GreatHawaiianHomes.com Blog

Honolulu Mass Transit?

Wed, 10 Sep 2008 00:19:22 -0500

I have been a big supporter of Honolulu's Lite-Rail project from way back when. It has taken so long to get this system going, I now have to wonder why we are not simply putting in more freeways? Our transportation department drilled a hole through the mountain that runs down the center of the island (Oahu), three times and each time they did they connected it to the only freeway we had, which is H1. They widened the road from Hawaii Kai and also connected it to H1. A newer (H2 twenty+ years old) freeway comes down the mountain from central Oahu and guess which highway they connected it to? Yup...H1.

Needless to say H1 is a mess from 5 AM to 10 AM, anytime around lunchtime, and then from 2 PM to 6:30 or 7 PM.

I guess my question is, how much will a rail system help our traffic? Doesn't it make sense to to build a new freeway system, one where you can get from one freeway to the other without simply being dumped into an already snarled traffic situation on the only existing cross town freeway?

We can call the AR Express. It sould start downtown and end downtown and go all the way around the entire island. This will cut traffic congestion by 50% as long as it has four lanes in both directions.

Has rail worked to cut congestion in your city?

Cheers-

Mike

...sent via iphone, sitting in traffic...

Oahu Real Estate and Mortgage Rates

Tue, 09 Sep 2008 22:48:50 -0500

The Real Estate Market on Oahu has been fairly stable. As residential mortgage interest rates have moved up, home prices have dipped a bit. The US Government took over Mortgage Giants Fannie Mae and Freddie Mac two days ago in an effort to stabilize the country's real estate market. What took many of us by surprise was that they lowered mortgage interest rate by nearly a 1/2 point!

For homebuyers with good credit, with FICO scores in the 700's, 30 year Fixed Rate Mortgages are available again at 6% with 0 points! Combine this with the large amount of homes on the market and you have a winning combination!

My favorite mortgage broker called me with the great news yesterday afternoon and I wanted to pass it along. Tana Feeley is a VP at Central Pacific HomeLoans and she is one of the best Mortgage Brokers I have ever worked with, and I have worked with many of them. She is the only person I know that might be able to actually return phone calls Faster than me!

The main thing, when you are shopping for a mortgage is that you are comfortable with whomever you are

working with. It is always a good thing to shop around to be sure you are getting the best deal. Compare money out of pocket at closing and monthly payments. Don't look too hard at the Interest Rate because many companies stick in various charges and fees that will actually increase your monthly payments.

Have a great day.

Cheers- Mike

When would you need a Project manager?

Tue, 09 Sep 2008 04:42:35 -0500

     Hulupala Project Management was created to assist our clients
with their need for honest and straight foreword  Residential Project Management on Oahu.

     In even a relitively simple residential renovation, there are many "Sub-Contractors" and each has a specific area of expertise.  We will help you select the right team for your requirements. Hulupala Project Management is not a General Contractor, rather we will help you select the right General Contractor, Architect, Pool Company to refinish your pool and all of the other Sub-Contractors you will need for your sucessful renovation project.

A Project Manager is like the conductor of a symphony. By coordinating each individual part, we create harmony and a high level of efficiency. We work to supervise the onsite team of sub-contractors and their employees and hold them accountable to Timelines, Budgets and Professionalism.

Here is a more specific outline of our duties;

Hulupala Project Management plans, directs, and coordinates activities of projects to ensure that goals or objectives of projects are accomplished within prescribed time frame and funding parameters. We may report to a director and we may have supervisors reporting to this position.

Hulupala Project Management reviews project proposals or plans to determine time frames, funding limitations, procedures for accomplishing projects, staffing requirements, and allotment of available resources to various phases of projects. We establish work plans and multi-disciplinary staffing for each phase of project, and arrange for recruitment or assignment of project personnel.

Hulupala Project Management manages project supervisors/leaders assigned to specific projects. Confers with project staff to outline work plan and to assign duties, responsibilities, and scope of authority. We may manage sub-contractors and their workforce. We direct and coordinate activities of project personnel to ensure project progresses on schedule and within prescribed budget. Reviews status reports prepared by project personnel and modifies schedules or plans as required. Prepares project reports for management, client, or others. Confers with project personnel to provide technical advice and to resolve problems.

Hulupala
Project
Management
for assistance in renovating your residential property.

Hawaii WOMF

Wed, 03 Sep 2008 18:59:01 -0500

The first platform I ever used for getting our information on to the "Information Super Highway" (Sorry for using the 1980's term) was Active Rain. It is still one of the best ways to get information out to your target market. There is a new and much smaller platform slowly growing across the World as we speak. It is called WOMF or Word Of Mouth Forum.

Not all communities are lucky enough to have a WOMF of thrie own, but Hawaii is one of the lucky places. The main difference with WOMF and AR is that each posting is reviewed for content and there is no self promotion or negative comments allowed. It is a place for people in a community to go when they have questions about anything. As a Realtor, I can write posts about anything Real Estate as long as I don't ask people to call me or talk about the services I provide. I am able to buy a small Banner Ad and these Ads are actually free right now. My Ad matches my Avatar or WOMF Face so people know that I am the same person the wrote the posts.

The other main thing I love about WOMF is that it is 100% directed at and to my community, or the areas I sell Real Estate in. Every person on WOMF, 18 and over, could be a client of mine. On AR I can reach thousands and thousands of people but they are spread all over the country. Most of the time the best I can hope for is a referral.

In their own words, this is how WOMF describes themselves.

