Hawaii Real Estate News

Sept. 6, 2011

A kitchen according to art of Feng Shui

Feng Shui, or the wind and the water, is really amazing popular Chinese philosophy which can easy make your surrounding environment a beautiful and pleasant place for living, working and entertainment.  Feng Shui will easy help you to create harmony in your home and especially in your kitchen. Using this powerful philosophy you will be able to develop a safe, natural and happy environment without much effort.

If you arrange the elements of your kitchen according to the harmonious Feng Shui philosophy you will be able to inspire yourself and to prepare really delicious and interesting meals, and to surprise your family in the best possible manner. Check out below some major Feng Shui tips which will help you to create healthy and pleasant environment in every corner of your kitchen.

Colors

According to Feng Shui the light colors are most appropriate for the kitchen. The white color is one of the best options which you have for the kitchen walls. This basic color will help you to create harmony between the metal kitchen appliances and the rest of the room just by using its neutral and vital power. Try to avoid as much as possible such colors like purple, pink and red in your kitchen decor because they will irritate you, create discomfort and a feeling of anxiety. Just remember that you must be calm as possible in your kitchen if you want to prepare really memorable meals.

Light

According to Feng Shui the kitchen must be well lit, and if it's possible then it's preferable to use natural light. It will you help you to obtain more natural positive energy in your kitchen and load your dishes with a lot of love.

Appliance

Feng Shui philosophy recommends the oven to be placed forward the center of the home. It will help you have to achieve better prosperity and happiness within the family. It's also important not to place the oven and the refrigerator facing each other, it just going to lead to a clash between the natural elements and to create a lot of negative energy and discomfort.

Table

If you consume the prepared food in your kitchen, then you have to know the material, the shape, and endurance of the table very important for the family well-being. The table must be stable and always arranged with some flowers or colorful decoration on it. It will greatly improve the health of the family members and the relationships between them.

Cleanness

The kitchen must be always clean and well organized; otherwise there will be a lot of factors for the formation of negative energy and emotional misbalance. So, you have to clean your kitchen after each meal and clean the dishes immediately when you are done if you want to make the room positive, something which will provide you with a lot of vital energy.

Kitchen utensils

You should not use plastic or throw-away kitchen utensils in your home. If you decide to organize a picnic or a garden party, then you can use such kind of kitchen utensils. But according to Feng Shui, you should not use them in your daily life because it will bring a lot of negative energy and a disturbance in your dietary regime.

Posted in Home Improvement
Sept. 5, 2011

Honolulu Real Estate - Some Tips for Staging Your Home Like a Pro

For many years Honolul agents and others in the business have understood the importance of presentation in the sale of a home in Hawaii. How a home looks to potential buyers can have a huge impact on everything from the time it spends on the market to the final sale price.  Taking a few simple steps to stage a home property can pay big dividends for home sellers.

Staging is important even for owners of modest homes. Unfortunately many homeowners incorrectly assume that staging a home is something a professional has to do, or that staging would be prohibitively expensive.  Actually nothing could be further from the truth. While the sale of a multi million dollar mansion or showcase home may require a professional touch, there is no reason why the average homeowner cannot beautifully stage his or her own home. The keys to proper staging are preparation, planning and knowledge.

One of the most important parts of staging a home is to make it feel warm, welcoming and spacious.  A home with lots of space and lots of charm will typically spend less time on the market than a less attractive property. Simple things like making sure all the windows are clean and well polished, making sure all trash is stored out of sight and freeing the home of clutter can go a long way.  It is not necessary to spend lots of money in order to make the home look its best.

Sometimes something as simple as opening the windows and letting the cool breeze in can do wonders Not only will the fresh air make the house seem more homey, it will also help to mask any lingering pet or smoke odors that may be present. Opening the windows will also let in the maximum amount of light, making the home look bright and cheerful.

Light is definitely your friend when it comes to staging a home successfully. Dim light can make even the largest room look dingy and small. Be sure to turn on the lights and make sure that there is sufficient light. Dark colored rooms may benefit from a strategically placed floor lamp or two.  If the room still looks dark and dingy even with additional lighting it may be a good idea to repaint it in a lighter color.

After the home itself has been spruced up and is looking its best it is time to focus on the ambiance you will create for all those potential buyers.  Simple things like adding a few vases of fresh flowers can brighten up the home and make it look warm and cozy. Homeowners may want to consider starting a weekly flower delivery once the house goes on the market.  A cost effective alternative to the florist is to grow your own flowers and bring fresh cuttings in from the garden. An additional benefit of this approach is that those flowers will look wonderful in the landscape as potential buyers drive by.

