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Displaying blog entries 11-16 of 16

Kaploei Real Estate, Mortgage Rates Drop Again!

by John Riggins

Kaploei Real Estate, Mortgage Rates Drop Again!

colorful symbols  3If you have been following Kapolei real estate, or real estate in general, you might have noticed that mortgage rates dropped again this week.  Once again rates have hit historic lows, stemming this week from the FED’s announcement of its intentions to purchase up to $600 billion in government securities.  What are rates this week?  Rates are hovering at 4.17% for a 30 year fixed rate mortgage.  A year ago at this time rates were just below 5%.

What do these historically low rates mean for Kapolei real estate? Huge savings!  The rates that are available today are unlikely to last forever and at the moment they could save a person hundreds if not thousands of dollars over the lifetime of a loan.  It is a great time to refinance or look at buying Kapolei real estate.

Contact me today to learn more about what Kapolei property is currently listed for sale.   If you would like to take advantage of low mortgage rates and purchase Kapolei real estate there couldn’t be a better time!

Oahu Foreclosure Market

by John Riggins

Oahu Foreclosure Market

There is good news and bad news when it comes to the Oahu foreclosure market.  The good news is that foreclosures are down on Oahu.  The bad news is that foreclosures are still happening and will most likely continue to occur for a while.  The typical Oahu foreclosure sells for roughly 30% unique 1less than a non-foreclosure property.  In the right situation a foreclosure can offer an opportunity for a good investment.

Many Oahu foreclosures can be avoided by short sales or loan re-modification, avenues that a CDPE can be extremely helpful with.  A CDPE is a Certified Distressed Property Expert, one who has been educated on distressed property, how to avoid it, and all of the complications involved with such seemingly complicated situations.

Contact me today, whether you want to buy, sell or avoid foreclosure on Oahu.  It is important to understand what is involved and work with a knowledgeable and experienced Oahu Realtor when dealing with foreclosures.

Set a Mood for Your Kapolei Real Estate

by John Riggins

Set a Mood for Your Kapolei Real Estate

It is important to set a mood for your Kapolei real estate when trying to sell it.  Attracting home buyers is the main goal when selling a home and in order to do so it is important to make your Kapolei property as appealing as possible.  The more comfortable a home buyer feels in your home the more likely he is to want to buy it.

So what can you do to make your Kapolei home more appealing?  HibiscusLook around and take advantage of your home’s finest points.  Place a comfortable throw over the couch in the living room.  Light some candles and have some warm light.  Make sure the temperature in your Kapolei home is comfortable.  Have time to bake cookies?  The scent of fresh baked goods is certain to evoke comfortable feelings.

The more your Kapolei propertyfeels like home the more likely a buyer will want to call it home.  Contact me today for some sound selling advice.  As an experiencedKapolei Realtor I would be happy to look at your home and offer advice on what you can do to attract a buyer.

Oahu Real Estate: Possible to Avoid Foreclosure?

by John Riggins

Oahu Real Estate: Possible to Avoid Foreclosure?

When it comes to distressed Oahu real estate many home owners wonder if it is possible to avoid foreclosure.  In many instances it is most definitely possible to avoid foreclosure.  A short sale is one alternative to avoiding foreclosure.  In the instance of a short sale an Oahu property would bplastic housese in the pre-foreclosure stage.  The property would be listed for sale and would sell for less than the balance of the loan.  In the case of an Oahu short sale the lender needs to approve the sale of the home.

Another way to avoid an Oahu foreclosure is to get a loan modification.  In this case a loan’s terms are reworked.  In a loan modification often the interest rate is changed, the term of the loan is lengthened, and the monthly payments are lowered. If you are kept awake at night worried about what may come, please know that there are options.

As a CDPE (Certified Distressed Property Expert) I can help you manage your way when facing foreclosure.  Rest assured, there are options and I would like to help educate you on what they are.

What to Expect from a Kapolei Foreclosure

by John Riggins

What to Expect from a Kapolei Foreclosure

It is important to know what to expect when buying a Kapolei Foreclosure property.  At the moment foreclosure transactions are just under 20% of the real estate market nationwide.  Most people pre-conceived notions of the transaction.  While most people believe that buying a foreclosure in Kapolei equals getting the best real estate bargain possible, this is often true but is not always the case.  When looking to buy a Kapolei foreclosure it is important to do some research.

Sitting down with a Kapolei Realtor who understands the foreclosure process can be extremely helpful.  When buying Kapolei real estate, foreclosure or non-foreclosure, it is important to know some details.  Knowing the Kapolei real estatemarket, the neighborhood where you are planning to buy, and the process of buying are key elements in a successful transaction.  Contact me today for a free consultation on buying a Kapolei foreclosure property.

Click here to read a recent article from Realty Times on foreclosures.

Facing Foreclosure on Oahu? Use A CDPE

by John Riggins

 

Facing Foreclosure on Oahu? Use A CDPE

If you are facing foreclosure on Oahu it is a wise idea to turn to a CDPE.  What is a CDPE?  A CDPE is a Certified Distressed Property Expert, which means a Realtor educated in how to handle distressed properties.  Many of those facing foreclosure with their Oahu real estate do not list their homes for sale, but many who do face the problem of their homes not selling before they are foreclosed upon.  As an Oahu Realtor and a CDPE I make it my mission to educate and inform Oahu property owners of their options. 

While a short sale can be a viable way of avoiding foreclosure, it is not a homeowner’s only choice.  Re-instatement, forbearance and loan modification are all worth learning about and investigating.  I have been a Realtor for nearly 34 years and have dealt with hundreds of successful short sales.  If you have a distressed property on Oahu and think that you have run out of options please call me today.  There is a lot of information out there and I would like to help you understand your situation.

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.

 

Displaying blog entries 11-16 of 16

Contact Information

Photo of John Riggins REALTOR RB11175 Real Estate
John Riggins REALTOR RB11175
John Riggins Real Estate
1003 Bishop Street, suite 2700
Honolulu HI 96813
808.523.7653
808.341.0737
Fax: 888.369.3210