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96827 : Real Estate Advice

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Activity 179
Thu Oct 11, 2012
Frank Diaz answered:
Good question. I think you need a historian for this one.

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Fri Sep 21, 2012
Sandra Albrecht answered:
READ the whole lease before signing it. If you are a first time renter in the State of Hawaii, make sure to read all the fine print. I know it is a lot of reading, but it will give you a general understanding of what is expected of you during the lease term.

By law, You are not to be charged more than a full months rent as Security Deposit. If you have a pet the landlord SHOULD NOT be collecting a Pet Deposit. A professional Property Manager is aware of the laws, however if you are renting directly from the homeowner they may not be aware of all the laws, so Renter Beware!
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Mon Mar 5, 2012
Big Rock Investments answered:
The average short sale, when handled by a professional who knows what they're doing, is typically 4 to 6 months. Of course, they can take much longer depending on the surrounding situation, such as # of lenders, size of liens and buyer's offer.

If there's a realtor working with the short seller, then just do your diligence and submit your offer to the agent.

If there's no agent yet you're aware of seller directly, then you'll need to have a third party process the short sale on behalf of the seller.

The process typically follows as such: short sale package is submitted to the lender(s), property is marketed, BPO (broker price opinion) is conducted to relay to the lender the fair market value and condition of the property, an offer is accepted by the lender(s) (or not) and a closing is scheduled accordingly.

There are various pitfalls that can occur along the way, so it's important that the person coordinating the short sale knows what they're doing. As long as you understand the timeframe involved and your offer is sound, you should be in a good place.
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Mon Mar 5, 2012
Bill Parecki answered:
The best information that I can give you is to find an experienced, knowledgeable and successful agent in the area that you are looking to buy a home in. As a buyer it does not cost you anything for that representation. You would not operate on yourself so don't try and learn everything about the real estate market in an area. It good to be informed and your real estate agent can do that. As a first time buyer you need the best representation you can find. Give me a call and let me know where you are looking to buy and I can refer you to an expert in that area.

Bill Parecki, RS, ABR, RDCPro, SFR, E-Pro, CFA 808-345-8818
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Sat Jun 30, 2012
Don Tepper answered:
The public tax records may indicate that. And the tax records won't be based on address, but rather lot and square number (or perhaps another method of categorization--I don't know specifically about Hawaii).

If that doesn't work, contact a Honolulu Realtor.

Hope that helps.
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0 votes 9 answers Share Flag
Wed Apr 25, 2012
Kimo Smigielski answered:
The short answer? Anything is negotiable during contract negotiations. A blanket closing cost credit for X dollars could be requested or specific costs could be negotiated to have the Sellers pay the full amount.

You just have to make sure your lender will allow the credits because each lender has a threshold for credits.
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Fri Mar 2, 2012
David M Nash answered:
I have a whole video series that helps sellers know what to do prior to selling a home.

Here is one in particular that answers your questions.

David Nash
TheOahuAgents Team Leader
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Mon May 28, 2012
Monique Ting answered:
First-time home buyers might not be aware of all of the closing costs, that can add up to a sizable sum. They also have to be prepared to pay upfront for the property inspection which is due, whether the purchase goes through or not. They should ask their buyer agent and loan officer to explain the details of all of the costs involved in the purchase of the home.
Because a home purchase has legal repercussions and involves large sums of money and , they should make sure they understand all of the papers they are signing and not hesitate to ask for clarification if they don't.
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Wed Feb 29, 2012
Joni Shiraishi answered:
I am following up on this and will get back to you.

Aloha, Joni
0 votes 1 answer Share Flag
Fri Mar 16, 2012
Joni Shiraishi answered:
If you can send me the unit number, I can check the tax records regarding ownership.

Aloha, Joni Shiraishi
MOKULANI Properties, Inc
(808) 479.8035
0 votes 3 answers Share Flag
Sat Mar 24, 2012
Frank Diaz answered:
Hi N_joyn,

Please send a link to the original ad and the property address if you have it.

0 votes 6 answers Share Flag
Mon Oct 8, 2012
Frank Diaz answered:
Aloha Franck,

Here is an article I wrote recently. It will answer some of your questions:

Call or email and I can give you more information.

Frank Diaz
East Oahu Realty
808.791.2277 direct
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0 votes 12 answers Share Flag
Tue Mar 19, 2013
Frank Diaz answered:
Carl Frazier at Cornerstone

Bill Ramsey

Warren Dote - The Property Managers, Ltd.,
0 votes 4 answers Share Flag
Fri Dec 16, 2011
Angie Simpson answered:

Not sure I know what tax credit you are referring to. The federal first time homebuyer tax credit expired last year. So if that is what you mean, the answer is no.

Angie Simpson
Coldwell Banker
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Tue Dec 6, 2011
Edyta Gryc answered:
I am not sure if you are one of these 3 students or you are a landlord or...Anyway, it is not much anybody can do. The best way is to try to work things out.I assume,nobody wants to end up in a courthouse to try to enforce the terms of lease agreement (only in case all 3 names appear on the lease).
You may try to let the person move out only if he/she finds another person that will replace her/him (and will continue paying his/her share of rent payment).
I hope you will find a satisfactory solution.
Good luck!
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0 votes 5 answers Share Flag
Wed Nov 23, 2011
Kimo Smigielski answered:
Depends on where you are finding these rental listings. Craigslist is a great resource but has many more scammers lurking around than other reputable sites.

For the most reliable listings I would check out as that pulls from our local MLS which is loaded by Realtors.

Other times, you may just have bad luck and are inquiring on rentals that are already rented but haven't been updated by the agent or owner.
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Fri Nov 11, 2011
Kimo Smigielski answered:
B. Tenants. When it is the tenant who wishes to terminate the tenancy, the tenant must give the landlord written notice no less than 28 days before the anticipated termination date. The tenant is responsible for payment of rent through the date stated in the termination notice, or through the date it is rerented, whichever comes first. ... more
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Tue Nov 1, 2011
Ralph Gray answered:
No he is not responsible for the loan, but the bank can foreclose on the property, since the lien is on the property.
0 votes 4 answers Share Flag
Thu Oct 27, 2011
Clark Miyazaki, R answered:
400a...thursday...october 27 2011


the building at 1254 lunalilo street is for sale:

1) mls - 1105999

2) list price - $3,250,000

3) total number of units 15 - 12 -1 bedroom, 3 - 2 bedroom and 17 parkings

your question is apt 1254 lunalilo street vacated:

1) the mls fact indicates it is not vacated, purchase 'subject to tenancy'

if, your question refers to a an apartment rental:

1) i could not find an apartment listed for rent on the honolulu board or realtors website

hope this helps and thank you for using


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0 votes 2 answers Share Flag
Sat Jul 14, 2012
David M Nash answered:
You should call an insurance agent to get a policy. You should have a renters policy and the owner should have a owner's policy to make sure the unit and liability is properly protected.

Call me if you want tips on renting property and making sure the landlord is on the up and up.

David Nash

Insurance agent to call:
Heather Lee- Allstate Insurance
808 456 8001
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