Great Hawaiian Homes Blog

Honolulu Property Tax Rates

Tue, 02 Mar 2010 22:28:06 -0600

The mayor of Honolulu announced today that he was going to propose a small hike in the Property Tax Rate for Non-Owner Occupants. The rate for owner occupants is $3.42 per $1,000 in value for residential properties on Oahu. The hike is slight and will not affect the current rate for owner occupants.

This means that if your home is worth $100,000, your annual property tax would be $342, assuming you don't have any exemptions for the value, which you would, being an owner occupant. These exemption increase as the owner gets older.

The main thing to remember here is that Honolulu has some of the Least Expensive Property Taxes in the country.

If you would like more information on properties that are available

on Oahu, please click here- Oahu Property Search.

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Asbestos In The Home-The Whole Story

Tue, 16 Feb 2010 14:41:57 -0600

Asbestos in the home is a scary prospect for today's home buyers. Over the years, they have been getting more and more concerned about Asbestos in ceilings, flooring tiles and anywhere else it my be hiding. We have teamed up with the Mesothelioma Center to get the facts to you.

Where Asbestos Can be Found:

In the Home The amount of asbestos that can be found within a home depends on when the home was built or renovated. If the house, or anything in it, was built before the mid-1970s, there is a good chance of finding asbestos-containing materials. However, asbestos was still used in homes though the 1980s and is found in construction products made today. These materials can be found in a variety of places ranging from the roof to the basement.

Asbestos materials that are difficult to locate include vinyl wall coverings, ceiling tiles, and sprayed or troweled on "popcorn" textured coatings. For these products, the only way to find the asbestos-containing fibers is to scientifically sample them for testing by using an EPA-certified lab.

It is important to determine if asbestos is located in the water or steam pipes. If the pipes do contain asbestos, they are safe as long as they are not damaged by water leaks or by children playing nearby. It is best to coat them with modern protection such as plastic sheeting or sprays that will harden and encapsulate the asbestos fibers. These protections, however, will make it more difficult to remove the insulation and will have to be removed at a later date. Most states and/or municipalities require separate removal and proper disposal of all asbestos-containing materials when any building is demolished, or when an area is renovated where such materials are present.

What is the Difference Between Friable and Non-Friable?

There is a major distinction between friable and non-friable asbestos materials. Asbestos-containing material (flooring, roofing, pipe wrap, insulation, etc.) in the home can be crushed, pulverized, or turned to powder by the pressure of the average human hand are known as friable materials and can release dry asbestos fibers into the air. Non-friable materials are either tough or flexible enough to contain the embedded asbestos fibers, but with age and normal wear and tear, these non-friable materials can become friable.

Federal law recognizes these variations within the classification of non-friable asbestos. There are two categories of non-friable material. One distinguishes material that has become friable for one reason or another (Category I). The other is material that remains non-friable (Category II). Even Category II material may be regulated as friable material. If Category II non-friable material has been cut, scraped, sanded, or disturbed to where it produces dust, or if it is likely to be be disturbed during demolition or renovation, it falls under the friable and Category I materials.

What is Banned?

• In 1972, asbestos was banned from clothing

• In 1973, spraying asbestos-containing materials on buildings to fireproof them was no longer allowed

• In 1977, asbestos was taken out of patching compounds and gas heaters

• As of 1979, hair dryer manufacturers voluntarily recalled products that use asbestos as insulation. They replaced the asbestos with other materials and stopped using asbestos in their new products.

In 1986, the U.S. Environmental Protection Agency proposed a 10-year program that would result in a comprehensive ban on commercial use of asbestos. The ban passed in 1989 and the first phase was implemented in 1990, but the rule was overturned by a federal appeals court in 1991. After another two years of clarification, the EPA found itself with six types of asbestos-containing materials still banned, and all others nominally still on the free market (though most categories were rapidly losing popularity).

