#fidelity national title and escrow

Overall, the total dollar volume of residential homes sold in the third quarter fell $1.428B, a 23% decrease compared to the third quarter of 2021. The previously total dollar volume was $1.841B.

Homes and Land Magazine along with several invited sponsors, honored 2022 Maui’s Top 3% REALTORS (based on 2021 production). With over 1,900 agents, 58 of Maui’s top producing agents were gathered in the first person event since the in person restrictions due to the Covid mandates set by the County.

Reta Chin from Fidelity National Title shares six important things to know about wire funds.

Maui real property taxes are due twice a year – August 20th and February 20th – and they are calculated based on the assessment of the property and how the property is used.

Reta Chin from Fidelity National Title and Escrow shares her tips on warranty deeds and the transfer of a real estate property if you are a buyer or a seller in the transaction.

When you go to sell or refinance your property and you own your property in either a trust, LLC or corporation, know that the title company are going to ask you for the following information.

In a typical real estate transaction, there is an initial deposit, an additional deposit and final funds. In Hawai’i, for the initial and additional deposit, title companies will accept personal checks – if there is enough time for the check to clear the bank before the date of recordation.

If COVID has taught us something, it has perhaps motivated you to get your estate in order for how you hold your real estate property.

April 2020 Maui Real Estate statistics are recorded and this Maui map is a breakdown of information for the first 4 months of 2020. (January 2020 – April 2020)

A sense of the slowdown in real estate activity during the month of April is apparent in the Sales vs. Pending graph from January 2019 through April 2020. There were only eight fewer recordings in April 2020, including all the escrows that canceled in mid-March. Only 39% of deals went pending for April 2020 vs. April 2019, for a total of 106 vs. 271.

High season in Maui real estate has arrived, and according to a report from Fidelity National Title & Escrow, home and condominium sales have increased from last year.

While home, condo and land sales are all down for April 2019 YTD, the median sales prices for each type of property is up, $750,000, $516,000 and $495,000, respectively.