jump to navigation

You Could Be Living the Dream ~ June 15, 2010

Posted by Sarah in : Updates , add a comment

Simply click on the MLS # and it will bring up the property information.  Once the property information is up, you can click on the camera icon for photos.  

Please do not hesitate to contact me with any questions regarding any of these properties located in the Hanalei area.  I am more than happy to help you make your dreams of paradise come true.

 

MLS DATA

  MLS #

Price

Location
226906

$825,000

05-5454 Kuhio Hwy
223087

$872,000

05-5491 Kuhio Hwy #6A
223546

$995,000

05-5479-A Kuhio Hwy #2
224064

$1,200,000

4483 Aku Rd
209904

$1,295,000

5273 Malolo Pl
229519

$1,350,000

4420 Aku Rd
235558

$1,495,000

 
233842

$1,650,000

5117 Opelu St
228465

$1,685,000

5126 Papio Pl
198515

$1,795,000

5095 Opelu St
231141

$1,850,000

5283 Malolo Pl
228522

$1,949,000

5115 Papio Pl
231265

$1,995,000

5325-B0 Weke Rd
227061

$2,000,000

05-5484 Kuhio Hwy
213247

$2,795,000

05-5303-M Kuhio Hwy
211771

$2,900,000

5111 Weke Rd
206540

$3,000,000

4421 Malolo Rd
220831

$10,900,000

5156 Weke Rd
227637

$12,000,000

5430 Weke Rd

 

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

Copyright 6/15/2010 by Hawaii Information Service

Hollywood has come to Kauai April 27, 2010

Posted by Sarah in : Updates , add a comment

There has been a lot of activity in our little town recently.  The new George Clooney movie is being filmed throughout the North Shore with a couple of days shooting at the Tahiti Nui.  The movie is called, “The Descendants” and George has been spotted at different eateries around the island.  This film is also being shot on Oahu and should be done by the end of the summer.

 The auditions for the next Pirates of the Caribbean movie were held on Sunday outside the Kauai War Memorial.  Thousands turned up for the chance to be an extra in this latest Johnny Depp film.  Producers were looking for men to play pirates, sailors and stand-ins.  The film is scheduled to be shot on Kauai and Oahu this summer, finishing sometime in August with a slated release date of summer 2011.  You can visit www.SandeAlessiCasting.com for more information.

 Also filming on Kauai this summer will be the new Adam Sandler movie.  No information on this film yet, but keep checking back.

Featured Vacation Rental Property for Sale April 19, 2010

Posted by Sarah in : Updates , add a comment

Lead photo

This custom Mission Style Plantation residence has 3 bedrooms and 4 baths. It has been recently furnished and is now a turn-key vacation rental. The Craftsman workmanship enhances this home as it presents to you, wood floors, granite counter tops, stainless steel appliances and finely brushed chrome and copper accents throughout.

This stylish home is designed to capture the best views of the mountains, the ocean and the extraordinary Makai Ocean Two fairway of the world class Princeville Resort on the North Shore of Kauai. Located just a short distance to Hanalei Bay Resort where you can enjoy amazing sunsets and many culinary delights while dining out. This Plantation Residence is luxurious, beautiful, desirable and just waiting to welcome you home.

 Call me for your chance to own your own piece of paradise.

I have received my e-Pro certification! April 8, 2010

Posted by Sarah in : Updates , add a comment

What does using an e-PRO REALTOR (R) mean to you??
The e-PRO certified agent is skilled in the use of e-mail. No need to play telephone tag to get an important message to me. Send an e-mail and I can get your message any time of the day or night. At the same time, I can send e-mail TO YOU to alert you about new listings, details about schedules, inspection reports, settlement and just about any detail about your search for a home and the transaction.

Telephones are wonderful, but, as we know, the call doesn’t always go through. Now, with e-mail, the message will be there waiting for you. You’ll get the message about new listings as quickly as you can access your mail.

