Is It A Good Time To Buy Real Estate Property on the Island of Kauai

Should I Buy Real Estate in Kauai? Yes!

This is the time to purchase real estate in Kauai. With the economy turning around, tourism found on the upswing, and prices at or near rock bottom, your best occasion to buy an investment property that may produce positive cash flow, or simply to finally make your retirement or vacation home is now. Seek a home inspector before final contracts are signed.

home inspector

Condominiums which were selling for $250,000 to $450,000 at the height of that you can purchase around the time of 2006 have leveled off at about $80,000 to $150,000 now. As soon as the economy crashed, a lot of Kauai’s properties were held by mainland owners as rentals, or second/third homes. In the event the financial troubles hit owners over at their primary residence, they did that which was usually the only financially prudent endeavor: they left their Kauai properties …

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