Open Homes For Friday April 6th

Open Homes For Friday April 6th

Open Homes Today 4/1

Open Homes Today 4/1

Helpful Information on Fee Simple and Leasehold Forms of Property Ownership

Fee Simple vs Leasehold Ownership

Most people only know of one type of real estate ownership; fee simple, also known as freehold. Hawaii and a few other states have another form of ownership known as leasehold. The difference in these two types of land tenure is very different and affects the value of the real estate. It is important to know the difference, especially if you’re buying real estate in a leasehold state.

FEE SIMPLE: Fee simple ownership is probably the most familiar form of ownership to buyers of residential real estate. A fee simple buyer is given title to the property, which includes the land and any improvements to the land in perpetuity. In the case of a condominium the purchaser would own a pro-rata share of the land. Aside from a few exceptions, no one can legally take that real estate from an owner with fee simple title. The fee simple owner has the right to possess, use the land and dispose of the land as he wishes–sell it, give it away, trade it for other things, lease it to others, or pass it to others upon death.

LEASEHOLD: A leasehold interest is created when a fee simple land-owner (Lessor) enters into an agreement or contract called a ground lease with a person or entity (Lessee). A Lessee rents the land from the Lessor for the rights of use and enjoyment of the land much as one buys fee simple rights; however, the leasehold interest differs from the fee simple interest in several important respects. First, the buyer of leasehold real estate does not own the land; they only have a right to use the land for a pre-determined amount of time. Second, if leasehold real estate is transfered to a new owner, use of the land is limited to the remaining years covered by the original lease. At the end of the pre-determined period, the land may legally revert back to the Lessor, and is called reversion. At the end of the lease term many lessors and lessees have agreed on either a new lease or the Lessor may agree to sell the land to the Lessee. In the case of a condominium Depending on the provisions of any surrender clause in the lease, the buildings and other improvements on the land may also revert to the lessor. Finally, the use, maintenance, and alteration of the leased premises are subject to any restrictions contained in the lease.

Open Today Sunday February 26th

Today from 11:00 a.m. to 3:00 p.m.

435 Kai Hele Ku

Today from 1:00 p.m. to 4:00 p.m.

44 Kanani Road Unit 1-201

11 Meleana Place

160 Ahekolo Place

4301 Wailina Place, Wailea Golf Vistas: Perfection at its best!  Panoramic Ocean View 4606 sf home plus over 1300 sf of covered lanai.  Two master suites, third bedroom suite w/wetbar,  Koa cabinetry throughout gourmet kitchen, wine cellar, entertainment center with bar, solar heated pool, hot tub, wine cellar and so much more. Call for gate code 808-280-1650.

Open Sunday February 19th

Today from 11:00 a.m. to 3:00 p.m.

 435 Kai Hele Ku

Today from 1:00 p.m. to 4:00 p.m.

10 Lio Poele Place

44 Kanani Road Unit 1-201

OPEN TODAY BY APPOINTMENT
CALL 808-283-9456

321 Kulalani Dr.

11 Meleana Place

3150 Waiea Place

4000 Wailea Alauni Dr. #2003

75 Opalipali Place

Open Today Friday February 17th

Open Today Friday February 17th

Available To View By Appointment

Available To View By Appointment

Open Homes for Sunday February 12th

Open Homes for Sunday February 12th

Maui January 2012 Sales Statistics

Maui January 2012 Sales Statistics

Marvelous Maui Moon

Another magnificent moon over the west Maui mountains!

Open Homes for Friday 02/03/12

The Hansen Ohana proudly presents the following open homes to view today from 1:00 p.m. to 4:00 p.m.

10 Lio Poele Place Fantastic quiet cul-de-sac location close to schools, restaurants, beaches and all resort activities. A wonderful place to live and play.

3300 Wailea Alanui Dr. unit #18-D Directly across from world famous Keawakapu Beach is this beautiful ocean view condo just steps to the beach with toes-in-the-sand fun.

37 Ualei Place Breathtaking panoramic ocean & outer island views & warm tropical breezes intoxicate the senses & renew the spirit. An easy walk to Palauea Beach & the many world-class hotels, shops & restaurants that make up the Makena/Wailea resorts.

3723 Lower Honoapiilani Road #202 Fabulous panoramic ocean views! Incredible location! Rarely available! Nohonani is directly beachfront – and there’s only 28 units in the entire complex.

