The Appraisal is a Vital Part of the Lending Process

What is a real estate appraisal? It is an expert, unbiased opinion of the market value of real property.  The appraiser performs a detailed site inspection which includes visiting the property, recording room measurements and noting amenity information.  Since no two properties are identical, an appraiser considers the property location, comparable sales in the area, … Continue reading The Appraisal is a Vital Part of the Lending Process

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Quote – Thomas Jefferson

“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” – Thomas Jefferson Share this:ShareEmailPrintShareDiggStumbleUponReddit

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May 2010 Honolulu Condominium Market Report – Hokua at 1288 Ala Moana

Summary Despite nine consecutive months with at least one sale, and many months had more than one sale, the number of apartments for sale rose since my November 2009 Hokua report.  Yet, I am very pleased by what I see in the chart below.  The market is working.  There are enough buyers with the means … Continue reading May 2010 Honolulu Condominium Market Report – Hokua at 1288 Ala Moana

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Honolulu Real Estate Statistics – April 2010

The Honolulu Board of REALTORS® released resale figures for the month of April.  According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales   Number of Sales This Month Compared To Prior Year Median* Sales Price This Month Compared To … Continue reading Honolulu Real Estate Statistics – April 2010

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