Happy Aloha Friday! 

We hope that everyone is doing well during these times. There are a lot of industries that have been hit hard by COVID-19 and have put some home owners in tough positions. Across the nation the number of unemployment claims, furloughs, and reduced hours keeps rising. If you have been hearing about mortgage assistance or forbearance you should know all the facts and contact your servicer.

Please see the below links from the CFPB (Consumer Financial Protection Bureau) which is the best resource to get an overview of the basics. If you wish to look into potential assistance, contact your loan officer to ask them questions and then contact your servicer to start the conversation. If you CAN pay your mortgage, PAY your mortgage. It may be detrimental to you now or in the future to negotiate forbearance with your lender.

Read more here.

Lottery applications for Ilima at Hoopili have been announced. There are affordable and market options available for purchase. Lotteries will be closed events due to the COVID-19 events and new procedures will be in effect until further notice. 

Affordable-Priced Ilima Release 3/28/2020

2 bedrooms, 2.5 bathrooms, 2 parking, 935 sqft priced at $426,575 fee simple. Available in Summer 2020. 

3 bedrooms, 2 bathrooms, 2 parking, 1,086 sqft priced at $450,565 fee simple. Available Summer 2020

Market-Priced Ilima Release 3/28/2020

3 bedroom, 2.5 bathrooms, 2 parking, 1,397 - 1,399 sqft priced between $601,510 - $619,640 fee simple. Available Summer 2020. 

Ilima will feature seven floor plans ranging between 916 to 1,399 sq ft. Each unit will have a fenced private yard and a minimum of two parking stall. Come live in the growing community of Hoopili with community amenities nearby. Each home will have standard Smart Home features and 10-year Limited Structural Warranty. These homes are targeted to be completed in early 2020. 

Read more about Ilima at Hoopili.

Lottery Applications Due: Friday, March 27, 2020 by 5:00 pm

Lottery Date: Saturday, March 28, 2020 at 10:00 am

Make sure you have a Buyers Agent!

* I do not represent the developer nor am I part of the sales team. I make no representations on their behalf. If you want information directly from the sales office I urge you to contact them directly. If you would like me to help represent you as your real estate professional I would be happy to meet with you. 

LAST release for Aulu at Hoopilii has been announced by D.R. Horton! This community is filled with 3- and 4- bedroom single family houses with 2-car garages. Aulu will have 8 different floorplans with even an ADU (Accessory Dwelling Unit) option. Square footage range from 1,219 sqft to 1,817 sqft. Prices starting at $730,000 fee simple. Homes will be completed in Summer/Fall 2020.

Read more about Aulu at Hoopili.

Lottery Applications Due: Friday, March 27, 2020 by 5:00 pm

Lottery Date: Saturday, March 28, 2020 at 10:00 am

Make sure you have a Buyers Agent!

* I do not represent the developer nor am I part of the sales team. I make no representations on their behalf. If you want information directly from the sales office I urge you to contact them directly. If you would like me to help represent you as your real estate professional I would be happy to meet with you. 

D.R. Horton has just released the newest Olena homes for sale! This community is designed for multi-generational living and will only have 30 of these homes for sale. 3 different floorplans featuring 3 and 4 bedroom layouts with a two-car attached garage. Homes will have split air conditiong and stainless steel appliances. They will also have urban landscaping in the front yard with edible plants. Prices will start at $814,000 fee simple and homes will be completed in summer 2020.

Read more about Olena here.

Lottery Applications Due: Friday, March 27, 2020 by 5:00 pm

Lottery Date: Saturday, March 28, 2020 at 10:00 am

Make sure you have a Buyers Agent!

* I do not represent the developer nor am I part of the sales team. I make no representations on their behalf. If you want information directly from the sales office I urge you to contact them directly. If you would like me to help represent you as your real estate professional I would be happy to meet with you. 

Due to health news scares and stock market drops, the mortgage interest rates are dropping to the lowest its been in the past 3 years and possibly dropping more. The rates are near all-time lows! 

