Large water heaters are unsightly appliances that home-sellers would rather hide. Although it’s not always possible to banish these structures, it is possible to replace them with a version that is not as overbearing. Tankless water heaters have the potential to make one home stand out amongst the competition, but they do have some disadvantages along with the benefits.
Pro: Tankless Water Heaters Use Less Energy
Traditional water heaters continuously heat water that is just sitting in the tank, and this requires energy. Tankless water heaters, on the other hand, do not heat the water until someone needs it. Therefore, they are more energy-efficient and cost less to operate.
Pro: Tankless Water Heaters Last Longer
Traditional water heaters will need to be replaced after about a decade, but tankless water heaters can last much longer. If someone is planning on purchasing a home with a new tankless water heater, he or she would not have to think about replacing it for about 20 years.
Some people try to apply for as small of a mortgage payment as they can reasonably afford to, and there is some prudence associated with this line of thinking. After all, recent economic events have shown that those who get over-extended may wind up in a dire financial situation. Continue reading
Live the paradise dream in this unique, one of a kind home in Kailua designed by an architect as his private residence. This is the only duplex in the prestigious Bluestone townhomes.
Last week’s economic news was dominated by labor reports and FHA’s announcement that it will lower its mortgage insurance premiums in an effort to make homes more affordable for first-time and moderate income home buyers. Mortgage rates fell last week as employment reports showed strengthening job markets. The details: Continue reading
Are you thinking about selling a tenant occupied property? If so, you’re likely trying to discern how to best inform the current tenants and conduct the sales process in a way that works well for all of the parties involved. In today’s blog post we’ll explore how to sell your home while you’re renting it out to tenants and share three tips that can make the process a bit easier.
#1: Review Local Laws and Your Tenancy Agreement
First, you’ll want to break out your tenancy agreement and download any state, provincial or municipal laws that apply to landlord-tenant relations. Selling a home with renters living in it can result in a number of sticky situations. You’ll want to ensure that you conduct yourself in accordance with the rule of law as you may end up in court if the process goes sour.
You will love the spacious, airy rooms that make up this Wailea Fairway Estates signature home, with lots of natural light, towering high ceilings, and skylights. Everything about this home is larger-than-life, from the gracious living room with spacious lanais on three sides to the immense master suite overlooking the expansive pool deck.
The minutes of the Fed’s Federal Open Market Committee (FOMC) indicate that Fed policymakers aren’t concerned about low inflation rates as an obstacle to raising the target federal funds rate.
The national inflation rate was 1.50 percent for the 13 months ending in October. The inflation rate as reported in the Consumer Price Index (CPI) dropped to 1.25 percent in November.
The Core Consumer Price Index, which excludes food and energy sectors, showed an inflation rate of 1.75 percent. The Fed has repeatedly cited a target of 2.00 percent inflation, but inflation rates have remained consistently lower.
Recent freefall in fuel prices is keeping inflation below the Fed’s target range, although long-term indicators for inflation remained stable.
Today’s home buyers are savvier about their buying options than ever before. They are able to research prices, browse listings, and investigate other important factors before even making the first call to a real estate agent. So professional photography and video can make the difference between your home getting a second look or getting skipped. In today’s blog post we’ll explore how professionally-shot aerial photos and videos can help you get your home sold that much quicker. Continue reading
This home has curb appeal galore, but it’s possibly even better from the inside. Nearly leveled, lushly landscaped lot with fragrant flowers, tropical fruits, and plush green lawn. This Big Island home with golf course, mountain, and ocean views is quite picturesque.