2-bedroom, 1-bath condo unit in a convenient location. Easy access to bus lines, exit and entrance to the freeway. Short distance to Waikele Shopping Mall. Restaurants and business areas close buy. Only first homebuyer, with income not to exceed 120% of the area median income (AMI), and buyer must live in the unit for first 5 years of ownership. If the owner decides to sell, HHOC will have the right of first refusal. It means that HHOC will buy-back the unit per the terms in the deed restrictions that buyer must review and sign. It is an integral part of the contract. The Purchase Addendum, which spells out the deed restrictions, is attached to the MLS as a supplement. Buyer and buyer agents are encouraged to perform their due diligence including but not limited to the parking stall, maintenance fee and other terms that maybe relevant to the ownership of this condo. Please review the Purchase Addendum. The seller requires that the buyer complete the the homeowner education & counseling through Hawaii Home Ownership Center during escrow. For income qualification purposes, the seller asks the buyer to provide their current three years income tax returns for review.
Listing courtesy of Legal Realty.
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