Based on Mortgage News Daily the 30 year Fixed Rate Mortgage for 3/2/2020 is 3.13%.

What does this mean for you?

Lower Interest Rates = Lower Monthly Payments

If you’ve been on the fence about buying or know someone who has been looking to buy, now might be a great opportunity to purchase and take advantage of your current purchasing power.

If you’ve bought a home in the last two years or have not refinanced before now might be the perfect time to refinance, use equity to pay off debts, and lower your monthly payments.

Loan Scenario

What can a lower interest rate do?

With a lower interest rate at 3.5% compared to 4.625%, you could save nearly $200 per month on a $300,000 mortgage loan! 

Data pulled from Mortgage News Daily.

Disclaimer: All loans are subject to credit approval. Interest rates are subject to change daily and without notice. Current interest rates shown our indicative of market conditions and individual qualifications and will vary upon your lock-in period, loan type, credit score, purpose and loan to value.

Kohina at Hoopili has just released their next condominium and townhomes for sale. Kohina is conveniently located near the entrance of Ho'opili and be the first TOD (transit-oriented development) neighborhood. There will be approximately 276 homes and commercial spaces. There are more than 40 unique floorplans including market and affordable one- to four-bedroom townhomes, FLEX homes and commercial spaces. Prices will start $399,000 fee simple and will be available late summer 2020.

Read more at Kohina at Hoopili

Lottery Applications Due: Friday, March 6, 2020 by 5:00 pm

Lottery Date: Saturday, March 7, 2020 at 10:00 am

Make sure you have a Buyers Agent!

* I do not represent the developer nor am I part of the sales team. I make no representations on their behalf. If you want information directly from the sales office I urge you to contact them directly. If you would like me to help represent you as your real estate professional I would be happy to meet with you. 

New release for Aulu at Hoopilii has been announced by D.R. Horton! This community is filled with 3- and 4- bedroom single family houses with 2-car garages. Aulu will have 8 different floorplans with even an ADU (Accessory Dwelling Unit) option. Square footage range from 1,219 sqft to 1,817 sqft. Prices starting at $720,000 fee simple. Homes will be completed in Summer 2020.

Read more about Aulu at Hoopili.

Lottery Applications Due: Friday, March 6, 2020 by 5:00 pm

Lottery Date: Saturday, March 7, 2020 at 10:00 am

Make sure you have a Buyers Agent!

* I do not represent the developer nor am I part of the sales team. I make no representations on their behalf. If you want information directly from the sales office I urge you to contact them directly. If you would like me to help represent you as your real estate professional I would be happy to meet with you. 

D.R. Horton has just released the newest Olena homes for sale! This community is designed for multi-generational living and will only have 30 of these homes for sale. 3 different floorplans featuring 3 and 4 bedroom layouts with a two-car attached garage. Homes will have split air conditiong and stainless steel appliances. They will also have urban landscaping in the front yard with edible plants. Prices will start at $814,000 fee simple and homes will be completed in summer 2020.

Read more about Olena here.

Lottery Applications Due: Friday, March 6, 2020 by 5:00 pm

Lottery Date: Saturday, March 7, 2020 at 10:00 am

Make sure you have a Buyers Agent!

* I do not represent the developer nor am I part of the sales team. I make no representations on their behalf. If you want information directly from the sales office I urge you to contact them directly. If you would like me to help represent you as your real estate professional I would be happy to meet with you. 

Our newest listing at Royal Kunia has just went into escrow after listing on February 20, 2020. We had our first open house on Sunday and had a good amount of interest. Flooring, painting, and cleaning were done to prepare the home. We also had the home professionally staged to appeal to more potential buyers. 

See the listing here.

Our first listing of 2020 just sold today! 

Just Sold at Tropics at Waikele! This home was a project in the works last year and our first listing of this year on January 2nd. We had to prep the home during the December holiday season to get it show-ready. After the first open house on the first Sunday of 2020, we were able to receive multiple offers. Grateful for my clients in trusting me with their home and glad that I could help.