WaltFlood, R

PROPERTY Management



of Waikiki


WAIKIKI SUNSET Fee Simple Purchase

Announcement: The Trustees of Queen Lili'uokalani Trust and St. Francis Medical Center have approved the sale of the Fee Simple to all the owners of units at the Waikiki Sunset Condominium.

Important Note: The final step is for the Vatican (Rome) to also approve the sale. If you continue to check our website: we will post the results as soon as the trustees announce the decision from the Vatican. Approval Date: _____________

Note: This website is NOT authorized by Waikiki Sunset AOAO, Hawaiian Island Homes Ltd. (Broker for the Sellers of the Fee Simple), Queen Lili'uokalani Trust, and/or St.Francis Medical Center.

This website is provided as a courtesy to the Owners of units in the Waikiki Sunset who may have an interest in purchasing their Fee Simple.

Click this image for more pictures.Waikiki Sunset click here to upload multliple pictures of the apartment, building, and the exterior viewsViews from the Waikiki Sunset, apartment #3512, toward Diamond Head and the Ocean.

Here are the documents that you, as a Buyer of the Fee Simple, need to read, complete, sign, and send to the Agent who will represent you over the next six (6) months in your quest of closing of escrow and owning the Fee Simple for your unit.

All these documents are in PDF  Adobe Reader

Don't have Acrobat Reader? Click here for the FREE program: Adobe Reader   Version 8.

1. Sales Contract   for the Fee Simple Interest

2. Statement of the Fee Offer   (8-pages)

3. Schedule A   Fee Simple Prices for all the units

4. Mortgage Lenders List   from the Sellers' Broker

5. Tenancy Chart   from Title Guaranty Escrow Services

6. Assignment   of the Sales Contract and Consent

7. Cooperating Broker's Agreement   the Sellers pay the commission

8. For Sale   all the MLS Listings as of Aug 27, 2007

9. Sold   all the MLS sales over the last 8-months

This might also be a good time to sell your condo: Low mortgage interest rates, high demand for vacation rentals at the Waikiki Sunset, and still walking distance to the restored Waikiki beach at Kuhio Beach Park.

Finally, if you are planning to purchase the Fee Simple from the trust, we can offer an incentive (cost saving) if you were to name Walt Flood Realty as your Representative by signing at paragraph IV. Representation by a Cooperating Broker, on the Sales Contract. Your savings: we will pay $450.00 of your closing costs, in escrow, if/when the Fee Simple is closed/recorded.

Note: On the "Statement of Fee Offer", on pages 5 and 6 it notes from a low of $1,225.00 to a high of $2,835.00 for closing costs.

If you don't have a copy of the "Sales Contract", click on the link above for this document, and the "Statement of Fee Offer"; "Schedule A" (all the fee prices); "Mortgage Lenders List"; "Assignment of Sales Contract and Consent" (to assign your leasehold property to the new Owner, who can purchase the Fee Simple); and the "Cooperating Broker Agreement".

     One of the most popular condo/hotel resorts in Waikiki. Just a block to the beach, a couple of blocks to Kapiolani Park (Honolulu Zoo, tennis courts, sports of all types, the Waikiki Shell for entertainment, and the Waikiki Aquarium).

     This AAA 3-diamond condominium resort is located at the Diamond Head end of Waikiki. There are dramatic views of majestic Diamond Head and the blue Pacific Ocean, or the lush green mountains of the Ko'olau range.

     Air-conditioned one and two-bedroom condominium suites feature complete kitchens, and are fully furnished.

     Heated swimming pool located on 6th floor.  Lighted tennis court.

     An excellent choice for families! Just 10 miles from Honolulu International Airport.

     Near shopping, dining and nightlife.  Close to a 24-hour health club.

     The location is at 229 Paoakalani Avenue, near the corner of Kuhio Avenue, Honolulu (Waikiki), Hawaii 96815.

All information contained herein is obtained from sources deemed reliable, no representation is made as to the accuracy thereof, & it is submitted subject to errors, omissions, changes & withdrawals without notice.

Walt Flood Realty * Phone: 808-922-1659 *  Fax: 1-866-912-8984 (Toll Free) * 
 2092 Kuhio Ave., #1903, * Honolulu, HI 96815-2134 * E-mail: WaltFlood(at)Hawaii.rr.com

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