Come by and view one of these fabulous homes today!

Testimonials From Our Clients

A few days ago clients whom I had represented in their purchase of a beautiful Pukalani home sent me a gorgeous floral arrangement and kind note of appreciation. I was really touched and got to thinking that other potential clients might like to hear what others who have worked with us had to say about their experience. Please read on for just a few testimonials that clients have recently written:

Clint, We just wanted to take a minute to thank you and let you let you know how happy we were to have you working with us to find our dream condo. Your casual yet professional approach, and your honesty made us feel at ease from the very start. As Canadians buying in the US real estate market for the first time, we were often anxious through the process and had many questions, but you patiently answered every single one of them, and always in a timely manner, most often within minutes of an email or a phone message. We also appreciate that you really listened to what we wanted and you always went the extra mile to send us videos of prospective properties, since we were thousands of miles away for most of our search. Although we are so happy that our search is over, we will miss a friendship. All the best to you. Mahalo!

Sincerely,
Frank and Angie

Clint, We would like to thank you again for the wonderful job that you and your wife have done to help us buy the condo in Maui. With out you folks, it would be hard for us to acquire this a little piece of paradise. We were lucky to find you and your company. Not living on the island along with very little buying experience from us, you have made it comfortable to build the trust that made the transaction easy and possible. Your friendliness has made me feel comfortable, and I hope to have you as a friend in the real estate business. Our family is coming in April to Maui and I hope to have a chance to have yours family and mine meet to mingle and say our thank you face to face.
Sincerely,
Quoc & Annie

My husband, Jeff, and I recently had the pleasure of purchasing a condo on Maui with the guidance and assistance of Clint Hansen. We had been yearning for a home on the island. When we found a condo in the complex that we were familiar with, we called Clint and requested he look at it for us. Not only did he check it out, he sent us video! Clint’s friendly professionalism coupled with that of Noreen Koki, Escrow Officer with Fidelity National Title and Escrow of Hawaii, made buying our condo sight-unseen from Alaska a breeze. Both Clint and Noreen are technologically savvy. Most of our transactions were conducted electronically. We finally met Clint face to face when he brought the keys and met us at our new Maui home. We not only have a new island home, we have a new friend in Clint Hansen!

Mahalo, Marty

If you or someone you know is considering buying or selling a property here on Maui please call me at 808-280-2764 or email me at Clinthansen33@gmail.com any time.

Open Homes for Friday 1/27/12

Open Homes for Friday 1/27/12

Have You Heard of PPSD?

Have you heard of PPSD? I hadn’t either until I read a fantastic editorial by Gordon Clark of The Province newspaper, who  recently returned home from vacation in Kaanapali. According to Gordon PPSD is Post Paradise Stress Disorder. Click here  for the link to his very entertaining and informative article: http://www.theprovince.com/news/canada-in-afghanistan/Maui+unless+risk+horrors+PPSD/6001823/story.html If you’ve experienced PPSD or are concerned you might after your current vacation here contact The Hansen Ohana at  (808)280-2764 or 1-800-291-5535 to discuss your potential Maui property search.

Showing Two Ocean View Properties Today Sunday January 15th!

Showing Two Ocean View Properties Today Sunday January 15th!

Realtors Association of Maui December 2011 and Year End Stats

The December 2011 and Year End Statistics are now available from the Realtors Association of Maui (RAM):

Click here: RAM Stats

To discuss the Maui market in more detail, including specific market segments, areas, or price ranges please call us directly at 808-280-2764 or 1-800-291-5535.

If you or someone you know are considering buying or selling a property on Maui, call or email The Hansen Ohana, Maui’s Top Producing Real Estate Team for Three Consecutive Years.

Hyundai Tournament Of Champions At The Plantation Course In Kapalua Tentative Schedule And Pro Am Results

