Oahu Real Estate: Frequently Asked Questions
Honest, straightforward answers to the questions buyers and sellers ask us most — from Your Oahu Home Team, a Mililani-based husband-and-wife team brokered by eXp Realty with 78+ closed transactions and a 99.8% sale-to-list ratio.
How much do I need for a down payment to buy a home on Oahu?
It depends on your loan. VA loans allow $0 down with full entitlement. FHA loans start at 3.5% down, and conventional loans can be as low as 3-5% for qualified buyers. First-time buyers may also qualify for Hawaii assistance programs. We'll connect you with trusted local lenders to find the right fit.
How long does it take to buy a home on Oahu?
From offer acceptance to closing typically takes 30-45 days. The home search itself varies — in a competitive market like Mililani, well-prepared buyers often go under contract within a few weeks of starting.
Is it a good time to sell my home on Oahu?
Oahu's market rewards well-prepared, well-priced listings. Across 78+ transactions we've maintained a 99.8% sale-to-list ratio, and roughly 1 in 3 of our sellers closed at or above asking. The best time to sell is when your home is prepared and priced strategically — we'll give you an honest assessment for your specific neighborhood.
What's the difference between a real estate agent and a broker in Hawaii?
A salesperson (REALTOR®) is licensed to represent buyers and sellers under a broker's supervision. A broker has completed additional licensing and can operate independently. On our team, Kristy is a licensed Hawaii broker (RB-24579) leading contracts and negotiations, and Austin is a REALTOR® (RS-87802) handling showings and local guidance.
Can I legally run a short-term rental (Airbnb) on Oahu?
Short-term rentals on Oahu are heavily regulated and restricted in most residential areas — legal STRs are limited to specific resort-zoned areas. Rules change, so always verify current Honolulu County ordinances before buying for STR purposes. We can help you understand which properties qualify.
Do you only work in Mililani?
Mililani and Central Oahu are our specialty and home, but we help buyers and sellers across all of Oahu — Kapolei, Ewa Beach, Kaneohe, Honolulu, Kailua, Hawaii Kai, and more.
This page is general information, not legal advice. Verify current regulations with Honolulu County. Your Oahu Home Team, brokered by eXp Realty · Kristy Nakamura, Broker RB-24579 · Austin Nakamura, REALTOR® RS-87802