Aloha Hawaii!
WOMF is about you. Your experiences, your opinions and your expertise. We want to hear what you have to say. Go ahead...Register and WOMF. It's easy!!

The Voice of Us^TM
WOMF is about our community talking to itself. Please pass this site on to friends you value the opinion of and ask them to do the same. The more we share the better it is for everybody. Mahalo!

I have talked as great deal with the WOMF Office on the Mainland and Lee Marshall is a wonderful guy. He is passionate about WOMF and Hawaii WOMF. We are very lucky to have a piece of our own of a world wide platform like Hawaii WOMF. I am starting a WOMF Club here in Honolulu. We will be focusing on helping businesses understand how to use and make the most of the Internet Marketing and the WOMF Platform. If you would like to be a part of our group, please email me at Mike@GreatHawaiianHomes.com or phone me at (808) 630-1828.

Cheers-

Mike

Open House Waipio Gentry oahu homes for sale

Sun, 10 Aug 2008 15:31:20 -0500

Hi All! If your are on Oahu, please join us at our first open house at 94-783 Kepakepa Place in lovely Waipio Gentry. This is a very well cared for 2 bedroom 1 Bath home with creamic tile, designer tile in bathroom, fenced yard, private lanai off guest room, updated kitchen, two car garage and is Move in Ready! MLS# 2812392 Listed at $519,000. Call Mike Ramsey Fujita RA at 808-630-1828.

I HOPE YOU WILL ALL BE ABLE TO COME BY THIS AFTERNOON!

Cheers-

Mike

Open House Waipio Gentry

Sun, 10 Aug 2008 15:24:15 -0500

Go Rail Go!

Thu, 07 Aug 2008 00:04:07 -0500

I believe the politics and the service industry go together like...well as I am trying to think of a politically correct example of total opposites, I can't...but they don't go together at all. The traffic in Honolulu is nasty, and I am one of those nuts that LOVES to drive!

We had a plan to put a rail system in place years ago but the incoming mayor killed the plan. Several mayors later it's back! We need it so bad, it's crazy that there is actually a Stop Rail Now" group. I don't know where these people live or who is behind them (Big Oil Perhaps???) but they must sit in the same traffic I do. Over the years it has become more and more packed on our streets and freeways.

What we will also need is a new freeway. The new freeway should run from deep on the West Side of the Island, past the Kahi Power Plant, through Kapolei and Ewa Beach and finally merge with the H1 on the far side of Downtown Honolulu. In the past we have build new freeways and just connected them to the end of the previously built freeways. The congestion at the merges creates a back up that takes a 20 minute drive and turns it into a 90 minute ordeal.

Rail will make an excellent first step and we will be able to expand it once we have the basic system in place. I would be very happy to ride an elevated train to work and save 50 to 60 minutes in the mornings and afternoons. Please join us at go rail go!

Oahu Real Estate Association

Tue, 05 Aug 2008 21:16:13 -0500

If you are a first time homebuyer or a homebuyer returning to an unfamiliar market, you may be time to educate yourself. With the Internet, it is easier than ever to gain access to information or you can sit down over a cup of coffee with your Realtor and get all of your facts. Call "Honolulu Realtors Mike and Gayle" and they will even buy the coffee!

The Real Estate Market can almost be thought of as "Alive". It has mood swings, up days and down days. It does not tend to like Rainy Days, Extreme Weather and kind of like the Grinch that Stole Christmas, it does not much care for the Holidays. When a Buyer enters the Real Estate Market, the Buyer must build an understanding of That Specific Housing Market.

You must determine what you can afford by locking in your interest rate with a qualified Mortgage Broker and knowing the corresponding monthly payment. Locking in an Interest Rate and Floating an Interest Rate for a residential mortgage are two very different things; you pay to float a rate. The amount you understand to be your monthly mortgage payment has to include Taxes, Insurance, Maintenance Fees, Association Fees and any other reoccurring monthly fees directly associated with your mortgage payment.

The next step is to find a home that is a good fit for you and for your lifestyle. Not so long ago, a buyer would call a Realtor and then the Realtor would show them the homes that the Realtor thought would be a good fit for them. Buyers would also ask friends about Oahu homes for sale in the areas the friends lived in, look in the newspaper in Honolulu Homes For Sale section, go to all the open houses and then still only have a partial view of all of their options. Today we have the Internet. Eighty percent plus of all people that are going to enter into a Real Estate Transaction start on the internet doing their research to educate themselves. This includes both Buyers and Sellers. Property Searches on websites range from awkward to highly functional. We put a TON of thought into ours and looked at it from our client's perspective.

Because the Internet is the way, many people find some of their own properties on Oahu, our job in the initial stages has become much easier. As a result we have decided that 6% listings, 3% to the buyer's agent and 3% to the seller's agent) is too much. We have started rebating 20% of our buyer's side commission back to our buyer clients. Call Honolulu Realtors Mike and Gayle for more information.

Even with our 20% Rebate Program, this transaction will likely become your largest asset ever so there is little room for error. On average, the National Association of Realtors estimates that homes double in value every ten years.

The entire process can seem overwhelming, so break it down to a step-by-step process with the result being that you will own your own home. We use time lines and reminder calls about meetings, inspections, signings and closing to keep us all on track.

To this end, Gayle and I have created a list of Do's and Don'ts to help buyers in this market. The more you understand about the process, the more confidence you will have and better decisions you will make about your new home.

The Dos

DO educate yourself on housing information in the areas you might want to buy in. Begin your search by arming yourself with information. RealtyTimes Market Conditions gives you a snapshot of thousands of local markets. Stick with the Local, known, long-time real estate information websites like GreatHawaiianHomes.com and Hulupala.com and you will learn more than you need to know about Oahu homes for sale and buying real estate on Oahu.

