by Dan Polimino | Mar 25, 2009 | Hawaii Real Estate
Quick Answer: For those considering luxury real estate investments, towns like Atherton, California, with an average net worth of $1,648,161, and Brookville, New York, with an average net worth of $1,670,075, stand out as strong contenders based on 2008 data. These...
by Dan Polimino | Mar 23, 2009 | Hawaii Real Estate
Quick Answer: Facebook can be a surprisingly effective tool for finding luxury properties such as vacation rentals in Mauna Kea or second homes in Hualalai by leveraging its vast social network, targeted search capabilities, and specialized real estate groups. While...
by Dan Polimino | Mar 14, 2009 | Hawaii Real Estate
Quick Answer: The 2007 Omnibus Appropriations Bill permanently prohibits banks from entering the real estate brokerage business. This separation helps protect real estate buyers and sellers by preventing potential conflicts of interest that could arise if banks...
by Dan Polimino | Mar 6, 2009 | Hawaii Real Estate
Quick Answer: The “cramdown” bill, officially the “Helping Families Save Their Home Act,” aimed to allow bankruptcy judges to modify mortgages, potentially reducing principal, lowering interest rates, and extending loan terms. For luxury second homeowners on the...
by Dan Polimino | Mar 2, 2009 | Hawaii Real Estate
Quick Answer: During periods of economic uncertainty, luxury vacation rentals on the Kona-Kohala Coast can offer a resilient investment. These properties often perform well because of consistent demand from high-net-worth travelers. While market fluctuations are...
by Dan Polimino | Feb 6, 2009 | Hawaii Real Estate
Quick Answer: A proposed federal tax credit of up to $15,000 for home buyers, if passed, could significantly alter the landscape for luxury second-home purchases and vacation rental investments on the Kona-Kohala Coast. Unlike previous credits, this one would be...