Some people also like to provide some sort of background music during the showings. Music can be helpful, particularly if the neighborhood is prone to traffic noise or noisy neighbors. When choosing music is sure to keep it simple with calm soothing music played at a low volume. All other televisions and radios in the home should be turned off to avoid possible distractions.

There is no one magic staging formula that will work in every situation, but most homeowners should be able to use a variation of these simple steps to put their homes in the best possible light. When it comes to staging a home for a quick sale keep in mind that first impressions count. If the would be buyer likes what he or she sees when approaching the home, chances are that first impression will be a good one. Maintain that great first impression with a beautifully staged home and you may be pleasantly surprised at how quickly the home sells

Posted in Honolulu
Aug. 29, 2011

Honolulu Real Estate - Staging Your Home Without Breaking Your Budget

Home sellers have long been told that staging their Honolulu home properly will help to command a higher selling price.  But what happens if you can't afford a professional home stager to primp and preen the roof over your head? Fortunately there is good news for home sellers on a budget. Many of the techniques professional home stagers use are well within the reach of ordinary mortals. In fact many of the most effective techniques cost next to nothing making it possible to stage your home like a pro without breaking your budget.

 One of the simplest and least expensive staging techniques is simply to clean every surface until it sparkles. Simply cleaning the interior and exterior of every window and door in the home can make the home look wonderful while leaving plenty of money in your pocket.  Simply invest in a powerful cleaning solution, a bucket, and a mop and bring along some old-fashioned elbow grease.

 Be sure to include every surface in your cleaning crusade. The glass in the picture window should be shined and polished until it sparkles.  The front porch should be scrubbed and cleaned until the true color shines through. The front door should be thoroughly cleaned to provide a warm welcome for potential buyers.

Also be sure that all appliances in the home are sparkling clean and shiny. This applies even if those appliances are not being sold with the home. When touring the homebuyers will picture their own appliances in the kitchen, and providing a sparkling example will leave them with a good impression.

The same is true of all counter tops, cabinets and moldings. Everything potential buyers see should be immaculate. Sinks should be thoroughly scrubbed and they should retain not even the faintest touch of soap scum or other unsightly blemishes. All shelves, whether they are in the bathroom, the bedroom, and the kitchen or along the hallways, should be cleaned, scrubbed and polished.

 And of course the walkways, driveway and sidewalks should all be clean and in good repair. Any broken accent lights should be replaced and everything should look bright and cheerful. Simply planting a few colorful flowers around the mailbox or along the driveway can have a dramatic impact on the overall look of the home.

 When cleaning and prepping the interior of the home is sure to take the hallways and corridors into account as well. Nothing should be stored in the hallways; all clutter should be removed. The hallways should give buyers the impression of plenty of space.

Posted in Honolulu
Aug. 29, 2011

Oahu Real Estate - Thinking of Selling Your Home: Use These Tips to Navigate a Tricky Market

Ask anyone who has tried to sell a home lately and they will tell you how challenging the current market environment is.  With so many unsold homes sitting on the market prices have collapsed, in some cases quite severely.  Homes that would once have sparked impromptu bidding wars now attract no buyers and few prospects, and many would be home sellers have simply given up and decided to stay put for awhile.

Fortunately there are some steps homeowners can take to increase the chances that their Oahu homes will sell quickly - and for a good price. The good news is that there is some reason for optimism - many economists feel that the economy has finally hit bottom and will begin to turn around later this year.

Beyond the broader economic outlook there are some positive steps homeowners can take to enhance the value of their homes to potential buyers And make no mistake about it -the current real estate market is all about value. After so many years in a seller's market, buyers are now in the driver's seat - and they know it. I n order to succeed in this markets you will need to provide a great value to potential customers.

Price it Right the First Time

Those who need to sell a home today need to do a reality check first. The value that the home held a few years ago is no longer relevant in today's market.  In order to sell your home you will need to price it for todays much softer Oahu real estate market.

Your realtor can help you set a realistic price by looking at a number of factors such as comparable sales It is important to set a price that is neither too low nor too high - pricing the home right the first time is essential in such a challenging market. Pricing the home too high can turn off would be buyers, and those buyers may not be back even if you lower the price later on.

