Hawaii Real Estate Homes

Tags: search for home in hawaii, real estate agent in hawaii, price of homes in hawaii, homes for sale in hawaii

Most of us at one point dream of owning our own, private and special home. Since everyone is different, and the thought process is influenced by endless factors, some end up buying at an early age, other individuals later on in life, and some may never buy. What is the secret of being able to purchase a home, how do we go about it and what does it take to make this bold step? Right-click the RSS Feed image that follows to copy and bookmark this RSS Feed so you can read the rest of this article

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Getting Your Finances In Order

To prepare yourself for the transition of ownership vs. rent, or even for buying up or any other scenario, you may like to plan ahead of time. 

1. An actual accounting of your income and expense over a period of six months would be very helpful.  It may reflect unexpected expenses, or other cost that you may forget to
take into account if you look at just one month sample.

2. Go over the details of your expenses, you may see some ways to save.

3. Your installment loans should be within 10% of your total income, this will look attractive to your bank, if it is higher, try to reduce your debt ratio and for the time being, eliminate or reduce credit card purchases.

4. There are 100% mortgages, other mortgages with 3% to 5% down payment, you also will have the banks closing cost, and the regular escrow closing cost. The more you save toward higher down payment, the better the interest rate you will get. 

5. You may like to decide on a certain amount a month that you can save and put away in a special fund to go toward increasing your savings & down payment.

6. Be sure to hold on to your job, at least until you finalize the purchase of your home, having employment history of two years is more attractive to your lender.

7. Be sure to pay special attention to your credit score, make your payments in a timely manner.  This is crucial, will talk next about ways to improve your credit score.

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Kay F Osman has been assisting buyers realize their home
buying dreams for over 30 years. She can help you get the
right home at the right price.

To PingMe (Call me free), click here:
http://4u-web.com/rp/new.html

Kay F Osman R, CRB, CRS, GRI, SRES
Accredited Buyer’s Representative (ABR)
Del Osman Realty, Inc. 
Ph:  (808) 523-6421 fax:  (808) 523-8729
Web site: http://osman1.com  
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Tags: Your finances- buying a home in Hawaii

The Company and Our Philosophy
The philosophy that Del Osman Realty, Inc. has is simple: Our Clients’ best interest comes first. This old fashion concept has paid us handsome dividends in priceless clients’ loyalty, referrals and appreciation. We sincerely believe that our clients’ encouragement and support are the most important factors for the success we enjoy today. It is our goal to provide the best possible service to our clients in a professional, honest and courteous manner.

We belong to the Honolulu Board of Realtors , The Hawaii Association of Realtors and the National Association of Realtors. We adopt and follow the Code of Ethics of these organizations.

Investors from all-over the world purchase real estate in Hawaii each year because Hawaii offers the most beautiful weather, scenery and people. If you are considering owning real estate in Hawaii, you may like to call on the professional real estate agents of Del Osman Realty Inc.

This firm is managed by Kay F. Osman, R, CRB, CRS, GRI, one of the most knowledgeable and experienced realtors in Hawaii who is known for her service, integrity and innovation. On the other hand if you are looking for the maximum exposure for your real estate in Hawaii, Del Osman Realty is ideal because of its outstanding web site exposure and its physical location in the heart of Honolulu, Hawaii.

Our Mission
Our mission is to run a reputable, profitable and effective real estate operation by continuously attracting qualified buyers and sellers to our Company, using unique selling propositions. We provide them with the highest quality service at competitive prices. We sincerely care about them and we empathize with their concerns. We consider them the most important asset we have. We help our clients achieve their goals through an ethical, well trained and adequately compensated staff. As a team we strive to build and earn our clients’ loyalty and referrals. We pledge to be good to our industry and to our community.

Our Services
Del Osman Realty Inc. (DOR), is a real estate firm incorporated in the state of Hawaii in 1980. DOR is a small company by design. We strongly believe in concentrating our efforts and resources in providing top quality services to our clients instead of managing large staff. We measure our success by the quality of service we provide rather than the number of transactions we consummate.

Our Principal Broker
Kay Osman is the Vice President and Principal Broker of Del Osman Realty Inc. Kay was born in Egypt and earned her BA from Cairo University. She came to Hawaii in 1968. After working for UH and Travel System International, Kay became interested in the real estate business.

 

Kay believes that a client’s loyalty must be earned and never be taken for granted. She strives to deliver more than she promises. Kay’s clients and associates consider her a dedicated professional.

Continuing education and self development keep her ready and fit to take on the challenges of the business. She has earned the ABR, CRB, CRS, GRI and the SRES designations and participated in numerous seminars and workshops. Kay’s interest in and concern for others bring her countless referrals which she values highly.

Kay’s success and experience earned her the respect and admiration of her peers. She served on many committees and task forces in several capacities in Hawaii including: President of the Hawaii Chapter of the CRB; Chairman of the Education Committee of HAR; Vice Chair of the Education Committee of the CRS; and member HAR’s Communication Task Force.

Give Kay a call and let her turn your dreams into reality! Her high ethical standards, commitment, excellent knowledge of finance and the available properties will be of great help to both buyers and sellers. Enlist the services of a proven performer with over 20 years of experience in Hawaii real estate.

Del Osman Realty Inc., provides complete resale brokerage service and property management. Let our real estate professionals show you what Hawaii has to offer in your price range and the location you prefer.

Kay F Osman, R, CRB, CRS, GRI, SRES Accredited Buyer’s Representative (ABR) has been helping buyers realize their home buying dreams for over 15 years. She can help you get the right home at the right price every time.

