Archive for the ‘hawaii realtors’ Category
To me, I see prices falling fast. I wonder if all you buyers out there feel the same. Realtors seem to double talk or have two answers, depeding on if you are a buyer or seller. A month ago when I wanted to sell, they told me, "Sell! Sell because the market will be going down". Now that I am in escrow, I figure I’d wait till the market goes even lower before buying again. But now my realtor tells me, "Buy, cause prices will be going up this year". Personally, I think prices are going down at a pretty steady rate. More price drops now than ever before. Some have even multiple prices drops, inventory is up, more lending restrictions, median price has fallen year over year for the fist time in a very long time so there is a trend developing. One report said over optimistic listing prices just prolongs the natural decline in prices that needs to happen. I tend to agree. What are your thoughts?
I am not a real estate person, but on the Big Island prices are still going down.. At the moment there are a lack of buyers.. so the price goes down. Last years $500,000 condo is this years $375000 * I look at the Sunday want ads*
Kelly Mitchell, Hawaii Realtor on the Hawaii version HGTV’s “My House is Worth What?”
Duration : 0:10:23
I am located in Hawaii.
Looking for 30-yr fixed rate mortgage.
Seems Internet Mortgage Lenders (IML) offer better interest rates than local lenders.
Concerned about long term viability and stability of IMLs.
Concerned about responsiveness and lack of local representative.
Are IMLs able to consistently close loans at specified rates?
Anyone have personal experience with them?
What do realtors think of online lenders?
Specific lenders of interest include: The Money Store, AimLoan, Home Finance of America
I’m going to have to disagree with the choir of local mortgage brokers chiming in here.
Let me try to answer your questions
1. Shop for the best rate, certainly an online lender may be able to give you a slightly better price as their salespeople may not be motivated directly by the rate they charge. Local mortgage brokers always earn more money if they are able to charge you a higher rate.
2. Use a reputable company, do you research. Quicken Loans, HFA, The Money Store are all relatively reputable. All major brands such as Countrywide, American Home Mortgage, Washington Mutual, also offer mortgages "online" via a centralized lending center.
3. Unless it is important to you to feel comfortable looking at your mortgage processors, you don’t need a local representative from the mortgage company. The mortgage company will find you a reputable local real estate appraiser and closing agent.
4. Certainly. IMLs can close loans at specified rates, in fact due to the lack of in person relationship, their practices tend to be under much higher scrutiny than the glad-handing local mortgage broker who will take you out for a beer after signing the papers.
5. Thankfully, no problems in my experiences, I have done everything online since 1999.
6. They frankly don’t like them, as Realtors like to control the mortgage business. It gives them leverage with the appraisers, settlement agents and mortgage lenders, and potentially pays in gifts and incentives to become buddies with your local mortgage broker.
Hope this helps. In general, any company can do a bad job or act dishonestly with a consumer. Online or offline. Work with a reputable company. Do your homework but don’t be blinded by the simple fact that a company may be local.
Clips of on Spotlight on Hawaii Realtors. Produced by Michael Shockley. No teleprompters used.
Duration : 0:3:53
Anyone at Seattle or Oregon State including realtors knows if there’s any home values between 250-300K for at least 2500 sq. 3 bed. 2 bath, not that far away from town where most jobs are with good public schools for kids till High school? I heard this is impossible now and the homes go up to the millions for my criteria, that’s almost close to the home value as here in Hawaii where I live now. Thanks for your input.
Just using:
http://www.realestate.com/axx/applications/cob/asp/NSMetroSearch.asp?metro=ORPortland&ESOURCEID=769790&ef_id=1042:3:1020200320_portland%20mls_s:rU1oCUNIYX4AAD5MBgIAAAAK:20071118104140&800num=1-866-903-5196&sem=021&city=Portland&state=OR&propTypes=4,%203,%202&promo=00101&gclid=COSVkeqa5o8CFRwzYQod6BgQiA
came up with dozens of houses in the Portland area. You will have to do a separate search for the ratings of the school districts, but Oregon is definitely cheaper than Hawaii. Seattle will be more expensive. Another possibility is Vancouver, Washington, just over the river from Portland.
Your best bet in finding a new place to live is to go there and visit for a week and check out the neighborhoods (and jobs) iin person.
Good luck!
KD in Maui
If you missed the Pacific Rim Conference 2008 of the Hawaii Association of REALTORS then here is your update. Doug Devitre filmed videos live from the convention using his Flip Video camera and wants you to come back next time.
Duration : 0:2:2
The best way to become a realtor is to take a course in Real Estate and become certified by the State of Hawaii to become a licensed Real Estate salesperson. After you have gained some experience, in moderate selling, take additional courses that can prepare you to take the test to get licensed to become a Real Estate broker.
Education and perserverance is the key in any undertaking that involves contract, market rates, and extensive interpersonal communication with potential sellers and buyers. I was once a licensed Real Estate person for the State of Illinois, and it is attainable if you have the drive and determination to do it, especially while the interest rates are much lower than they were in many years ago.
I hope that this information has been helpful to you.
Samples of TV show host Erin Deatrick on Spotlight on Hawaii Realtors. Produced by Michael Shockley. No teleprompters used.
Duration : 0:3:53
Mother died, went to Hawaii to decompress; gave realtor $50,000 as deposit on condo that, having returned home and come to my senses, I cannot afford and do not want. Will I have to forfeit all of the $50,000, or is some more "reasonable" foreiture possible. If seller want to keep the $50,000, what is my recourse?
The dispersal of funds should be addressed in your purchase and sale agreement. Without having access to that document, I have no way of fully answering your question.
HAWAIIS REALTORS SHOWCASE: Allure Waikiki