Hi to all my shy bloggers, please forget this one and just watch my new blog:
http://hawaiirealestateoahu.blogspot.com/
Feel free to comment, don't be shy...
Holly
Thursday, June 5, 2008
Tuesday, June 3, 2008
Friday, April 18, 2008
Is it a good time to buy Real Estate?
You betcha!
1) So far Hawaii has not reached the massive foreclosures of the US "mainland" ! We are an island chain in the middle of the pacific. A sought after destination.
2) Interest rates are low.
3) The striker brigade is coming and we will need more rentals.
4) Owning a home or condo or rental is a way better investment that your other options right now.
1) So far Hawaii has not reached the massive foreclosures of the US "mainland" ! We are an island chain in the middle of the pacific. A sought after destination.
2) Interest rates are low.
3) The striker brigade is coming and we will need more rentals.
4) Owning a home or condo or rental is a way better investment that your other options right now.
Friday, April 4, 2008
Taxes
Whats your opinion?
What do you think about the economic stimulus package?
Hawaii Real estate is holding and houses proced right are moving quick...
What do you think about the economic stimulus package?
Hawaii Real estate is holding and houses proced right are moving quick...
Wednesday, March 19, 2008
Monthly budget
Blog blog blog:
Expenses and budget ideas for your list:
Mortgage
Insurance
Investments
Taxes
Medical
Credit card debt
Loans
Cable
Telephone/cell
Electric
Food
Gas
House upkeep
House items, furniture
Clothing
Entertainment
Pet care
Gifts
Vacation
Memberships to clubs magazines
Auto repair
Hobby’s
Expenses and budget ideas for your list:
Mortgage
Insurance
Investments
Taxes
Medical
Credit card debt
Loans
Cable
Telephone/cell
Electric
Food
Gas
House upkeep
House items, furniture
Clothing
Entertainment
Pet care
Gifts
Vacation
Memberships to clubs magazines
Auto repair
Hobby’s
Thursday, March 13, 2008
Thoughts on: "getting ready to sell"
How to sell your home for top dollar…..
Ah... yes... the question that we all want the answer to. What should we do to get ready?
Here is a list:
Feel free to ad you comments....
Start with spring cleaning:
- Remove the clutter
- Repaint – it’s amazing how a fresh coat of paint not only makes your place smell better, but helps with the “wow” factor, (stay away from deep purple and black ;-)
- UN-clutter
- clean, especially the windows and screens
- remove the clutter, oh, I said this already
- Clean up the yard, spruce up the landscaping with fresh flowers, orchids and antheriums are nice
- Don’t forget the light bulbs, replace the burnt out ones, while your at it, clean the fans and light casings of those special little bugs
- clean the kitchen; scrub it, especially the microwave and oven
- buy some “gel gloss” and scrub everything
- organize that medicine cabinet or remove everything from it
- The bath, absolutely no water spots or mold – yuck….
- buy a tube of caulk and use it!
- Those of you with pets, get rid of the odor and the poop
-put your name on the list for a storage place and go month to month with the rental for all the clutter, or donate it! If you haven’t used it its time to say goodbye
Ah... yes... the question that we all want the answer to. What should we do to get ready?
Here is a list:
Feel free to ad you comments....
Start with spring cleaning:
- Remove the clutter
- Repaint – it’s amazing how a fresh coat of paint not only makes your place smell better, but helps with the “wow” factor, (stay away from deep purple and black ;-)
- UN-clutter
- clean, especially the windows and screens
- remove the clutter, oh, I said this already
- Clean up the yard, spruce up the landscaping with fresh flowers, orchids and antheriums are nice
- Don’t forget the light bulbs, replace the burnt out ones, while your at it, clean the fans and light casings of those special little bugs
- clean the kitchen; scrub it, especially the microwave and oven
- buy some “gel gloss” and scrub everything
- organize that medicine cabinet or remove everything from it
- The bath, absolutely no water spots or mold – yuck….
- buy a tube of caulk and use it!
- Those of you with pets, get rid of the odor and the poop
-put your name on the list for a storage place and go month to month with the rental for all the clutter, or donate it! If you haven’t used it its time to say goodbye
Wednesday, February 20, 2008
H.R. 5140
GOOD NEWS!!! And Some Bad News...Updates from our friends at: Island Home Capital
Interest Rate relief for Hawaii Real Estate Investors!!
