by Dan Polimino | Apr 5, 2010 | Buying, Hawaii Real Estate, Luxury Market, Selling
In this market, sellers now realize that every showing counts, and then counts some more. In fact, nothing is more frustrating for the seller and the realtor than getting a lot of showings, but no offers or nibbles. The question then becomes: “Why is this occurring, and how many showings are normal before getting an offer?”
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 | Sep 14, 2009 | Hawaii Real Estate, Luxury Market
Quick Answer: The 2009 stimulus plan initially injected funds into state and local infrastructure projects, but critics argue it did not produce sustainable economic recovery because it functioned as a one-time infusion rather than a catalyst for long-term private...
by Dan Polimino | Aug 24, 2009 | Financing, Hawaii Real Estate
Quick Answer: Current lending guidelines for luxury properties on the Kona-Kohala Coast are highly fluid and can change rapidly, often within weeks. Buyers must be exceptionally well-prepared with strong credit scores, substantial down payments, and excellent...