Saturday, May 28, 2011

Serene Tropical Maui Estate

Serene Tropical Estate Home









2600 Kanakanui Rd Kihei

Stunning doesn't begin to describe this one of a kind luxury executive gated estate. Just past lush tropical landscape this exquisite, very private, & serene property features furnished main home, cottage, 4 car garage, tropical oasis pool & tennis court. Appointments incl travertine tiling w/custom accents, mahogany trim, custom lighting, rain forest granite, surround sound system, & more.















The gracious living room is past granite columns w/room for the piano. A sunken media area, dining area and kitchen are part of the great room concept.



The custom pool has waterfall feature, rock accents, & a walk in beach entry.
Outdoor living to love incl. limestone counters and Jenn Air BBQ, hot tub, & an outdoor shower area featuring Bali artwork designed right in the lava rock walls. The 2nd level Master Retreat has sweeping ocean & outer island views. Sunsets year round, a sitting area, and the master bath is everything you can desire. Jacuzzi tub w/from the ceiling bath filler, walk in shower, dual glass bowl sinks on granite counters, & a walk in closet 2- 1/4 acre lots are included so you can build your own retreat, Bed and Breakfast, or add another home.

Tuesday, May 10, 2011

New HI Foreclosure Law: What you should know...









Act 48: Hawaii Relief has arrived in the form of our new foreclosure law just enacted. This gives real power back to the people and makes lenders meet face to face with the borrower prior to foreclosure.






Many of our short sale clients have complained (and rightfully so) that they felt disenfranchised from the process of negotiating with their lender for a loan modification. In some instances they were told by their lender unless they were late in payments they wouldn't get modified. So late payments equalled bad credit and the banks still didn't modify their loan, and many times claimed paperwork was "missing" or not turned in. These were the same excuses from lenders that we have seen for years working with short sales.






Overseen by the Department of Commerce & Consumer Affairs, Office of Administrative Hearings, with assistance from Judiciary this new law will require lenders to file with the Department prior to foreclosure process beginning. The Dept will then notify all parties and if an owner occupant (having lived in home for 200+ consecutive days) wishes to mediate then both parties are given date/time to meet. There are minor fees involved required from both parties.



If the Mortgagee is pursing a non-judicial foreclosure both parties are required to participate. The program is slated to begin on or before Oct 1, 2011 and not end until Sept 30, 2014.

Certain requirements from the owner are required including list of items to bring to the negotiating table.




To read more on Act 48 click on the link below.