by Dan Polimino | Jan 26, 2009 | Financing
Quick Answer: For buying luxury property on the Kona-Kohala Coast, a local lender can offer significant advantages. They often understand Hawaii-specific real estate considerations such as lava zones, local appraisal practices, and regional lending requirements....
by Dan Polimino | Jan 19, 2009 | Financing
Quick Answer: When selecting a realtor for your Hualalai vacation rental, look for someone who understands the resort’s specific market dynamics, can explain a clear and data-driven negotiation strategy, and has a recent track record of successful luxury sales. A...
by Dan Polimino | Dec 3, 2008 | Financing
Quick Answer: Sub-6% mortgage rates significantly enhance purchasing power for luxury properties on the Kona-Kohala Coast, making a second home or investment in areas like Hualalai more financially attractive by reducing monthly costs and increasing the pool of...
by Dan Polimino | Oct 22, 2008 | Financing
Quick Answer: Yes, luxury mortgages, including those for second homes and vacation rentals on the Kona-Kohala Coast, are still widely available. While underwriting standards are stricter than in previous years, qualified buyers can access conventional, jumbo, and...
by Dan Polimino | Sep 25, 2008 | Financing
Quick Answer: Rising interest rates, such as increases in 30-year fixed mortgage rates, can affect affordability and financing structures for luxury second homes and investment properties on the Kona-Kohala Coast. Higher rates may increase monthly mortgage payments...
by Dan Polimino | Sep 18, 2008 | Financing
Quick Answer: While national data shows an increase in mortgage modifications, the luxury real estate market on the Kona-Kohala Coast often operates differently. Buyers of Hawaii investment properties should focus on robust financial planning, substantial down...
