Whether you are an avid real estate buyer or just starting to shop the Maui MLS search, there is always more to learn. As expert Maui realtors specializing in luxury West Maui real estate sales, we value education and information. This is why we have put together a real estate glossary that will help you learn the Hawaii real estate lingo in no time.
This special glossary of terms is unique to Hawaii real estate specifically and can help you navigate the landscape of the island chain with confidence and ease. If you are new to the Pacific and are wanting to learn new and helpful words associated with the real estate market, we can help you by providing simple definitions for some of the most common terms and some Hawaii-specific terms you can expect to hear during the closing process.
For instance, if you are looking at a property for sale, maybe you’ve been eyeing out a Kapalua condo or Kaanapali home, and you see that the listing comes with an ohana. This word isn’t being used in the same way that it was used in Disney’s Lilo & Stitch! Yes, it is true that ohana means family, but not in this reference. Instead, ohana means an extension of the home and is often used as a guest house or vacation rental.
Often you will see listings that mention lanai, such as this property at 1212 Summer Road. This location and so many others you may see reference an oceanfront lanai, and that my friends simply means you can enjoy your own selective view of the ocean from your outdoor porch.
But that is not all you will learn through our Hawaii Real Estate Glossary. You can also learn new phrases about the business as well. In terms of real estate definitions, you will find some helpful language descriptions about words you may want to know during your homeownership process, such as leaseholder or no-close loan. Spend some time looking through the glossary and see what terms are intriguing and useful for you.
If you have any more questions about real estate or real estate language on Maui, please do not hesitate to reach out to us. Give us a call or contact us through a message and one of our staff will be in touch with you shortly. In the meantime, keep checking back to our blog for the latest on Maui listings.