Video and Pix of 85-549 Momona Place, Open House 9/21/25

Contact Real Estate Agent Tangee Lazarus at 808-600-6937  to put in an offer!

Exterior of 85-549 Momona Place. Located on a cul de sac so there’s no traffic, yet walking distance ftom Farrington highway, beaches, and the commercial district
Living room view as you enter the front door. Notice the windows and high ceilings
Kitchen island and internal view of front door
Primary bedroom, separated from the other three rooms by the living room and kitchen yo maximize privacy.
Kitchen island and view of side door leading outside
New fridge and hallway
Popular walk in shower in bathroom off of primary bedroom
Second bedroom
Patio and view of wrap around pathway and view of the fence line and garden area
Another room for any use
Video of first look at 85-549 Momona Place
Patio area outside of the kitchen door

Wrap around pathway and view of spacious driveway

Sample Back-up Offer Real Estate Addition to a contract

Tomorrow, Sunday, September 21, 2025, I’m hosting an open house for a house.  The home is in Waianae, 85-549 Momona Place. The listing price is $625,00. Of course, I will attach pictures in the following post.

The Seller wants back-up offers

There is already an offer the seller is contractually bound to accept unless certain conditions are not met.  For example, I will sell you the house unless you cannot get a loan or enough of a loan to cover the listing price. The deal falls apart. At this time, the seller cannot accept a back-up offer. There are no limits ti the number of back-up offers accepted. However, the offers will be considered in order of submission.  Uf the original deal fails, then back-up #1 becomes the offer.  If the second deal fails, the second back-ip moves into the primary contract position position.  And so on.

Sample Coldwell Banker Addendum (contract addition) that covers back-up offers

Backup Offer Addendum to Purchase Contract

(Hawaii Association of REALTORS® Form Addendum – Sample Draft)

Property Address: _____________________________________________

Buyer: _____________________________________________

Seller: _____________________________________________

Date of Original Purchase Contract (Primary Contract): __________________________

—

1. Backup Offer Status

This Purchase Contract is accepted as a Backup Offer.

2. Effectiveness

This Backup Offer shall become the Primary Contract only upon:

Written cancellation of the Primary Contract, and

Delivery of written notice of such cancellation to the Buyer (or Buyer’s Agent).

3. Rights of Buyer

Until this Backup Offer becomes the Primary Contract:

Buyer shall have no enforceable rights in the Property.

Seller remains fully obligated under the Primary Contract.

4. Commencement of Deadlines

All contingency periods, performance deadlines, and the Closing date shall begin on the date Buyer (or Buyer’s Agent) receives written notice that this Backup Offer has become the Primary Contract.

5. Multiple Backup Offers

Seller reserves the right to accept additional Backup Offers, provided that all such offers clearly state their position (Backup #2, Backup #3, etc.).

—

Acknowledgement & Agreement

Buyer:
Signature: _____________________________  Date: ___________

Seller:
Signature: _____________________________  Date: ___________

Buyer’s Agent (Coldwell Banker Realty):
Signature: _____________________________  Date: ___________

Seller’s Agent:
Signature: _____________________________  Date: ___________

Back Up Offers Sought for Waianae Open House on 9/21/25

Every Sunday I host an Open House on Oahu

This is Hawaii’s Tangee Lazarus REALTOR(c), ( RS- 87870). I am associated with Coldwell Banker and I host open houses for a number of reasons.  Of course, every agent wants to connect with buyers who do not already  have an agent. If someone has an agrnt, ethically, that represented person is strictly off limits.  It is not acceptable to present oneself as an alternative agent, and try to “snake” a client. Looking for clients is an ever-present adventure and open houses often create opportunities that are mutually beneficial.  However,  there are other reasons to host open houses. I will focus on one of the reasons that has come to interest me.

Every listing has a story

The properties are added unique as the peopke, of course, and interestingly, the missions of the open houses differ too.  It is not just about gibding a buyer, end of story.

