April 27, 2009

Kohala a great place to retire!

Relax into your future on the Kohala CoastOften times people ask about the local hospital and what it has to offer, especially since many of our owners are retired or in the process of retirement. This is from the (NHCH) Hospital home page. Take a look. Patricia Freeman has helped raise funds to support this diverse hospital.

North Hawaii Community Hospital. http://www.fivemtn.org/images/topnav_02.jpg

Cradled in the foothills of the dormant volcano, Kohala, North Hawai’i Community Hospital (NHCH) is the first in the country to integrate the latest Western, technology-based medicine with ancient Hawaiian, Asian, and holistic healing arts. Its vision is to become the most healing hospital in the world. The 35-bed, acute care facility, located in Waimea, opened in 1996 and was ranked No. 1 nationally in 1997 for patient satisfaction by Dallas-based Solution Point, a survey company that rates hospitals from the patient’s perspective.

NHCH offers a full spectrum of acute care services with a commitment to patient-centered care that treats the whole person – mind, body, and spirit – in the context of family, culture, and community. Designed as a “healing instrument”, NHCH is fast becoming a prototype for the practice of blended medicine.

Friends of the Future came into being in 1988 when an unusual collection of people (corporate CEO’s, taro farmers, professors, scientists, religious and cultural practitioners and others) met, at first having no connection other than their friendship with organization founder Kenneth Brown. However, over two years of meetings and coming to know one another, the group identified several common values centered on the Hawaiian culture and a common dream for healthy communities.

Friends of the Future’s guiding principles are:

  • The spirit of giving; Invoking the spirit of giving and aloha is the essence of Friends of the Future.
  • Honoring and learning from the native Hawaiian culture; Friends of the Future is rooted in the spirit and values of the Hawaiian culture.
  • Face-to-face, heart-to-heart communications; When we talk face-to-face and heart-to-heart, stereo-types and prejudices fade and, gradually, “them” becomes part of “us”.
  • Diversity and trust; We believe diversity is life-sustaining in both nature and society. Communication among diverse peoples, values, cultures and world views, brings the old and the new together to create a better way. And we also create a place where people are listened to and feel trusted.
  • Bringing out the best in everyone; In this environment of diversity and trust, we facilitate opportunities where people are willing to share their values and wisdom, and to contribute their very best.
  • Lokahi: Peace, Unity and Harmony; We seek to create and sustain a cooperative environment.
  • Commitment to follow-up and action; It is through our actions that we demonstrate our commitment to our cause.

Visit the Friends of the Future web site: fofhawaii.org   A great local program to support and donate to.

April 22, 2009

The Pond of Wainana’Lii (The water belonging to the Chiefs)

Kohala Coast SunsetI found this old book by Eliza D. Maguire called Kona Legends.  I like the older Hawaiian books because they seem to contain little facts I can’t find anywhere else.

“Wainana’lii (The water belonging to the Chiefs) was considered the largest and most celebrated fish-pond on the Big Island of Hawaii, in fact, it was said to contain over 600 acres of ponds. It was situated near Kiholo. One map dated May, 1925, Wiananarii (a) is written on the Western coast of Owyhee, as the island of Hawaii was then called. The map was published, according to the Paradise of the Pacific, London, November 7, 1843, by John Arrowsmith. So it shows, this pond must have been of some note before the great flow of 1859 destroyed it. 

A legend is told of two young girls who were stationed as guards over this great fish pond.  They were kupua, wizards, and had two forms, a human and a lizard one. They were often seen in their lizard form sunning themselves on the stone wall of the pond. One day these two girls were in their human form, and had just returned from a swim in the sea, and were drying their flowing tresses, when the Goddess Pele who had come down the slope of Mauna Loa, and had crossed over, and was racing down from Puuanahulu to destroy the Fish-Pond of Wainana’Lii ; she seems to have had a mania for destroying fish-ponds; spied these two beautiful girls, and before they could move, she covered them with her mantle of lava.

Kaniku (ku means standing) and Kanimoe (moe means lying down or sleeping) are now two lava slabs, side by side, and as their names indicate, one erect and the other flat, just as Pele had caught them. These two lava slabs are on the old trail across the lava flow of 1859, and twenty -five and thirty years ago, this rough trail was the only one traveled along the coast between Kona and South Kohala. The trail was marked with the bones of animals who had fallen on the way, and also with white coral stones. In sections of this trail, on ancient lava flows, are markings, (Petroglyphs) representing ancient Hawaiian myths and history. Pele seems to have respected these marks of history; they may have represented some eulogy in her favor, and spared them. No one will ever know, though, how many she may have ruthlessly covered.”

Petroglyphs line this coastline and should not be tampered with. Always respect the heritage of this Island and know we are guests in a true Paradise!

April 16, 2009

Fannie Mae vs. Freddie Mac Home Affordable Products


I am going for my first time buyer loan and I got confused on all of the options. Thank you Lynn for helping me understand the different options. Jonathan

 From Lynn Karlson of Point Financial, Inc.

Questions should be forwarded to her address.

 Lynn Karlson [ lynn at ptfinancial.com]



First Off…..  These programs are two separate programs so please be careful when switching mindset between one and the other!!  EverBank will be offering the Fannie Mae product and the below information is in regards to the Fannie Mae DO Refi Plus!!  I have also attached the handout many have already received from me.