H.R. 5140: Economic Stimulus Act of 2008 is a bill that was sponsored by Rep. Nancy Pelosi (CA-8) to provide economic stimulus through recovery rebates to individuals, incentives for business investment, and an increase in conforming and FHA loan limits.
This economic stimulus package was signed into law by the President on February 13, 2007. This new law includes a temporary increase in both the FHA and conforming loan limits to as high as $729,750 in high cost areas, which includes Hawaii (The formula that is used to calculate the conforming loan limit for any specific area is 125% of the Median Home Price as published by the Secretary of Housing and Urban Development (HUD) with a cap of $729,750.
As a result of the change in conforming loan limits, interest rates on many mortgages in Hawaii will go down because loans between the previous conforming loan limit in Hawaii of $625,500 and the new limit of $729,750 are now eligible to be purchased by Fannie Mae and Freddie Mac or insured by the Federal Housing Administration. There is some confusion because the bill has a provision that says the higher limits are only effective for loans originated between July 1, 2007 and December 31, 2008. In short, the reason it is effective beginning July 1, 2007, is because the credit crisis started to unfold in July and August of 2007. Mortgage market conditions rapidly deteriorated almost overnight. Many secondary market investors suddenly refused to purchase loans that couldn't be sold to Fannie Mae and Freddie Mac.
Unfortunately, many mortgage banks had already funded these loans in their own portfolio or through their warehouse lines of credit. Their intention was obviously to sell these loans on the secondary market after the loans were funded. However, the credit crisis prevented them from doing so, and they were stuck holding these loans in their portfolio. The July 1, 2007 date in the bill is designed to allow these lenders to unload these mortgages and sell them on the secondary market to Fannie Mae and Freddie Mac. New loan transactions, whether purchases or refinances, will be subject to the new limits set forth in the bill.
The other date included in the bill of December 31, 2008 means that the old limits will go back into effect after this year.
Information From Island Home capital weekly update.
For further info contact:
www.islandhomecapital.com/
Interest Rate relief for Hawaii Real Estate Investors!!
H.R. 5140: Economic Stimulus Act of 2008 is a bill that was sponsored by Rep. Nancy Pelosi (CA-8) to provide economic stimulus through recovery rebates to individuals, incentives for business investment, and an increase in conforming and FHA loan limits.
This economic stimulus package was signed into law by the President on February 13, 2007. This new law includes a temporary increase in both the FHA and conforming loan limits to as high as $729,750 in high cost areas, which includes Hawaii (The formula that is used to calculate the conforming loan limit for any specific area is 125% of the Median Home Price as published by the Secretary of Housing and Urban Development (HUD) with a cap of $729,750.
As a result of the change in conforming loan limits, interest rates on many mortgages in Hawaii will go down because loans between the previous conforming loan limit in Hawaii of $625,500 and the new limit of $729,750 are now eligible to be purchased by Fannie Mae and Freddie Mac or insured by the Federal Housing Administration. There is some confusion because the bill has a provision that says the higher limits are only effective for loans originated between July 1, 2007 and December 31, 2008. In short, the reason it is effective beginning July 1, 2007, is because the credit crisis started to unfold in July and August of 2007. Mortgage market conditions rapidly deteriorated almost overnight. Many secondary market investors suddenly refused to purchase loans that couldn't be sold to Fannie Mae and Freddie Mac.
Unfortunately, many mortgage banks had already funded these loans in their own portfolio or through their warehouse lines of credit. Their intention was obviously to sell these loans on the secondary market after the loans were funded. However, the credit crisis prevented them from doing so, and they were stuck holding these loans in their portfolio. The July 1, 2007 date in the bill is designed to allow these lenders to unload these mortgages and sell them on the secondary market to Fannie Mae and Freddie Mac. New loan transactions, whether purchases or refinances, will be subject to the new limits set forth in the bill.
The other date included in the bill of December 31, 2008 means that the old limits will go back into effect after this year.
Information From Island Home capital weekly update.
For further info contact:
www.islandhomecapital.com/
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