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The question about how to hold title comes up often when purchasing property in Hawaii. It’s essential to understand the various ways to hold title, as this decision affects ownership rights, transferability, and estate planning. Here are the common methods: Tenancy in Severalty: This is sole ownership by one individual or entity. The owner has […]
On March 15, 2024, the National Association of REALTORS® (NAR) reached a settlement agreement with plaintiffs that could potentially end ongoing litigation regarding broker commissions. The $418M antitrust settlement took effect on August 17, 2024, and the final approval hearing is scheduled for November 26, 2024. It’s important to note that consumers will continue to […]
What are the determining factors of mortgage interest rate? We often hear that the mortgage rate is linked to yields of long term bonds and inflation. Here is the basics. Federal Reserve (FED) Rate: The FED sets the short-term interest rates for banks. When the FED rate goes up, borrowing money becomes more expensive for […]
While Emil and I have handled many transactions involving financing, we admit there are lots we do not know about financing. That is why we rely on experts like Todd Parsons and Origin Point to guide our clients to successful closing. Here is “Mortgage Myths” Series #2 with help from Todd. Below are some common […]
Compass recently announced to have Compass’s own mortgage origination company. Compass, Inc. (NYSE: COMP), the nation’s largest independent brokerage and a leading real estate technology company, and Guaranteed Rate, Inc. (“Guaranteed Rate”), one of the nation’s five largest retail mortgage companies, announced they have entered into a definitive agreement to form OriginPoint, a new mortgage […]
Located on the Kohala Coast of the island of Hawaii, the Mauna Lani Resort is one of the most popular resorts in Hawaii. The resort itself has been around since 1961 and offers an array of activities for guests, including golfing, swimming pools and spas, tennis courts, horseback riding trails, and more! The greater Mauna […]
Investing in a vacation home allows you to explore new places while helping develop yourself as a real estate investor. The vacation home landscape has seen significant growth since the advent of online rental platforms, such as Airbnb, in the marketplace. A vacation home not only generates extra income but also helps you avoid paying […]
The Big Island’s verdant tropical woodlands, endless volcanic sands, and inspiring historical drama leave an indelible mark on all who experience it firsthand — and Kailua-Kona, in particular, has the most tastefully lavish real estate offerings imaginable. It’s a remarkable change of pace for all who choose to resettle here. If you’re considering a move […]
