hanamaulu homes: Kauai foreclosure REO update for 8/14/2009 - 08/14/09 08:57 PM
Can you believe it's already the middle of August?  Where does the time go?  Before you know it, the $8,000 federal tax credit will be gone.  As of now, it is set to expire the end of November.  If you are a first time buyer, or someone who hasn't had an ownership interest in a home in the last 3 years, the closk is ticking.  You have to close escrow and have the property in your name by November 30th to get the tax credit.
There seems to be a lot of activity this month, many buyers have decided it is … (0 comments)

hanamaulu homes: Kauai foreclosure REO update for 8/4/2009 - 08/06/09 08:35 PM
 July sales were up again, which makes several months of increasing number of sales.  This is an indicator that we may be at or near the bottom of the market.  Only when prices are rising will we really have comfirmation of when the bottom WAS.
There does seem to be a lot more activity in the market, more offers, and more closings.   With the Federal tax credit for 1st time buyers set to expire November 2009, and the lower prices of homes right now, many 1st time buyers are jumping at the opportunity to get into a home now.
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Sheila Morales, Your Kauai Hawaii Agent (Kauai Property Shop) Rainmaker large

Sheila Morales

Your Kauai Hawaii Agent

Kapaa, HI

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Kauai Property Shop

Address: PO Box 465, Kapaa, HI, 96746

Office: 808.652.1900

Mobile: 808.652.1900

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