FAQs:  Q: Does the loan have to be refinanced through the same company that currently is servicing the loan?A: No, The Fannie Mae product allows their loans to be refinanced by any wholesale lender offering the program

 Q: Is there a $2,500 restriction of fees on the Fannie Mae Program?A: No, that only applies to the Freddie Mac Program, please approach a DO Refi Plus the same way you would a regular rate/term refinance.  The borrower’s cash back can be equal to the lesser of 2% or $2,000. 

Q: Is there a max DTI requirement for EverBank?A: No, there is no max that we add to the product.  We will take as high of a DTI that DO allows regardless of the change in payment.  In fact, we have no overlays on this product!! 

Q: Do you have a maximum amount of financed properties?A: No, unlike our other Conforming Products, there is no maximum amount of financed properties on this product.

 Q: Is there a minimum FICO score?A: In April there is a minimum FICO required for LTVs over 80% of 580.  Starting in May there will be no minimum FICO required for all LTVs!! 

Q: Can the LTV exceed 105%?A: No, in April it is maxed to 95% for owner occupied and 80% for second home and investment.  Starting in May the max will be 105% for all occupancies. 

Q: Are appraisals never required?A: No, you need to make sure the findings allow for an appraisal waiver if you want to avoid an appraisal.

 Q: Have the Jumbo Conforming Limits reverted to last years limits on this product?A: Not yet, while we do anticipate these limits increasing, there is not an exact date of the change. 

Q: Is Mortgage Insurance required? A: Depends on the current position the borrower is in.  If they do not have MI now, then they should not need MI regardless of the LTV.  Make sure that the findings are not requiring the MI and if the borrower currently has MI they will e able to refinance in May while maintaining their current MI coverage.

April 8, 2009

Kohala Divers Earthday Beach Cleanup on Saturday April 25th

Kohala Divers   We are planning our annual earthday beach cleanup for Saturday April 25th. We plan to go to the newly reopened surf park in Kawaihae harbor and cleanup both the long stretch of beach and in the water. Email us at godiving@kohaladivers.com to sign up to join our event. As always we will provide refreshments, and free tanks for any certified volunteers. You don’t have to be a diver to sign up though, we need lots of cleanup on the beach too!!Read on for the facts on why keeping our beaches and oceans clean is a must do for our community!  Marine Debit facts About 230 million tons of trash is generated per year in the United States alone. Less than a quarter of that is recycled. Humans generate waste faster than it can be broken down and use up resources faster than they can be replaced. Two million plastic beverage bottles are used in the US every five minutes. 60,000 plastic bags are used in the US every five seconds. 106,000 aluminium cans are used in the US every thirty seconds. Six million tonnes of debris enters the world’s oceans every year. Approximately 80 percent of trash in our oceans and waterways comes from land – via wind and runoff from city streets and highways. About 20 percent of aquatic debris is generated from ships including floats and fishing gear. Nearly 90 percent of all marine debris is plastic. To date, plastic outweighs zooplankton 6:1. An estimated 46,000 pieces of plastic litter alone are floating on every square mile of ocean – 70 percent of which will eventually sink. The average person uses about 200 pounds of plastic in a year. Plastic industry experts expect that number to increase to 300 by the end of the decade. Each year, 15 billion pounds of plastics are produced in the US alone. Only 1 billion pounds are recycled. Plastics do not biodegrade. When plastic debris meets water it remains for centuries – breaking down slowly into smaller fragments and finally into plastic dust. Aluminum cans take up to 100 years to degrade and 6-pack holder rings 450 years. It takes glass bottles one million years to biodegrade in the natural environments. Entanglement and ingestion of fishing line, nets, rope and other debris has been reported in more than 260 animal species worldwide. An estimated 100,000 marine mammals including dolphins, whales, seals and sea turtles choke or get tangled in debris every year. Nearly 8 million items of debris weighing 7 million pounds were collected by about 35,000 volunteers worldwide during International Cleanup Day 2006. Nearly 300 species of defenceless wildlife suffers unnecessarily due to dangerous debris. More than 1 million seabirds are killed by aquatic litter each year. 86 percent of all sea turtles are affected by marine debris.

April 6, 2009

Kilohana Kai, Waikoloa’s newest neighborhood, Ocean and Sunset Views available

photo-alan-bw-web.JPGKilohana Kai  , Ocean View and Sunset View“Brand new home in Kilohana Kai, Waikoloa’s newest neighborhood, with Ocean and Sunset Views. Located on the northern edge of the Waikoloa Subdivision property line, and with the “drop-off” from the covered lanai, you will enjoy years of beautiful unobstructed Sunsets just off the Kona-Kohala Coastline. 20 minutes to the resorts and beaches, Waikoloa is a wonderful centrally-located community of golf, tennis, pool, and horseback riding, with the convenience of it’s own shopping center. E Komo Mai”. 

      Alan B. Lundberg, Realtor (S)

       Hawaii Vacation Rentals, Inc.

               REAL ESTATE

7 Puako Beach Dr.  Kohala Coast  96743

            Tel:  (808) 895-9318

       Toll Free: 1-800-322-7081