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Captain Cook, HI Real Estate News

By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Aloha, Lance Owens (RS) with LUVA Real Estate here, just bringing you our "Real Estate Minute"Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing costs.But what are closing costs anyway?According to Trulia:“Closing costs are lender and third-party fees paid at the closing of a real estate transaction, and they can be financed as part of the deal or be paid upfront. They range from 2% to...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Not long ago this was a spectacular property, Ocean views into Kealakekua Bay, Captain Cook Monument, 5 acres that were mowable, (previous MLS states there were Tangerines, lilikoi, lime, star fruit ruby grapefruit, white pineapple,yellow pineapple, coconuts, cherry, dragon fruit, mango, papaya, poha berries, chocolate (cocoa), coffee, several kukui nut trees, macadamia nut trees, and banana) NOTE: Property is overgrown and buyer to verify if any crop still exist. OK, the Good, the Bad, and the UglyGood: Interior of Home: Design is open, large, modern, and appears to be in good condition (less appliances). 16 foot "Fleetwood" pocket doors (slide very good) , Living room has high ceilings, Master bedroom and bath are a dream come true (with view lanai), hallways are large and open..... G...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Looking for cash investors only - SRP (suggested retail price) submitted to the bank was $475,000 - waiting for final approval, and for tenants to vacate before listing on the MLS    Kona Coffee Farm, 5 acres plus homeInvestors special - once listed at $1,400,000 $475,0003 Bed 3 Bath 2,100 Sq Ft     click image to zoom in List Date 05/14/2011   82-1090 KILOA   Lot Size 5 acres   Status Active   MLS# ?   Year Built 1971 Additional Information Tenant occupied - please call agent for showings. Not on the MLS until tenants are removed. What a deal, needs to be a cash real estate investor, but here is your chance. 5 acre coffee farm once listed at $1,400,000.00 can be yours for (disclaimer: price has not been confirmed) We have sent the bank a suggested price of $475,000. - the previous owne...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
KonaHomeTeam, your one stop for all your real estate needs in West Hawaii, Kailua Kona, Keauhou area   HAFA approved short sale Obama approved short sale - ready to close - no 6 months wait - this ones ready $480,0003 Bed 2 Bath 1,612 Sq Ft     click image to zoom in 88-1651 Moana Dr   Type Single Family Home   Lot Size 5.42 Acre(s)   Status Active   Exterior Features Above ground pool, Waterview, Wooded, Fee Simple   County Hawaii Additional Information These Incredible, Endless Ocean Views right from your Lanai! You're perched on the side of the mountain - 1,200 ft elevation. Almost like you're flying in on your own private jet! You're in the middle of your 5 acre lot, bordered by other large parcels, below you, above you, to the south of you, and the Forest Reserve borders your north...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Here is a short sale that has both lenders approval - is a fantastic price $119,000, Cool, Quiet, 3rd floor unit with ocean views.Located across from the Kealakekua Ranch Center, with dining, grocery's, hardware store, feed store, and more. we are talking about 2001 pricing! I will admit the condo needs a complete remodel - but this price reflects the condition, go to my website below for more information   Aloha, and have a great day   Lance Owens (RS) (808) 936-8383 Lance@KonaHomeTeam.com www.KonaHomeTeam.com Aloha Kona Realty Inc. 78-6740 Alii Drive      
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By John Petrella
(Local Hawaii Real Estate)
The number of Land sales in our S Kona Real Estate district are down since thier peak in March of 2005. S Kona is one of 9 Real Estate districts on the Big Island of Hawaii.  (Click here to view a map that shows the location of S Kona on the Big Island of Hawaii).  We have been in a downward trending market ever since June 2006.  N Kona has had two Land sales so far in December. Below is a chart that shows the number of Land Sales in the S Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with November 2003 and ending in November 2008.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Broker/Ow...
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