Do you know your options for avoiding foreclosure in Hawaii? Here’s Part 2 of our ‘stop foreclosure in Hawaii’ list. Get educated so you can best move forward. Continue reading...
Posts under ‘Foreclosures’
Options for Avoiding Foreclosure in Hawaii – Part 1
Facing foreclosure in Hawaii? Want to understand your options to better prepare how to move forward? Let us discuss your possibilities for stopping foreclosure. Continue reading...
Occupy for the Hawaii Homeless? Bonus Inside.
Brooklyn housing activists recently took over a foreclosed home on behalf of a homeless family. Would that form of “occupation” work in Hawaii? Continue reading...
Abercrombie Signs Hawaii Foreclosure Moratorium Bill SB 651
On May 5, 2011, Hawaii Governor Neil Abercrombie signed into law SB 651 which is being called the nation’s toughest foreclosure bill on record, putting a supposed to end to robotic and other forms of unlawful or inappropriate foreclosures on Hawaii’s real estate property owners. Provisions of SB 651 enact a moratorium on all new non-judicial foreclosures through July 1, 2012 (owner-occupants only – does not apply to second homes). The new legislation gives owners the option to meet face to face with their lender before a foreclosure can occur.
“The credit for this today is… Continue reading...
Hangover: Tequila or the Market?
How’s Your Head?
If you didn’t notice, yesterday was Cince de Mayo. Most Americans mistakenly believe this is some sort of Mexican Independence Day. In truth, it’s a minor celebration south of the border that commemorates an unlikely victory over French forces in the Battle of Puebla in 1862 (yes, I Wikipedia’d it – don’t tell me you don’t use it, either!). Back when I lived in Washington, DC, we had huge parties downtown as the Latino population in the nation’s capital is quite large. I had friends from every Latino country you could think… Continue reading...
Latest Hawaii Foreclosure News
Saturday night I had dinner at Kona Brewing Co. in Hawaii Kai with some friends after hiking the beautiful and relatively unknown Tom Tom trail by Makapuu. Someone had picked up the recent Honolulu Weekly and conversation quickly turned to Hawaii real estate matters and the foreclosure mess that’s invaded the national psyche and wreacked havoc throughout our islands. The cover story, “The Foreclosure Fiasco”, takes a stab at the big banks and lenders, namely Bank of America which has a large share of the mortgages here in Hawaii. A lot of is apparently justified as there… Continue reading...
Should Hawaii Institute a Foreclosure Moratorium?
Should Hawaii institute a five-month moratorium on foreclosures as proposed? Will this help curb improper foreclosures or will it only serve to back up the pipeline of distressed inventory? Is this justice or injustice? Is there a middle ground? Hawaii was just ranked #11 in foreclosure filings per housing unit — is a moratorium what we need right now? Continue reading...
Maui Home Sales for 2010 – Up or Down?
…but can residents find work, too?
Aloha, everyone. I just read this brief article (and its misleading title “Maui home sales are up”) in the Pacific Business News about the recent real estate sales figures for Maui. The overall picture is that while volume is up, median prices are way down. Let’s quickly look at the numbers. Sales of single family homes… Continue reading...
