HONOLULU (HawaiiNewsNow) - On today's Real Estate of Mind, preventing surprises in a sales transaction. Kathleen Funk-Linton, a Realtor with Coldwell Banker Pacific Properties, says before you put a property up for sale you should hire a professional agent to do some homework. Getting a head start on resolving issues can help you avoid delays in the sale of your home. Check out the video of her interview on Sunrise and read her outline below.
- Do a property survey.
- Property lines are not always where the owner thinks they are. A survey can identify if there are encroachments, unrecorded common walls, or other issues that could be a concern to a buyer.
- Conduct an initial title search.
- Your home may have ownership details that differ from what you think
- There may be an old, paid-off loan that's still showing on title.
- Pull a permit package.
- You may have made improvements on your home that could have required permits you didn't get. If that's the case, you will be informed about potential issues before they arise during your sales transaction.
- Permit status can also affect what type of loan Buyers of your property can get.
- Example property: 91-503 Pupu Street, Ewa Beach, 3 bedrooms/2 bath, $765,000 FS