Hawaii real estate Source – Tip’s and Guides Helping Home Buyers and Sellers - Your Kapolei Real Estate Specialists

USDA Loans

USDA Loans: They're Not Just for Homes in the Boonies
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Countryside FieldHave you heard of USDA loans? If you're a low-to-moderate-income homebuyer who doesn't have a lot of money for a down payment and who needs lenient credit requirements, you (or your lender) are probably focused on FHA loans.

But if you haven't taken a look at USDA loans, you may be missing out on an incredible opportunity.

If you're saying to yourself, "But USDA loans are only for homes out in the sticks," that's understandable. It's true that the loans were designed to help buyers in rural areas. But "rural" is a broader term than you may realize.

On the USDA website, you can enter an address in the search bar and check if it's eligible, or you can drop a pin in a location to find out whether USDA financing is available in the area. Consider these interesting results: Frisco, TX, currently the fastest-growing city in the nation, is not eligible for a USDA loan, but Prosper, just to the north and being called, "The next Frisco," is eligible. The popular Valencia, CA, north of Los Angeles is not eligible, but areas of Santa Clarita, the city in which Valencia is located, are eligible. There's no harm in looking, and you might find a real gem in an up-and-coming area.
QUESTIONS? VISIT http://www.alohainvesting.com/
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Neaulani Kuamo'o-Peck (RA) RS 73536 CLS, CNAS RS 73536

Coldwell Banker Pacific Properties
RS 73536
808 358-9700

Neaulani@islandhomelife.com
http://www.alohainvesting.com/
Coldwell Banker and the Coldwell Banker Logo are registered service marks of Coldwell Banker Real Estate LLC. Coldwell Banker Pacific Properties is owned by a subsidiary of NRT LLC. If you have a brokerage relationship with another agency, this is not intended as a solicitation. 
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Remodeling Stats and Spending Trends

REAL ESTATE NEWS
Brought to you by Neaulani Kuamo'o-Peck (RA) RS 73536 CLS, CNAS
 
Remodeling Stats and Spending Trends to Inform Your Improvement Plans
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Thinking about remodeling? You're not alone. According to a report from the Harvard Joint Center for Housing Studies, home improvement spending in the U.S. is up more than 50% since 2010.

The study found that, "Spending on improvements and repairs to the US housing stock continued on an upward trend in 2017, setting a new high of $424 billion. This represents a 10% increase from 2015 and more than 50% gain from the low in 2010." According to their analysis, 22 million homeowners across the country completed at least one home improvement project in 2017.

Floor installation

"The report[…] attributed part of the increase to a shortage of new construction and a reliance on aging housing stock that requires upkeep and repair," said the New York Times. "Other factors include higher housing prices that have increased the available equity for home improvement loans, and a growing population of older homeowners who are financially equipped to pay for renovations."

The primary "spenders" fall into three main categories: Homeowners using surging equity to make improvements, homeowners playing catch-up on deferred maintenance and updates, and rental property owners.

The average expenditure on home improvement was rather modest; 40% of participants reported spending less than $2,500, and almost 75% spent less than $10,000.

Most common improvements

The most common project in 2017 was adding or replacing flooring, with 5.2 million homeowners, or 7%, upgrading their floors. The next most common projects were:

  • Adding or replacing plumbing fixtures
  • Built-in dishwashers or garbage disposals
  • New windows or doors
  • New water heaters
  • Top Listor Team Over all company 2015,2016,2017
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  • Top 1% NRT Agent Team with over 52,000 salespeople Nationwide
  • Top 100 Hawaii Realtors
  • Featured in HGTV's House Hunters & Hawaii News Now Real Estate of Mind 
  • Hawaii Business Magazine Most Transactions 2014,2015, 2017
  • “HELPING YOU BUILD WEALTH THROUGH REAL ESTATE”
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Cleaning Tips & Tricks

Floor Cleaning Tips & Tricks
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Regardless of how tidy you are, your floors, rugs, and carpets get dirty. Between the dirt you track in on your shoes, the accidental spills, and the inevitable accumulation of dust, your floors can get quite grimy. Here are a few cleaning tips and tricks for all types of flooring.