GET DAILY LISTINGS BY E-MAIL.

I, as an e-PRO Realtor on the island of Kauai have the ability to provide you with daily updates of new listings. Simply e-mail me your criteria. 

The other benefits of working with an e-PRO agent:

* Daily listing updates
* Neighborhood data by e-mail
* Listings daily by e-mail
* House photos by e-mail

Send me an e-mail and I will get back with you quickly.

Also, here is some information regarding the new Home Affordable Foreclosure Alternative Program (HAFA) for those of you finding yourself in a short sale situation.  This information was found on That Credit Report Blog and is deemed good, but not guaranteed.

 The HAFA is a new program that will allow borrowers to sell their home for less than the mortgage balance, commonly known as a Short Sale.  Borrowers will receive preapproved short sale terms from their lender prior to putting the home on the market.  Eligibility is limited to loans which:

 * Are on a person’s Primary Residence

 * Are originated before January 1, 2009

 * Are delinquent or in imminent danger of default

 * Do not exceed $729,750.00

 * Create homeowner hardship

 * The borrower’s total monthly house payment exceeds 31% of gross income

 * Are serviced by FNMA, Freddie Mac, or servicers who have voluntarily signed on to the HAMP program

 If you find yourself in need of using this new Federal program, please contact your lender for current details.

Is The FDIC Killing Indymac OneWest Bank Short Sales? March 9, 2010

Posted by Sarah in : Updates , add a comment

Here is an excerpt from a blog regarding information you may find very interesting:

As some of you may already know, I specialize in helping homeowners avoid foreclosure through the use of short sales.  Recently, I dealt with a very interesting case involving Indymac/OneWest Bank that I felt needed to be brought to the attention of all American taxpayers.  

Basically, IndyMac Bank (now OneWest Bank), is holding one of my clients hostage, demanding a $75k promissory note, or they will proceed to foreclosure.  For the life of me, I couldn’t figure out why they were doing this.  The BPO came in at the contract price of $275k, with a net to IndyMac of $241k.  What advantage could there possibly be for them to proceed to foreclosure?

Yesterday, I figured it out.  You see, IndyMac was taken over by the FDIC and sold to OneWest Bank in March/2009.  Guess who the investors are behind OneWest?  George Soros, Michael Dell, Steve Mnuchin (former Goldman Sachs executive), and John Paulson (hedge-fund billionaire).  

Now, listen to the deal they got from the FDIC….

Basically, they purchased all current residential mortgages at 70% of par value (70% of the outstanding loan amounts).  They purchased all current HELOCS at 58% of Par Value!!!

Next, in order to “sweeten the pot”, the FDIC stepped in and guaranteed the following:  For any residential mortgages where OneWest experiences a loss, the FDIC will step in and cover anywhere from 80%-95% of the loss.  The loss is calculated using the ORIGINAL LOAN BALANCE, not the amount that OneWest paid for the loan.  Let’s use my client’s actual situation as an example:

Loan Amount is $478,000, plus 6 months of missed payments, for a grand total of $485,200

OneWest pays $334,600 for the loan

We have an all cash offer of $241,000, net to OneWest.

So, let’s do the math, shall we?  The net loss, according to the FDIC formula is the ORIGINAL LOAN AMOUNT minus the amount of the offer.  In this case, $485,200-$241,000, or $244,200.  Next, the FDIC, according to their Loss Share Agreement, writes a check to OneWest for 80% of the so-called “net loss”.  So, in this case, OneWest gets a check from Uncle Sam for $195,360 (.80 X $244,200).

Add the $195,360 to the sales price of $241,000, and you get a grand total of $436,360.  Remember, OneWest paid $334,600 for the loan.  So, OneWest puts $101,760 in their pocket, thanks to the FDIC.  Folks, that is over $100k of our hard-earned tax dollars!