These six include:

1. Flooring felt - asbestos paper saturated with asphalt or another material to serve as underlayment for vinyl tiles or sheet flooring

2. "Commercial paper" - used in thin barriers for insulation or muffling

3. "Corrugated paper" - similar to corrugated cardboard, but with asbestos in one or more of the layers of paper

4. "Rollboard" - two sheets of asbestos paper laminated together (using a roller) into a continuous, flexible sheet. Particularly used in office partitions, garage paneling, linings for stoves and electrical boxes, and fireproofing for security boxes, safes, and file storage.

5. "Specialty paper" - for use in filters for beverages and other fluids. Also in cooling towers for liquids from industrial processes and air conditioning systems

6. "New uses of asbestos" - products have not historically contained asbestos at of the start of the regulatory process in 1989

Some other regulations under the Clean Air Act restrict other particular methods of applying asbestos-containing materials.

What are the Categories of Asbestos-Containing Materials?

To qualify as an asbestos-containing material (ACM) under the law, a product must contain more than 1 percent asbestos, either by weight for bulky materials or by area for flat ones. Regulations distinguish between friable ACM (can be reduced to dust by the crushing of hands) and non-friable ACM (cannot be crushed or damaged so easily).

There are two categories within the group of non-friable ACMs. Category I distinguishes material that has become friable because of whether, aging, or force and can release asbestos fibers into the air. Category II is everything else non-friable. Category II ACMs can also come under regulation if they are cut, sanded, or scraped to the point where they produce dust and presumably airborne asbestos fibers. During the course of renovation or demolition, both of these categories become "regulated asbestos-containing materials" (RACM).

What to Look For

It is not easy to identify asbestos-containing materials in use. But it is safe to assume any material of an appropriate age was likely made with asbestos. To really know if a material contains asbestos, it is best to hire a professional to sample the material in question, who then sends collected samples to a laboratory certified by the Environmental Protection Agency for examination. Then an experienced technician uses a polarized microscope to located asbestos fibers.

Go Here to Search For Oahu Real Estate

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Asbestos In The Home-The Whole Story

Tue, 16 Feb 2010 14:39:26 -0600

Where Asbestos Can be Found:

What is the Difference Between Friable and Non-Friable?

What is Banned?

• In 1972, asbestos was banned from clothing

• In 1973, spraying asbestos-containing materials on buildings to fireproof them was no longer allowed

• In 1977, asbestos was taken out of patching compounds and gas heaters

These six include:

1. Flooring felt - asbestos paper saturated with asphalt or another material to serve as underlayment for vinyl tiles or sheet flooring

2. "Commercial paper" - used in thin barriers for insulation or muffling

3. "Corrugated paper" - similar to corrugated cardboard, but with asbestos in one or more of the layers of paper

5. "Specialty paper" - for use in filters for beverages and other fluids. Also in cooling towers for liquids from industrial processes and air conditioning systems

6. "New uses of asbestos" - products have not historically contained asbestos at of the start of the regulatory process in 1989

Some other regulations under the Clean Air Act restrict other particular methods of applying asbestos-containing materials.

What are the Categories of Asbestos-Containing Materials?

What to Look For

Go Here to Search For Oahu Real Estate

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Asbestos In The Home-

Tue, 16 Feb 2010 14:24:50 -0600

As you may know, homes built before 1980 likely have asbestos insulation in them. When homeowners remodel, they may expose themselves to asbestos, which could lead to a fatal cancer known as mesothelioma. There are many environmentally sustainable, healthy and GREEN ways to insulate your home and this is among the topics we like to discuss. We figured it would be a perfect time to educate people on asbestos exposure and related illnesses.

What is Banned?

• In 1972, asbestos was banned from clothing

• In 1973, spraying asbestos-containing materials on buildings to fireproof them was no longer allowed

• In 1977, asbestos was taken out of patching compounds and gas heaters

These six include:

1. Flooring felt - asbestos paper saturated with asphalt or another material to serve as underlayment for vinyl tiles or sheet flooring

2. "Commercial paper" - used in thin barriers for insulation or muffling

3. "Corrugated paper" - similar to corrugated cardboard, but with asbestos in one or more of the layers of paper

5. "Specialty paper" - for use in filters for beverages and other fluids. Also in cooling towers for liquids from industrial processes and air conditioning systems

6. "New uses of asbestos" - products have not historically contained asbestos at of the start of the regulatory process in 1989

Some other regulations under the Clean Air Act restrict other particular methods of applying asbestos-containing materials.