Recent Open House History

  • August 31, 2025, I hosted 1621 Dole Street #705. This is a fixer-upper that is priced to sell. A buyer needs to get a contractor to look at the property and design a proposal to do the work. The cost of the work will be approved by a lender.  Still available with a price drop!
  • September 07, 2025, I hosted 91-1159 Kamakana Street #715, Ewa Beach. This split-level, 3/2.5 has a VA assumable loan.  Anyone, not just veterans, can take advantage of the option to take over the loan at an amazing  2% interest rate. They just need some additional funding and I have personal relationships with bankers who can make financing happen if there is any possibility at all. The price just dropped by $20,000 and it is still available.
  •   September 14, 2025, I hosted 98-288 Kaonohi Street #3901, Aiea. The magic number is 2: bedrooms, bathrooms, covered parking. Conversations with neighbors revealed that the high floors in the building are unofficially called “the Penthouse. ” The view is spectacular. One can see Diamond Head to the left, the route to the North Shore to the right, and in the center, there is a bird’s-eye view of Pearl Harbor and the Arizona Memorial.  The clear visibility of the Honolulu rail trains,  which pass each other going in opposite directions on curved tracks, completes the “wow” factor.  Perfect for first-time homebuyers. Still available!
  • September 21, 2025, I will be at 85-549 Momona Place in Waianae. The interesting story here is that the buyer is seeking backup offers. What is a backup offer? Right now, there is an offer in place, and the property is reserved for that buyer, unless something changes. Yes, when buyers start looking for property, a lender will give them a pre-approval letter stating how much of a loan they may get. But, if their credit changes for the worse due to ramped-up credit card use or job loss, the financing won’t happen.                                        Or, the house might be professionally appraised for less than the agreed-upon price. For a simple example, we agree I will buy the home for $200 and I ask the bank to lend the cost. But the home is professionally appraised at $100. The bank says “No way! If you default and we have to foreclose, we cannot recoup the cost of the loan.” I could ask the seller to reduce the price the but …the seller refuses out of the belief that the property will sell for the asking price. No deal.

When the deal falls apart, the seller’s agent acknowledges the cancellation in writing, and can then move on to the first backup offer. The home does not have to get listed all over again. The backup buyer can step right into the process.. (Note: once the seller is contractually bound to a buyer, the seller cannot just toss out the offer if a better offer comes along. The deal must fall apart first through no influence of the backup.)

How likely is it that a backup gets the property?

It happens.  It is not rare or surprising. If a person wants the property and it has not closed, put in an offer if backups are welcome.

Transparency

I want to be clear about the high demand for the Waianae listing, and the fact that there’s no guarantee the backup will move into the first position. But, such is life. If we had guarantees it would be boring!

Any Property Interesting?

If you are interested in the stories…if you understand we are in a buyer’s market…if you see the interest rates dropping…if you have been pre-approved AND do not yet have an agent, call or text me directly. We can do this!

808.600.6937
808.367.4278

Tangee Lazarus contact #

#openhouse

#waianae

#backupoffers

#hawaiirealestate

#tangeelazarus

#coldwellbanker

2nd open house 9/28/25 HAWAII CONDO–breathtaking AND affordable! Still available 9/20/25

I held an open house in Aiea, Oahu, Hawaii on 9/14/25.  “Open House”/s means the door is open to the public, and everyone is invited in, to take a look, in contemplation of purchase. The property is SO amazing I  want to continue the Sunday 9/14/25 open house by keeping the door open, so to speak, in my blog.

MUST HAVES

This condo checks all the boxes. What does this colloquialism–checks all the boxes– mean? One way of describing something inheriting is to list the object and beneath the object make a lunar of descriptive words about said object. When comparing two or more objects, readers may place a check mark next to each item they like on the lists. The object with the most check marks is the winner. Usually, an object people won’t like every single feature of the thing being described. However, if the item is exceptional, people may put a check mark next to every feature. Thus, the item fully meets their desires/needs and it  “checks all the boxes.”

It means , when you look at a list of adjectives used to describe som and you see something you like, you tend to put a check mark next to that item. When people say something “checks all the boxes,” they mean the item about which they speak, has so many desirable qualities, that if these qualities were put on paper,  there’d be a check mark next to every individual feature, thus, fully satisfying the speaker.

Here is a long list of features that describe 98-288 Kaonohi Street

  • Amazing view
  • Convenient location
  • Cable/wifi included and the technology is the latest version
  • Soundproof unit
  • 2 bedrooms, with wraparound windows that showcase the view over Pearl Harbor and beyond.
  • 2 covered parking spaces
  • Impeccable maintenance–you can tell a lot when the fire exits are spotless
  • Secure–you need the key fob to go to your floor in the elevator and you can only go to your floor.  Ever-present onsite management /security keep watchful eyes on the cameras. This vigilance discourages trespassers. There are no random people “tailgating” or following residents in to hop on the elevator headed for some unknown floor.
  • Pool, 8 feet deep on one end, gym, and sauna.
  • Pet friendly.

See what I mean about checking all the boxes?  It is the view that will blow you away from the 38th floor.  And it is still available.

Call or text me at 808-600-6937.