DO examine your credit score. You need to know your credit score. You may need to request corrections if there are errors. You may need to adjust your habits if your credit behavior is less than stellar. You might also need to take those steps before seeking a loan. This is an EXCELLENT time to look for a Mortgage Broker. The Mortgage Professional you work with should be very professional, treat you well, return calls and emails quickly and hopefully be able to sit with you and let you know the steps you need to take, if any to bring your score up, or bow at you feet if you have a great score already. Different loan programs, like any other product, have different "Costs". These Costs may be points, or fees, or the necessity or a better than average credit score. Click on the picture of Honolulu Realtor Gayle Fujita Ramsey and Shiloh for a link to her website talking about Credit Score Repair.

Your credit report is free from AnnualCreditReport.com . You can stagger retrieval of your credit report from each of the big three credit bureaus, getting one from a different agency every four months. Your report is free, but you may have to pay a small fee for your credit score (a numerical scoring of your creditworthiness) that lenders use to determine everything from your Mortgage Rate to Points they will charge you for making the loan. Learn more about your score at Privacy Rights Clearing House.

DO get yourself Pre-Qualified or Pre-Approved. Knowing what you are looking for as far as price will greatly help you in your search for your new home. The truth is the people tend to try to buy as much home as they can and often find themselves struggling to make the next 30 years of payments that follow. Go with the numbers and stay unemotional, until you find the right home at the right price, then do Your Happy Dance! An excellent Oahu Mortgage Broker is Tana Feeley CMPS, Vice President of Central Pacific HomeLoans. Sellers will want to work with the buyer that has the best chance of completing the transaction and not falling out of escrow due to financing problems.

DO work with Your Realtor to line up Your Team of Professionals. As a Realtor, I do Real Estate Transactions day in and day out. I maintain a list Real Estate Professionals that I will suggest to my clients to use. The reason for this is that I have seen great mortgage brokers, inspectors, architects and contractors and I have seen bad ones. My job is to protect you and your best interest. When I have a client that tells me they have a Mortgage Broker already to go, I cringe. I keep an open mind and hope the person is a great one. When calls are not being returned or the person has a poor attitude on the phone, red flags go up and I know I will have to be Extra Alert when it comes to their paperwork. We often do other people's jobs to help a transaction move smoothly and protect our clients.

DO look down the road ahead and buy a home that will fit into your lifestyle and needs. This may not be the last home you purchase so try to anticipate upcoming events. Starting a family or sending the kids off to college, starting a new business, starting a new job, Possible Elder Family Care are all things to take into consideration when deciding on your new home.

DO set your priorities of Needs vs. Wants vs. MUST HAVES. Write these items down on paper so you will stay on track during your search. It is OK to change the list during the search, but when you do, put it on the paper!

The Don'ts

DON'T jump at the first house you see. Keep an open mind and compare everything you saw at the end of the day. Speak about what you liked and did not like about each homes as you leave with your Realtor.

DON'T buy more house than you can afford. Lenders will often loan you up to as much as your credit worthiness will allow, but that may not be what you can comfortably afford. ON the National News, we heard repeatedly, "It's not my fault. They told me I could afford the house and they gave me the money" (that house is now in foreclosure). It is better to live with a comfortable mortgage payment in a home that you can upgrade latter if you decide to. I have a client that bought a home in one of Oahu's Luxury Neighborhoods for $1,500,000 and she said, "Wow, It's like this house only cost us $600,000!" This is because they bought smaller home years ago for $600,000 and when their family grew; they sold the first and bought the new one. As the market moved up in value across the island, their home kept pace.

DON'T treat your home like a short-term investment. Homes appreciate and depreciate in cycles. These cycles aren't so predictable. Don't expect your home's value to skyrocket. Buy a home because you need a roof over your head, not for a quick profit.

DON'T try to exactly time the market. Trends happen year to year, not transaction to transaction. Buy your home because it fits your financial and lifestyle needs. More people miss a great opportunity because the market moves up and they sit on the fence because they missed the bottom. It's kind of like trying to take a picture of the exact moment a "Superball" (by Whamo) is in full contact with the ground before it jumps up thirty feet. Good Luck!

DON'T buy a complicated Mortgage Loan. Talk with your Realtor about what you are thinking of for your loan, we have heard some crazy stories and will happily share with you any red flags we see. In this market, shopping around for the best loan and MONTHLY PAYMENT is an excellent idea. Read every detail of your loan contract and get some help understanding terms and provisions that confuse you. Again, lifestyle is key. Get a loan that fits.

For more Dos and Don'ts call on "Honolulu Realtors Mike and Gayle."

Hulupala.com for Oahu Homes For Sale, Oahu Relocations, Oahu Real Estate Information, Oahu Realtors Mike Ramsey Fujita and Gayle Fujita Ramsey RAs, Relocation Kits for Oahu, Oahu Home Buyer Kits and Oahu Home Seller Kits.

Horses on Oahu with Bert Miranda and www.HorseSynergy.org

Tue, 05 Aug 2008 01:53:30 -0500

Calling all Horse People on Oahu!!! Bert Miranda is coming to Oahu for three days of Private Horse Lessons. Bert will help your Horse and YOU to work together and have the ability to go in whatever direction you wish. I have placed the flyer for the event below as well as the contact information for Roberta Rita. Her area code is 808.

