap Luxury Property in Hawaii?

June 17th, 2009 § 1

Hawaii VillaHawaii is notorious for its expensive real estate and for many the properties available are simply too expensive. Among the reasons for this is the prime location, good views and the limited number of properties for sale on the Hawaiian Islands. That does not mean, however, that there is no cheap property and if you know what to look for then you will be able to find cheap property in Hawaii.

One way to find cheap property is to go to Hawaii and check out the private sales in the area you want to live in. If someone is selling their home without using a real estate agent, then the prices is usually a lot cheaper since no commissions have to be paid. Private sellers also are more willing to negotiate with you and there is a higher chance of making a good deal.

You should also look through listings in local newspapers and flyers, since there are often places for sale that you do not find on the internet. These are also more than likely cheaper than what you find listed on real estate websites. This is due to the fact that it costs less to advertise property in printed form.

The best chances of finding cheap property in Hawaii, though, are through foreclosure listings. These were homes that were taken over by the bank because the owners could no longer afford the payments, and these properties can be substantially cheaper than the average prices in an area. You can ask local banks about their foreclosed properties for sale or go to a specialized website with only those listings.

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§ One Response to “How to Find Cheap Luxury Property in Hawaii?”

  • Van says:

    Sweet thanks for this, we’re on our way to Hawaii in three weeks and hoping to find some good real estate, just hope we find something in our budget.

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