Archive for February, 2010

Avoid Harbor Court (Honolulu) Rental Scams

Friday, February 26th, 2010 Posted in Harbor Court | Comments Off

NOTE:  I have nothing to do with any web site offering property for rent.  I work solely with real estate property sales and I do not manage property. In the last ... Read more..

Honolulu Home Owners: Do Market Opportunities and a $6,500 Tax Credit Make it a Good Time To Sell?

Wednesday, February 24th, 2010 Posted in Real Estate, Sellers | Comments Off

The extended Home Owner Tax Credit may be a window of opportunity for some folks who have wanted to sell their home, whether to move up or to downsize, but ... Read more..

February 2010 Honolulu Condominium Market Report – Nauru Tower

Saturday, February 20th, 2010 Posted in Market Reports, Nauru Tower | Comments Off

Summary Despite a sluggish Oahu economy, Nauru Tower sales really took off at the end of 2009.  That leaves very few apartments for buyers to choose from.  Nevertheless, there are a few ... Read more..

Honolulu Home Buyers: $8,000 Tax Credit Expires April 30, 2010!

Tuesday, February 16th, 2010 Posted in Buyers, Real Estate | Comments Off

NOW Is the Time to Make Your Move.  The 2009 First Time Home Buyers Tax Credit is expiring April 30, 2010.  This tax credit was expanded for the benefit of ... Read more..

Fannie Mae Closing Cost Assistance and Appliance Incentive

Sunday, February 14th, 2010 Posted in Buyers, Real Estate | Comments Off

The Federal National Mortgage Association, also known as Fannie Mae, is offering a 3.5% incentive** for buyers who purchase a Fannie Mae-owned home between January 28 and April 30, 2010.  ... Read more..

Are You Considering a Honolulu Short Sale?

Friday, February 12th, 2010 Posted in Sellers, Short Sales | Comments Off

Disclaimer:  Consult your attorney and your CPA to ensure you fully understand the ramifications of a short sale. Given the state of our economy, it appears short sales are becoming more popular as ... Read more..

February 2010 Honolulu Condominium Market Report – Harbor Court

Monday, February 8th, 2010 Posted in Harbor Court, Market Reports | Comments Off

Summary It's been more than two years since we've seen this many sales at Harbor Court.  Three apartments sold in the last quarter of 2009:  a penthouse sold for $800,000 and two ... Read more..

New Mortgage Consumer Protections Will Impact Your Honolulu Home Closing Timeline

Thursday, February 4th, 2010 Posted in Mortgage Issues, Real Estate | Comments Off

The Federal government enacted three separate initiatives during the last eight months designed to help the home buyer make better financing decisions.  These initiatives impose requirements that impact the loan closing timeline and ... Read more..

Honolulu Real Estate Statistics – January 2010

Tuesday, February 2nd, 2010 Posted in Market Reports | Comments Off

The Honolulu Board of REALTORS® released resale figures for the month of January.  According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) ... Read more..