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Real Estate - Rentals, Sales & Land

Margaret Reynolds, Broker...

"Let me make your transition to Paradise a Successful One!"

 

MLS #236321
$1,750,000
003 HAO KUNI PL KAILUA-KONA HI 96740
Up Palani to Hao Kuni. Turn left (West). Drive to the end. Turn into Gated Community, Third property on your left.
3 Bed, 4.01 Bath Residential Detached Fee Simple Property in Kona Plantation Estate
 

World Class Estate located on Hawaii's majestic Kona-Kohala Coast!

Dramatic reduction of $1,400,000 from the original listing price on this World Class Estate located on Hawaii's majestic Kona-Kohala Coast, situated at a perfect location between the Mountain and the Ocean. 1.6 acres assures unobstructed, panoramic views of the Pacific Ocean stretching North and South along the coast and year round sunsets. Located in a small, private, gated community, this is an outstanding, newly constructed residence of over 6500 sq. ft of unsurpassed quality under a Monier tile roof.
Some of the many features include:
*Spectacular master suite with a lavish master bath and huge master shower and two secondary master suites with 10 ft
coffered ceilings trimmed with African ribbon mahogany. 
*4.5 bathrooms with African ribbon mahogany cabinets, doors and moldings, granite counter tops and extensive custom tile work.
*Huge, gourmet kitchen with African ribbon mahogany cabinets and golden persa granite
counter tops, top of the line Viking appliances, African mahogany trimmed coffered ceilings and a Butler?s pantry.
*Palatial great room with a soaring 18 ft. open beam ceiling with 36? x 24? clear span African ribbon mahogany doors and pre-wired for theatre style surround sound. 
*3000 sq. ft. lanai with an 18 ft. Infinity edge spa that adjoins a beautiful dusty/sapphire blue 50 ft. by 10 ft. lap pool. 
*Gorgeous, custom 8? x 6? African ribbon mahogany double entry doors with sidelights.
*State of the art eight zone sound system with eight source capability.
*Beautiful quartzite flooring.
*African mahogany moldings and doors throughout. 
*Over sized 3 car garage and porte-cochere.
*Extensive landscaping, outdoor lighting and rock walls.
*Owners Tennis courts and pavilion.
*3 zoned air conditioning and a security system 
This is a unique opportunity to own an incredible Hawaiian Estate of exceptional quality and design.
Ask about Owner Financing!
Property Type: Residential   TMK # 3-7-3-52-19   Status: Active DOM:366   Price: $895,000  
Address: 73-1220  KUAKAPU ST 

Absolutely Gorgeous, Mediterranean Style Home in a Very Upscale Neighborhood! Magnificent home constructed by the builder of the Hilton Resort Waikoloa as his personal home. Three Master Suites! Huge Pool and Spa for Entertaining! Unbelievable Shoreline Ocean Views from Every Main Room! 
*Panoramic Shoreline Ocean Views from the Huge Kitchen that is a Chef's delight. Gorgeous Granite Counter tops! Gas, Six Burner, Russell cook top, Sub-Zero Refrigerator, Gas Double Viking Oven, Nutone, built in Island Blender, top of the line Kitchen aide Dishwasher, Lift up cupboards to hold a Blender, Mixer or Food Processor.
*There is a lovely dining area for casual dinners with a cozy, circular window seat. The family room/den is off of the kitchen and dining area and has Brazilian tiger wood flooring, recessed lighting, a trayed/coffered ceiling with soffitt lighting and an incredible Ocean View.
*The Formal Living Room and Dining Room are Large, with Brazilian Tiger Wood Floors, Trayed/Coffered Ceilings with Soffitt Lighting and Sweeping Ocean Views.
*The Main Floor Master Suite is Large and Luxurious with its Marble Bath Room with Large Tub and Shower with His and Her sinks and vanities, Gorgeous Ocean Views and Private Lanais.
*Fabulous Entry with a Marble Inlaid Flooring Foyer.
*Teak Office with Built ins with more Tiger Wood Flooring. 
*The two Secondary Master Suites have their own private Marble Bathrooms. They also have gorgeous shoreline ocean views!
*Second Entertainment/Family Room with Tiled floors and 180 degree Ocean Views.
*Gorgeous Pool and Spa w/ Cabana Bath complete the setting for an Entertainer's delight! 
*$150,000 in Landscaping by Kaz Shigezawa of Landscape Images.
*Gardener's dream w/ special area just for planting. 
*Central Music & Intercom System.
*Fruit trees: oranges, mini mangoes, palmellos, limon, and apple bananas. 
*Stucco block walls & solar hot water.
*Huge over sized 3 car garage w/ teak built ins

Please call Margaret 808-960-8945. 

