Honolulu Homes and Hawaii Real Estate from Frank Diaz

Answer by Frank Diaz, MBA, RA: Aloha Franck, Here is an article I wrote recently. It will answer some of your questions: http://www.hawaiihome.biz/2012/01/02/international-real-estate-investment-poised-to-double/ Call or email and I can give you more information. Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty 808.791.2277 direct […]

Answer by Frank Diaz, MBA, RA: Hi Am, Try posting this in Las Vegas, Tucson or Phoenix. […]

Answer by Frank Diaz, MBA, RA: Carl Frazier at Cornerstone Bill Ramsey Warren Dote - The Property Managers, Ltd., […]

Answer by Frank Diaz, MBA, RA: By EMD do you mean Earnest Money Deposit? […]

Answer by Frank Diaz, MBA, RA: Aloha, For sale or for rent? Need to know: Single family home, townhome or condo # of parking Price range Do you prefer an older larger home, or newer smaller home Do you prefer a larger lot with a smaller home, or smaller lot? Feel free to call me. Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty 808.723.0900 cell 808.791 […]

Answer by Frank Diaz, MBA, RA: Ask the appraiser. They will review it with you, since they were paid to do it. […]

Answer by Frank Diaz, MBA, RA: Nico, That's why everything should go through escrow. There are possibly things going on behind the scenes that you don't know about. What if they seller leaves and moves to Mexico or The Bahamas with your money. NOT a good idea. If I did this, I would be fired and possible lose my real estate license. Frank Diaz (RA) […]

Answer by Frank Diaz, MBA, RA: Aloha Catina, I would talk to your bank and/or credit union and a mortgage lender or broker (I can recommend a few if you like). It's a good idea to talk to 2 or 3 different people to get an opinion on your situation and possible loan terms. It can vary according to state, type of property and even by complex or neighborho […]

Answer by Frank Diaz, MBA, RA: A few references for you: http://www.trulia.com/voices/Home_Buying/What_is_the_pros_and_cons_of_fractional_ownership_-264429 http://www.trulia.com/voices/Property_QandA/whats_this_day_fractional_ownership_do_we_own_the-85571 […]

Answer by Frank Diaz, MBA, RA: Hi Dede, The reason all sites don't have the same info, is because of the fields that can pick up from the original listing and display. Either part of the land is available for use, or all of the land is available for use some of the time. It is shown as fractional on Realtor.com http://www.realtor.com/realestateandhomes- […]

Answer by Frank Diaz, MBA, RA: Possible, yes? Likely, no? The amount of work involved with finding a seller, researching the correct price, agreeing on a price, and listing a home is only part of it. Working with agents, buyers, reviewing offers, following up with the agents, escrow companies, etc. is a lot of work. In some cases, if you are buying a home af […]

Answer by Frank Diaz, MBA, RA: Hi Liz, Here's a link to Kurtistown: http://www.hawaiihome.biz/idx/mls-1110343-16_1593_pulelehua_rd_kurtistown_hi_96760 Scroll down and you can zoom in and out on the map. […]

Answer by Frank Diaz, MBA, RA: Melou, It sounds like you want to rent out the entire residence to a third party. The third party (family member) is paying most of the mortgage. I don't know if they are on the loan or not. Again, you have to show that the income is documented and talk to a lender. Your bank loan officer or credit union loan officer shoul […]

Answer by Frank Diaz, MBA, RA: Yes, you can. Check with your lender or mortgage broker on how to document the income, including deposits and the lease itself. Good luck on the new purchase! Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty 808.723.0900 cell […]

Answer by Frank Diaz, MBA, RA: Hi Josh, Send the link and Trulia customer service may be able to assist you. How long has it been listed? Frank […]

Answer by Frank Diaz, MBA, RA: I agree with Ron and Dave. Faster and more is not better. Some companies have several people in a team, that crank out a dozen sales a month. It does not necessarily mean better service. Sometimes owners want to try a slightly higher price (against an agent's advice) and the listing takes longer to sell. Or, they just don […]

Answer by Frank Diaz, MBA, RA: Me, We (where I live) typically change the status of the listing 4 days after all inspections are completed and disclosures have been signed. That normally only leaves a few contingencies....financing, and a survey. Good luck! […]

Answer by Frank Diaz, MBA, RA: I can't answer for Seattle, but Honolulu is looking good. Here's a blog post I did earlier today that may be of interest to you. Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty 808.723.0900 cell http://hawaiihome.biz/ […]

Answer by Frank Diaz, MBA, RA: If is was auctioned, why is the previous owner still there? If the previous owner has a legal right to be there, then the answer is no. That would be trespassing. How would they even get in? Need more info to know what is going on with this foreclosure / auction. Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty […]

Answer by Frank Diaz, MBA, RA: Why would there be a void of contract? If it was voided, it would cancel your purchase. You're buying it? Then the contract is still in process, until it closes and is recorded by the title company. If I were the seller I would continue taking back up offers until it closes. If your financing falls through, or some other i […]