If you don't have a horse, you are more than welcomed to aduit the daily sessions. The audit cost is just $25.00 per day. Please call Roberta for directions to the ranch on Oahu or email Gayle at gfujita@hawaii.rr.com .

We hope you will be able to join us at Ham's Flats from August 14th to the 16th! If you need a home closer to the trails, we can help you with that as well! The are lots or great homes within minutes of Oahu's Horse Country and Equestrian Centers. For a complete listing of Oahu Homes For Sale, please see our click on the Oahu Homes For Sale Button.

Calling All Hawaii Real Estate Agents & Soon To Be Agents!

Fri, 01 Aug 2008 22:50:48 -0500

CALLING ALL HAWAII REAL ESTATE AGENTS!

If you are a Hawaii Real Estate Agent who wants to increase your business or have been thinking about getting your license activated, your time is NOW and this class is for you, please join us!

Realty Executives Oahu is about to start another session of

Executives In Training!

The EIT Program is an in depth training program. It is designed to take Real Estate Agents, who are not happy with their current sales volume as well as New Real Estate Agents that are just starting out in the industry, from how to create and work with the Purchase Contract and Addendums to Marketing, Advanced Marketing, Creating an Income and How To Make A Living As A Real Estate Agent In Hawaii.

Please call Gayle Fujita Ramsey RA,

Director of Training and Realtor Development, Realty Executives Oahu

at (808) 388-1485 to reserve your seat today or hold one for the next EIT Training Session!

Email gfujita@hawaii.rr.com

The Next Class Starts on Monday, August 4th, 2008. Seats are limited.

Honolulu Homes For Sale

Fri, 01 Aug 2008 21:30:52 -0500

Honolulu homes for sale range from Honolulu proper to Hawaii Kai to Kailua to Kaneohe up to the North Shore and back to Honolulu. Here are some of our listings on Oahu from all around the island. If you would like a bigger picture, please click on the GreatHawaiianHomes.com Logo to go to the Property Search.

Single Family
ML#: 2811266	Active		LP: $380,000*	FS - Fee Simple
TMK: 1-9-1-101-018-0000
Addr: 911749 Pepper Row
City: Ewa Beach		HI	Zip: 96706
Regn: Ewaplain			Neighborhood: EWA VILLAGES

Roofd Liv Ar: 1,184		New Dev/Const: No	Bedrms: 3
Roofd Oth Ar: 396		Yr Built: 1996	Baths: 2 / 0
Opn Lanai Ar: 160		Remod Yr:	Furnished: Partial

Garage SF:			Mon Maint Fees: $30
Land SF: 9,644			Mon Assn Fees: $
Acres: 0.221		Flood: D	Other Mon Fees: $
Zoning: 05 - R-5 Residential District		Mon Rental Inc: $	Total Mon Fees: $30

Assd Val Land: $388,100	Tax Year: 2008	Elem School: Ewa Beach
Assd Val Imprv: $147,000	Mon Taxes: $136	Middle School: Ilima
Assd Val Total: $535,100	Home Exemp: 0	High School: Campbell
Community Assn: Ewa Villages	Community Assn #:	CPR: No Public Rpt #:

LO:Realty Executives Oahu	LO#: (808) 949-0020	LT: ER	Comp: 3	Dual/Var:
LA: Michael R Fujita	LA#: (808) 630-1828	Desig: RA	GE Tax by Seller: Yes	Method:

LA Email: ramsey005@hawaii.rr.com	Pgr#:	LA Cell#: (808) 630-1828	Fx#: (808) 456-3343
CLO: Realty Executives Oahu	CLO#: (808) 949-0020		LD: 7/5/2008	XD: 7/4/2009
CLA: Gayle T Fujita Ramsey	CLA#: (808) 388-1485	Type:	DOM: 28
CL Email: gfujita@hawaii.rr.com	CLA Cell#: (808) 388-1485
Call Listor easy to show 630-1828. Please use Rene Yamauchi at Title Guaranty Pearl Ridge.

PRICED TO SELL! Short Sale Approval Required. Large Flat lot with Golf Course behind. Great neighborhood for kids, end of cul-de-sac. Central Air, Fenced Yard. Expanded Carport, Sprinklers and HUGE patio in backyard. Perfect for BBQs. Lanai enclosed without permit. SOLD AS IS.

View
     Golf Course
Lot Description
     Clear
Predominant Topography
     Level
Location
     Cul-De-Sac
     Dead End
Number of Stories
     One
Building Style
     Detached
Property Condition
     Average
Parking
     2Car
     Carport
Construction/Exterior Finish
     Above Ground
Roofing
     Asphalt Shingle
Pool

     None
Property Frontage
     Golf Course
Amenities
     Landscaped
     Lawn Sprinkler
     Patio/Deck
     Wall/Fence
Additional Rooms
     Enclosed Lanai
     Open Lanai
Floor Covering
     Vinyl
     W/W Carpet
Inclusions
     AC Central
     AC Split
     Blinds
     Ceiling Fan
     Disposal
     Dryer
     Microwave
     Range Hood

     Range/Oven
     Refrigerator
     Smoke Detector
     Solar
     Washer
Security
     Key
Easements
     Other
Set-Backs
     Of Record
Disclosures
     Lender Approval Reqd
     Non Resident Owner
     Property Disclosure Stmt
Other Fee Includes
     Association
Utilities Included
     Cable
     Connected
     Internet Cable
     Public Water
     Sewer Fee

     Telephone
Roads
     Paved
     County
Possession
     At Closing
Occupancy
     Vacant
Terms Acceptable
     Cash
     Conventional
Sale Conditions
     Short Sale
Land Recorded
     Land Court
Showing
     <8 Hrs Notice Reqd

