by Dan Polimino | Sep 17, 2008 | Hawaii Real Estate
Quick Answer: While 55+ communities can offer a desirable lifestyle, the current market for these properties, particularly in luxury second-home destinations like the Kona-Kohala Coast, faces unique challenges. Many potential buyers are struggling to sell their...
by Dan Polimino | Aug 8, 2008 | Hawaii Real Estate
Quick Answer: The first-time homebuyer tax credit is 10% of the property value up to $7,500, fully refundable, but it often functions as an interest-free loan to be repaid over 15 years. If you sell your home within 15 years, you generally have to repay the remaining...
by Dan Polimino | Jul 25, 2008 | Hawaii Real Estate
Quick Answer: To avoid real estate scams, especially when buying a vacation rental on the Kona-Kohala Coast, always verify the identity and licensing of agents through official sources, insist on seeing properties in person or through trusted virtual tours, and never...
by Dan Polimino | Jul 17, 2008 | Hawaii Real Estate
Quick Answer: When hiring a luxury real estate agent on the Kona-Kohala Coast, watch out for six critical red flags: a know-it-all attitude, gossiping, constant complaining, acting like a salesperson, poor listening skills, and a part-time commitment. Avoiding these...
by Dan Polimino | Jul 10, 2008 | Hawaii Real Estate
Quick Answer: Economic policy shifts, particularly those affecting interest rates and consumer confidence, can influence the luxury real estate market on the Kona-Kohala Coast. For owners of a Mauna Kea vacation rental, these changes may affect visitor bookings and...
by Dan Polimino | May 29, 2008 | Hawaii Real Estate
Quick Answer: The recent NAR settlement is expected to introduce greater transparency and negotiation flexibility regarding real estate commissions. Buyer agents may increasingly be compensated directly by their clients rather than through the seller’s listing broker....