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Loren E. Clive's Advice

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  • 12 Contributions
  • 2 Best Answers
  • 1 Helpful

Loren E. Clive wrote:

how do i find what my house is worth?

Answer
CMA by a local realtor is best. You could also look at the assessed value on county tax rolls, which are public record and available online. Or you could order an appraisal. 
January 04 2013
(1)

I really want to trust the landlord's...how can I verify THEM?

Best Answer
Go to public records and verify they actually own the house. Link for Big Island ishttp://www.hawaiipropertytax.com/Main/Home.aspxIf they own the house, it's probably legit. Ask current tenant about his experience renting from them. 
September 24 2012
(0)

What kind of financing can we get for a condotel purchase in Maui?

Answer
You're basically looking at 20% down on condos with high owner occupancy rate vs. 35% down at condotels. [deleted by Zillow moderator]And when you get preapproved, I'd be happy to work with you, Elizabeth.
September 21 2012
(0)

Walk Through

Answer
Sammy, don't assume the owner took the toilet. It may have been stolen. Do the sellers have homeowner's insurance to cover the theft?Is the property secured? That would be my top priority at this point. Have one of the real estate agents present for the remainder of the move out to ensure other things aren't taken.If you really want the property, I wouldn't let the toilet, a retail value of $200, kill the deal. In a short sale, money is in short supply so you might have difficulty getting the already distressed sellers to pay.Sure you can cancel the transaction over this, but don't lose sight of the big picture. I would wait until final walk-through to see what you're actually getting.
August 03 2012
(0)

Why are taxes listed with rental homes? Are renters also responsible for the yearly taxes?

Answer
Renters are only responsible for real estate taxes when leasing commercial property according to standard practice.I have never seen a residential lease include taxes, but ALWAYS read your lease before signing. 
August 02 2012
(0)

Why doesn't Zillow have a section in the Rentals page to put in that we are looking for a Rental

Answer
Try posting in rentals wanted on Craigslist
August 02 2012
(0)

how can i find out whos the real owner of a certain house?

Answer
I will check it out for you if you provide the address.
August 02 2012
(0)

If I live off island in Hawaii do I have to hire a licensed property manager?

Answer
Hawaii law states you must designate someone who lives on the same island as your property manager. Rule recently changed--see link.However, this person may be licensed or unlicensed. I would recommend a licensed person as they are more professional and know the laws, but up to you. Also keep in mind that anyone who manages property for more than one owner is required to hold a real estate license, so it would be a red flag if your manager was unlicensed and provided references for other clients.
August 02 2012
(0)

How successful are Agent open houses?

Answer
Most open houses attract buyer leads for the agent. I have never sold the open house I was sitting to a buyer met at open house.Therefore, although worthwhile, open houses are a very passive way of marketing a home. I prefer door knocking or calling the neighbors, internet marketing, blogging, etc.I agree that broker's opens, which are open houses for real estate professionals, are more effective.
August 02 2012
(0)

Should I just buy and wait for my home to sell?

Answer
Questions:1. Do you have to sell before buying? That is, do you need the equity from your current home in order to purchase a new one?2. When is this job deadline you keep referencing?3. How long has your home been on the market and have you received any offers?4. Would renting your home cover the carrying costs? Remember, you can always hire a property manager to deal with the tenants.
August 02 2012
(0)