* The properties in the right locations appreciate in value the most, in the shortest time

* The properties in the right locations are the most enjoyable to live in, which makes them the most in demand

Click here to read the rest of this short real estate blog post

While you’re there you can download “Your Must-Have Visual Guide To Honolulu and Oahu’s Neighborhoods” report

Tags: hawaii neighborhoods, location in hawaii, home for sale in Hawaii

E-Report - Vacation Homes (Contributor: Old Republic Exchange)

Vacation Homes, Second Homes and Timeshares—Can They Be Exchanged?

Does failure to rent disqualify a property from Section 1031 deferral?

Does personal use disqualify a property from Section 1031 deferral?

What are the two primary ways that Timeshares are characterized?

Click here to find out the answers in this PDF real estate report

Tags: vacation home, second home in Hawaii, Hawaii timeshare

You Need To Be Protected When Buying Or Selling Real Estate

Home inspection:

Real estate is large investment, and you need to protect your investment. In addition to your visual inspection during your visits to the home, as soon as you have an accepted contract, you need to hire a licensed, professional home inspector to give you a detailed report about the home, construction, electric, plumbing, roofing, hazardous material and any other information about the home. Paying for inspector is the best investment, if it comes with a clean bill of health, or even with a very bad report, you are the winner in both cases, you have the option to move forward or cancel and run away from too many or costly repairs.

Seller’s Real Property Disclosure:

The Seller is obligated to disclose all material facts and defects Seller is aware of. Buyer as per the contract, has certain number of days to accept the disclosure and proceed with the purchase, or reject the disclosure and cancel. Buyer is advised to read the report carefully, ask questions, and verify information. It is recommended that a copy of that disclosure be given to Buyer’s inspector to assist in reviewing & verifying any conditions mentioned by the Seller.

Subdivision or Condominium documents:

It is advisable to get a copy of the covenants & restrictions if there is one in the area of the home you are interested in. You do not want to be surprised about any rules or regulations that you are not comfortable with. If you are purchasing a condominium or townhouse, there are a lot of documents, including budget, minutes of meetings, reserve study, house rules, by-laws to mention a few. Please take the time to read all this within the time line of your contract.

Fire and Hazard Insurance:

If you are buying a single family home, the lender wants to see an insurance binder before giving you the final loan commitment. Do not wait to the last minute to shop for your home insurance, as soon as you have a sold contract, start your search for insurance carrier. The insurance carriers are now more strict and selective. If you are buying a fixer upper old home, it may be more difficult to secure insurance.

Repairs and As Is Clauses:

In a Seller’s market, most sellers add an As Is Addendum to the contract, stating that the home is sold in as is condition. You may accept it, however, during the inspection period, you discover serious costly problems that would not have been discovered by just visual inspection and without a professional inspector. Your agent, in this case, should try to approach the Seller with a list of requested repairs, high -lighting the fact that it was not visible to a lay person, not disclosed by Seller and is too expensive to afford.

Walk Through Inspection:

The final walk thru is done within 7 days prior to recordation, preferably, the property will be vacant. The purpose of this walk through is to check that the property is still in the same condition and repair as when you first inspected it (hopefully you took some photos at that time), and that all included items are in place. If repairs are not done or delayed, get an estimate of the cost, and request that escrow withholds from Seller’s proceeds an amount equal to 150% of that estimate.

Enjoy your home

Tags: protect yourself when buying a home in Hawaii, buying a condominium apartment, what is involved in buying a Hawaii home

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Kay F Osman has been assisting buyers realize their home
buying dreams for over 30 years. She can help you get the
right home at the right price.

To PingMe (Call me free), click here:
http://4u-web.com/rp/new.html

Kay F Osman R, CRB, CRS, GRI, SRES
Accredited Buyer’s Representative (ABR)
Del Osman Realty, Inc.
Ph: (808) 523-6421 fax: (808) 523-8729
Web site: http://osman1.com
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Below is a special PDF report with… Money Saving Taxation Methods That You Can Take Advantage Of (Contributor: Old Republic Exchange)

When a taxpayer sells a principal residence, they are entitled to exclude $250,000 of gain ($500,000 for married taxpayers) from taxation. A a taxpayer may also exchange investment property for other investment property and defer capital gains on the sale.

When a property is used for both purposes – i.e. as a principal residence and for investment – a taxpayer may take advantage of both the 121 capital gain exclusion and the 1031 capital gain deferral. What types of property qualify?

Find out these answers and more in this Free PDF real estate exchange report

Tags: money saving taxation methods, Hawaii investment property, 1031 tax exchange

Del Osman Realty, Inc. complies with all Federal and Local Fair Housing Regulations.  Fair Housing Renter’s Housing Rights is spelled out in the Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988, provides civil rights protection to applicants and tenants of rented or leased residential dwelling units.  These rights are also included in Chapter 515, Hawaii Revised Statutes which further expands the protection provided by State Law.  Together, Federal and State laws, prohibit housing discrimination based on a person’s RACE, COLOR, RELIGION, ORIGIN, SEX, PRESENCE OF MINOR CHILDREN IN THE FAMILY, PHYSICAL OR MENTAL DISABILITY, MARITAL STATUS OR AGE.  These are called the “protected classes”.  Fair Housing is good for our families, good for our communities, good for the real estate industry and for business in general. Fair housing means equal and professional real estate service to everyone.  For more information about Fair Housing laws, please visit:  http://www.hud.gov/offices/fheol/FHLaws/

Tags: price of homes in hawaii, hawaii homes, search for home in hawaii, real estate agent in hawaii