Delmore Realty recently represented the Buyers who purchased Kehalani Gardens #1405 condominium. The purchase was a multiple offer situation for the Fannie Mae-owned REO unit. Fannie Mae REOs are excellent opportunities for a buyer to purchase via Homepath financing. Homepath financing can be a wonderful low-downpayment option for Buyers – and no appraisal is required, which can make the purchasing process even easier. Due to the desirability of Homepath properties, multiple offers are not uncommon. The Buyer who won the “bidding war” did get in paying over the asking price – which is a common necessity in this competitive buying market.
Let Delmore Realty help you buy your next Maui home. Call Kimberly Delmore R(B) 808-298-6655 or any of the other agents at Delmore Realty at 808-242-1467. We look forward to hearing from you.