In Hawaii, outdoor living areas are an extension of our lives. Check out these tips on how to create a great outdoor room.
Are you ready to buy a home? You might think so, but in today's competitive market, it's not enough to be ordinary Joe (or Jane) Buyer. You have to stand out from the crowd. With the national average days on market at 77 (25 for Oahu), homes are being bought at or above asking price, with multiple offers. We've seen several cases where the home is listed on Monday, previewed for local agents mid-week, opened to the general public on Sunday, and entered into escrow the next day. Don't lose out on the home of your dreams.
Here are a few tips to help you become the best homebuyer in your market.
Is it time to buy new construction or go with existing homes? CNN Money recently looked at the pros and cons of both.
Surprisingly, when weighing the price, it's a draw between new and existing. The best lots in new construction are generally taken first, leaving the average consumer with lesser outlying lots.
Existing wins out in the speed of the transaction, as possession will be at close instead of end of construction.
But, new wins out on costs because existing will need big ticket replacements sooner (roofs, a/c, mechanics) while new can save money through more efficient utility bills.
Existing comes back into the equation when it comes to near-term gains. Sweat equity can add value over neighboring homes, while new homes will sell the same as similar homes in the development.
So, which is right for you? It might come down to personal preference.
Which do you prefer?
read the complete article here.
The number of condos sold in February surged 22.9% with a median price of $340,00, a two-year high. Sales for single family homes dipped 7.4%.
Interest rates are expected to nudge upward, which will affect the purchasing power of your dollar. If you're sitting on the fence about selling, now is the time. Low inventories mean s low, meaning less competition in the market place and a pool of buyers.
Contact me at CherylS@cbpacific.com or call 808-253-9068 if you're ready to sell.
Former Governor Jennifer Granholm speaks at TED in favor of empowering the states and private sectors to go around Congress to invest in clean energy jobs.
Congress is continually gridlocked. Do we expect them to suddenly come together and create jobs, and solve the energy crisis at the same time?
Jennifer Granholm (my favorite guv) proposed the private sector fund a contest of sorts, challenging each state to use its strengths to add jobs in the green sector. Wind farms in the Plains states, solar in the Southwest, etc.
Hear her thoughts during a recent TED conference.
It's time to take our own destiny in our hands and make things happen. Do you agree?
The better your credit score, the better rates you can get on a mortgage. If you're thinking of buying a house in the mid-future, there are steps you can take to better your credit score.
1. Pay down your credit card debt. It's the easiest way to improve your score. A high credit card balance equals a lower FICO score.
2. Fix credit errors. Pull your credit report from one of the three major credit reporting services and review it for false statements. Then get them resolved.
3. Remove disputed accounts, especially if you plan on using a loan guaranteed by Freddie Mac or Fannie Mae. In today's world, they guarantee a majority of loans.
4. Use a credit card with no balance then pay it off immediately. Unused cards need to be activated on occasion to keep your score healthy.
5. Don't close any credit card accounts. Your score will dip. Conversely, don't open any new ones, either.
The full article can be found at http://money.msn.com/credit-rating/5-fast-fixes-for-your-credit-score?goback=%2Egde_134657_member_215261966
Aloha! I love to travel, read, write (check out www.cherylsterlingbooks.com for romantic paranormal