So, you ask…Why does this program hurt short sales?  Because, our brilliant government offers this SAME PROGRAM FOR FORECLOSURES!  The only difference is, the government picks up 80% of the tab on all of the extra costs associated with a foreclosure (BPO’s, upkeep, utilities/maintenance, legal fees, etc.)

So, If I’m OneWest, why would I want to waste my time negotiating through a Short Sale, when I can make the same amount of money (if not more) by just letting it go to foreclosure?  And we wonder why nobody can get a Loan Modification?  Why would OneWest approve a loan modification for this guy, when they can foreclose and make over $100k?  And, to add injury to insult, they have held this loan for 6 months!  Not a bad ROI, huh?

What infuriates me the most is that in my particular case mentioned above, they have the guts to hold my client hostage for a $75k promissory note, after they are already making more than $100k on the sale!!! This is his primary residence, 1st Position loan, and OneWest has NO RECOURSE!  Imagine if they could make $100k, and then get a deficiency judgment!  Talk about making some big bucks!

Can you say “GREED”?

But wait, here’s the best part…  I sent letters to Senators John McCain and Jon Kyl, with a cc to the CEO of OneWest, explaining the current loss-share agreement, as well as including the FDIC worksheets, with the actual numbers in this case, showing them that OneWest was making a profit of over $100,000 on this deal, thanks to the FDIC.  Within 24 hours, I received a response from the PR Firm representing OneWest, telling me that OneWest would dismiss the promissory note requirement, and the short sale was approved.  We closed escrow 3 weeks later.  My client not only avoided a $75,000 commitment, but also salvaged his credit by short-selling his home, versus handing it back to OneWest via foreclosure.

The scary thing is that over 50 banks have Shared Loss Agreements in place with the FDIC.  Some of them include:  Bank of America (go figure), CitiMortgage, Wells Fargo, etc.  

This entire agreement between the FDIC and OneWest can be found here, on the FDIC website.  It’s all there, for the world to see!  They have it all laid out.  All of the formulas, worksheets, etc.  

Now, it’s up to us to bring it to the attention of our elected officials and the media.  Enough is enough!

Wait, it gets better…The FDIC just announced that they are “considering” borrowing money from the U.S. Treasury in order to replenish it’s deposit insurance fund (the same fund being used to pay all of these banks in the Loss Share Agreements).  Go Figure! Don’t believe me?   Click Here to read it.

Information supplied from a blog by Robert G. Hertzog.

Springtime and the livin’s easy! February 23, 2010

Posted by Sarah in : Updates , add a comment

I realize that we live on a beautiful island and that our winter’s are not as harsh as many places on the mainland; however, on Kauai, we did have a much colder winter than we are used to and we are ready for spring on this island!

 There are signs everywhere that spring is in the air on the North Shore of Kauai.  Plumeria flowers are beginning to come out of their dormant state and buds are appearing on the end of some branches.    It is beginning to get lighter in the mornings allowing for the birds to begin their songs earlier in the day.  More people are awakening from their winter slumber and enjoying the outdoors whether it is by walking Hanalei Bay or bicycle rides along the Hanalei town.

Hanalei Bay

 I did a stand up paddle session and was amazed to see so many large sea turtles lounging in the Hanalei River among some fish that decided they needed the protection of the river mouth as well. 

Sup

 The tourists that are still on island are truly enjoying the beautiful warm weather and the locals are welcoming them with open arms.  Most of the local families are having family gatherings under the bright stars on the beaches of the North Shore with bon fires, music, laughter and lots of love.   The spirit of “Aloha” is alive and well.

Sun peeking through Hanalei clouds

 

 If this lifestyle appeals to you, please give me a call.  Let my experience be your guide to obtaining your own slice of paradise.

