Big Island mortgage situation

[Merd]

I hear that James! []
Thanks, John, for the info. We plan on meeting with a morgage broker on the island next week per your suggestion, mahalo!

[oink]

John,

I believe in most markets 100% financing is still available with PMI, just not as common.

Also, whats with this proposed court rule http://www.courts.state.hi.us/attachment...102207.pdf affecting Realtors abilities concerning contracts? Also see http://starbulletin.com/2008/01/21/news/story02.html

Pua`a
S. FL
Big Islander to be.

[John S. Rabi]

oink, it's the lawyers plot to protect their money making machine.

Aloha,
John S. Rabi, ABR,CM,CRB,FHS,RB
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"

[jdirgo]

It won't just affect Realtors, it will affect everyone from title/escrow companies to even ancillary services like home and termite inspectors in my opinion (would "the catchment could use cleaning" be considered "legal advice" -- well, by a strict definition, probably).

John Dirgo, R, ABR, e-PRO
Aloha Coast Realty, LLC
808-987-9243 cell
http://www.alohacoastrealty.com

[Rob L]

Maybe now I can come to live in Hawaii and make my living advising people to clean their catchments.[:o)]

Aloha,
Rob L

[mella l]

Are there any published statistics as to how many defaulted loans year over year, or by month? That is how it is published here. Defaults have increased 2006 to 2007 over 100 percent and north of there, published by county.

mella l

[Aaron S]

Hawaii Foreclosure data

http://starbulletin.com/2007/12/20/busin...ory04.html

[jdirgo]

LOL, Rob. Just pass the bar in Hawaii first.

John Dirgo, R, ABR, e-PRO
Aloha Coast Realty, LLC
808-987-9243 cell
http://www.alohacoastrealty.com

[Beachboy]

quote:

---

Originally posted by oink

John,

I believe in most markets 100% financing is still available with PMI, just not as common.

Also, whats with this proposed court rule http://www.courts.state.hi.us/attachment...102207.pdf affecting Realtors abilities concerning contracts? Also see http://starbulletin.com/2008/01/21/news/story02.html

Pua`a
S. FL
Big Islander to be.

---

Nobody around here in Hawaii is offering 100% fianacing. I bought my house right about when Prime Lending fiasco started. My credit score was close to 800. Between Jan and june my contract was done over three different times by the lender. Because of my good credit score 100% fianancing was an option, but that was quickly taken off the table!

No Oink, don't think you can get 100% fianancing anywhere in the islands...even with a PMI

Fat chicks are like mopeds, fun to ride,but you never want your friends to catch you on one!

[Beachboy]

Pua`a
S. FL
Big Islander to be.
[/quote]

Nobody around here in Hawaii is offering 100% fianacing. I bought my house right about when Prime Lending fiasco started. My credit score was close to 800. Between Jan and june my contract was done over three different times by the lender. Because of my good credit score 100% fianancing was an option, but that was quickly taken off the table!

No Oink, don't think you can get 100% fianancing anywhere in the islands...even with a PMI

Fat chicks are like mopeds, fun to ride,but you never want your friends to catch you on one!