Hyundai Tournament of Champions / Pro Am Gallery By Rodney S. Yap Article from: Mauinow.com Thursday’s Pro-Am Gallery Results First Place Pro-Am Team — Gary Matern, Del Farmer, Jason Day, Jim Falk, and Scott Marhofer. Golf Channel Show featuring TOUR Professionals paired with a Maui Charity in a closest-to-the-pin contest on 11 Green. • Keegan Bradley – Lahainaluna H.S. Foundation • Webb Simpson – Hawaii State Jr. Golf Association • Nick Watney – Boy Scouts, Maui County Council • Steve Stricker – Friends of the Children’s Justice Center The Par-3 Closest-to-the-pin Contest Results • First Place: Keegan Bradley, 11 feet 9 inches $15,000 • Second Place: Steve Stricker, 43 feet, 3 inches $7,000 • Third Place: Webb Simpson, 51 feet $5,000 • Fourth Place: Nick Watney, 53 feet $3,000 2012 Tentative Tournament Schedule FRIDAY, January 6 8:00 am, Gates Open to the General Public 8:00 am – 5:00 pm, Fan Zone Activities including swing analysis, putting green, interactive expos, etc. 9:40 am, Aloha Kick-Off Opening Ceremonies featuring a Hawaiian blessing from The Ritz-Carlton, Kapalua Cultural  Advisor Clifford Naeole and famed musician Henry Kapono. Following the blessing, performers from the Polynesian Cultural  Center’s “Ha: Breathe of Life” will do a special presentation to kick-off the professional competition with Hawaii’s island spirit.  Spectators are urged to arrive early and experience a truly special opening ceremony. Polynesian Cultural Center’s “Ha: Breathe of Life” presentation will showcase an ancient tale of a Hawaiian boy who goes  through a journey that embodies the Hawaiian spirit. Approx. 10:30 am, First Round of Professional Competition at The Plantation Course SATURDAY, January 7 8:00 am, Gates Open to the General Public 8:00 am – 5:00 pm, Fan Zone Activities including swing analysis, putting green, interactive expos, etc. Approx. 9:30 am, Second Round of Professional Competition at The Plantation Course SUNDAY, January 8 8:00 am, Gates Open to the General Public 8:00 am – 5:00 pm, Fan Zone Activities including swing analysis, putting green, interactive expos, etc. Approx. 9:30 am, Third Round of Professional Competition at The Plantation Course MONDAY, January 9 7:30 am, Gates Open to the General Public 7:30 am – 4:30 pm, Fan Zone Activities including swing analysis, putting green, interactive expos, etc. Approx. 8:00 am, FINAL Round of Professional Competition at The Plantation Course

Unprecedented International Exposure For Christie’s International Real Estate Exclusive Affiliates

As previously proudly announced by The Hansen Ohana, Christie’s International Real Estate, the world’s leading luxury real estate network, has awarded Affiliate status to our brokerage firm Maui Estates International LLC. Wholly owned by Christie’s, the world’s leading art business, Christie’s International Real Estate is represented in more than 40 countries. Maui Estates International LLC joins this carefully selected organization of brokerages with proven records of success in both high-end property sales and exemplary client service.

The additional exposure and contacts provided by this exclusion affiliation are unprecedented as evidenced in the following article.

MOST VALUABLE SALE OF JEWELRY IN AUCTION HISTORY

MOST VALUABLE PRIVATE COLLECTION OF FASHION EVER SOLD AT AUCTION

CHRISTIE’S FIRST EVER ONLINE-ONLY AUCTION – CONDUCTED IN PARALLEL TO LIVE AUCTIONS – FETCHES OVER $9.5 MILLION

26 ITEMS SELL FOR OVER $1 MILLION; 6 ITEMS FOR OVER $5 MILLION

New York – The landmark auctions of The Collection of Elizabeth Taylor at Christie’s New York from December 3-17 realized a combined total of $156,756,576 (£100,324,209/ €120,702,563) with every single item sold. The sale drew unprecedented interest from bidders throughout the world, with 36 different countries represented during the four days of live auctions. Christie’s flagship Rockefeller Center saleroom was abuzz with people competing in person, on the phone, on-line and by absentee bid to win one of the Collection’s 1,778 lots of jewelry, fashion, decorative arts and film memorabilia. The total far exceeded Christie’s pre-sale expectations for the sale as a whole and for individual items, which were frequently hammered down for five, ten, or even 50 times their estimate.

Steven P. Murphy, Chief Executive Officer, Christie’s International, commented, “The exhibition and sales of The Collection of Elizabeth Taylor in New York have been the crowning achievement to a very strong year at Christie’s. The success of these sales, with bidders participating from all over the world, demonstrated not only a recognition of the taste and style of Miss Taylor, but also the convening power of Christie’s.” This historic sale set a world record for the most valuable sale of jewelry in auction history, and set a new bar for the most valuable collection of fashion ever offered at auction. It also marked the company’s first-ever Online-Only sale, which ran in parallel to the live auctions at Christie’s New York and generated over 57,000 bids and $9.5 million in additional sales. In total, 26 items sold for over the $1 million mark, and numerous new world auction records were achieved – a testament to Miss Taylor’s expert eye for craftsmanship, rarity, and quality in all of the items she chose for her personal collection.

