JTip
Elite Member
- Joined
- Oct 12, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Pennsylvania
Digging through some basement boxes, I stumbled upon a neat treasure.
Back in '79 my parents went to Hawaii. Big expensive trip for the day. 2 weeks of memories while I stayed with grandma. :icon_mrgreen:
Anyways, I found a very interesting real estate ad book. A good 30 pages of ads for condos, land and homes. Condos were being offered for $150k-$175k, homesites for $25k-$50k. My favorite was a 7 acre parcel that offered private beach front and mountain access to the back, complete with a modern (for the time) ranch style home. All yours for $750,000. :laugh: I'll take two.
The thing that caught my eye in a few ads was the very prevalent marketing term 'fee simple ownership'.
I know we have one or two representing the 50th state. Just wondering is this an unusual amenity? What rights would you be missing owning land in Hawaii?
Thank you.
Back in '79 my parents went to Hawaii. Big expensive trip for the day. 2 weeks of memories while I stayed with grandma. :icon_mrgreen:
Anyways, I found a very interesting real estate ad book. A good 30 pages of ads for condos, land and homes. Condos were being offered for $150k-$175k, homesites for $25k-$50k. My favorite was a 7 acre parcel that offered private beach front and mountain access to the back, complete with a modern (for the time) ranch style home. All yours for $750,000. :laugh: I'll take two.
The thing that caught my eye in a few ads was the very prevalent marketing term 'fee simple ownership'.
I know we have one or two representing the 50th state. Just wondering is this an unusual amenity? What rights would you be missing owning land in Hawaii?
Thank you.