Curb Appeal - More Essential Than Ever Before

Curb appeal has always been an important part of selling a home, but how your home looks from the road is more essential now than ever before. There are only so many qualified buyers out there right now, and it is important that the home looks great as they drive by.

Posted in Oahu
Aug. 28, 2011

Honolulu Real Estate - Home Staging Tips for the Budget Minded

Many home sellers seem to think that staging a home is only necessary for high end homes in Honolulu luxury markets The truth is that any home, even the most humble one, can benefit from staging techniques. Presenting a home in its best possible light can help it sell more quickly-and for a higher price. So staging is something that every homeowner should do before putting his or her home on the market.

Many people also think that staging their home will cost a lot of money, but the truth is many of the most successful staging techniques are also the least expensive. You do not have to hire a professional landscaper or repaint the entire home to benefit from the advantages of home staging. Taking simple and low cost steps like mowing the lawn, pulling the weeds, scrubbing the front porch and filling in cracks in the paint can have a dramatic impact on the home's appearance.

One of the most difficult parts of staging a home is knowing where to start. In some cases there will be obvious things that need to be fixed, but in other homes it can be hard to know what potential buyers will focus on. One great way to determine where to focus your efforts is to walk through the home as if you were a buyer.  If you have a hard time being objective about your own home you may want to have a family member or friend do it for you. 

As you walk down the hallways and enter each room think about where your eyes are being drawn. Does the eye automatically go to that chipped piece of plaster near the ceiling? If so, be sure to patch it up. Do you notice the unsightly holes on the walls where pictures once hung? Be sure to patch those holes before the first showing. Are you drawn to that comer where the wallpaper has started to peel? Be sure to glue those trouble spots back in place and make sure the finished product has a uniform appearance.  If the problem cannot be solved without completely redoing the wallpaper you can draw attention away from problem areas with a strategically hung picture or piece of artwork.

As you (or your friend) continue the walk around the home, be sure to open and close all the cabinets and doors are on the lookout for squeaks, sticks and misaligned drawers. If any problems are found be sure to get them fixed promptly. You can be sure that potential buyers will check the cabinetry and doors for any problems if they find issues they may make the assumption that the home is in poor condition.

Posted in Home Improvement
Aug. 26, 2011

Hawaii Home Improvement - Tiles Color and Design Tips for Bathrooms

Bathrooms are a very essential part of every house, whether it is small, medium, and large or whatever the size and shape is. Decorating the bathroom needs a lot of time and thinking, starting from selecting a proper tile, suitable color, borders, etc. The very first job to be completed is choosing the correct tile material. Various bathroom tile materials are available to suit your bathroom and give it the look you want. Among the popular tile materials are ceramic and porcelain because of their durability and non-porous abilities. Some may also use the glass tiles often as they are a good reflector of light and good for small rooms.

When you are done choosing a tile material you wanted, you should then think about colors and patterns. Everyone wants a little different design but you should always be honest to your personal preferences. Not necessary you have to stick to fade colors but rather break the regular circle, come out of your comfort zone and enjoy the bright bold design will create the look.

Generally smaller bathrooms should have whiter and lighter colors as it will give a wider look to your bathroom whereas deep colors will make it look compressed. For a bit of designing at your center floor or wall or even borders, mosaics are a good choice for those areas. Mosaic has been used since early years and they come in beautiful designs but using too many in a small bathroom can simply overwhelm it. As suggested earlier, lighter colors such as pastel greens, light pinks and yellows as well as light blue will make a room look larger and comfortable and these colors if planned with glass tile will give the small bathroom a gorgeous look.

Bold and dark colors will give a room a pressed look making your bathroom look even smaller. Bolder colors can be often used in large bathrooms easily as the space in the room will adjust the deep shades. You should also consider flooring and it is better not to use focal points on them. The flooring should be mild enough to compliment the wall space, which can be designed to an extreme level of your passion.

Be honest to your design tastes and consider the layout of the bathroom while using all the space properly and taking advantage of every little portion and thus take your time while you choose the tile. Glass tiles are all time acceptable and are worthy for smaller bathrooms as mentioned before they reflect the light very well and cleaning them is also very easy and maintaining as well. Being non porous makes them an ideal choice for bathroom areas. 