 

 

With gorgeous weather, famous historical sites, exciting outdoor activities, entertaining cultural life, and close-knit resort communities, the city of Kailua-Kona offers something for virtually everyone. It has long been one of the more popular destinations in all of Hawaii. Even the renowned Kamehameha the Great himself, the first King of Hawaii, came here to retire. 

If you're ready for a move to paradise, let real estate agent Margaret Reynolds make your transition a successful one. She specializes in locating ideal properties for clients within a wide range of budgets, she works hard to deliver superior results. Margaret is there for you through every phase of the process, from identifying promising properties to getting the best possible value for your new home. If you're selling, you can count on Margaret to maximize your home value and attract serious buyers from around the world.

Margaret has helped clients locate everything from state-of-the-art condos in upscale resorts to romantic, remote hideaways. As a longtime resident of the Big Island herself, she is personally familiar with numerous communities in the area, including the neighborhoods and resorts of Kailua-Kona. If you'll be moving to the Big Island with your family, Margaret will gladly provide you with detailed information on local schools and other relevant community information.

Moving to a place as beautiful and inviting as Hawaii shouldn't be a stressful experience. For a real estate search as enjoyable as island living itself, please don't hesitate to contact Margaret at margaretreynolds@hawaii.rr.com or call her direct at 808 960 8945
View! View!! One of the best lots in the Ranchos! This lot has a graded house pad, yard area and driveway and is ready to build your dream home. The utility poles are located conveniently across the street and out of the view line. The lot is at a great elevation towards the top of the Ranchos. Lovely Ocean View Ranchos! Beautiful Ocean Coastline Views of the Waves and South Point. This lot has already been staked! Walk out a bit and the whole shoreline opens up!

 

 

There are also some lovely Ohia trees on it.
Neighborhood is already well on its way to being established!
This is an up and coming area located 50 miles south of Kailua Kona with paved roads electric and telephone. 
Ocean View has supermarkets, gas stations, restaurants, more shopping and plazas under construction and much much more.
Owner will carry with $10,000 down for 3 years.

Contact Margaret 960-8945 for more info
Seller is related to the listing Broker.  

 

 

 

 

 

 

 

 

 

 
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Property Type: Land   TMK # 3-7-5-43-26   Status: Active DOM:29   Price: $229,000  
Address:  Puapuaanui 

The Heights on Hualalai! Fabulous Expansive ocean view at a perfect elevation of over 700 feet from this 17,746 sq.ft lot.

This is one of the best addresses in the area. Recent sales of homes in this neighborhood have been over $1,000,000!
Unbelievable shoreline view
5 minutes from town
Easy access
Low Monthly maintenance fees
Incredible Value

Directions: Take Hualalai Road up from the Queen K-Past Hienaloli Road. Turn right at Puapuaanui St.
Approximately 1.1 mile from the Queen K

Call Margaret for more info 960-8945

 

   

 

 

 

 

 

 

 

 

 

 

 

Hawaii Real Estate Agents & FSBO's:

If you have a YOU TUBE video of your property, let us run it here on The Big Island Reporter Real Estate Page!

We are indexed on all the major search engines and we attract readers and viewers worldwide already because of our local news and video content. Let your video enhance your ad linking to your web site for verifiable response. 

Call us at 808.326.7919 or e-mail your ad copy to:

TheBigIslandReporter@GMail.com 

 

Our ad rates are the lowest in the Hawaii Market: Your ad runs EVERYDAY in The Big Island Reporter at only $150 for a full year and we ADD 1 year free to match your paid ad giving you a 2 year ad run linking to your web site for less than the cost of a 1 day or 1 time ad in what you are probably using now. ALL FOR $150

Take your Real Estate advertising to the Next Level at a marketing rate you can afford. As a California Realtor about to license here in Hawaii, I know if you don't advertise daily, your real estate biz will suffer.

Your Money

Maybe It’s Time to Buy That First House

Ben Garvin for The New York Times

Jaime and Michael Proman put down 20 percent when they bought their home this fall in Lowry Hill in Minneapolis.