Single Family
ML#: 2812392	Active		LP: $509,000	FS - Fee Simple
TMK: 1-9-4-117-052-0000
Addr: 94783 Kepakepa Pl
City: Waipahu		HI	Zip: 96797
Regn: Waipahu			Neighborhood: WAIPIO GENTRY

Roofd Liv Ar: 780		New Dev/Const: No	Bedrms: 2
Roofd Oth Ar: 0		Yr Built: 1983	Baths: 1 / 0
Opn Lanai Ar: 0		Remod Yr:	Furnished: Partial

Garage SF: 0			Mon Maint Fees: $8
Land SF: 2,833			Mon Assn Fees: $0
Acres: 0.065		Flood: D	Other Mon Fees: $0
Zoning: 05 - R-5 Residential District		Mon Rental Inc: $0	Total Mon Fees: $8

Assd Val Land: $352,200	Tax Year: 2008	Elem School: Kanoelani
Assd Val Imprv: $75,800	Mon Taxes: $96	Middle School: Highlands
Assd Val Total: $428,000	Home Exemp: 80000	High School: Pearl City
Community Assn: Waipio	Community Assn #: 808-671-2272	CPR: No Public Rpt #:

LO:Realty Executives Oahu	LO#: (808) 949-0020	LT: ER	Comp: 0	Dual/Var:
LA: Michael R Fujita	LA#: (808) 630-1828	Desig: RA	GE Tax by Seller: No	Method:

LA Email: ramsey005@hawaii.rr.com	Pgr#:	LA Cell#: (808) 630-1828	Fx#: (808) 456-3343
CLO: Realty Executives Oahu	CLO#: (808) 949-0020		LD: 7/26/2008	XD: 7/25/2009
CLA: Gayle T Fujita Ramsey	CLA#: (808) 388-1485	Type:	DOM: 7
CL Email: gfujita@hawaii.rr.com	CLA Cell#: (808) 388-1485

An Excellent, Move In Ready Home in Waipio Gentry! 2 Bedrooms, 1 Bathroom & Landscaped! Updated Kitchen, Ceramic Tile, Patios, Fenced Yard, Designer Tile in Bathroom, Private Patio off Guestroom, Two Car Garage, Ceiling Fans, Grassy Area for Fido to do his Business, On Cul-De-Sac, Fresh Paint...I'm Out of Breath...Low Yard Up Keep Too! Call Today, easy to see! This Home is EXTRA Clean!

View
     Sunset
Lot Description
     Clear
Predominant Topography
     Level
Location
     Cul-De-Sac
Number of Stories
     One
Building Style
     Detached
Property Condition
     Excellent
Parking
     2Car
     Driveway
     Garage
     Street
Construction/Exterior Finish
     DoubleWall
     Slab
     Wood Frame
Roofing

     Tile
Pool
     None
Property Frontage
     Other
Amenities
     None
     Landscaped
     Patio/Deck
     Wall/Fence
Additional Rooms
     None
Floor Covering
     Ceramic Tile
     W/W Carpet
Inclusions
     Auto Garage Door Opener
     Cable TV
     Dishwasher
     Disposal
     Dryer
     Microwave
     Range Hood
     Range/Oven

     Refrigerator
     Smoke Detector
     Washer
Security
     Key
Easements
     Other
Set-Backs
     C&C
     Of Record
Disclosures
     Call Listor
     Pet On Property
     Property Disclosure Stmt
     See Remarks
Other Fee Includes
     Association
Utilities Included
     Cable
     Connected
     Gas
     Public Water
     Sewer Connection Reqd
     Sewer Fee

     Telephone
     Underground Electricity
     Water
Roads
     Paved
Possession
     45 or Less
Occupancy
     Owner
Terms Acceptable
     Cash
     Conventional
     FHA
     VA
Land Recorded
     Land Court
Showing
     <8 Hrs Notice Reqd

Single Family
ML#: 2807700	Active		LP: $649,000*	FS - Fee Simple
TMK: 1-9-4-116-093-0000
Addr: 941120 Pulai St
City: Waipahu		HI	Zip: 96797
Regn: Waipahu			Neighborhood: WAIPIO GENTRY

Roofd Liv Ar: 2,044		New Dev/Const: No	Bedrms: 3
Roofd Oth Ar: 480		Yr Built: 1985	Baths: 2 / 1
Opn Lanai Ar: 480		Remod Yr:	Furnished: Partial

Garage SF: 436			Mon Maint Fees: $
Land SF: 6,013			Mon Assn Fees: $8
Acres: 0.138		Flood: D	Other Mon Fees: $
Zoning: 05 - R-5 Residential District		Mon Rental Inc: $	Total Mon Fees: $8

Assd Val Land: $446,500	Tax Year: 2007	Elem School: Kanoelani
Assd Val Imprv: $270,900	Mon Taxes: $394	Middle School: Highlands
Assd Val Total: $717,400	Home Exemp: 80000	High School: Pearl City
Community Assn: Gentry Waipio Comm	Community Assn #:	CPR: No Public Rpt #:

LO:Realty Executives Oahu	LO#: (808) 949-0020	LT: ER	Comp: 2.5	Dual/Var:
LA: Michael R Fujita	LA#: (808) 630-1828	Desig: RA	GE Tax by Seller: Yes	Method:

LA Email: ramsey005@hawaii.rr.com	Pgr#:	LA Cell#: (808) 630-1828	Fx#: (808) 456-3343
CLO: Realty Executives Oahu	CLO#: (808) 949-0020		LD: 5/6/2008	XD: 5/5/2009
CLA: Gayle T Fujita Ramsey	CLA#: (808) 388-1485	Type:	DOM: 88
CL Email: gfujita@hawaii.rr.com	CLA Cell#: (808) 388-1485
Seller says, 'SELL IT NOW!' Great condition but sold 'as is'. Please use Rene at TG Aiea. Call Mike for showing info 630-1828. Make it a GREAT Day!

Huge Price Drop! Great living in this spacious home situated on a large lot on a Cul De Sac. Large family room and huge covered lanai for your indoor and outdoor enjoyment. Fenced private yard. Fruit Trees, Ceramic Tile Entry, Kitchen & Family Room, Formal Livingroom. Great Location, Walk/Jog/Bike path, Costco, Waikele Shopping Center, Golf, Waipio Park & Bases. Seller says, 'SELL IT NOW!'

View
     Mountain
Lot Description
     Clear
Predominant Topography
     Level
Location
     Cul-De-Sac
     Dead End
Number of Stories
     Two
Building Style
     Zero Lot Line
Property Condition
     Above Average
Parking
     2Car
     Garage
Construction/Exterior Finish
     DoubleWall
     Slab
     Wood Frame
Roofing
     Composition

     Other
Pool
     None
Amenities
     Landscaped
     Other
     Patio/Deck
     Wall/Fence
Additional Rooms
     Den/Study
     Dining Area
     Dining Room
     Eat In Kitchen/Nook
     Family Room
     Open Lanai
     Other
Floor Covering
     Ceramic Tile
     W/W Carpet
Inclusions
     AC Window Unit
     Blinds
     Ceiling Fan
     Dishwasher

     Disposal
     Drapes
     Dryer
     Microwave
     Range/Oven
     Refrigerator
     Smoke Detector
     Washer
Security
     Key
Easements
     Electric
     Other
Set-Backs
     Of Record
Disclosures
     Call Listor
     Property Disclosure Stmt
Other Fee Includes
     Association
Utilities Included
     Cable
     Gas
     Telephone

     Water
Roads
     Paved
Possession
     45 or More
     At Closing
Occupancy
     Vacant
Terms Acceptable
     Cash
     Conventional
Land Recorded
     Land Court
Showing
     <8 Hrs Notice Reqd
     Lock Box

Single Family
ML#: 2802953	Active		LP: $1,199,000	FS - Fee Simple
TMK: 1-4-6-027-046-0000
Addr: 46465 Hulupala Wy
City: Kaneohe		HI	Zip: 96744
Regn: Kaneohe			Neighborhood: HAIKU PLANTATION

Roofd Liv Ar: 1,650		New Dev/Const: No	Bedrms: 3
Roofd Oth Ar:		Yr Built: 1972	Baths: 2 / 0
Opn Lanai Ar:		Remod Yr:	Furnished: Partial

Garage SF:			Mon Maint Fees: $120
Land SF: 74,836			Mon Assn Fees: $
Acres: 1.718		Flood: D	Other Mon Fees: $
Zoning: 56 - Country District		Mon Rental Inc: $	Total Mon Fees: $120

Assd Val Land: $750,300	Tax Year: 2007	Elem School: Heeia
Assd Val Imprv: $84,100	Mon Taxes: $190	Middle School: King
Assd Val Total: $834,400	Home Exemp: 80000	High School: Castle
Community Assn: Haiku Plantations	Community Assn #:	CPR: No Public Rpt #:

LO:Realty Executives Oahu	LO#: (808) 949-0020	LT: ER	Comp: 3	Dual/Var:
LA: Michael R Fujita	LA#: (808) 630-1828	Desig: RA	GE Tax by Seller: No	Method:

LA Email: ramsey005@hawaii.rr.com	Pgr#:	LA Cell#: (808) 630-1828	Fx#: (808) 456-3343
CLO: Realty Executives Oahu	CLO#: (808) 949-0020		LD: 2/17/2008	XD: 2/16/2009
CLA: Gayle T Fujita Ramsey	CLA#: (808) 388-1485	Type:	DOM: 167
CL Email: gfujita@hawaii.rr.com	CLA Cell#: (808) 388-1485
With a new roof, paint and some work inside it will be a great home again! Sq ft does not match tax records. Sold as is, please use Rene Yamauchi at TG Aiea.

Here's a wonderful home that lives like a tree house in Haiku Plantations with an OCEAN VIEW! It's on a quiet Cul-de-Sac and with a new roof, paint and some work inside it will be a great home again! Sitting on nearly 1.72 acres, this home has great privacy in this Exclusive Gated Community with 24 hour Guard Service! This home is being sold as is. Comes w/3 architectural drawings for new houses.

View
     City
     Coastline
     Marina/Canal
     Mountain
     Ocean
     Sunrise
Lot Description
     Irregular
     Wooded
Predominant Topography
     Hilly
     Level
Location
     Cul-De-Sac
Number of Stories
     Split Level
Building Style
     Detached
Property Condition
     Fair
Parking
     2Car

     Boat
     Carport
     Driveway
     Street
Construction/Exterior Finish
     Above Ground
     DoubleWall
     Wood Frame
Roofing
     Asphalt Shingle
     Wood Shake
Pool
     None
Amenities
     Patio/Deck
     Solar Heater
Additional Rooms
     Dining Room
     Family Room
     Laundry Room
     Open Lanai
Floor Covering
     Ceramic Tile

