Hawaii ranks 3 times in top 10 for Vacation Adventures

We know Hawaii is special but its nice to see other folks think so too. US News just ranked 3 Hawaiian islands in their Top 10 Vacation Adventure Sites. Kauai came in at #3 and Maui right behind at #4. The Big Island of Hawaii was at #7.

Beyond the toes in the sand and swimming in the warm Pacific waters the islands offer everything from Kayaking to Zip Lining across lush cliff tops. Hiking is great on all the islands and Kauai with its "Grand Canyon of the Pacific" has spectacular scenery and what can be as spectacular and peaceful as Hiking in the dormant Volcano of Haleakala on Maui. The Big Island boasts one of the largest cattle ranches in the country and Horseback riding can be enjoyed there and on all the islands. Maui and Oahu even have Polo.

Let us not forget snorkeling, boogie boarding and diving too and my husband Doug's favorite fishing.

Come and visit and see why we choose to make Hawaii our home and year round vacation spot.

If you want more information on Maui or Maui Real Estate check out our website: www.FineIslandProperties.com

Aloha, Gina

808-250-9858

The REO Market has recently had changes in Hawaii due to Act 48 which was enacted in May of 2011. The Act stipulated that there be a moratorium on foreclosures and that the lenders had to meet with homeowners prior to foreclosing on their homes. If foreclosure went forward they would have to file a Judicial foreclosure which costs time and money for the lender.

We had inventory "shadow inventory" that the lenders are still able to process and sell as long as the Maui foreclosure happened prior to the new law's date. Currently there are 55 Residential Foreclosures showing active on Maui's MLS and 36 Condos compared to short sales at 68 for Residential and 62 for Condos.

Many owners knowing that the courts are tied up are waiting it out. Others who once tried to get a loan modification and were turned down are now trying again. Leverage is there now that the banks have to go through the Judicial foreclosure process.

I've represented over 75 Maui short sale owners and I am encouraging folks to modify if they can. If not short sale is an excellent option. The Judicial process may be slow but one bad potential outcome is that they lender asks for a deficiency judgement for the balance owed. In the non-judicial process lenders for the most part forgave the difference, but if they have to spend time and money they may not be as willing.

For further information please visit our website: www.FineIslandProperties.com or email me at Mauigina@gmail.com

I look forward to assisting you with your Maui Real Estate needs.