Published: December 5, 2008

Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers.

Then, everyone who sat on their down payment savings accounts for a few years too long will kick themselves for not taking advantage of what may turn out to be the buying opportunity of a lifetime for those who can qualify for a mortgage.

Unfortunately, we do not know when this golden age will begin, because we will be able to identify a bottom to the housing market only with the benefit of hindsight. But as it does with the stock market, the moment will probably arrive when everyone is feeling the most pessimistic.

That moment is certainly getting closer. Housing prices have fallen drastically from their peak levels in many areas of the country. Rates on 30-year fixed-rate mortgages are already close to 5.5 percent, and this week there were suggestions that the federal government might try to drive them down to 4.5 percent, a truly incredible figure to be able to lock in for three decades.

Meanwhile, first-time home buyers have the same advantage they have always had, which is that they do not have to sell their old place before buying a new one. That is an added advantage in areas where many available houses simply are not moving, because the people trying to sell them will not be bidding against you.

If you’re hoping for a recovery in the housing market, you ought to be cheering on the first-time home buyers. When they purchase homes, their sellers are free to move on or move up, stimulating further sales.

But if you are a potential first-time buyer yourself, or lending or giving the down payment to one, you are probably as frightened as you are tempted by all the “For Sale” signs that have become “On Sale” signs. So let’s quickly review some of the still-grim pricing data in certain areas — and consider the reasoning offered up by first-time buyers who have forged ahead anyhow.

As is always the case with real estate, much depends on location. One study, “The Changing Prospects for Building Home Equity,” tries to predict where today’s first-time buyers in the 100 biggest metropolitan areas may actually have less home equity by 2012 as a result of continued price declines. The verdict was that buyers in 33 of the markets could see a decline by 2012, including potential six-figure drops on an average home in the New York City, Los Angeles, San Francisco and Seattle metropolitan areas.

This is obviously scary. (I’ve linked to the study, a joint effort of the Center for Economic and Policy Research and the National Low Income Housing Coalition, from the version of this article at nytimes.com/yourmoney.) It’s worth noting, however, that these predictions came before the government made its most recent move to reduce borrowing costs.

Also, the price projections in the study are based, in part, on the fact that the ratio of purchase prices to annual rents is still higher in many areas than the historical average, which is roughly 15 times rents. While past figures may well have some predictive value, I have never been convinced that first-time buyers compare a home that they could own and one that they would rent in purely or even primarily economic terms.

When Jaime and Michael Proman moved this fall to Minneapolis, his hometown, from New York City, they craved a different sort of life after two years together in a 450-square-foot studio apartment. “We didn’t want a sterile apartment feel,” said Mr. Proman, who is 28 (his wife is 26). “We wanted something that was permanent and very much a reflection of us.”

The fact is, in many parts of the country there are few if any attractive rentals for people looking to put down roots and enjoy the sort of amenities they may spot on cable television home improvement shows. Comparing a rental with a place that you may own seems almost pointless in these situations, especially for those who are now grown up enough to want to make their own decisions about décor without consulting the landlord.

Still, for anyone feeling the urge to buy, a number of practical considerations have changed in the last year or two. The basics are back, like spending no more than 28 percent of your pretax income on mortgage payments, taxes and insurance. Even if a lender does not hold you to this when you go in for preapproval, you should hold yourself to it.

You will also want to start now on any project to improve your credit score because it may take several months to get it above the 720 level that qualifies you for many of the best mortgage rates.

John Ulzheimer, president of consumer education for credit.com, a consumer credit information and application site, suggests starting to pay down and put away credit cards months before you apply for a loan. That is because the credit scoring system could penalize you if you use a lot of credit each month, even if you always pay in full. Also, check your three credit reports (it’s free) at annualcreditreport.com and dispute errors.

Maybe It’s Time to Buy That First House

(Page 2 of 2)

While no one can easily predict the likelihood of losing a job, Friday’s startling unemployment figures suggest the need for caution if you think you might be vulnerable. A. C. Panella, who teaches communications at Pasadena City College in California, waited until she had a tenure-track job before buying a home in the Highland Park section of Los Angeles with her partner, Amy Goldman, a lawyer for a nonprofit organization. “We could afford the mortgage payment on one salary, were something to come up,” Ms. Panella, 31, said. “It’s really about being able to stay within our means.”

