Tips and valuable information for first time homebuyers
Sponsored by Berkshire Hathaway HomeServices Hawaii Realty
Becoming a first time home owner can be overwhelming, but experts from Berkshire Hathaway HomeServices Hawaii Realty can help make the process easier through classes and valuable advice.
Many people find themselves wondering if now is the right time to buy. To that, co-president Berkshire Hathaway HomeServices Hawaii Realty co-president Tracy Bradley says the short answer is yes.
“The current economic climate and the overall long term trends of Hawaii real estate point to the fact that it’s a great time to invest,” says Bradley.
When it comes to buying a home, she says that one of the biggest misconceptions is that owning one is out of reach. Many people from Hawaii have it ingrained in them that owning your own home is just too expensive. Roughly 40 percent of Oahu’s population rents, but with favorable loan products available, it’s worthwhile to explore having your monthly housing payment go towards your own mortgage instead of paying someone else’s.
To help those seeking more information, Berkshire Hathaway HomeServices Hawaii Realty offers First Time Homebuyer Workshops.
“Our workshops are a relaxed yet high-content evening or weekend seminar where agents, clients, loan officers and brokers come together to information-share and collaborate on how to make real estate goals reality,” Bradley says. “We host these events each month in our three offices island-wide and have a track-record of success helping those who attend find their first home purchase.”
Chad Kumagai actually attended one of the Berkshire Hathaway HomeServices Hawaii Realty workshops as a first step before buying his first place. Now, a year later, he’s been living in his new place for six months.
“It was incredibly informative and connected me with the outstanding team at Berkshire Hathaway HomeServices Hawaii Realty. I was able to ask all my questions I had about the process and was able to pre-qualify on the spot by meeting with the lender after the workshop,” he says. “It feels great to be paying toward my investment each month as opposed to writing a check to a landlord.”
To other people thinking about buying their first place, Kumagai says all you need to do is take the first step of attending a workshop and figuring out where you stand.
“What you think you might be able to afford or achieve might not be the whole picture,” he says.