Natural Stone Floors
One of the most important rules when it comes to cleaning natural stone, is to steer clear of acidic products like vinegar, ammonia, or bleach, as they can ruin the stone. Your best bet is to use a pH-neutral cleaner that won’t react with the minerals in your stone floor.

Tile Floors
Tile is easy to clean. Simply combine ¼ cup of vinegar and one drop of dish soap in a spray bottle. Fill the rest with water and mix well. Spritz the mixture onto your tile surface and wipe it down with a microfiber cloth or mop. Steaming the tiles and grout will provide a deep cleaning.

Cleaning Supplies

Carpets
Unlike other flooring surfaces, carpets have their own set of rules. For a deep clean, it’s best to steam clean your carpets. For regular cleaning, using a vacuum should suffice.

Hardwood Floors
Wood floors need a lot of attention. Start by determining whether your floor is sealed or not. If it’s unsealed, avoid using water and instead try mineral oil and periodic coats of wax. If the floor is sealed, a simple mix of hot water and soap is a safe bet.

Linoleum
Start by sweeping or vacuuming the floor to get rid of dust, hair, and dirt. Then add about six drops of mild detergent or dish soap to a gallon of warm or hot water. Dampen a mop with the mixture and use it to clean the floor in sections. Avoid getting the mop too wet, and make sure to dry the floors with a towel when you’re done. Standing water can damage linoleum.
QUESTIONS? VISIT http://www.alohainvesting.com/
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Neaulani Kuamo'o-Peck (RA) RS 73536 CLS, CNAS RS 73536

Coldwell Banker Pacific Properties
RS 73536
808 358-9700

Neaulani@islandhomelife.com
http://www.alohainvesting.com/
Coldwell Banker and the Coldwell Banker Logo are registered service marks of Coldwell Banker Real Estate LLC. Coldwell Banker Pacific Properties is owned by a subsidiary of NRT LLC. If you have a brokerage relationship with another agency, this is not intended as a solicitation.
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Investment Property

Why an Investment Property Should Be Your First Real Estate Purchase
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For Rent
Not ready to buy a home for yourself but want to take advantage of great market conditions? Consider buying an investment property! It's a trend that's taking over real estate, as savvy investors look to put their money in an appreciating asset. Here are five reasons to consider it. 

1. Rates are crazy low. Lower rates mean more affordable lending, or more for your money if you choose to reach higher.

2. Because it will appreciate. According to CoreLogic, "The overall home price index (HPI) has increased on a year-over-year basis every month for seven years." The long-term price appreciation of real estate can provide one of the safest investments out there.

3. Because passive income is good. Yes, it's nice to know there will likely be appreciation over time, but the real key to success with investment properties is passive income.

"The best part about rental properties is that they provide a stable income," said Mashvisor. "What would be better than having a check sent to you every month? In order to have positive cash flow, you have to make sure you invest in a profitable rental property."

4. To turn it into a short-term rental. The short-term rental market has opened up a new world of opportunity for investors. By buying in the right location—by the beach, near a ski resort, or in close proximity to a popular annual event like Coachella, you have the potential of making a significant return in a short period of time. Just be sure to check the local laws, as lots of cities have been cracking down on Airbnb and other services.

5. Because it can help you buy the home of your dreams down the line. "Buying an investment property before your first home does not imply that you won't have the funds to purchase your actual home at some point," said Mashvisor. "In fact, investment properties that have been purchased wisely and have grown in value can offer you a sizeable amount of wealth and equity."



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Neaulani Kuamo'o-Peck (RA) RS 73536 CLS, CNAS RS 73536

Coldwell Banker Pacific Properties
RS 73536
808 358-9700

Neaulani@islandhomelife.com
http://www.alohainvesting.com/
Coldwell Banker and the Coldwell Banker Logo are registered service marks of Coldwell Banker Real Estate LLC. Coldwell Banker Pacific Properties is owned by a subsidiary of NRT LLC. If you have a brokerage relationship with another agency, this is not intended as a solicitation. 

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Kitchen Design Trends Inspired by Restaurant Kitchens

6 Kitchen Design Trends Inspired by Restaurant Kitchens
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Not all kitchen design trends stand the test of time, but a restaurant kitchen is meant to be as functional as possible for as long as possible. Taking a few cues from restaurant kitchens can help you create a residential kitchen that you'll be sure to love for years to come!