For many first-time home buyers, that philosophy stretches to the down payment, too. Ms. Panella and her partner put down 20 percent when they bought their home in September, as did the Promans when they bought their home in the Lowry Hill neighborhood of Minneapolis.

Alison Nowak, 29, put just 3 percent down on a Federal Housing Administration-backed loan last month when she and her partner, Lacey Mamak, bought a $149,900, 800-square-foot home several miles south of where the Promans live. “Anything that is an opportunity also has a bit of risk,” she said. Her house was in foreclosure before a plumber bought it and fixed it up. “One way we mitigated it was that we bought a really tiny house in a very good neighborhood.”

One other strategy might be to buy new instead of used. Ian Shepherdson, chief United States economist for the research firm High Frequency Economics, says he believes that a steep drop-off in inventory of new homes is coming soon, thanks to a rapid decrease in home builder activity.

Since prices generally soften in the winter, it may make sense to start looking seriously once the mercury bottoms out. “If you look at new developments next spring, you may not have the choice you thought you would have or be in the bargaining position you thought you would be,” Mr. Shepherdson said. Also, if you wait after June 30, you will miss out on a $7,500 federal tax credit for income-eligible first-time home buyers that works like an interest-free loan.

Finally, allow yourself to consider how it would feel if you bought and then prices dropped another 10 or 15 percent. It might not bother you if you plan to stick around. Plenty of people seem to be making a longer commitment to their homes. According to a survey that the National Association of Realtors released last month, typical first-time buyers plan to stay in their home 10 years, up from 7 last year.

Perhaps people are more aware that they will not be able to build equity as rapidly as others did in the real estate boom. Or they simply have more confidence in hard, hometown assets now than in other markets.

“We wouldn’t let another decline bother us,” said Michael Proman. “You can never time a bottom. This is a long-term investment for us, and it truly is the best investment we have in our portfolio right now.”

 

 

   
   
 
 
 
 
 
 
Looking for investors to purchase ocean front properties with me, hold until the market changes, I'll find them, research them, appraise them, make the offers ( low) , handle the closings, manage the properties, then for the right price, sell the properties. You provide cash and /or credit. Some properties may have seller financing. some will be vacant lots, others will have homes on them, some will be vacation rentals, some will be made into a vacation rental. we could build on vacant lots. I have 30 years experience in real estate, construction, and property management. call Gary 
 

 

 

The Functions of Escrow

Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, seller and lender, the escrow process was developed.

As a buyer or seller, you want to be certain all conditions of sale have been met before property and money change hands. The technical definition of an escrow is a transaction where one party engaged in the sale, transfer or lease of real or personal property with another person delivers a written instrument, money or other items of value to a neutral third person, called an escrow agent or escrow holder. This third person holds the money or items for disbursement upon the happening of a specified event or the performance of a specified condition.

Simply stated, the escrow holder impartially carries out the written instructions given by the principals. This includes receiving funds and documents necessary to comply with those instructions, completing or obtaining required forms and handling final delivery of all items to the proper parties upon the successful completion of the escrow.

The escrow must be provided with the necessary information to close the transaction. This may include loan documents, tax statements, fire and other insurance policies, title insurance policies, terms of sale and any seller-assisted financing, and requests for payment for various services to be paid out of escrow funds.

If the transaction is dependent on arranging new financing, it is the buyer's or the buyer's agent's responsibility to make the necessary arrangements. Documentation of the new loan agreement must be in the hands of the escrow holder before the transfer of property can take place. A real estate agent can help identify appropriate lending institutions.

When all the instructions in the escrow have been carried out, the closing can take place. At this time, all outstanding funds are collected and fees--such as title insurance premiums, real estate commissions, termite inspection charges--are paid. Title to the property is then transferred under the terms of the escrow instructions and appropriate title insurance is issued.

Payment of funds at the close of escrow should be in the form acceptable to the escrow, since out-of-town and personal checks can cause days of delay in processing the transaction.

The following items represent a typical list of what an escrow holder does and does not do:

The Escrow Holder :

·             serves as the neutral "stakeholder" and the communications link to all parties in the transaction

·             prepares escrow instructions

·             requests a preliminary title search to determine the present condition of title to the property

·             requests a beneficiary's statement if debt or obligation is to be taken over by the buyer

·             complies with lender's requirements, specified in the escrow agreement

·             receives purchase funds from the buyer

·             prepares or secures the deed or other documents related to escrow

·             prorates taxes, interest, insurance and rents according to instructions

·             secures releases of all contingencies or other conditions as imposed on any particular escrow

·             records deeds and any other documents as instructed

·             requests issuance of the title insurance policy

·             closes escrow when all the instructions of buyer and seller have been carried out

·             disburses funds as authorized by instructions, including charges for title insurance, recording fees, real estate commissions and loan payoffs

·             prepares final statements for the parties accounting for the disposition of all funds deposited in escrow. (These are useful in the preparation of tax returns.)

