How much of a down payment do we need to be competitive in today’s Hawaii market?

Megan from Wisconsin (who is also a member of our Islander Ohana) asks:

Hoping to purchase a second home in Hawaii this year. Is 5% down with no contingencies acceptable or do we need to save up a bit more for the 10-20% or more to make an aggressive offer?

.

This short clip came from our Aloha Friday Hawaii Real Estate Show which goes live every other Friday on our Hawaii Real Estate YouTube channel or our Living in Hawaii Facebook page

Get educated about Hawaii’s real estate from trusted experts with decades of experience.   Send us yours via the form below for consideration and make sure you give your name and location so we can give you a shout out if we decide to answer it!

Open form in mobile browser