During this four-day event that captured headlines worldwide, record numbers of auction attendees were exposed to the Christie’s International Real Estate Bespoke Marketing Program through the prominent exhibit of property brochures on display in the lobby.
Article from: Christie’s International

PGA 2012 Hyundai Tournament of Champions Field Set For January 5-9 At Kapalua Resort

Field set for 2012 Hyundai Tournament of Champions By Maui Now Staff Article From: Mauinow.com The field for the 2012 Hyundai Tournament of Champions will include 28 champions from a combined 34  PGA TOUR events from 2011. The winners-only field will compete for the first 2012 PGA TOUR title as the FedExCup regular season kicks  off January 5-9 at The Plantation Course at the Kapalua Resort. “The field includes an interesting continuation of what happened on TOUR in 2011, with established veteran  players like Steve Stricker, THE PLAYERS champion K.J. Choi and David Toms playing at Kapalua,” said Nancy  Cross, Tournament Director. “The Hyundai Tournament of Champions will also host a number of players who emerged in 2011 and  captured the imagination of our fans with compelling performances on big stages,” said Cross. The Next Generation: Young stars in the Hyundai field include: FedExCup champion Bill Haas, PGA TOUR Rookie of the Year and  major champion (PGA Championship) Keegan Bradley, and multiple 2011 tournament winners Webb  Simpson and Nick Watney. Tournament officials say, of the players in the field, 13 won events in 2011 while they were still in their  twenties. Rookies included in the 2012 Hyundai Tournament of Champions lineup include: Jhonattan  Vegas (Bob Hope Classic); Brendan Steele (Valero Texas Open); Chris Kirk (Viking Classic); Scott  Stallings (The Greenbrier Classic); and Keegan Bradley (HP Byron Nelson Championship and  PGA Championship); The Veterans: Steve Stricker, Bubba Watson, K.J. Choi, David Toms and Mark Wilson are among the veteran contingent.  These five have a total of 39 TOUR wins between them. Sticker will be playing in the event for the sixth time. Hi best performance on Maui was in 2008 when he  recorded a playoff-loss to Daniel Chopra. Stricker won multiple times on the PGA TOUR in 2011, taking  titles in both the Memorial Tournament and the John Deere Classic. Watson won twice in 2011 with a victory at the Farmer’s Insurance Open, and the Zurich Classic of New  Orleans. Tournament officials say Watson had one of the more memorable shots in Hyundai  Tournament of Champions history when he carved a driver off the fairway that reached the green in two  on the par 5 18th hole. Choi is playing in his sixth Hyundai Tournament of Champions and also has a runner-up finish, when he  finished T2 in 2003 to Ernie Els. Choi defeated fellow veteran David Toms in a playoff at the famous  island-green 17th hole at THE PLAYERS to qualify for this year’s field. Of the players in the field, David Toms, 45, has the most top-10 finishes at this event (4). Toms 13 career  PGA TOUR victories are also the most of any player in the field this week. This is Toms’ eighth time in his  career appearance at the Maui event, with his best finish to date recorded in 2002 with a runner up spot. Mark Wilson had victories at the Sony Open in Hawaii and the Waste Management Phoenix Open in 2011.  He makes this his third trip to Kapalua The Final Field includes the following: Aaron Baddeley; Keegan Bradley; Michael Bradley; Jonathan Byrd; K.J. Choi; Ben Crane; Harrison Frazar;  Lucas Glover; Bill Haas; Chris Kirk; Martin Laird; Bryce Molder; Kevin Na; Sean O’Hair; Scott Piercy; D.A.  Points; Rory Sabbatini; Webb Simpson; Scott Stallings; Brendan Steele; Steve Stricker; David Toms;  Jhonattan Vegas; Johnson Wagner; Nick Watney; Bubba Watson; Mark Wilson; and Gary Woodland. ***Fans and spectators are invited to come to the Aloha Kick-Off opening ceremonies at around  9:30 pm. (45 minutes prior to the first tee time) on Friday, January 6, 2012. Tickets for competition rounds Jan. 6-9 are on sale now at www.pgatour.com/Hyundai. Limited spots  in the tournament’s pro-am on Thursday, Jan. 5, remain available. The tournament dates for official play for the 2012 event begin with the Pro-am on Thursday, January 5,  continuing with four rounds of professional competition Friday, January 6, through Monday, January 9