Posted in Home Improvement
Aug. 22, 2011

Questions to Ask Before you Buy a Home in Hawaii

Right now, buyers are going to find that this is the time to buy a home that is on the market. They are going to find that prices are low as there are tons of homes on the market that are competing with one another to get sold, thus it means a good time for all buyers right now. Those that are thinking about buying a home need to realize that this is a personal decision to make, and they need to make sure that they take the time to make sure that this is the decision that is going to be the best for them. In order to determine if you are ready to buy a home in Hawaii, the person needs to make sure that they are asking themselves some key questions that are going to signal whether they are ready or not.

1. Is there enough money for a down payment? And while asking this, what exactly constitutes 'enough money' for a down payment?

Most people are going to find that the down payment of the Hawaii home mortgage is around ten to twenty percent, depending on the terms of the loan that the person gets. Some loans are much lower and only require around three percent down payment. Thus, this is something that the person is going to want to find out before they calculate whether they have enough money to pay for the down payment of not. There are programs out there that are meant to help the person with getting the down payment that they need, however, they should keep in mind that these are far and few between and have really went off of the globe with the recent change in the economy. The person should also consider that the closing costs can sometimes be as much as the down payment that they are going to have to pay as well. In order to get a good idea of just how much money that you are going to need, you should see the loan officer or a Hawaii real estate agent and they should be able to figure out just how much you would need in order to cover all the costs that you are going to incur with buying a home. So ask yourself, do you have enough in your banking or savings account to cover the down payment of a home? If you do not, then is there a way that you can get the money? Remember that you if you put down as much as you can afford then you are going to look better to lender and you may find that you have a better loan term in the long run, plus, you can decrease the monthly payment that you will be paying.

2. There are factors about owning a home that are not so great, are you ready to handle this?

When you own a home, you have to fix things when it goes wrong or call a professional, that you have to pay in order to have this done for you. Maintenance is just something that goes right along with home ownership. Thus, if you do not think that this is something that you can learn or do, then you may want to consider staying with renting, or even finding a condo that may have some type of maintenance staff that is included. There are other factors that the person should consider as well when they become a home owner, for example, they are going to have to pay property taxes, insurance and so forth. Are you ready for these extra expenses?

3. What Amount of Time do You Want to Stay in the Home in Hawaii?

There is not point in buying a home and then moving out of it within a year's time, this is silly and a waste of your money. Unless, you plan on turning the home into a rental home which is something that is somewhat of a risk. The rule of thumb is that you should not buy a home if you are planning on living in it less than five years. From this stand point, less than five years is wasting money. And for those that may be buying a home in an area that is known for its slow market then they are going to want to make sure that they are staying in the home longer than seven years before moving in order to not lose their money.

4. Do I Have a Job and Finances that are Stable?

The idea behind asking yourself this question is to find out if you can afford to move into a home right now. For example, a hypothetical scenario is that you have moved to a new company and are going to have to work your way back up, thus you do not have the job security that you once had. This is a sign that you may not be ready for a mortgage. You do not want to find yourself with a home mortgage that you cannot pay, which is the case with many people in the world, who end up losing their home and ruining their credit in the long run. With that being said, there is not really a way to tell that you have one hundred percent job security in the day and time that we live in. So, with that being said, look at your finances. If you were to lose your job do you have enough saved up that is going to allow you to make payments for a few months until you get back on your feet? In fact, most people recommend that you have at least six months saved up that is going to cover your living expenses.

5. Why do you Want to Buy?

The reason for why you are buying a home in Hawaii is something that you really need to take into consideration. You should never let someone else talk you into buying a home because it is not really what you are wanting. Some good reasons to buy a home is to:

- You want to put your money into equity instead of wasting this on rent that goes to a landlord every month. With this option at least you are getting something for your money instead of simply borrowing your home.

- You want to have a place that is your own, that way you can do what you want, if you want to paint the walls a cool shade of blue or pull up the carpet and replace it with hardwood, this is your home so you can do what you want to do. 

- You think that the tax advantages of owning a home is something that is intriguing.

- You want to put some stability in your life with a home that you can have a family in.

Asking yourself these questions is going to make it much easier to determine if you are really ready for a Hawaii home of your own or not. It is important that you are honest with the answers that you give so that you can truly find out if you are ready or not. However, if you find that your answers say you aren't ready, give it a few years and reassess the situation since things may have changed since then and you are ready.

Aug. 20, 2011

What is a Hawaii Short Sale - How Can it Help Me?