Restaurant Kitchen

1. Forget the Island
A kitchen island allows for lots of prep space and storage but can also make even a large space seem cramped and crowded. A work table in place of the kitchen island still provides plenty of room to work, offers shelving underneath for storage, and can be moved easily when not in use.

2. Consider a Stainless Steel Backsplash
Stainless steel is durable, doesn't absorb microbes, and is fire-resistant, which is why it's long been a popular material for commercial kitchen backsplashes. It's also easy to clean and coordinates with most kitchen styles.

3. Hang Utensil Rods
Rarely do restaurant kitchens keep utensils in drawers, as this is a surefire way to create a cluttered, jumbled mess. A utensil rod or two will keep all your kitchen tools organized, in plain sight, and close at hand.

4. Install a Magnetic Knife Strip
Much like utensil rods, many commercial kitchens include magnetic strips along walls to hold chefs' knives. Storing knives on a magnetic wall strip reduces the risk of cutting yourself while rooting around in a drawer and also allows you to easily see each knife blade type and size. A magnetic knife strip also eliminates the need for a bulky knife block on the countertop.

5. Use Wire Shelving in Your Pantry
Wire shelving allows for air circulation around your stored foodstuffs, reducing damage from heat and humidity. Wire shelves also don't need cleaning as often as standard wood shelves.

6. Install an Open Shelf Over the Stovetop
Many commercial kitchens feature an open shelf or two over the stovetop, for holding pots and pans, spices, timers, and even a recipe or prep instructions. Consider asking your kitchen contractor about an open shelf over your new stovetop, for added convenience and to break up the look of a bare wall behind the stove.
QUESTIONS? VISIT http://www.alohainvesting.com/
 
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Neaulani Kuamo'o-Peck (RA) RS 73536 CLS, CNAS RS 73536

Coldwell Banker Pacific Properties
RS 73536
808 358-9700

Neaulani@islandhomelife.com
http://www.alohainvesting.com/
Coldwell Banker and the Coldwell Banker Logo are registered service marks of Coldwell Banker Real Estate LLC. Coldwell Banker Pacific Properties is owned by a subsidiary of NRT LLC. If you have a brokerage relationship with another agency, this is not intended as a solicitation.
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Hula and Cultural


Hula and Cultural Immersion Program
Are you planning a trip to Hawaii?  Have you heard of the Hula?  Would experiencing the hula, music and Hawaiian culture being taught by a native Hawaiian Kumu add interest and value to your trip?
Join me for a 7,14 or 28 day immersion program into the authentic life philosophy of the hula and the Hawaiian culture.
The live-in immersion program is the way students were traditionally taught back in the time of our ancestors.  Students, known as Haumana, were removed from their homes and went to live with the kumu where the halau - school - became their life. 
I am a Kumuhula - Hula Teacher here on the island of Oahu.  I’ve been a kumu for over 40 years and have taught many, many haumana (students) both here in Hawaii and in California.  My goal is to perpetuate the hula, music and Hawaiian culture by sharing all of it with as many people as I can for as long as I can.  My hula comes down to me from my family lineage with my mom being my first kumu.  Through her teaching and my family line, I’ve learned to teach the spirit of the hula right along with the technical aspects.
Imagine seeing all the magic of the island and learning the culture from a Kanaka Maoli - Indigenous Person.  Not only will you be able to dance the hula, you will have the deeper knowledge and spiritual connection that is the hula.
During your time here, I will also teach you the ukulele and hawaiian songs.  And I’ll give you a taste of the Hawaiian language as well.  All this and a Hawaiian vacation too.  What more could you ask for?
PROGRAM DETAILS:
The is a “live-in residence” immersion at my house with myself and my husband in a workshop program environment.  I am the Kumu and my husband is my supporter and technical advisor.
The class sessions and immersion living allows you free time on your own to enjoy the sights and sounds of the island while you learn the hula and culture.
Students will have shared room accommodations with another like-minded student depending on the number of student sign-ins.  Kitchen, laundry facilities and living areas are provided.  Our home is a cozy 2 story townhouse with the kitchen, living and dining room and half bath downstairs and 3 bedrooms and full bathroom upstairs.
Everyone’s stay in my house will be as a member of my ‘ohana = family, and are requested to participate in shared cooking, light house-keeping and taking care of their own laundry needs. 
Students will provide their own food and transportation.  Fortunately, on Oahu, we have an excellent bus transportation system that goes all over the island for those of you who don’t drive.  There are also all the major car rentals agencies where you can pick up your car at the airport.  There are taxis at the airport as well.  Our townhouse complex is just 20 minutes from the airport. 
We live in the country with all the conveniences of the city.  The major stores like Costco, Ross, Target, Walmart and Safeway are here along with Oahu’s newest mall - Ka Makana Ali’i.  There are also 2 large movie theaters and all kinds of restaurants here from fast food like McDonald’s to great dining like Outback Steakhouse, Cheesecake Factory and GyuTaku Japanese bar b que.  We also have a beautiful resort area just minutes from our home.  Disney’s Aulani hotel is there along with the Four Seasons hotel.  There are 4 beautiful, sandy lagoons there and it’s not unusual to see wedding couples taking pictures on these lagoons.  World famous Makaha beach is just a 40 minute drive up the highway.           
On Wednesdays and Sundays, the Farmers Market comes to the mall.
Because Oahu is the main island in the Hawaiian chain, there’s so much to do that you’ll actually want to be very selective with the sights and activities you would like to experience.  I’ll be happy to send you suggestions, just let me know.
Tuition and Accommodation Fees:
28 days = $2,600
14 days = $1,500
7 days = $    800
https://kumuhulamana.com/

