If you want to buy an Oahu foreclosure property it is of the utmost importance to know what you are doing.  No matter how inexpensive the property is, Oahu real estate is still a big investment and a big responsibility, so do your research, be aware of the downsides, and know the procedure of buying foreclosure real estate.

The term “deal” is all relative.  It is easy to hear of people buying property for little to nothing but we all know that nothing that inexpensive comes easy.  Buying a foreclosed property at an auction for $1 or $100,000 sounds good but the property may come with additional fees, maintenance and problems that are not mentioned or advertised.

A couple of real issues that may arise when buying foreclosed property on Oahu include:

• association fees that may have to be paid by state law, in Hawaii up to 36 months in association fees must be paid by the buyer of foreclosed property.
• major issues with the home that are not able to be seen without an inspection, (broken pipes, faulty wiring, termites, etc.).

Buying foreclosed property at an auction can be a great investment but it can also be similar to throwing money into a sinking ship.  The old saying “something too good to be true” should constantly be in your head.

Call me today and I can help you find out what you can about any particular property by looking at it with you, talking with people who know more about the Oahu property in question, checking on the county records and any other resource I can locate.  I have experience with buying and selling distressed property and working with me could help save you quite a bit of trouble.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

Great news for Kapolei real estate, mortgage rates have dropped again.  Mortgage rates have dropped for nine weeks in a row now.  This past week the average rate for a 30 year fixed r View Slideshow ate mortgage was hovering at 4.3%.  The historically low mortgage rates offer a great deal of savings over the lifetime of a loan, not to mention significantly lower monthly rates, making it an ideal time to buy a Kapolei home.

Real estate news nationwide has been less than stellar since July housing data was released, but was not unexpected since the expiration of the home buyer tax credit.  There was bound to be a bit of a lull after the surge.  Overall, however, Oahu real estate sales have been stable, with prices appearing to level off.

If you would like to take advantage of today’s low mortgage rates an buy a home in Kapolei please contact me today.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

Oahu real estate appears to be strong when compared with the rest of the country.  News for national real estate sales data has been a bit bleak in the past week, which makes the rather steady data for Oahu real estate look even more positive.  July data was very comparable compared with a year ago, while sales may have dropped a bit in July compared with June, the low mortgage rates are helping to create an ideal buying climate on Oahu.

Recent news for Oahu is definitely more positive as well.  Oahu is seen as leading the recovery for Hawaii’s economy as tourism figures strengthen and employment numbers improve.  For those who have a steady source of income, good credit and enough money saved for a down payment, it is a great time to look at buying a home on Oahu.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

The Oahu economy appears to be leading the way for Hawaii.   A resent article in the Star Bulletin touted an improving Hawaiian economy that is forecasting an improvement in both employment and tourism.  This is welcome news for any state to hear at the moment.  Oahu is leading the way and is noted as having better employment figures and greater tourism numbers than other Hawaiian Islands.

One area on Oahu which is sure to see an improvement in tourism in the next year is Ko Olina Resort which has a new Disney resort opening in August or September of 2011.  The new light rail system is sure to add jobs to the Kapolei area as well.

Contact me today to learn more about Oahu, Kapolei real estate, and investment opportunities that exist here.  Click here to read the article from the Star Advertiser regarding Hawaii’s economy.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

At some point in the future traffic in Kapolei will improve.  Last week Hawaii received three grants from the Department of Transportation.  The $8 million will go toward improving highways, airports and other transportation issues throughout the Hawaiian Islands.  Part of $3.4 million which was awarded in one of the grants will go toward improving Kapolei traffic flow.

Kapolei should have a bright future as far as transportation goes.  In addition to road improvements, the rail project, when finished, should help alleviate traffic flow as well as create business and employment along the way.

Contact me today if you would like to learn more about Kapolei.  Kapolei is an Oahu community which offers a fantastic quality of life.  There are some great properties for sale in Kapolei and I would be happy to use my knowledge and experience to find the home that best suits your needs.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

Oahu real estate sales data is showing stability.  According to the Honolulu Board of Realtors, July showed a stable housing market for real estate sales.  Single family home sales on Oahu were up just under 1% in volume and up 1.7% in value.  The low mortgage rates appear to be helping real estate sales across the country as the housing market shores up its modest recovery.

