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This entry was posted by Frank on November 27, 2011 at 21:47, and is filed under Foreclosures, Short Sales. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.

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Hawaii Foreclosure and Short Sales
Hawaii Homes and Real Estate
- how do i change the sales price of my property in Trulia .. the sales price is 50% of actual
  Answer by Frank Diaz, MBA, RA 808.723.0900: It looks like the RH Trust and CH Trust sold to the RH&CH Trust, a 50% interest each at $850,000. The new trust bought both 50% shares for $1.7M and took out a mortgage for $1.1M. Again, it has no effect on you as far as I can tell whether Trulia posts it correctly or not. You may want to have the trustee look […]
- how do i change the sales price of my property in Trulia .. the sales price is 50% of actual
  Answer by Frank Diaz, MBA, RA 808.723.0900: Aloha Roiho, I wouldn't even bother. It doesn't have any affect on anything. Agents don't use the numbers on websites such as Zillow or Trulia. Frank Diaz http://www.hawaiihome.biz/ […]
- is there a date that we can see the house and when is it open?
  Answer by Frank Diaz, MBA, RA 808.723.0900: Denise, I tried contacting the agent. The phone number is somewhere in the Midwest and doesn't appear to be valid. This listing should be removed in about 24 hours. I asked Trulia to remove it. I recommend contacting a rental agency and/or Realtor so that you don't get put into a bad situation. Aloha, Fra […]
- is there a date that we can see the house and when is it open?
  Answer by Frank Diaz, MBA, RA 808.723.0900: Aloha Denise, This is most likely a scam. See: http://www.trulia.com/voices/Property_QandA/is_this_price_for_the_whole_bths_unit_or_for_sh-350726 Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty 808.791.2277 direct http://hawaiihome.biz/ […]
- intersted in renting your place 3 bedroom moving in march end of march and also was wondering how much is your 2 bedroom
  Answer by Frank Diaz, MBA, RA 808.723.0900: Hi Alger, I would be very cautious when trying to rent a place on the Internet. Do NOT send any money until someone you know has seen the place personally. This particular place lists an 866 number, instead of 808, not a good sign. If you want to call this complex directly, try http://www.apartmenthomeliving.com/ap […]
- was wondering if you still have a two bedroom aprtment avaliable at the end of march i am coming from deploying from afgan
  Answer by Frank Diaz, MBA, RA 808.723.0900: Hi Alger, Please specify Area (e.g. neat Schofield, Pearl Harbor, etc.). The place you listed is just a mile or two from Schofield. # of bedrooms Any pets? # of parking needed Have you considered buying a place? http://www.hawaiihome.biz/2011/11/06/2012-military-housing-allowance-bah-rates-for-hawaii/ Frank Diaz (R […]
- is this price for the whole 3/2bths unit or $700 for share a bdrm. with other people, Thanks
  Answer by Frank Diaz, MBA, RA 808.723.0900: Aloha Frank and Jessie, There are several things wrong here. #1 No Unit # #2 The chances of getting a SF home in Kapolei for less than $1000 are zero #3 The agent has no phone # #4 The "agent" has no contact info I would click on the link at the bottom and flag the listing at PostLets.com http://www.postl […]
- hello i'm french and i would like to invest in an appartment in honolulu, but i don't know the law about foreign investors. do you have any?
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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 […]
- How many days do you have to respond to the bank's counter offer on a short sale in the state of Nevada?
  Answer by Frank Diaz, MBA, RA 808.723.0900: Hi Am, Try posting this in Las Vegas, Tucson or Phoenix. […]
- Looking for a reputable residential property manager in the Honolulu area. Any suggestions much appreciated!?
  Answer by Frank Diaz, MBA, RA 808.723.0900: Carl Frazier at Cornerstone Bill Ramsey Warren Dote - The Property Managers, Ltd., […]
- What are the legal limits for initial EMD in the State of Hawaii? (min % and max% of purchase price) or are there customary amounts?
  Answer by Frank Diaz, MBA, RA 808.723.0900: By EMD do you mean Earnest Money Deposit? […]
- lookng for a 3 bedroom 2 bathroom in hnl, kailua, kaneohe, waialae, waimanalo area. plz help! thank you
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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 […]
- What information is contained in a home appraisal report?
  Answer by Frank Diaz, MBA, RA 808.723.0900: Ask the appraiser. They will review it with you, since they were paid to do it. […]
- Is it legal for a seller to accept cash and subtract the amount from reported house price?
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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. Fr […]
- I never had credit and I got no credit history. I won a law suit and want to by a house. I have good income but just got a credit card i pay 1400 rent
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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 […]
- How does "fractional ownership" work? Is it merely sharing a property? Whose name is on the title? Do you actually own part or all?
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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 […]
- How does "fractional ownership" work? Is it merely sharing a property? Whose name is on the title? Do you actually own part or all?
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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/reales […]
- Will any agent or broker list my property for a 6% commission and split it with other brokers 1% and 5% and keep 1% for themselves?
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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 buy […]
- I lived in Fern Acres for 10 years and am very familiar with the area. Is this the beginning of anthrium? How many cross streets are we talking?
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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. […]
- How hard is it to purchase a second home (coop or condo) if I plan on renting the first home to a family member?
  Answer by Frank Diaz, MBA, RA 808.723.0900: 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 […]

Searching for Short Sales and Foreclosures

How to Search for Short Sales and Foreclosures

Go to this link. Scroll down and enter the parameters for your search. This will display all short sales and foreclosures.

Hawaii Foreclosure and Short Sales

Hawaii Homes and Real Estate