Helping Your Kids Into Honolulu Real Estate!
June 30th, 2009 categories: Buying Honolulu Real Estate, Honolulu Real Estate 101
This Wall Street Journal article gives you a number of ways to help your family to get into Honolulu real estate.
“Low interest rates and depressed real estate prices have affluent parents asking their financial advisers if buying their children a house could accomplish a one-two punch of moving assets out of their estate while snagging a good deal on property.”
CLICK HERE TO READ THE WALL STREET JOURNAL ARTICLE
If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
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Planning To Sell Your Honolulu Home Part Eight-Neighbors
June 25th, 2009 categories: Honolulu House For Sale, Honolulu Real Estate 101
This is my next post on getting ready to sell your home.
8. Check out your neighbor’s curb appeal and attempt to do something to clean it up. Neighbors, neighbors, neighbors you either love them or don’t. A major part of selling your home is not only the condition of your home, but also the look and feel of your neighbors. This can be a very, very touchy subject, but is it has to be discussed because the condition of your neighbors home can make or lose you money. Here is what to do.
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Honolulu Should Be Thankful For the Military!
June 24th, 2009 categories: Honolulu Real Estate 101, Military
Without any hard numbers to back-up my assumptions, I have always known that the military in Honolulu has significant impact on the island economy. Mark Bratton, of the commercial real estate company Colliers Monroe and Freidlander, has a terrific blog post full of numbers that confirm the role the military plays as an economic engine in Hawaii.
“The military and Federal Government combined in our state is holding up the entire economy on the Island of Oahu. Military construction has not receded, it continues. They are in the process of building housing on Oahu, 10,000 homes by Actus and an additional 4,500 homes over the next few years as replacements for military personnel. There are 102,000 people with the military, mostly based on the Island of Oahu. The military has 18,000 direct jobs that we know of and spending approximately $1 billion/year.”
CLICK HERE TO READ THE ENTIRE POST ON THE MILITARY IN HAWAII
A number not considered in the post is the impact of the Off Base Housing Allowances (BAH). Given the amounts available for covering monthly off base housing costs, there are many annual sales attributable to the military. This additional military buying power and demand adds fuel to the long-term strong Oahu real estate values.
If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
OTHER HONOLULU REAL ESTATE POSTS WORTH READING
Honolulu Real Estate Vs. Stock
A Good Lesson
Answers To Your Questions About Keahi Pelayo
Honolulu Rental Rates
Loans For College Condos
The Value Of A Realtor
Realtor Code of Ethics
Determining Offering Prices
Pricing Your Home
Long Term Investment Makes Sense
Honolulu Schools
Off Base Housing Allowances-BAH
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Honolulu Rated One Of World’s Most Livable Cities!
June 23rd, 2009 categories: Honolulu Real Estate 101
Since I live here, I think Honolulu is one of the world’s most lovable cities, however, Pacific Business News posted an article today that Monocle Magazine placed Honolulu among the world’s most livable cities. It is great to know that we rate with the likes of Zurich, Copenhagen, Tokyo, Munich, Helsinki, Stockholm, Vienna, Paris, Melbourne and Berlin (other top ranking cities). Given the quality of Oahu’s lifestyle and limited land-mass, I believe that the most desirable parts of the island will remain very good long and short-term real estate investments.
“The magazine noted Honolulu is a “combination of big-city excitement and natural beauty.”
CLICK HERE TO GO TO HONOLULU’S PACIFIC BUSINESS NEWS
If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
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New Hawaii Law Is Electrifying!
June 22nd, 2009 categories: Honolulu Real Estate 101
If you are thinking of selling your Honolulu house or condominium, please be aware that this years legislature passed a new law requiring a “good faith declaration of the electricity cost” associated with your primary residence. Here is a PDF of document put out by the Hawaii Association of Realtors that may answer your questions.
If you would like to speak with me regarding my understanding of your disclosure obligations, feel free to call me at 808-737-2093 or toll free at 877-737-2093.
SEARCH FOR YOUR HONOLULU HOME
OTHER HONOLULU REAL ESTATE POSTS WORTH READING
Honolulu Real Estate Vs. Stock
A Good Lesson
Answers To Your Questions About Keahi Pelayo
Honolulu Rental Rates
Loans For College Condos
The Value Of A Realtor
Realtor Code of Ethics
Determining Offering Prices
Pricing Your Home
Long Term Investment Makes Sense
Honolulu Schools
Off Base Housing Allowances-BAH
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Planning To Sell Your Honolulu Home Part Seven-Yard Prep
June 19th, 2009 categories: Honolulu House For Sale, Honolulu Real Estate 101
Here is the next post in my ongoing series on things to do before you put your Honolulu property on the market for sale.