The Escrow Holder Does Not:

·             offer legal advice

·             negotiate the transaction

·             offer investment advice

Your local title company will be happy to provide additional information.

Hawaii Foreclosure Laws

Hawaii

Attorney General's Office

425 Queen St.
Honolulu, HI 96813
Tel: (808)586-1500
www.hawaii.gov/ag

Type of Document: Mortgage

Types of Foreclosure:

Non-judicial: Available if the power of sale clause is included in the mortgage document.

Judicial: Without a power of sale clause the foreclosure must be handled by lawsuit in the courts.

Deficiency judgement: Available to lender under a judicial foreclosure only.

Redemption: None, in any type of foreclosure

What do I have to do to get a real estate salesperson's license? Hawaii
Upon passing the examination, the test center personnel will give you the instructions and application form, along with the score report and any other documentation as required per the instructions.

You may file your complete application, with proper fees, and the required documents by mail to:

Real Estate Commission
DCCA/PVL
Licensing Branch
P. O. Box 3469
Honolulu, HI 96801

Or hand deliver to:

Licensing Branch
335 Merchant Street, Room 301
Honolulu, HI 96813

What if I am a licensed salesperson in a state other than Hawaii? Hawaii

We are not reciprocal with any other State, however, a salesperson may qualify for an equivalency to the prelicense education requirement and/or the equivalency to the Uniform Examination.
Please review the real estate salesperson's Flowchart and General Information Sheet for general steps on becoming a Hawaii licensed real estate salesperson on active status.
Individuals with a current and unencumbered real estate salesperson's license in another state may become a Hawaii real estate broker with the approval of the proper applications (see the real estate broker Flowchart for additional information).
  1. What do I have to do to get a real estate salesperson's license? Hawaii
  2. What do I have to do to get a real estate broker's license? Hawaii
  3. What if I am a licensed salesperson in a state other than Hawaii? Hawaii
  4. What if I am a licensed broker in a state other than Hawaii? Hawaii
  5. How do I arrange to take the real estate examination? Hawaii
  6. What if I fail the exam? Hawaii
  7. Where can I get my application for real estate license and where do I file it? Hawaii
  8. How long will it take to approve my real estate license and when can I startworking? Hawaii
  9. Can I get license if I had a criminal conviction?Had disciplinaryactionon mylicense? Hawaii
  10. Where can I find out about the licensing requirements of another state? Hawaii
  11. What is the difference between active and inactive license? Hawaii
  12. Where can I find out about the licensing requirements of another state? Hawaii
  13. Why do we have to register the AOAO? Hawaii
  14. What is the Condominium Education Fund (CEF) and why doI have to pay this? Hawaii
  15. Must condominium occupants allow association personnel access to their units? Hawaii
  16. How does an association know if its reserves are adequate? Is $1,000 per apartment? Hawaii
  17. Are all apartment owners entitled to receive a copy of the board minutes? Hawaii
  18. Can I CPR my property, it has x amount of square feet and is zoned x? Hawaii
  19. What are Reserves? Hawaii
  20. When does the reserves law go into effect?Hawaii
  21. How does an association know if its reserves are sufficient? Hawaii
  22. Why was it necessary to pass the reserves law? Hawaii
  23. Why are association reserves necessary? Hawaii
  24. Won't this reserves law increase the cost of living in a condominium? Hawaii
  25. Can associations or their members do their own reserve studies or must they hire ? Hawaii
  26. What if the association's reserve studyis wrong thereserve turns out tobe inadequate? Hawaii
  27. If we change managing agents, will that reduce the maintenance fee requires? Hawaii
  28. Must the association have a separate reserve account for roof, elevators, or paving? Hawaii
  29. What if my board refuses to make a reserve study for our project ? Hawaii
  30. condo management late fees ? Hawaii
  31. Commercial Real Estate Deposit return - when? Hawaii
  32. Delinquency Notice Hawaii

 

 

 

 


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