Welcome to Our Blog Page

Get a Mortgage Approved for a Vacation Property

Investing in a Vacation Property? Learn What You'll Need to Have to Get A Mortgage ApprovedWith approximately one million people having purchased vacation homes in the last year, this type of residence is gaining popularity for those who are interested in a home in a beach setting or a vacation hot spot. However, while a second home can seem like a great purchase and solid investment opportunity, there are different requirements that go into this type of purchase. If you’re considering a vacation home, you may want to be aware of the following financial factors.

The Down Payment Amount

If you currently have a primary residence, you may be aware that you don’t need to put down 20% or even 10% in order to make a home purchase, but things are different when it comes to a vacation home. Because you will be taking on an additional mortgage, there is greater risk involved, and this means you will likely have to put in at least 10 percent. Because of this, many homebuyers utilize the equity they have in their first home to make up the down payment.

Continue reading

Share Button
Posted in Home Mortgage Tips | Tagged , , | Comments Off on Get a Mortgage Approved for a Vacation Property

The Pros and Cons of Mortgage Rate Locks

The Pros and Cons of Mortgage Rate LocksIf you’re just jumping into the game of home purchasing, you are likely considering all of your loan options and may even have heard the term mortgage rate lock. For those who don’t like to gamble, a mortgage rate lock can offer a bit of reassurance, but there are also some downsides to this type of protection. Before signing off on this, here are the details on rate locks so you can make an informed decision. Continue reading

Share Button
Posted in Home Mortgage Tips | Tagged , , | Comments Off on The Pros and Cons of Mortgage Rate Locks

Understanding ‘Disposable Income’ and How This Will Impact Your Mortgage Approval

Understanding 'Disposable Income' and How This Will Impact Your Mortgage ApprovalThere are few things more exciting than finding your ideal home, but with the rising cost of housing, a person’s dream home can often come with a very high purchase price. If you’re wondering how much home you can truly afford and how your cost of living will fare for your mortgage approval, here are some of the details on what you can expect when it comes to finding a home at an affordable price. Continue reading

Share Button
Posted in Home Mortgage Tips | Tagged , , | Comments Off on Understanding ‘Disposable Income’ and How This Will Impact Your Mortgage Approval

What’s Ahead For Mortgage Rates This Week – September 26, 2016

Last week’s economic news was abundant with releases on home builder sentiment, housing starts, building permits, sales of previously owned homes. The Federal Open Market Committee of the Federal Reserve released its customary statement at the conclusion of its meeting; Fed Chair Janet Yellen also gave a press conference. Weekly readings on new jobless claims and mortgage rates were released as usual. Continue reading

Share Button
Posted in Mortgage Rates | Tagged , | Comments Off on What’s Ahead For Mortgage Rates This Week – September 26, 2016

Understanding Home Seller Disclosures

Understanding Home Seller Disclosures and What Information You Need to Share When You SellWhen people buy a new home they have a right to be informed of the problems that they may face on the property and any issues that the home previously experienced.

However, as a seller it can be difficult to know whether the required Home Seller Disclosures information is being published. Nobody wants to appear misleading, especially when it can impact a sale, and making sure all the proper information is finding its way to the buyer is imperative to make the deal go through.

Continue reading

Share Button
Posted in Home Seller Tips | Tagged , , | Comments Off on Understanding Home Seller Disclosures

Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment

Mortgage Myths: Here's Why You Don't Need a Full 20 Percent Down Payment If you’re just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people struggle to come up with this amount of money. If you’re staving off home ownership, here are some reasons you may not need to hold off as you long as you thought.

Minimizing Your Insurance Costs

Putting down 20% of the total purchase price of your home is often suggested, but it doesn’t definitively mean that your application won’t be approved if you don’t. If you have a good credit score and are in good financial standing, putting less than 20% down means you’ll have to pay Private Mortgage Insurance (PMI); however, it can be worth paying the extra funds in order to get into the real estate market sooner and start paying into your most significant investment.

Continue reading

Share Button
Posted in Home Mortgage Tips | Tagged , , | Comments Off on Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment

What Types of Coverage Are Included in Standard Home Insurance Policies? Let’s Take a Look

What Types of Coverage Are Included in Standard Home Insurance Policies? Let's Take a LookEvery insurance policy is different and can provide certain levels of protection tailored towards the needs of the policy holder. However, there are some standard types of coverage that are included in most basic home insurance policies. Continue reading

Share Button
Posted in Around The Home | Tagged , , | Comments Off on What Types of Coverage Are Included in Standard Home Insurance Policies? Let’s Take a Look

Kakaako Luxury Condo at the Hokua

Honolulu’s most desirable Kakaako luxury condo at the Hokua. This unit has an unobstructed view of the Pacific Ocean, Magic Island, harbor, Ala Moana Park, and world-famous landmark Diamond Head. Beautifully upgraded with engineered wood flooring, Subzero appliances, wine cooler, gas stove, two walk-in closets, laundry room, and storage. First class amenities include fitness center, owner’s lounge with full catering kitchen, barbecue cabanas, dog park, pool, whirlpool, tennis court, guest suites and more. It’s a must see!

1288 Ala Moana Boulevard #6G - pool - view

Continue reading

Share Button

Princeville Townhome at Villas on the Prince

An abundance of natural light fills the main living area of this Princeville townhome giving it an inviting interior. With open views that extend across the fairway and the park, this remodeled 3-bedroom/3-bathroom unit is located in the beautifully landscaped gated community of Villas on the Prince on the North Shore of Kauai.

4141 QUEEN EMMAS DR #30 - kitchen

Continue reading

Share Button

5 Mistakes That Will Instantly Turn a Home Buyer Away – and How to Avoid Making Them

5 Mistakes That Will Instantly Turn a Home Buyer Away - and How to Avoid Making ThemIf you’re preparing to sell your home you’ve likely heard many tips and tricks to help close quickly, however few people will ever tell you what you’re doing wrong.

Don’t be your own roadblock to success! Avoid these common seller-mistakes to ensure that your home leaves a lasting impression on buyers, instead of sending them running for the hills. Continue reading

Share Button
Posted in Home Seller Tips | Tagged , , | Comments Off on 5 Mistakes That Will Instantly Turn a Home Buyer Away – and How to Avoid Making Them