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Posts Tagged ‘real estate’
Oahu Real Estate Update for September 2011
Thursday, October 13th, 2011Mortgage For Your Honolulu Real Estate, Consider FHA First – Written by Guest Contributor
Thursday, January 21st, 2010Mortgage For Your Honolulu Real Estate, Consider FHA First – Written by Guest Contributor
Tim O’leary, with Wells Fargo Home Mortgage of Hawaii, is someone I consider a friend, as well as someone who I believe offers a high quality level of service and loan product. He has graciously offered to contribute an article from time to time about, of all things, mortgages, lending and related subjects. Please enjoy his first contribution:
In 1965, the Department of Housing & Urban Development, HUD was formed. Under HUD operated & operates today as the Federal Housing Authority, known as the FHA. HUD’s goal, through the FHA, was to increase homeownership across America. It was a major breakthrough in lending allowing potential home buyers to put as little as 5% down payment and lenders would be willing to lend money with the assurance that the federal government would ‘insure’ the loan to difference in the event a borrower would default on a loan.
With today’s financial uncertainties, FHA has been the ‘darling’ of mortgage lending. Conventional lending woes created through the many problems at Fannie Mae & Freddie Mac, has made traditional lending much more restrictive. Below is a comparison of FHA and Conventional mortgages.
Nicely Upgraded Condo at Villa on Eaton Square – Waikiki, Honolulu, Hawaii
Friday, December 18th, 2009Nicely Upgraded Condo at Villa on Eaton Square for $285,000, Fee Simple – Waikiki, Honolulu, Hawaii
Nicely Upgraded Condo at Villa on Eaton Square for $285,000, Fee Simple – Waikiki, Honolulu, HI
This mixed Leasehold and Fee Simple condominium building is located in the Eaton Square shopping complex where there are twenty-seven commercial shops located in an open-air shopping center with a major bank, supermarket, post office, dry cleaning and restaurants.
Honolulu, Ala Moana Condo for Sale – Great Income, Stunning Views
Thursday, November 19th, 2009
Honolulu, Ala Moana Condo for Sale – Great Income, Stunning Views – Prime Location on 20th Floor
Did I mention how amazing the views were?
It’s rare to find a condo that has been totally renovated and upgraded, in a first class building with tons of amenities, a first class location and offering stunning Pacific Ocean views………all with rental income, plus the flexibility of personal usage.
This Ala Moana Hotel Condo offers it all! You can place the condo in the hotel managed rental pool, rent it out on your own as a vacation rental and still use it at your own convenience.
Here are some details:
WOW!! Condo in Waikiki, Honolulu, Hawaii- Bargain Priced at $149,999
Monday, October 5th, 2009Condo in Waikiki, Honolulu, Hawaii – Bargain Priced at $149,999
It’s hard to believe that you can find a fully renovated, upgraded and furnished condo in the heart of Waikiki, steps to the beach and with views for this low price!
This studio condo, located in the Palms at Waikiki Condos and Hotel is curently in a Hotel Rental Management Program earning roughly $1,000 a month in income. Keep it in the program (it’s a great boutique hotel chain of management), rent it out long term or keep it for your own personal use!
“I Am Real Estate”
Wednesday, September 23rd, 2009Even though we have undoubtedly gone through one of the worst recessions and price adjustment cycles (translation: burst bubble) in history, and many doubt the value of their real estate today, especially those who are upside down, owing more than their home is worth, I still find this statement about real estate to be of value. I have had it posted on my websites for over ten years. It’s good food for thought.
Popular Central Waikiki Condo -2121 Ala Wai Building
Friday, September 4th, 2009Popular Central Waikiki Condo
This Popular Central Waikiki Condo building, located at 2121 Ala Wai Blvd, offers a great location, simple amenities and cool mountain and canal views.
Central Waikiki Condo – 2121 Ala Wai, #704 2bd/1ba condo for $399,000 Fee Simple
Friday, September 4th, 20092121 Ala Wai Condos – New Listing
This new listing, located in the very popular 2121 Ala Wai Building is getting a lot of attention. The Central Waikiki Condo has only been on the market four days, but has already been seen by over 20 real estate agents and six buyers. The location is excellent, facing the Ala Wai Canal, the golf course and the mountains. Cool Trade Winds blow through the unit and you do not have hot afternoon sun.
We had a Great Open House at Waikiki Landmark & Talked about Neighborhoods
Monday, August 17th, 2009Waikiki Landmark Open House
Open House Sunday was a success with 15 people coming through. It is an interesting mix here in Waikiki, Honolulu.
We had a family from California looking for a vacation condo in Waikiki, but were interested in learning more about older buildings vs. some of the new buildings that have been built in the last 3-5 years.
Great New Listing in Luxury Highrise “Waikiki Landmark”
Saturday, August 15th, 2009
Waikiki Landmark Condos
We’re helping a friend and associate sell his one-bedroom condo by holding open house. This is a first class building and a great unit and views right down the main drag of Waikiki, including the Pacific Ocean.
