by Dan Polimino | May 18, 2009 | Buying
Quick Answer: While 100% financing for a second home or vacation rental on the Kona-Kohala Coast is rare, programs such as USDA Rural Development and VA loans offer no-down-payment options primarily for primary residences in qualifying areas or for eligible veterans....
by Dan Polimino | May 13, 2009 | Buying
Quick Answer: The federal First-Time Home Buyer Tax Credit, which offered up to $8,000 for qualifying purchases, expired on April 30, 2010. While this specific program is no longer available, other federal and state assistance programs may exist for Hawaii residents....
by Dan Polimino | May 11, 2009 | Buying
Quick Answer: Buying a second home on the Kona-Kohala Coast involves six critical steps: pre-qualification with a luxury lender, selecting an experienced local agent, finding the right property, making a strategic offer, conducting a thorough inspection, and...
by Dan Polimino | Apr 27, 2009 | Buying, Selling
Quick Answer: Yes, inflexibility with showing times can significantly reduce your chances of selling, especially for luxury properties on the Kona-Kohala Coast. In a market where qualified buyers often have limited windows to view homes, being unaccommodating can mean...
by Dan Polimino | Apr 20, 2009 | Buying
Quick Answer: Trading homes, or making a contingent offer, can be a strategic move in the luxury Kona-Kohala Coast market, especially when you need to leverage equity from your current residence to purchase property in Hualalai or Mauna Kea. This approach can...
by Dan Polimino | Apr 7, 2009 | Buying
Quick Answer: The best approach is to buy when you find a property that meets your needs and budget rather than trying to perfectly time the market. Waiting for the absolute bottom often means missing out on great opportunities, since market turning points are rarely...