What are the Categories of Asbestos-Containing Materials?

Go Here to Search For Oahu Real Estate

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Asbestos In The Home, Friable vs. Non-Friable

Tue, 16 Feb 2010 14:12:56 -0600

What is the Difference Between Friable and Non-Friable Asbestos? There is a major distinction between friable and non-friable asbestos materials. Asbestos-containing material (flooring, roofing, pipe wrap, insulation, etc.) in the home can be crushed, pulverized, or turned to powder by the pressure of the average human hand are known as friable materials and can release dry asbestos fibers into the air. Non-friable materials are either tough or flexible enough to contain the embedded asbestos fibers, but with age and normal wear and tear, these non-friable materials can become friable.

The rule of thumb here is this. If you have concerns about anything you find in a home, get it tested. If it is Asbestos and you feel that it really can't be kept safely where it is, have it removed before you start your renovations.

Go Here to Search For Oahu Real Estate

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Asbestos in the Home, Where It Be Found

Tue, 16 Feb 2010 13:57:11 -0600

As you may know, homes built before 1980 likely have asbestos insulation in them. When home owners remodel, they may expose themselves to asbestos, which could lead to a fatal cancer known as mesothelioma. There are many environmentally sustainable, healthy and GREEN ways to insulate your home and this is among the topics we like to discuss. We figured it would be a perfect time to educate people on asbestos exposure and related illnesses.

Where Asbestos Can be Found: In the Home

The amount of asbestos that can be found within a home depends on when the home was built or renovated. If the house, or anything in it, was built before the mid-1970s, there is a good chance of finding asbestos-containing materials. However, asbestos was still used in homes though the 1980s and is found in construction products made today. These materials can be found in a variety of places ranging from the roof to the basement.

Go Here to Search For Oahu Real Estate

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

FHA Loans (Just for fun)

Fri, 29 Jan 2010 00:48:46 -0600

I could not resist reposting this from Joey Tamer's Blog!

A New Orleans lawyer sought an FHA loan for a client who lost his house in Hurricane Katrina and wanted to rebuild. He was told the loan would be granted if he could prove satisfactory title to the parcel of property being offered as collateral. The title to the property dated back to 1803, which took the Lawyer three months to track down. After sending the information to the FHA, he received the following reply. (Actual letter):

“Upon review of your letter adjoining your client’s loan application, we note that the request is supported by an Abstract of Title. While we compliment the able manner in which you have prepared and presented the application, we must point out that you have only cleared title to the proposed collateral property back to 1803… Before final approval can be accorded, it will be necessary to clear the title back to its origin.” Annoyed, the lawyer responded as follows (actual letter):

“Your letter regarding title in Case No. 189156 has been received. I note that you wish to have title extended further than the 194 years covered by the present application. I was unaware that any educated person in this country, particularly those working in the property area, would not know that Louisiana was purchased, by the U.S., from France in 1803, the year of origin identified in our application. For the edification of uninformed FHA bureaucrats, the title to the land prior to U.S. ownership was obtained from France, which had acquired it by Right of Conquest from Spain. The land came into the possession of Spain by Right of Discovery made in the year 1492 by a sea captain named Christopher Columbus, who had been granted the privilege of seeking a new route to India by the Spanish monarch, Isabella. The good queen, Isabella, being a pious woman and almost as careful about titles as the FHA, took the precaution of securing the blessing of the Pope before she sold her jewels to finance Columbus’ expedition. Now the Pope, as I’m sure you may know, is the emissary of Jesus Christ, the Son of God, and God, it is commonly accepted, created this world. Therefore, I believe it is safe to presume that God also made that part of the world called Louisiana. God, therefore, would be the owner of origin and His origins date back to before the beginning of time, the world as we know it AND the FHA. I hope you find God’s original claim to be satisfactory. Now, may we have our damn loan?”

He got the loan.