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My Loan Was Sold. What Gives?


My Loan Was Sold. What Gives?
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You've just moved in to your new home. You've unpacked, and you're starting to settle in when you receive a letter informing you that your mortgage has been sold and is being serviced by a new institution. Is this allowed? Have the terms of your mortgage changed? Why would your lender sell your mortgage?

Mortgage Bricks

Among the many documents you signed when you first applied for a loan was a Mortgage Servicing Disclosure. This document tells you what percentage of the lender’s loans are sold. More often than not, the majority of loans approved and funded by a particular mortgage company will be sold to someone else. It's important to note that just because your mortgage has been sold, this does not change the terms of your loan. Your loan payment and interest rate will not, and cannot, be impacted.

You’re probably wondering, “Why go through all the effort of originating, approving, and funding a loan just to forgo all the interest that new loan provides?” The answer is surprisingly simple. If not for selling the loan, the lender would soon run out of money to lend.

Mortgage companies today work with a line of credit. It’s not as if the mortgage company approves a loan then opens up a vault full of money to fund your mortgage. When it’s time to fund your loan, the lender taps into the line of credit for the necessary amount. In order to replenish this line of credit, the lender sells the loan to a third party. Once the loan is sold, the lender now has more funds to make more loans. Who is the loan sold to? Many times it’s sold to other mortgage companies, but ultimately the loan is sold either to Fannie Mae or Freddie Mac.

The marketplace for all this loan buying and selling is called the secondary market for mortgages. This secondary market is robust and active and keeps the mortgage market liquid. Without a secondary market, there would be fewer loans issued and still fewer choices. When your loan is sold it’s not because your original lender doesn’t appreciate your business, it’s so they can continue to service other home buyers and make more loans.
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Neaulani Kuamo'o-Peck (RA) RS 73536 CLS, CNAS RS 73536

Coldwell Banker Pacific Properties
RS 73536
808 358-9700

Neaulani@islandhomelife.com
http://www.alohainvesting.com/
Coldwell Banker and the Coldwell Banker Logo are registered service marks of Coldwell Banker Real Estate LLC. Coldwell Banker Pacific Properties is owned by a subsidiary of NRT LLC. If you have a brokerage relationship with another agency, this is not intended as a solicitation. 

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To Turf or Not to Turf

REAL ESTATE NEWS
Brought to you by Neaulani Kuamo'o-Peck (RA) RS 73536 CLS, CNAS
 
To Turf or Not to Turf
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Installing TurfYard care is a big consideration for homeowners. Real grass is high maintenance, a water hog, and expensive to replace. Artificial grass may be a good alternative for some households. Here are some of the pros and cons of turf:

Pro: No maintenance.
Artificial grass does not require mowing, edging, seeding, or watering. Once you lay it down, you’re done.

Con: Initial expense.
Turf prices range from $8–14 per square foot. You can find some sales and deals, but keep in mind that you get what you pay for. The upside is you won’t need to replace or re-seed it.

