Have you seen lots of land for $75k and homes for $150k on Zillow on the Big Island? Are you thinking, this is a way to make living in Hawaii actually a reality for you? We created this video to help you think twice before you think you found a way to crack the affordable housing solution in Hawaii.
We sat down with Andy Madrid, KW Big Island, and one of our referral partners to give you the real deal on the "steals" you think you are getting in South Hawaii and why they may be steals and not deals.
Things to consider:
Risky lava zones
Unpermitted structures
Inability to get insurance
Having to pay cash and only being able to sell to a cash buyer
Thousands of dollars in clearing and permitting fees
Deep rural area
Here is a map of Hawaiian Oceanview Estates and seeing the lava inundation zone:
https://www.researchgate.net/figure/Flows-that-originated-from-the-rift-segment-directly-above-the-target-area-are-grouped_fig4_237825179
Lava Zone Hazard Map: https://en.wikipedia.org/wiki/File:Hawaii_Volcanoes_Hazard_Map.svg
Thanks to Andy for lending his insights and perspective.
Andy Madrid, Realtor, KW Big Island - [email protected]
Eric and Julie Ziemelis are the 365Hawaii Group REAL Broker. We offer marketing expertise to home sellers with a large group of buyers from our private Facebook group. For Buyers, we offer expertise and resources to ensure we remove the uncertainly from the experience! We also partner with these fabulous Realtors and mortgage pros to help you buy or sell around the island. Looking for connections? Contact us!
Join our 365Ohana on www.365HawaiiLiving.com if you'd like to purchase a home on Hawaii Island or be referred to agents on other islands!
Eric Ziemelis | RS-80376
Julie Ziemelis | RS-85062
365 Hawaii Group
REAL Broker LLC
[email protected]
www.365hawaiiliving.com