In addition to the quantity of homes sold on Oahu and home values, the average days that Oahu properties are on the market has dropped to 39 days for single family homes and 36 days for condominiums.  These are relatively short amounts of time to be on the market.

Oahu real estate has something special going for it, an incredible quality of life that will always be desirable.  If you would like to learn more about Oahu real estate please contact me today.  I pride myself on staying on top of the real estate market and can share my knowledge and experience with you to make your Oahu real estate search both educated and informed.

Click here to read the most recent report from the Honolulu Board of Realtors.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

It is a great time to buy a Kapolei home.  This past week mortgage rates hit an all new historic low, with rates averaging 4.44%.  There is no doubt that there has never been a more affordable time to buy Kapolei real estate.  Not only are mortgage rates incredibly low, enabling quite a savings over the lifetime of a loan, but home values are lower than they have been in recent years and inventory is high.

It is a buyer’s market when it comes to Kapolei real estate.  Sellers are eager and Kapolei is the same wonderful family community that it was designed to be.  The outdoor environment is what brings people to Oahu but it is the lifestyle that keeps people here.  If you have been wanting to relocate to Kapolei or purchase a second home on Oahu, it is a great time to start looking.

Contact me today to learn more about the Kapolei real estate market.  I would be happy to educate you on the area and use my knowledge to help you find the perfect home that suits your needs.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

If you are trying to sell your Kapolei real estate a Realtor can help.  In today’s tough economy it can be easy to question whether you actually need a Realtor or whether you can do it alone an save some money along the way.  The reality is that a qualified and experienced Oahu Realtor can make all the difference.  The most important aspects of selling your Kapolei home are price, marketing and contractual issues. 

When selling your Kapolei real estate it is of the utmost importance to price your home correctly.  A qualified real estate professional will know the market as well as have the ability to prepare a CMA (comparative market analysis).   Pricing a home appropriately will get people in the door to look at your home, whereas pricing it too high will keep people from walking in the door.

An Oahu Realtor will have access to the entire real estate community and has the marketing tools you need to get your home seen.  The more people who are aware of your Kapolei home, the more likely you are to sell it.

When a contract is received for the purchase of your Kapolei home your Realtor will see it through to fruition.  In a nutshell, your Kapolei Realtor will take a lot of the headaches and legwork off of your plate to get the sale of your home completed in the most timely and efficient manner possible.

Contact me today for a free consultation on selling your Kapolei home.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

Honolulu has gained an impressive title, Travel and Leisure magazine has named it America’s Most Romantic City.  The magazine came out with a list, “America’s Most Romantic Cities” and Honolulu is in the number one position, followed by Charleston, San Fransico, New Orleans and Santa Fe in the top five.  New York caps off the list in the number 10 position.  An annual survey goes out to the public and this year the public chose Honolulu.

Honolulu’s setting, on southern Oahu, has the ocean going for it, with stunning sunsets and waving palm trees it is hard not to feel the love in this Hawaiian city.  Honolulu also has extinct volcanoes and fantastic cliffs as a backdrop.  The fabulous shopping, exceptional dining and wonderful beaches round off this most romantic city.

Click here to see the full list from Travel and Leisure Magazine.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

There is good news for Honolulu business owners, small businesses are selling for more.  According to a recent article in the Pacific Business News small businesses on Oahu are gaining in value.  The recent recession had prices for businesses drop some 20% in price and new data shows that prices are climbing back.

While Oahu real estate continues to improve, the values of small businesses gaining ground is positive news and great for the local economy.  While small steps hardly equate to massive improvements the slow and steady progress seems like a good place to be.  It was the rapid, unrealistic growth in the real estate market that led to a national boom and bust and this time around small steps will do just fine.

Click here to read the article from Pacific Business News.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.