Pro: Long-term durability.
“The life expectancy of artificial turf can be upwards of 25 years,” says Gardenista, “making it a less costly alternative to real turf over its life span.”

Con: It might be against the rules.
If you live in a community with a Homeowner’s Association (HOA), be sure to get permission first. Turf is becoming more common, which is convincing more HOAs to approve its use, but check first. You don't want to make a big investment in turf only to be told you have to rip it out and replace it with grass.

Pro: It’s eco-friendly.
The water savings element is huge if you’re looking to live a little greener. Some manufacturers even use recycled materials, such as old tires or plastic bottles.

Con: It’s not biodegradable.
Artificial grass will end up in a landfill some day.

Pro: It’s pet-friendly.
“The good news is that pet waste won’t negatively impact your artificial grass, and turf is easy to clean,” says Purchase Green. There are also specific types of turf that are designed for animals.

Con: It’s hot.
“Real grass has a cooling effect when the air temperature is high. Artificial grass lacks this cooling quality,” says SFGATE. “The grass itself may become hotter than the air and can make the surrounding air feel hotter.”

Pro: It looks great all year round
If you live in an area where the lawn is dormant in the winter, it will be a nice change to see your lush, green (faux) lawn, even in negative temps.

Neaulani Kuamo'o-Peck (RA) RS-73536Coldwell Banker Pacific Properties
If you would like more information on this call Neaulani 808-358-9700
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Looking Past Sale Price When Buying a Home


As a home buyer, you may focus too much on a home’s sale price – whether it meets your budget or even if it’s a lucky number. Before you begin the home search, make sure that you take into account other factors such as your own credit. When you pay off outstanding loans and reduce debt before beginning the process of looking for a new home, you can significantly impact the interest rate you will pay and whether or not you qualify for a loan.

http://www.alohainvesting.com/Looking-Past-Sale-Price.html

Search for Homes @
http://www.islandhomelife.com/
If you would like more information on this call Neaulani 808-358-9700
Neaulani Kuamo'o-Peck (RA) RS-73536
Coldwell Banker Pacific Properties
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Glass beaded necklace

Multi-strand Necklace & Bracelet Sets.

Matching Necklace and Bracelet comes with Monkey Pod clasp
Necklace-Bracelet set-11
$24.99
 
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Curb appeal

Update your home's curb appeal with pops of color that add a cheerful touch this time of year.

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Get a Step Up with Railings
Chipped, tired railings can make a home look outdated and unkempt, but making those pieces look new again is a relatively quick and easy project. Keeping the railing monochromatic in a color that complements the rest of the house's paint and trim creates a clean look. If you want to add some variety, use a secondary shade in the same color family and apply it to the main posts or the spindles.

Create DIY Doormats
An affordable and unique way to create a "wow" moment at your home’s entry is to craft a DIY doormat with spray paint. A chevron pattern is an easy way to make a statement by simply using painter's tape and two different colors of spray paint.

Put the Spotlight on Light Fixtures
Small splashes of color can go a long way, especially with a feature like exterior light fixtures. For light fixtures to stand out against a neutral-colored home, try spray painting them a bold hue, such as bright yellow, for a burst of color.

Refresh Patio Furniture
Over time, patio furniture loses its luster. If it's still in good shape, you can bring it back to life with a fresh coat of spray paint. All the angles can make it difficult to cover every surface, so choose a product that promotes easy application. Remember to tilt furniture back and apply color to the feet and legs for an all-over finish that's ready to weather the season.
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Makaha House


Nice home close to world famous Makaha beach. No maintenance fees. No association fees. Assumable VA mortgage at 3.75%. Tax records and actual room count do not match. Lots of room for the family. Perfect starter home as well as investment property. Both rooms at the back of the house have their own separate entries. Tenant occupied so showings by appointment only. Please use Showing Time at Schedule a Showing (beneath the picture) to request showings. Relax and check out the Virtual Tour by clicking on the movie reel icon below the picture.

To speak with us directly about this home or schedule a showing, call 808 358-9700

https://www.islandhomelife.com/listing/mlsid/368/propertyid/201828411/source/crm/

Listing Courtesy of Jackie Oldbury, Coldwell Banker Pacific Prop.
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