It’s all about the lifestyle February 3, 2010

Posted by Sarah in : Updates , add a comment

On the North Shore of the island of Kauai is a quaint little town called Hanalei.  Hanalei Bay was named the “Best Beach” by Dr. Beach for 2009.  Our beautiful beach is a horseshoe shaped bay of warm crystal blue water teaming with various sea life.  There is a lot to do in our sleepy little town too.  You can join one of the two canoe clubs.  You can paddle board in the bay or go up the Hanalei River.  You can surf big waves in the winter and enjoy the calm waters of the bay in the summer.  You can literally walk or ride a bike everywhere in Hanalei town where there are great restaurants, shopping or simply relax on a patch of grass in front of the old school house.  Hanalei has something for everyone! If Hanalei appeals to you, I have two listings that you will love.  Both are approved and very successful vacation rentals.

 Hanalei Kahakai Hale is a classic Hawaiian beachfront estate is a great blend of natural beauty and modern sensibility. A world class setting where you can embrace the gentle trade winds, savor the setting sun, shimmering waterfalls and dancing rainbows all while floating in the arms of Hanalei Bay.   This substantial residence, located in one of the premier spots on the Bay, is being presented to the market for the first time. From the west-facing wraparound lanai you have a spectacular vantage point to soak in the sweeping vistas. Panoramic big sky views abound, but you’ll find it difficult to take your eyes of the mesmerizing waves, and the sandy bottom, turquoise blue waters.  The 1+ acre parcel is dotted with swaying palms and has a long rolling expanse of lawn that leads to the endless golden sand beach. Surfing, swimming, beachcombing, boating, fishing, you name it and it’s all at your doorstep. The 4 bedroom, 4 bath home has a real semblance of gracious island style and rich flavor. An extremely comfortable setting where you can enjoy casual island living and take advantage of Kauai’s ideal year-round climate and indoor-out lifestyle.  We have a DVD of this property available upon request and you can see our web brochure at http://5156wekeroad.isnowforsale.com.

 Hanalei Palms Hale is a large Hanalei home with Mountain and distant Ocean views.   It is located on a corner lot with direct access to Hanalei Bay just steps away. It has the classic Plantation style wrap around covered deck, extra large master suite on top floor with panoramic views of waterfalls, two bedrooms and baths on main floor with open beam ceilings in great room, a beautifully remodeled kitchen and baths throughout and there are two bonus rooms on the ground floor.  The pride of ownership shows throughout as this is the original owner. Hanalei Palms is the perfect neighborhood with underground utilities and walking distance to beach, dining, shopping and entertainment. This property also has the added option of owner financing for qualified buyers.  You can see my web brochure at http://5095opelustreet.isnowforsale.com.

 I don’t sell homes, I sell the lifestyle and Hanalei has been my home for over 20+ years.

Aloha 2009 and E’ Komo’Mai 2010 December 31, 2009

Posted by Sarah in : Updates , add a comment

The first nine months of the year were slow, but the last three months of the year have proven to be the best over all.  The number of transactions closed in our office has more than tripled each month for the last quarter.  Hanalei sales for 2009 numbered five with $17,650,000 in volume, which accounts for about a third of the sales volume for residential and land sales in Princeville, Hanalei and Haena.

2009 Sales for the Hanalei Beach Area and Town Areas

MLS 216543   Tax Key 4-5-5-2-109   Address 5282 Malolo   Land                           

Listed for $899,000 Sold 9/4/2009 $825,000 all cash

 

MLS 214070    Tax Key 4-5-5-2-87     Address 4460 Aku   Residence                    

Listed for $1,195,500   Sold 8/26/2009 $1,075,000 all cash

Permitted TVNC Rental

 

MLS 229346   Tax Key 4-5-5-5-19   Address  4384 Anae   Residence                    

Listed for $2,250,000  Sold 12/22/2009 $2,000,000 all cash

Permitted TVNC Rental

 

MLS 223673   Tax Key 4-5-5-4-4   Address 5486 Weke      Residence                    

Listed for $3,650,000 Sold 5/21/2009 $3,650,000 Mortgage

Permitted TVNC Rental

 