Total Spending By Visitors To Hawaii Has Grown Every Month Since May 2010: Maui Visitor Spending And Arrivals Continue Growing

Maui Visitor Spending, Arrivals Continue Growing By Sonia Isotov Article From: Mauinow.com “Continued growth in visitor spending is a strong indication that Hawaii’s tourism economy is improving,” said  Mike McCartney, the president and chief and executive officer of the Hawaii Tourism Authority (HTA), in a  written statement today. For the state, visitor spending rose 15.1% to $11.3 billion during the first 11 months of 2011. On Maui, visitor  spending rose 12.9% to $249.5 million during the same 11 month period. Statewide, total visitor days for all visitors rose 4.9% and total arrivals remained ahead (+3.4%) of last year at  6,600,776 visitors, according to preliminary statistics released today by the HTA. On Maui, total visitor days  for all visitors rose 4% and total arrivals remained ahead (+4.2%) as well. The HTA expects to end this year  with year-over-year growth in visitor expenditures. Total arrivals in November 2011 rose 2.6% compared to last November to 566,672 visitors, and Maui  received 165,239 visitors compared to 162,153 visitors last November, or a 1.9% increase. For the month of November 2011 alone, total visitor spending grew 8.2% (up $73.5 million) from November  2010 to $972.5 million, while visitor arrivals were up 2.6% from a year ago. Total spending by all visitors has  risen every month since May 2010. Higher daily spending ($186 per person, up from $179 per person in  November 2010) contributed to the growth in total visitor expenditures. “The HTA’s focus on Asia and emerging markets is paying off with growth in visitor spending and arrivals  from Asia, including Korea, China and Japan. In November, air seat capacity from Japan increased 10.5%  due to increased service and an additional 5,796 charter seats to Hawai’i. The average daily spending from  Japanese visitors also increased, resulting in a 20% growth in visitor expenditures,” added McCartney. Total arrivals by air only in November 2011 increased 3.6% to 555,630 visitors. Japanese arrivals grew  4.7%, the third consecutive month of increases. Arrivals from Canada (+5.1%), US West (+0.6%) and US  East (+2.0%) were also higher compared to November 2010. Arrivals by cruise ships fell 32% from  November 2010 to 11,042 visitors. For the first 11 months of 2011, total expenditures by Canadian visitors rose 26.5%, supported by strong  growth in arrivals (+18.8%) and higher average daily spending. Total expenditures by US West (+6.9%) and  US East (+9.5%) visitors continued to increase while US West (+1.9%) and US East (+2.0%) arrivals remained  above year-to-date 2010. Total Japanese visitor expenditures increased 8.1%, even though arrivals were  lower (-5.4%) than the first 11 months of 2010. “The growth from these markets are helping to offset the drop in spending from the US West and US East  that may be attributed to an increase in prices, as well as a recovering US economy,” explained McCartney. November was also the month of the Asia-Pacific Economic Cooperation Leaders’ Week (APEC) which the  HTA used to promote Hawai’i as a global meetings destination and highlight the Hawaiian Islands’  centralized location in the Asia-Pacific region. McCartney said, “As anticipated, overall arrivals during  November showed modest growth compared to 2010, but the recent increases in arrivals and spending  from Japan and other Asia are also indicators of the significance of the Asia-Pacific region and the potential  long-term impact that APEC will have on our community.” “It is also important to note that the visitor data for November 2011 does not include APEC attendees who  arrived via private planes or government transportation that is not captured by our research, as well as  ancillary business spending that includes security expenses, equipment rental fees, meeting rooms,  private parties and other expenses,” said McCartney. “As we head into 2012, we anticipate seeing an increased shift of our visitor profile with a growing number  of visitor arrivals from the Asia-Pacific region. With new flights by Air Australia and Asiana Airlines, as well  as increased service by Hawaiian Airlines to South Korea, we see potential to capitalize on opportunities  and will continue developing these markets while building on recent gains that will help to provide jobs  and stimulate our state’s economy.”