If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued
With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Hawaii anyway? Many homeowners across America and Hawaii are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued
While the housing market is rebounding, many people in Hawaii] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued
Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Hawaii, ? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If you stop … Continued
A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued
Understanding the foreclosure process in is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. But just … Continued
Do you have a Hawaii house that’s in foreclosure right now? Many people going through the foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can sell your property … Continued
Lease options offer would-be buyers a specified amount of time to qualify for a conventional mortgage before they purchase a property while enjoying all of the perks of homeownership. The benefits of the rent-to-own arrangement far outweigh the risks for savvy sellers. So, read on as we explore using a lease option to sell your … Continued
Is your dream home on the market? Then, you’d better move fast in the hot Hawaii real estate market like the one we are in now! Sellers are flush with cash buyers’ offers and benefit from selecting among buyers in bidding wars! Often, would-be buyers need to sell their existing homes for the funds before … Continued
There is a shortage of opportunities and high desirability of rent-to-own properties for buyers, making rent-to-own agreements offer a lucrative delayed exit strategy allowing real estate investors to squeeze a few extra dimes out of the returns on the property. In addition, the buyer maintains the property as if it were their own, typically up … Continued
For those who may be ready to sell yet can hold onto a house that is ready for rental for a few years longer, the rent-to-own scenario provides some perks that make rent-to-own an option worth considering. There is a large buyer pool waiting for these opportunities, seeking to attain the lifestyle that homeownership affords … Continued
If you own a rental home or property in Oahu that was trashed by a tenant when they left then make sure you read this article. We’re addressing the all-too-common problem that landlords have when they say, “Help! My last tenant trashed my Hawaii house!” Do you own a rental property in Hawaii? Did you … Continued
Are you thinking about selling your house? Perhaps you’re weighing the pros and cons of how to sell and wondering, “Should I Hire A Real Estate Agent To Sell My Home In Hawaii Or Sell To An Investor?” If so then this blog post is for you! (It also applies to anyone looking to sell … Continued
Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in ? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued