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Owner, Green Tara Investments LLC
12. Land that is simply too much of a trek to travel out and deal with
Sellers who want quick turnaround
Almost none. We do all the work.
Nothing. Zero. We pay for research, title, closing.
High. We use our own money.
Less than a month
When you have time to wait and watch
Quite a bit. Chasing the agent, site visits, document review
Commission (6-12%), closing costs, and concessions
Medium. After weeks of contract, buyer financing may not happen
3-12 months, at times longer.
Patient sellers, those with knowhow
A lot. Marketing, site visits, negotiations, document review
2k to 5k. Title Insurance, Listing fees, Legal expenses
Low. Finding an eligible cash buyer is like finding a needle in a haystack
0.5 to 2 years. You are the resource, no external help
Mandatory Cesspool Conversion Burden (Act 125): Under state law, all Hawaiʻi cesspools must be converted to septic or aerobic systems by 2050. Upgrading costs run between $25,000 and $50,000+ per parcel, causing traditional retail buyers to demand steep price cuts or cancel contracts during escrow.
Agricultural Tax Loss & Assessment Surges: Agricultural zoning tax breaks require strict proof of commercial farming, approved farm plans, or minimum revenue thresholds. Fallow or unmaintained land risks losing its Ag assessment tier, causing property taxes to revert to full market value.
Lava Hazard Zone Financing Lockouts: Parcels in Lava Hazard Zones 1 and 2 (primarily on the Big Island) face severe insurance shortages and traditional mortgage rejections. Direct cash buyers purchase without lender appraisal or insurance restrictions.
State Land Use & SMA Permitting Friction: Developing or modifying land in Agricultural or Conservation districts requires complex State Land Use Commission (LUC) reviews and Special Management Area (SMA) shoreline permits. The 12-to-24-month approval timelines routinely drive away individual retail buyers.
High Days on Market & High Escrow Fallouts: Raw land in Hawaiʻi averages 180+ days on the retail market. High interest rates, remote utility requirements, and survey challenges lead to frequent buyer dropouts late in the transaction process.
Title & Kuleana Ownership Friction: Fractional family ownership (heirs’ property) and historic Kuleana land rights frequently create cloudy title trails. Clearing title through court actions is costly and slow, whereas direct cash buyers handle title resolution at zero out-of-pocket cost to the seller.
Sources:
We perform in depth due diligence on the land and may request you for additional information. We use trusted 3rd party title companies and notaries to open escrow and begin title examination.
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