Inclusions
     Dishwasher
     Disposal
     Dryer
     Range Hood
     Range/Oven
     Refrigerator
     Smoke Detector
     Washer
Security
     Gated Community
     Key
Easements
     Other
Set-Backs
     Of Record
Disclosures
     Property Disclosure Stmt
Other Fee Includes
     Association
Utilities Included
     Cesspool
     Internet Cable

     Public Water
Roads
     Paved
     Private
Possession
     45 or Less
     At Closing
Occupancy
     Owner
Terms Acceptable
     Cash
     Conventional
Land Recorded
     Land Court
Showing
     <8 Hrs Notice Reqd
     Listor Must Be Present
     Lock Box

Single Family
ML#: 2720111	Active		LP: $2,400,000	FS - Fee Simple
TMK: 1-4-6-027-015-0000
Addr: 46482 Hulupala Pl
City: Kaneohe		HI	Zip: 96744
Regn: Kaneohe			Neighborhood: HAIKU PLANTATION

Roofd Liv Ar: 3,722		New Dev/Const: No	Bedrms: 5
Roofd Oth Ar: 1,000		Yr Built: 1972	Baths: 5 / 0
Opn Lanai Ar:		Remod Yr: 2003	Furnished: Partial

Garage SF: 760			Mon Maint Fees: $
Land SF: 50,965			Mon Assn Fees: $120
Acres: 1.170		Flood: D	Other Mon Fees: $
Zoning: 56 - Country District		Mon Rental Inc: $	Total Mon Fees: $120

Assd Val Land: $864,500	Tax Year: 2007	Elem School: Heeia
Assd Val Imprv: $607,400	Mon Taxes: $404	Middle School: King
Assd Val Total: $1,471,900	Home Exemp: 0	High School: Castle
Community Assn: Haiku Plantation	Community Assn #:	CPR: No Public Rpt #:

LO:Realty Executives Oahu	LO#: (808) 949-0020	LT: ER	Comp: 3.0	Dual/Var:
LA: Michael R Fujita	LA#: (808) 630-1828	Desig: RA	GE Tax by Seller: Yes	Method:

LA Email: ramsey005@hawaii.rr.com	Pgr#:	LA Cell#: (808) 630-1828	Fx#: (808) 456-3343
Lock Box:			LD: 11/15/2007	XD: 11/14/2008
			DOM: 261
Views, Views, Views! This home has it all and it's easy to see. Please call Mike at 630-1828 for showings. GO TO HULUPALA.COM FOR MORE PICTURES! Please use Rene Yamauchi TG Aiea, home is in great shape and it is being sold as is.

Here is a home of homes! 5 bedrooms, 5 bathrooms. Ocean & Bay views to make you melt. TONS of interior space to spread out into, a Lanai over looking your Pool, the Ocean, Bay and the lights of Kaneohe down below makes this the place to be! There is also a separate Maids/Guest house! If you are ready to walk into your dream house, this home is a must see!

View
     City
     Coastline
     Mountain
     Ocean
     Other
     Sunrise
Lot Description
     Irregular
Predominant Topography
     Terraced
Location
     Other
Number of Stories
     Three+
Building Style
     Detached
Property Condition
     Above Average
Parking
     3Car+
     Boat
     Carport
     Driveway
     Garage
Construction/Exterior Finish
     DoubleWall
     Wood Frame

Roofing
     Wood Shake
Pool
     In Ground
     Tile
Property Frontage
     Conservation
Amenities
     Entry
     Landscaped
     Maids/Guest Qrters
     Patio/Deck
     Storage
     Wall/Fence
Additional Rooms
     Dining Area
     Family Room
     Laundry Room
     Open Lanai
Floor Covering
     Ceramic Tile
     Hardwood
     Marble/Granite
     W/W Carpet
Inclusions
     Auto Garage Door Opener
     Cable TV
     Ceiling Fan

     Chandelier
     Convection Oven
     Dishwasher
     Disposal
     Dryer
     Gas Grill
     Home Warranty
     Microwave Hood
     Range/Oven
     Refrigerator
     Security System
     Smoke Detector
     Washer
Security
     Gated Community
     Key
Easements
     Other
Set-Backs
     Of Record
Disclosures
     Pet On Property
     Property Disclosure Stmt
Other Fee Includes
     Association
Utilities Included
     Cable
     Gas

     Internet Cable
     Public Water
     Septic
     Telephone
     Underground Electricity
     Water
Roads
     Paved
     Private
Possession
     At Closing
Occupancy
     Owner
Terms Acceptable
     Cash
     Conventional
Land Recorded
     Land Court
Showing
     <8 Hrs Notice Reqd
     Call Listor
     Lock Box

Honolulu Real Estate Investing Terms

Fri, 01 Aug 2008 20:25:24 -0500

Like any investment vehicle Oahu Real Estate and Real Estate as a whole has specific terms like any investment that an investor will need to know. Very often sellers or properties will start tossing them around to see if a potential buyer knows what he or she a talking about. Be on your best game, we're talking about money here!

Fee Simple - absolute title to land, free of any other claims against the title, which one can sell or pass to another by will or inheritance. This is a redundant form of "fee," but is used to show the fee (absolute title) is not a "conditional fee," or "determinable fee," or "fee tail." Like "fee" it is often used in deeds transferring title as in "Harry Hadit grants to Robert Gotit title in fee simple..." or similar words.

