09-20-2006, 01:49 PM
You are absolutely correct John. I know agents on this side of the island who will drive to the East side with clients to make a sale but they need a map just to find even the subdivision, not to mention the properties. There is a RICO complaint against one of the Kona agents who took a listing on the East side without the knowledge of the subdivision and his MLS input was inaccurate. It will be up to RICO to decide if it was false advertising, or non-disclosure of material facts or both. That's why I personally don't do business on that side of the island except in Leilani Estates and HPP (and the subdivisions I own properties in) those I know.
As to the CC&R's issue, my personal experience taught me a valuable lesson. I am sure if you ask everybody will say there are no CC&R's in HOVE. I bought a lot there a while ago and CC&R's showed up on my title report. Apparently, while there are no CC&R's for the subdivision, one owner who owned four lots drafted and recorded CC&R's for those four lots. I wouldn't have known that without the title report (and further getting a copy of the CC&R's by the recorded Liber number.)
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
Edited by - John S. Rabi on 09/21/2006 09:38:11
As to the CC&R's issue, my personal experience taught me a valuable lesson. I am sure if you ask everybody will say there are no CC&R's in HOVE. I bought a lot there a while ago and CC&R's showed up on my title report. Apparently, while there are no CC&R's for the subdivision, one owner who owned four lots drafted and recorded CC&R's for those four lots. I wouldn't have known that without the title report (and further getting a copy of the CC&R's by the recorded Liber number.)
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
Edited by - John S. Rabi on 09/21/2006 09:38:11