Orin Sherman MBA's Q&A

I find with parents placing their kids in public schools that it is very important and is a key determinent of where they live.  Values can drop further in areas with poor schools while areas with good schools tend to get bought before falling as far in value. 

There are reputable mortgage companies in the Zillow buckets to the right side.  They offer featured rates but are sure to have VA rates if you contact them. 

Yes...I find using a company that has everything done and stays current is best or do it yourself if you have the skills or know someone.  I use a friend that is a great programmer but getting his time is always a challenge and would recommend getting a paid person...hehe.

Use the opportunity to instead pay down the principal. 

I see this under so people, not me of course but I wonder what's there?  Perhaps you should be given the option to turn it on or off because sometimes you wonder if the person is qualified to speak on the topic.

Search on http://www.honolulupropertytax.com and please be respectful or use a Realtor to make contact if it is real estate oriented.

I have a home next to a school and people comment positive things about that but it can be burdensome with traffic and noise.  Homes down the road, walking distance would be more desirable in my opinion.

Long winded question but hate for a question to go un-answered.

Reported is $99/mos taxes and $325/ mos for maint & hoa. 

I have a few clients and friends that have had similar situations.  I find that various lenders give differing responses so I agree with contact the lender.  If they are tough or in business we call that smart they will place liens and do whatever it takes to get the money owed them.  If they allow a refi, expect them to use your assets or equity in your first home to help do that.  Some people are professionals with handling lenders with mods and tthat could be something you try.  I hear some may not be on the up and up but people say that about politicians and lawyers yet we still have them in abundance.  If you dont' mind sharing your distressed situation, please let me know how it works out or if you need help or questions I will try to help.  We  are all in this so we might as well stick together.  Good luck!