As the Maui Real Estate market continues to improve, finding truly "good deals" is becoming tougher. One of the best markets to look for that "diamond in the rough"? The foreclosure, bank-owned and short sale space. Although these are not always tried and true "good deals" it's a great place to start. (Scroll Down to See Every Deal on the Market today!)
My advice to you? Still run the numbers (they usually don't lie) Also, make sure to have a very thorough property inspection (including termite and structural)
Here's something VERY important that WON'T turn up in the usual inspection process? Potential zoning or permit violations. Maui County is rampant with many of these "sitting duck" properties just waiting to get caught in a myriad of un-resolved and costly violations. The county actually has online resources to check for these permit issues
Be sure to check the water origin and use. Is the home on county or private water? Are all the structures approved for water use and has the "fixture count" limit been reached?
The #1 way violators are discovered? Neighbors turning neighbors into the county anonymously . Although that has since changed, and Maui county no longer allows anonymous complaints. Since the new rule change, violation complaints have dropped by more than half.
Here is a dynamic search of all the current foreclosures, short sales and bank owned properties for sale in the Maui Real Estate market. This is updated daily. Please bookmark this page. For answers to your questions call or email Eric West at 808.298.2030 eric.west@sothebysrealty.com
The Best Real Estate Deals on Maui
- All Listings
- $100,000 - $200,000
- $200,000 - $300,000
- $300,000 - $400,000
- $400,000 - $500,000
- $500,000 - $600,000
- $700,000 - $800,000
- $800,000 - $900,000
- Over $1,000,000
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