Maui Premier Real Estate

Time to Build A Dream Home…Haiku, Maui

Mark Morris — Sun, 06 May 2012 09:00:29 +0000

Aloha Friends!!

Here is an amazing piece of paradise…waiting just for you! Build your own private dream home on the makai (ocean) side of Haiku, Maui, and savor life…forever

Located on the ocean side of Hana Highway, this large lot is one of the best subdivisions in Haiku-Manawai Homesteads. This lot has spectacular ocean views and varied terrain and is protected from the winds by a row of mature trees. It is about a 5 minute drive to Haiku town, 10 minute drive to Paia, and 20 minutes to the airport and Kahului. The subdivision has a paved road with electric, phone, and county water meter. Possible two lot or more subdivision-Buyer and Buyer’s agent to conduct their own due diligence with the County of Maui. Come and build your dream home here! Owner finance is possible with 25% down.

Side note: During the winter months, this location provides a great vantage point to watch the Humpback Whales migrate and play during their annual visit…

Check out the pictures… This home is easy to show…just email me at MarkMorrisOnMaui@Gmail.com, or send me a text at 808 344 7855

A RARE FIND IN SPRECKELSVILLE!! Northshore, Maui

Mark Morris — Mon, 30 Apr 2012 08:34:36 +0000

This is a RARE FIND IN SPRECKELSVILLE offering location, privacy, ocean views and all within easy walking distance to the beach and Maui Country Club. This quality custom home, designed by Fred Loesberg and built by Seaside Construction, features hardwood floors, a lovely spacious kitchen, 3 bedrooms, 3.5 baths and an outdoor shower. The main suite has a large en-suite bathroom and the second floor has peek-a-boo views to the ocean. Downstairs a large living area could be used for a family room, entertaining or a fitness room. The separate garage has two office/storage spaces for extra living and the large two car garage has plenty of storage for all your toys. The private backyard is gated, secure and ready for you to install a hot tub or lap pool. Also, the low maintenance garden has a variety of fruit trees and space for a garden. This property is ideal for the ‘lock and leave’ lifestyle, for homeowners that travel or spend only part of the year on Maui.

Ahhh…(sigh), can’t you just imagine those daily walks on Baldwin Beach…believe me, it’s the best!

This home is easy to show…just email me at MarkMorrisOnMaui@Gmail.com, or send me a text at 808 344 7855

Check out this sweet video on You Tube…It makes this home all the more a real possibility…Maui Love

http://youtu.be/ENgTotI7Obw

Ku’au Bayview Home Price Reduction!! 38 North Laelua Place, Ku’au Maui

Mark Morris — Thu, 26 Apr 2012 08:20:49 +0000

Aloha Friends!

Check out my listing in Ku’au Bayview…The price was just lowered, and ready for a quick sale and a perfect situation for a new buyer, newlywed couple, a part-time resident, or a family’s first starter home.

This cute 3 bedroom 2 bath bungalow offers the best Paia has to offer and all from this pleasant subdivision in Paia – Kuau Bayview. Just a five minute walk away from paia town and 200 yards from the ocean. Super convenient for daily walks on the beach, an early morning surf, an intimate dinner in Paia town, an evening Yoga class, or a quick run to Kahului Airport! Make this home your dream home on Maui’s Northshore!

Check out the pictures… This home is easy to show…just email me at MarkMorrisOnMaui@Gmail.com, or send me a text at 808 344 7855

Mahalo Nui Loa!!

Maui County Vacation Rental Legislation Being Finalized

Mark Morris — Wed, 29 Feb 2012 17:34:12 +0000

http://www.mauinews.com/page/content.detail/id/558569/Panel-advances–fair–short-term-rental-bill.html?nav=10

KUAU BAYVIEW – 38 N. LAELUA PLACE – PAIA TOWN

Mark Morris — Wed, 15 Feb 2012 23:16:00 +0000

Great new listing in Paia, in the nice neighborhood of Kuau Bayview.

Have a look at the link that shows the listing – all for only $549,000:

http://www.mauipremierrealestate.com/Results.php?StaticPageID=4afa056f5c57c&WhatAgent[]=22863&WhatSortType1=Class&WhatSortDirection1=DESC&WhatSortType2=ListPrice&WhatSortDirection2=ASC&FeaturedList=yes&PageTitle=Featured%20Maui%20Listings&Show=Full&WhatNumber=1&WhatPage=3

Call me today at 808 344 7855 for more information.

Transient Vacation Rental Issue Left Undetermined

Mark Morris — Wed, 01 Feb 2012 17:25:25 +0000

Maui County continues to wrestle with the issue of TVRs – Transient Vacation Rentals. See the article enclosed for more details on the latest debate:

http://www.mauinews.com/page/content.detail/id/557680/Council-delays-action-on-TVR-caps.html?nav=10

This is an important issue for anyone planning on buying a home on Maui and renting out rooms or ohanas to tourists, for any period less than a 6 month lease.

