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The Barry  Brown Team, REALTORŪ, real estate agent and broker for Maui, Molokai and Kaanapali Hawaii home listings, property and land for sale - NUMBER1EXPERT(tm)

All agents are NOT alike! Find out why we are top real estate experts. Call us: 808-661-1800.


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First Time Homebuyers: Maui, Molokai and Kaanapali Hawaii home buying, real estate listings, and homes for sale in Maui County, HI
Welcome > For Buyers > First Time Homebuyers ...


Buying Your First Home? REALTORSŪ Are Your Professional Guides. Make Sure You Choose Top Experts. 

You might be a bit afraid or intimidated by the whole process of buying your first home. As top Maui, Molokai and Kaanapali real estate experts, it's our job to guide you, from beginning to end. 

We will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached. 

New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly... 

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Real Estate Tips
About Appraisals >Fair Market Value

What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?

The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.

By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.

See All Tips In The "About Appraisals" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What does the term ARM stand for?

A 
An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market.
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The Barry  Brown Team, REALTORŪ, real estate agent and broker for Maui, Molokai and Kaanapali Hawaii home listings, property and land for sale - NUMBER1EXPERT(tm)

The Barry Brown Team
RE/MAX Maui LLC

380 Huku Lii Place
Suite 205
Kihei, HI 96753
808-661-1800
Toll Free: 888-565-1800
Cell: 808-870-8888
Fax: 808-442-0099
barrybrownteam@number1expert.com

The Barry Brown Team has owned and operated two successful real estate brokerages for the past 14 years; one in Alaska and one in Hawaii. Active in all phases of real estate, both commercial and residential, The Barry Brown Team serves their clients with expertise and professionalism. For a team who will help you achieve your real estate goals, call or email The Barry Brown Team today!

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RE/MAX Maui LLC real estate and homes for sale in Maui, Molokai and Kaanapali Hawaii

RE/MAX Maui LLC real estate and homes for sale in Maui, Molokai and Kaanapali Hawaii

RE/MAX Maui LLC real estate and homes for sale in Maui, Molokai and Kaanapali Hawaii

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