Frequently asked question
Please contact us for any additional questions from the contact page.
Purchase
Yes. Property will be registered to the state similar to Japan.
Yes. A bilingual agent will show you the property and assist you the entire process.
Since the agent can check and research the property, it is possible to purchase properties while in Japan. Purchase procedure documents will be sent by e-mail, fax, or mail. However, when registering the property, the buyer must sign at the US embassy, consulate or notary office. When choosing a property for the first time, we recommend that you visit the site once.
Yes. Please consult us for details as the guidelines and examination criteria differ for each financial institution.
To purchase a property, first find a real estate agent you can trust, consult the desired conditions such as purchase purpose, budget, region, etc., and then select a property.
Yes. Different documents are required but the agent will assist you through the process.
Although it depends on the property, the process from signing the contract to closing the deal usually takes about one month. Buying with loan may take longer, approximately 2 months due to screening.
Yes. If you have any properties interested, we can arrange with the seller to see the property. We also offer tours based on customers' preference such as area/price/purpose.
Yes. There are different types of ownership. You can also set an heir in advance when registering the property.
Sell
After examining the market price based on similar property, we will evaluate the property and then propose a sale price that takes into account the unit condition.
Usually, the real estate brokerage fee is approximately 6% of the selling price. In addition, other fees related to escrow, document preparation, insurance, and filing may occur, so approximately 7% of the transaction price is the fee.
Days will vary depending on the price, condition, and the market, but popular units with strong demand may receive an offer in less than three days. If there's no response from the market for a while after putting the unit in market, then we will make a proposal according to the market and owner's situation.
Upon completion of registration, the escrow company will pay the owner.
After purchasing a property
The main fee will be property tax, insurance, and utilities fees. If the unit is a condominium, there may be other fees such as management fee. Also, if the owner is going to have a real estate company manage the unit for the owner, management fee may be required.
Yes. We can manage the rental with the owner. Process varies depending on the location and length of rental so please contact us for the detail.
Our property management team can check the unit to make sure everything is working while the owner is not in Hawaii. We can also check the mails and turn on the home appliances in the unit so the owner won't have any issues when using the unit. We can also manage rentals for the owner so please inquiry regarding our services.
Other
Escrow is a system in which a third party acts as a proxy between the seller and the buyer in order to maintain fairness in transactions and avoid issues.
Yes. Although it may be slightly different depending on the financial institution, you can open an individual account by bringing your passport. For customers who purchased a property at our company, local agents will support opening an account. It is also possible to open a corporate account so please contact us for details.
A fee simple buyer is given title (ownership) of the property, which includes the land and any improvements to the land in perpetuity. A leasehold interest is created when a fee simple land-owner (Lessor) enters into an agreement or contract called a ground lease with a person or entity (Lessee). Contact us if you have other questions.
In Hawaii, properties with leasehold rights remain due to historical reasons. We recommend that you decide to purchase after confirming the current rent and whether it is possible to purchase from the Lessor in the future.
Our commercial department can assist you with commercial property.
Unlike Japan, Hawaii does not place importance solely on the year it was built. The price is determined based on the location and the building quality. In many cases, the price still rises after decades after the construction, especially those built in a great location.
Hawaii is one of the few markets in the world that has buyers from all over the world. As a result, it does not depend on the economy of a specific country, and the price is stable even during a major recession. Real estate prices in areas like Hawaii with limited supply have continued to rise for the past decades. Other benefits may come from foreign exchange rate, depreciation, and tax benefits.