by Dan Polimino | Feb 12, 2010 | Buying, Financing, Hawaii Real Estate, Investing
So you are sitting on the sidelines right now missing out of the $8000 First Time Home Buyer Tax Credit because someone at the bank told you that your score was not good enough to buy right now. The banker probably did not provide much more information other than you “need to fix your credit and pay your bills on time” if you want to buy a house.
by Dan Polimino | Feb 5, 2010 | Buying, Financing, Hawaii Real Estate, Investing
Sure, as a new home buyer you are going to get your $8000 tax credit for buying a home (provided you close before the deadlines) and you will begin to “itemize” your tax deductions (real estate property taxes, mortgage interest, and points) going forward each year. All of these can potentially save you allot of money on your federal taxes which one of the many reasons people chose to buy rather than rent.
by Dan Polimino | Sep 23, 2009 | Buying, Hawaii Real Estate, Luxury Market, Selling
Quick Answer: The best real estate agent for your Hawaii second home on the Kona-Kohala Coast is a trusted advisor who prioritizes empowering you with transparent data and expert insights, rather than acting as a gatekeeper who restricts information. This shift in...
by Dan Polimino | Aug 4, 2009 | Buying
Quick Answer: To avoid decision fatigue, ask a luxury real estate agent about their process for pre-qualifying properties, their understanding of your specific lifestyle needs, and their ability to provide a curated selection of 5–7 top-tier homes. A skilled agent...
by Dan Polimino | Jul 16, 2009 | Buying
Quick Answer: The First-Time Home Buyer Tax Credit introduced in 2009 has expired and is no longer available. While direct federal tax credits for luxury second homes or investment properties are uncommon, buyers may still benefit from tax deductions such as mortgage...
by Dan Polimino | Jul 13, 2009 | Buying, Hawaii Real Estate, Luxury Market, Selling
Quick Answer: The current luxury real estate market on the Kona-Kohala Coast shows a noticeable disconnect between sellers and buyers. Sellers often base their prices on past peak valuations, while buyers respond to rising interest rates and increasing inventory. In...