Keahi Pelayo's (honolulurealtoranimal) Blog

October 17th, 2008 categories: Honolulu Real Estate 101 In Honolulu, initially, it is not typical to have an attorney involved in the structuring of a normal contract for the purchase of a property.  This is due to the fact that members of the Honolulu Board of Realtors and Hawaii Association of ...

October 16th, 2008 categories: 1031 Exchanges, Buying Honolulu Real Estate The agent that represents the company that owns the building in which RE/MAX 808 Realty resides, recently told me that he did not expect office vacancy rates to rise.  His thesis was that during the recent real estate boom...

October 14th, 2008 categories: Rants & Riffs, Reasons To Sell A recent article on the price of oil posted at Forbes.com was entitled “Oil’s Outlook Darkens”.  At first blush, I thought it meant prices of oil were going to be rising again.  But a reading of the article shows that further per barre...

October 14th, 2008 categories: Distressed Properties, Rants & Riffs Pacific Business News is reporting that California foreclosures have dropped “dramatically”.  Given the State’s position as a leading indicator of things to come, this is great news!  Honolulu seems to have a very low foreclosure...

October 14th, 2008 categories: Rants & Riffs Here I go again!  Taking a political position in this PC world!  After watching the presidential debates I’ve been wondering how Obama is going to be able to give 95% of we unwashed masses a “tax cut” (for full disclosure purposes I am probably in the ...

October 14th, 2008 categories: Distressed Properties If you haven’t bought a Honolulu house or condo via a short sale here are some things to remember and prepare for. 1.  Be patient-the lender has to approve the sale and this could take 2 weeks (right!) to 2 months (more realistic) CLICK HERE TO...

October 13th, 2008 categories: Distressed Properties, Honolulu Real Estate 101 Are you considering buying a distressed property in Honolulu?  If this is your first time entering this arena, it might be helpful understand some of the terms you will run into.  What follows are a few of those terms ...

October 10th, 2008 categories: Honolulu Real Estate 101 Hawaii Real Estate Reporter has an excellent post regarding the ratings and rankings of Hawaii’s public schools.  Given that our private schools are so expensive ($17,000 a year plus or minus), if you can buy a home in a good public school d...

October 9th, 2008 categories: Honolulu Real Estate 101, Rants & Riffs A recent Pacific Business News article identified the zip code area of 96821 as Hawaii’s most affluent.  If you live there…CONGRATULATIONS! CLICK HERE TO GO TO THE POST.

October 8th, 2008 categories: Rants & Riffs In this time of financial uncertainty, it would be good for us to remember that we are Americans!  We are the people that put a man on the moon, won the Cold War and World War II, made 50 million Iraqis and Afghans free, brought the personal computer to...