7. Clean up the yard. Plant some flowers. Trim the trees and shrubs. Positive momentum toward a sale and maximizing the price to a seller begins with the curb appeal (a buyer’s first impression as they drive up to the home). To get the most impact from preparing your yard, it is best to start the process at least thirty days before going to market. By starting early, trimmed trees and freshly planted shrubs and flowers will look better if given additional time to gain strength. Here is a list of possible yard improvements.
a. Plant flowers in front of the home and along the path leading to the front door.
b. Fertilize all plants and grass.
c. Trim hedges and shrubs, so they look crisp and clean.
d. Look out all windows and look for view planes that are obscured by trees or hedges. Consider trimming them to open the view. During this process you may discover a window that could have more privacy added by planting a small tree or shrub. Just remember you want your home to feel private while taking advantage of all potential views.
e. Trim any plant that looks out of control.
f. Try to determine the types of trees and shrubs (mango, avocado, lychee, etc.), as certain plants might be selling points. Also, determine if there any plants that could be liabilities (thorny, smelly, or ugly) as you may want to have them removed or trimmed significantly.
g. Set sprinklers so they aren’t running during showing times (normally 8:00 a.m. through 6:00 p.m.)
Just remember, your yard will be the first thing seen by a buyer, therefore, be sure it presents your home in the best light. If you need a referral to a good landscaper, feel free to call me at 808-737-2093 or toll free 877-737-2093.
SEARCH FOR YOUR HONOLULU HOME
More On Selling Your Honolulu Home
Planning To Sell Your Honolulu Home Part One
Planning To Sell Your Honolulu Home Part Two-Survey
Planning To Sell Your Honolulu Home Part Three-Disclosure
Planning To Sell Your Honolulu Home Part Four-Dealing With Clutter
Planning To Sell Your Honolulu Home Part Five-Cleaning
Planning To Sell Your Honolulu Home Part Six-Windows
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Planning To Sell Your Honolulu Home Part Six-Windows
June 18th, 2009 categories: Honolulu House For Sale, Honolulu Real Estate 101
Here is the next post in my ongoing series on things to do before you put your Honolulu property on the market for sale.
6. Hire a professional window cleaner. Michael Yon is a self funded war correspondent that embeds with our military in Afghanistan and Iraq. He has a hard and fast rule; he will not ride in a Humvee that has dirty windows! Here’s the point, your windows are one of the simple keys to unlocking the most from the sale of your Honolulu home or condominium. Your windows should be crystal clear! I have found that someone who cleans windows on a regular basis has tricks for doing a great job and are skilled at getting to hard to reach panes of glass. With all of the other things you are doing to get your home ready for sale, a professional window cleaner will make the house sparkle. Don’t think about it, just do it!
If you need a referral to a window cleaner, feel free to call me at 808-737-2093 or toll free at 877-737-2093.
More On Selling Your Honolulu Home
Planning To Sell Your Honolulu Home Part One
Planning To Sell Your Honolulu Home Part Two-Survey
Planning To Sell Your Honolulu Home Part Three-Disclosure
Planning To Sell Your Honolulu Home Part Four-Dealing With Clutter
Planning To Sell Your Honolulu Home Part Six-Cleaning
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Planning To Sell Your Honolulu Home Part Five-Cleaning
June 17th, 2009 categories: Honolulu House For Sale, Honolulu Real Estate 101
There is no substitute for a clean home and this is why number five of my ongoing series has to do with having the home cleaned.
5. Hire a professional cleaner. I know that most people are more than capable of cleaning their home. Many of you probably take great pride in the fact that you clean your house every week or two. When it comes to selling a Honolulu home or condominium, I have found that most professional cleaners will provide a level of cleaning that will help your home sell for more money. Because a cleaner will see things that you cannot, they will address issues that may have been seen by a buyer, thus eliminating negative details that might turn off a potential buyer.
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Planning To Sell Your Honolulu Home Part Four-Dealing With Clutter
June 16th, 2009 categories: Honolulu House For Sale, Honolulu Real Estate 101
This is my fourth installment for preparing your home for sale.
4. Remove clutter. In Honolulu, if there are sins committed when selling a home, too much clutter has to be at the top of the list. I see many houses and condominiums that would otherwise show very well, show poorly simply because they have so much “stuff” taking up space. Here are a few rules to apply when taking clutter out of a home.
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Planning To Sell Your Honolulu Home Part Three-Disclosure
June 15th, 2009 categories: Honolulu Real Estate 101
One of the most important rules in Honolulu real estate is to disclose, disclose and disclose more. Our attorneys tell us that there is no single form required by Hawaii law, however, the widely accepted form is the Hawaii Association of Realtors disclosure form titled the Seller’s Real Property Disclosure Statement (SRPDS). This post is part of my ongoing series about preparing to sell your home.
3. Fill out the Seller’s Real Property Disclosure Statement. In most sales, the SRPDS is not completed until there is an accepted offer and buyer is involved in their inspection process. THIS IS NOT THE BEST WAY TO APPROACH DISCLOSURE. When a disclosure form is filled out at this late date, because there seems to be a rush, things can be missed, overlooked or under-disclosed. As a professional Realtor, we send the disclosure statement to the seller immediately after listing a property for sale. Diligent sellers complete it and return it to us in less than a week. Many sellers have the best of intentions, but it is not completed until the pressure of a sale requires it.
I believe it is best to fill out the SRPDS before marketing begins. By doing this a seller is not “under the gun” Read the rest of this entry »
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