That's our job, putting people and places together. We've been doing that for almost 25 years, and we do it well. In Hawaii, the sales contract most frequently used is a printed form developed by the Hawaii Association of Realtors. The DROA presents the buyer's price and terms to the seller along with requests for particular terms or action on the part of the seller. There are numerous types of mortgages available.
Interest rates vary with the type of mortgage, whether fixed or adjustable.
We work with a number of professional lenders and will be able to assist you in obtaining the best financing available. Title passes to the Buyer on the date of recordation at the Bureau of Conveyance of the State of Hawaii. Closing Costs Closing costs are very simply, the costs of borrowing the money for your home, securing the loan and preparing the necessary documentation to complete the sale. Loan discount points are the one-time charge to adjust the overall yield of the loan to what the current market conditions demand. There are additional costs for the search of public records to determine clear title to the property, title insurance, recordation of the deed and conveyance tax.