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Kai and I recently had the pleasure of spending a day with our long-time clients exploring luxury condos in the breathtaking Kohala Coast Resorts. As we assist them in listing their stunning Kona vacation rental, we are also actively searching for their perfect replacement property—a crucial step in their 1031 exchange process. With deadlines looming, […]
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 […]
Hawaii County faces a persistent housing shortage, influenced by limited land, high construction costs, and zoning restrictions, making affordable homes harder to secure. The Big Island, like much of Hawaii, has felt the impact, with many residents navigating crowded living conditions or considering relocation. As the gap between housing supply and demand grows, this new […]
Aloha and welcome to your new tropical sanctuary listed by KE Team! Nestled in the prestigious Ke Alohi Kai, an exclusive oceanfront gated community in Kailua Kona, this custom-built 4-bedroom, 7-bathroom home is the epitome of luxury island living. Whether you’re looking for a permanent residence, a vacation getaway, or a lucrative investment, this home […]
“I can not thank both Kai and Emil enough for such a positive experience during my condo sale. They reassured me every step of the way in selling my condo during a stressful time in my life. They made my sales transaction run very smoothly. While adding value with their attentive care and support, I […]
The National Association of Realtors (NAR) introduced the Clear Cooperation Policy to foster transparency in real estate transactions in 2019. The policy requires agents to submit listings to the Multiple Listing Service (MLS) within one business day of any public marketing. While the policy aims to ensure open access to property listings, many in the […]
We are thrilled to share the news of a successful closing on a beautiful home in the gated Keauhou Estates community. KE TEAM had the privilege of representing both the buyers and the sellers in this wonderful transaction, ensuring a seamless experience for everyone involved. We couldn’t be more pleased with how smoothly everything came […]
Understanding the Hawaii Condo Insurance Crisis In recent months, condo projects in Hawaii have faced skyrocketing insurance premiums, with some seeing increases of up to 400%. These hikes can lead to special assessments and significant increases in monthly maintenance fees for condo owners, as master insurance typically makes up about 30% of the budget. The […]
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 […]