With home values plummeting and the foreclosure crisis threatening to get much worse, many homeowners are finding themselves in an uncomfortable situation. Across the country many homeowners find themselves owning more on their mortgages than their properties are worth, and others find themselves unable to cope with rising mortgage interest rates, escalating payments and the expiration of low teaser rates Many of these homeowners are afraid they could lose their homes, resulting in not only foreclosure but many years of ruined credit as well.

Fortunately there is a way out for many of those homeowners. By using a short sale in Hawaii homeowners may be able to avoid foreclosure and even gain some tax advantages down the road. While short sales are not right for every situation, they do have some big advantages to other alternatives.

A short sale is simply an arrangement made between the individual who purchased the home and the bank that lent that individual the money to purchase it. In a short sale the bank agrees to accept less than the total amount. These days many banks are willing to accept such arrangements in lieu of a costly and lengthy foreclosure proceeding.

Posted in Short Sale
Aug. 18, 2011

Do You Really Need a Title Search and Title Insurance When Buying Oahu Real Estate?

Yes, absolutely. These are two of the most important parts of buying Oahu real estate. You never want to be without either, even if it means that you must pay the charges.

The title insurance company does a title search. It looks backward along the chain of ownership of the prop­erty you are buying. It can reveal vital pieces of informa­tion. For example, it confirms (or denies) that the seller is, in fact, the true owner of the property. It also exposes any liens or judgments against the seller, or anyone else that may have been placed on the property. In short, it tells you the condition of the title to the property you are buy­ing. The title insurance guarantees that you're getting good clear title.

Title insurance, however, won't be issued until any "clouds" or items affecting the title have been cleared up. For example, the sellers may have failed to pay off a loan at some time in the past, and the lender secured a judg­ment against them and then recorded that judgment as a lien against the title. The sellers must now remove the lien in order to give you clear title.

Or perhaps there's some confusion about the names of the sellers. The title is recorded in a slightly different version of the sellers' names. This too must be cleared up.

Almost anything can cloud a title. The sellers may have contracted for some work done to the house, and there was a dispute with the contractor, who filed a mechanic's lien. The government can file a lien for unpaid taxes. There might even be a lien incorrectly filed against a former owner of the property. All of these must be cleared up before you can get good title to the property.

It is normally the job of the sellers to clear the title. However, some gentle encouragement occasionally given by the buyers can sometimes help. 

Beyond the standard form of title insurance issued by title companies, they can also issue a more comprehen­sive form called an ALTA (American Land Title Associ­ation). Here the title insurance company actually sends someone out to the property to confirm that the house is properly on the land and that it's not situated on someone else's property and that there are no other apparent phys­ical defects. Generally, most lenders require an ALTA. It protects them, not you. But, you must pay for it, if you want the loan.

Aug. 16, 2011

How Fast Should You Counter Your Offer Back?

If you don't accept the sellers' counteroffer exactly as presented, but instead want to make changes, then it's a totally new offer from you—a counter-coun­teroffer, so to speak. You want to make this counter soon, usually within a day, while the sellers are still psycholog­ically engaged in the deal.

While it's usual to limit any offers (or counters) by a time period, once you're into countering back and forth things tend to fly fast. I've seen these counters come whizzing one right after the other, either by fax or carried by hand.

That doesn't mean you shouldn't put a limit on the time for acceptance of your counter. If you don't, then the offer is open until withdrawn (by you) and at any time the sellers might say, "Let's just pull back and wait a few days."

That's why I always suggest making any counter for as short a time as possible, often 24 hours or less. This puts the sellers on the spot. They must act, which is exactly what you want them to do. (Remember, there's always a chance another offer could come in from other buyers and torpedo yours.)

It's worth noting that there are certain tactics involved in negotiating here. If you receive the sellers' counter and then immediately counter back, the sellers may think that you really haven't taken the time to seriously consider their previous counter. Or, they may feel that you are very anxious—countering so quickly. They may feel that your most recent offer isn't your best, and your quick counter may cause them to hold back from accepting it, perhaps countering you once again.

It's for this reason that I will often hold back a few hours, sometimes as much as overnight, even though I've already made my countering decision. I want the sellers to think that I'm considering their offer very carefully. I also want them to consider that perhaps I'll simply reject their latest counter and walk away, which is my privilege. In other words, I want to keep the sellers off balance. It's better if they think they've got a finicky buyer who might just as well walk away from the negotiating table as stay and continue to play the game. This encourages the sell­ers to take fewer chances and to make each of their counteroffers as good as possible.