Leasehold- A leasehold interest is created when a fee simple land-owner enters into an agreement or contract called a ground lease with a lessee. A lessee buys leasehold rights much as one buys fee simple rights; however, the leasehold interest differs from the fee simple interest in several important respects. First, the buyer of residential leasehold property does not own the land and must pay ground rent. Second, his use of the land is limited to the remaining years covered by the lease. Therefore, the land returns to the lessor, and is called reversion. Depending on the provisions of any surrender clause in the lease, the buildings and other improvements on the land may also revert to the lessor. Finally, the use, maintenance, and alteration of the leased premises are subject to any restrictions contained in the lease.

Price/ Sq Ft -Price per Square Foot is a commonly used metric to compare properties. It is obtained by dividing the property price by the livable square feet in the property.

Rent/ Sq Ft- Rent per Square Foot is a commonly used metric to compare properties. It is obtained by dividing the estimated monthly property rental income by the livable square feet in the property.

Pre-tax Annual Cash-on-cash return- Pre-tax Annual Cash-on-cash return measures the annual total cash received by the Investor relative to the total investment in the property, before taxes.

Post-tax Annual Cash-on-cash return- Post -tax Annual Cash-on-cash return measures the annual total cash received by the Investor relative to the total investment in the property, after taxes.

Cap Rate- Cap Rate is the ratio of the net income produced by a property (after expenses, but independent of financing) and its price.

IRR - The Internal Rate of Return is the annualized effective compounded return rate which can be earned on the invested capital, i.e. the yield on the investment.

GRM - Gross Rent Multiplier is the ratio of the price of a property to its annual rental income before all expenses, including property taxes, property management, insurance, etc.

Rent Ratio- Rent Ratio is the ratio of the monthly rental income for a property to its price.

Pre-tax Annual Cash Flow- Pre-tax Annual Cash Flow measures the total cash returned to the Investor during the calendar year, after financing costs, but before taxes. The figure is independent of first-year down payment and closing costs, or final year sale proceeds.

Pre-tax Monthly Cash Flow - Pre-tax Monthly Cash Flow measures the total cash returned to the Investor during the average month, after financing costs, but before taxes. The figure is independent of first-year down payment and closing costs, or final year sale proceeds.

Post-tax Annual Cash Flow - Post -tax Annual Cash Flow measures the total cash returned to the Investor during the calendar year, after financing costs and taxes. The figure is independent of first-year down payment and closing costs, or final year sale proceeds.

Post -tax Monthly Cash Flow- Post-tax Monthly Cash Flow measures the total cash returned to the Investor during the average month, after financing costs and taxes. The figure is independent of first-year down payment and closing costs, or final year sale proceeds.

Equity in Property- Equity in Property measures the total equity owned by the Investor in the current year, including property value escalation, repaid loan principal, and property improvements.

Future Property Value-Future Property Value represents the Fair Market Value of the property in the current year, assuming property improvements and value escalation.

Cap Rate Implied by NOI/ Price- Cap Rate Implied by NOI/ Price derives the property "Cap Rate" by dividing the property's actual Net Operating Income (NOI), or income after expenses and taxes (but before financing), by the property price.

When you are ready to make a move on a commercial property, we will give you the same service excellance we give our residential buyer clients. Here is what they and you can expect from us.

Your home is probably one of the biggest purchases you and your family will ever make. Deciding on the right Oahu neighborhoods, the right time, the right amount of mortgage payments you can live with and even which home you will come to know as your own. It is our job to guide you through the entire process. From helping you find the right property to helping with the financing process, to making sure each and every real estate professional you come in contact with is working in your very best interest. This is what you can expect from us:

Our services are FREE to you because the Seller pays all Real Estate Commissions.

We Rebate our Buyer Clients 20% of our commissions! This is given to you as a credit at closing. You may apply the money to the Principle of your new home or use it as you see fit, it's your money!

When choosing a new home, it will be helpful to know if the list price is Fair Market Value, Priced Over Fair Market Value or a Real Bargain! Our high tech approach to valuation will give you this information Before we even visit the property for the first time.

We will go through the Hawaii Purchase Contractand ALL Addendums with you before you sign anything. You will also find a great deal of information about the Purchase Contract and its Contingency Descriptions on our website at www.GreatHawaiianHomes.com . This way, if you choose to become familiar with this document, you can.

We will give you recommendations on Real Estate Professionals whom are available to you. We maintain NO affiliation with any of these Professionals; they are simply the best at what they do in our opinion.

Buyer's Agent. Every buyer needs a buyer's agent that is dedicated to THEIR best interest. As Realtors, and members of the National Association of Realtors and the Honolulu Board of Realtors, we are duty bound and Licensed by the State of Hawaii to Protect your Best Interest at ALL Times.

We often work with Mainland Buyers and families doing Hawaii Relocations. This is easily accomplished by use of Posted Video Tours of homes they have selected to see more of from our emails, emailing of documents, faxing of documents by way of our Toll Free Fax Line, and by excellent communication skills. We have and can also email pdf Slideshows of homes for Mainland Buyers directly to their inbox.

Once we have fully explained the various contracts to you and you make an informed decision as to your acceptance or rejection of them, we will do the face to face negotiating with the Seller's Agent for you to be sure you are getting the best terms the Seller will give. We do our best to keep your transaction as stress free and pleasant as possible.

Not only will we walk through every home together, we will review all inspection reports generated during your transaction. It is important that you know exactly what you are buying and its condition, even inside the walls!

We are proud to have represented a great many families in their purchases of new homes. You will have the full benefit of our years of experience as Realtors acting as Buyer's Agents. We promise not to hold anything back from you...ever.

Our website at www.GreatHawaiianHomes.com is a big advantage to buyers. It explains the buying process in detail and many clients have to us for assistance because they like our website so much. It is very down to earth, just like us. Let's chat over coffee...