WHY ARE SO MANY FOR SALE?

A NEW CLIENT RECENTLY ASKED WHY she saw so many units available in Alii Lani. The answer I gave her was a bit complicated. I have reprinted it here.
FIRST ALII LANI IS A HUGE COMPLEX and so a normal percentage of units on the market there appears to be a lot when you just look [...]

WHAT IS ESCROW – A Description by Title Guaranty

THE DICTIONARY DEFINES ESCROW as “The deposit of deed, bond, monies, contract or other written agreements with a third person to be delivered or used only upon performance or fulfillment of set conditions.” More simply, Escrow may be defined as a stakeholder.
IN PRACTICE, ESCROW INCLUDES all of the services of a person skilled in [...]

HUMPBACK WHALES – Close Encounter In Oahu

A GREAT PHOTOGRAPHER Dave Sanford sent me the message below.
“I’m so excited I have to tell all my friends what I saw today. Then again they say a picture is worth a thousand words.” Dave wrote.

DaveSanfordStudios.com © 2008
Dave is a dive instructor and professional photographer who lives and works on Oahu. I was [...]

10 THINGS NOT TO DO – In A Falling Market!

1. DON’T BUY HIGH! Don’t pay as much or more for a property as similar property sold for at the top of the market.
2. DON’T ASSUME EVERY PROPERTY IS OVERPRICED. When properties are well priced they still get snapped up almost immediately and bidding wars sometimes still erupt.
3. DON’T HOLD A PROPERTY IN A [...]

HAWAII PROPERTY TAX – Big Island Rates

TOP TEN CONDO SALES – Number One!

MY 30th YEAR IN REAL ESTATE was arguably the worst year in the memory of most Realtors, but it was an award winning year for me! In July the record breaking sale of the condominium I promoted with, “Nothing Else Compares!” lead to cover stories and inside spreads in three East Coast magazines. It was [...]

ALL NATURAL DIVING – Whales In Kona!

WHAT IS WITH, “I’M NUDE UNDER MY WETSUIT.” I’ve come across this a couple of times on the dive boat lately and I just don’t get it. We’re all nude under our suits – right? I confess also being confused by food advertised as “organic” or “all natural”. I’ve been keeping my eyes open [...]

REAL ESTATE PREDICTIONS – Bank of A Reports

RESULTS of Bank of America’s Equity Research November 29,2007 real estate survey just hit my desktop. If you are still holding on to hope there will be appreciation soon – their predictions will disappoint you.
Portfolio Managers’ Summary
Our 12-month thesis on the sector. We are cautious on home building stocks. We
see risk over the [...]

WELL FURNISHED RENTALS – start with clean

You’ve just purchased a small condominium. Congratulations!
The plan is to rent it! When it is not occupied you will use it as a second home. So, how do you furnish it?
Ask yourself, “How important is the rental?” If the income from rental is of primary concern, be sure your condo is the one most [...]

DIVERS FOR LIFE – The Magnificent Ten!

From top left: Chris, Frank, Joyce, Bruce, Bill
Bottom left: Pete, Ed, MJ, Kathy and Linda
IF YOU’VE SPENT ANY TIME AT ALL on the Jack’s Diving Locker boats, you very likely saw at least one of the faces above. We’re often referred to by the staff as the “Lifers”. I for one was practically a youngster [...]