MLS 227638   Tax Key 4-5-5-4-13   Address 5418 Weke   Residence                    

Listed for $11,500,000 Sold 12/17/2009 $10,100,000 all cash

 Currently in Escrow

MLS 219161   Tax Key 4-5-5-3-17   Address 5325-B Weke  Two Residences                           

Listed for $1,895,000 Permitted TVNC Rentals

For a quick look at my listings just click on the Web Brochures below:

http://3855albertroad.epropertysites.com/

http://5222honoikiroad.isnowforsale.com/

http://3175kalihiwairoad.isnowforsale.com/

http://6492puupiloroad.isnowforsale.com/

http://poipukapilicondo39.isnowforsale.com/

http://5156wekeroad.isnowforsale.com/          Permitted TVNC rental

http://55891kuhiohighway.isnowforsale.com/

http://hanaleipalmshale.isnowforsale.com/      Permitted TVNC rental

Wishing you and your family the very best for 2010.

Living the Hanalei Dream December 11, 2009

Posted by Sarah in : Updates , add a comment

Photo 2

“Hanalei Kahakai Hale” ~ Hanalei House-by-the-Sea is a rare offering on world renowned Hanalei Bay. The classic Hawaiian beachfront estate is a great blend of natural beauty and modern sensibility. A world class setting where you can embrace the gentle trade winds, savor the setting sun, shimmering waterfalls and dancing rainbows all while floating in the arms of Hanalei Bay.  The over one acre parcel is dotted with swaying palms and has a long rolling expanse of lawn that leads to the endless golden sand beach. Surfing, swimming, beachcombing, boating, fishing, you name it and it’s all at your doorstep. The 4 bedroom, 4 bath home has a real semblance of gracious island style and rich flavor.   This substantial residence is located in one of the premier spots on the Bay and from the west-facing wraparound lanai you have a spectacular vantage point to soak in the sweeping vistas. Panoramic big sky views abound, but you’ll find it difficult to take your eyes of the mesmerizing waves, and the sandy bottom, turquoise blue waters. An extremely comfortable setting where you can enjoy casual island living and take advantage of Kauai’s ideal year-round climate and indoor-out lifestyle. Just a short stroll from the front gates is Hanalei Town, an idyllic locale for a shaved ice or a Mai Tai.

 Hanalei Bay aerial

If you enjoy watching the big waves of winter, one of the premier surf events just took place this week.  The 25th Anniversary of the Eddie Aikau Memorial Big Wave Surfing Contest was truly exciting, it is held at Waimea Bay on the North Shore of Oahu, can only take place if the waves are 20 feet or higher and you must be invited to participate by the Aikau family.  This year we had some of the largest waves in years and the event was put on at a moments notice.  The winner of the event, Greg Long from San Clemente, California, had a fantastic session with a perfect score on a wave of about 40 feet.

 Opelu

If you are more of a stay at home, get away from the crowds, but still want to be within walking distance to the ocean kind of person then “Hanalei Palms Hale” could be the perfect home for you.  This large Hanalei home has Mountain and distant Ocean Views, Plantation style wrap around covered deck, extra large master suite on top floor with panoramic views of waterfalls, two bedrooms and baths on main floor with open beam ceilings in the great room, remodeled kitchen and baths throughout.  It is on a corner lot with direct access to Hanalei Bay just steps away. Pride of ownership shows throughout as this is the original owner. Hanalei Palms is the perfect neighborhood with underground utilities and walking distance to beach, dining, shopping and entertainment

Thanksgiving November 24, 2009

Posted by Sarah in : Updates , add a comment

The weather has turned beautiful and just in time for the Thanksgiving holiday.  New things are happening around Hanalei town for the holiday…The new “Iti Wine Bar” is opening on Thanksgiving night, from 6pm to midnight.  It’s the new tapas and wine bar next to Tahiti Nui.  They will have top shelf wines and a new cocktail called the Maitini.  This is the only venue open for light fare until midnight.  No matter where you spend your Thanksgiving holiday I hope you are sharing the day with good friends and family.