There are several kinds of questions that pop up with those buying a home for the first time. Many of these concerns will hopefully be answered here, but if anything is missed, call our office at (808) 579-8255. That being said, this advice is not limited to real estate issues on Maui, but can be applied, for the most part, to wherever you are searching for your new home.
Why own your own home? It's either that or rent, in most cases. There are a number of wonderful differences. Want to change the backyard? Go ahead! Want to paint the walls lime green? You are free to do so. Build hidden compartments? Sure! The freedom is great. Renting is a poor investment. You hand money to your landlord so the property's mortgage is met, which is great for the owner, but in the long term, what does it do for you? Consider the value of ownership. Once you have paid off at least a good part of your mortgage, you can borrow against it, buy more property, rent it out and become a landlord yourself if you want to. Perhaps you have already decided you want to own. What other questions might you be asking about the process?
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Today's Maui blog brought to you by Jim Sanders Realty, Inc.
Specializing in North Shore homes. | 