2011 Maui Real Estate Statistics

Mark Morris — Tue, 17 Jan 2012 18:12:19 +0000

http://www.ramaui.com/UserFiles/File/Stats/All-Dec2011.pdf

Last year’s statistics are in and show good signs that we are finding some stability in the marketplace, although the advent of more shortsales and foreclosures being released on to the market this year will most probably curtail any significant market recovery in terms of prices.

Canadian Buyers – Should I use a Canadian or American Bank for a Mortgage in Hawaii?

Mark Morris — Fri, 04 Nov 2011 21:20:05 +0000

A common question I get from my Canadian clients buying real estate on Maui is:

Should I use a Canadian or American Bank for a Mortgage in Hawaii?

I have many Canadian clients that want to use RBC USA for example to get their mortgage for a Hawaii purchase. I have one that was successful, it was a long hard push to get RBC to approve the mortgage for a second home in Hawaii.

So frankly, I still prefer the local banks because the mainland banks, even the USA based banks, are not great about lending in Hawaii. They don’t do enough business for them to really understand the market well – appraisals, the condition of HOAs in the case of condos etc…

Also, the mainland banks don’t know the down payment requirements for each condo complex on Maui. Some complexes vary depending on the current market or the condition of the homeowners association. This last fact can make working with a mainland lender even harder because they simply can’t answer quickly what you need to put as a downpayment. This can make the difference between getting a great deal and losing an opportunity because the bank can’t get you the info you need to place an offer.

Please note that many vacation rental buildings need 30% down payment, sometimes as much as 40% for Canadians, the latter is less common but it occurs nonetheless.

If you are interested in buying real estate on Maui, call me at 1 808 344 7855 and I’ll introduce you to some good mortgage brokers here that will shop around your mortgage and get you the best rates.

Mark Morris R(S)

Coldwell Banker Island Properties

Canadians Arriving On Maui

Mark Morris — Wed, 02 Nov 2011 18:52:50 +0000

With Air Canada and Westjet both offering offering multiple daily flights to Maui, Canadians are again streaming into Hawaii, as the weather starts to get cold back in Canada. I saw the temperatures in Vancouver this week were near zero celcius, so no wonder Canadians want to visit Maui and the other Hawaiian islands.

I have noticed an increase in the number of Canadians at my open houses in Kihei and Wailea, and I have also met a lot of Canadians in my office in Paia, on the Northshore of Maui.

Reports are indicating that the resorts and hotels are all experiencing a higher than average reservation rate than over the past four years, so we hope we are in store for a better year economically in the islands.

Opportunities to buy real estate at a reasonable price still exist, but in some areas of the island a decrease in inventory may indicate we may see a turn in the market as supply decreases.

If you are visiting from Canada, and are looking for real estate to purchase on Maui, please contact me at 808 344 7855 or email me at MarkMorrisOnMaui@Gmail.com

As many of the followers of my blog know, I was born and raised in Canada and I love working with Canadians that are moving here to Maui!

Aloha,

Mark Morris R(S)

Changes in Visas for Canadians – Canadians may come to be able to stay longer in Maui, Hawaii

Mark Morris — Sat, 29 Oct 2011 18:50:30 +0000

Great News for Canadians buying real estate on Maui!

New proposed visas for Canadians wanting to come and stay longer in the USA may be approved soon, pending approval of the legislation by the US Congress.

The Retirement Visa will allow Canadians age 50+ to spend as much as 240 days annually in the US Sunbelt without worrying about immigration issues, plus they will be able to save a great deal of income tax to boot.

Incredibly, we are getting some action in the US Congress and some believe since it is bipartisan, and being pushed by some senior Senators, that it has a good chance of passing this time around.

The bill, S. 1746, also proposes a homeownership visa that would allow Canadians of any age to live in the US year-round and save a bundle in income taxes too. To qualify, a Canadian would need to spend at least $500,000 in acquiring a US home and other US residential property.

This visa bill will cost virtually nothing, yet it will be an incredible jobs creator while simultaneously helping Canadians reduce their taxes and enjoy a lower cost-of-living lifestyle in a warm climate, without snow!

Although Canadians will not be able to work on the retirement or homeownership visas, these visas provide a bridge to a work visa with proper immigration planning.

Don’t expect it to become law within the first quarter of 2012, unless a major obstacle is thrown at it, and it is delayed until after the 2012 US elections in November.

If you have questions or want to discuss your current options for living on Maui, call me Mark Morris R(S) at 808 344 7855 or email me at MarkMorrisOnMaui@Gmail.com

Aloha, Mark

For more information on the new visas being proposed for Canadians, you may consult with the US State Department or read this blog post:

http://forum.keatsconnelly.com/yaf_postsm929_Text-of-S-1746-Section-5-Retiree-Visa-and-Section-8-Homeownership-Visa.aspx#929