Property Search for Honolulu Hawaii

Get Pre-Qualed for an FHA Loan, or any other type

About Joey Tamer-

Joey Tamer (www.joeytamer.com) is a widely-acclaimed strategic consultant to technology and media CEOs, U.S. and worldwide. Her work helps create wealth for founders and investors of entrepreneurial ventures, and a high return on investment for Fortune 500 in-house ventures. Her capital strategies drive up her clients' valuations and profitability. She has a special expertise in working with emerging and disruptive technologies.

She consults to Fortune 500 companies, capitalized start-ups, and investment funds, often serving as a "shadow CEO" to extend her clients' bandwidth. She advises product and service companies and consultants. Her work optimizes her clients' growth, dealflow and profitability. Her clients have included J.P. Morgan Capital, Sony, IBM, Apple, Hearst, Blockbuster, Technicolor, Harper Collins, Discovery Channel, Time-Warner, Agfa and Scitex, and many early stage ventures such as Earthweb and iSuppli.

Her clients say she is "a brilliant strategist and a practical, down-to-earth, get-it-done person," "invaluable in understanding the competitive landscape and alternative strategies" and that she "cuts right through the noise, giving a clear vision of the future," "protecting us from liability and cutting our costs."

She has consulted since the early days of the PC through to her Web 2.0 and Web 3.0 clients of today. Her clients have been in the business, enterprise and consumer sectors, with companies in technology, hardware and software, media and entertainment, publishing and advertising, distribution, and investment and venture funding. She has worked in the U.S., Europe and China.

A strategist, policymaker, dealmaker, and negotiator, her work includes strategies on entry, exit, capitalization, return on investment, growth, positioning, pricing, distribution, risk-assessment, new market and international expansion, due diligence, and intellectual property.

She speaks and publishes widely. She is currently at work on a new book on the secrets of successful consulting. Her website is www.joeytamer.com and she can be reached at joeytamer.com, or (310) 245-5310.

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Waterfront Oahu Real Estate

Thu, 28 Jan 2010 16:19:07 -0600

Hawaii...Sunsets, Swaying Palm Trees, White Sand Beaches, Warm Waters, The Land of Aloha. Hawaii is all of these things and so much more. Few will ever be able to wake in the mornings to the sounds of the waves on the beach or fall asleep to the sound of waves on an outer reef unless staying at one of our resort hotels on vacation. But for some, the ability to own one of Hawaii's Waterfront Homes is a reality.

The list of available Water Front Homes on Oahu

Some of these homes are grand in stature and some are quaint like a warm beach community should be, the choice is yours.

Oahu Real Estate is our specialty and we have homes in Kailua, Kahala, Makaha, Ewa, Kaneohe, Portlock and the North Shore to show you when you are ready.

Warm Regards-

Mike & Gayle

Oahu Real Estate Information

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Million Dollar Homes in Hawaii

Thu, 28 Jan 2010 16:59:49 -0600

Hawaii is one of the most beautiful places on earth. One can live in a small condominium but never be there because he or she is out enjoying all that Hawaii has to offer, or one may choose to live in one of Oahu's Finest Homes and enjoy all that Hawaii has to offer from the comfort of their own living room or lanai. While the choice is not open to all, it is open to some. Whether you are ready to buy your next Million Dollar Home or are just window shopping, please enjoy these homes that are on the market right now. We are ready to show these home as soon as you are ready to see them.

Oahu Million Dollar Homes the are On The Market.

Oahu Neighborhoods

If you would like to picked up at the Honolulu International Airport to go and see these home, please let us know.

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

HUD Waves Rules on Flipping

Thu, 28 Jan 2010 15:59:29 -0600

In an effort to expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties, HUD has announced a temporary waiver of the 90-day flipping rule. The waiver takes effect February 1, 2010, and lasts for one year, unless otherwise extended or withdrawn by HUD.

www.GreatHawaiianHomes.com

The waiver is limited to those sales that meet the following conditions:

1. All transactions must be arms-length, with no identity of interest between the buyer and seller or any other parties participating in the sales transaction, including:

• Seller must hold title

• LLCs, Corporations and trusts must be established in accordance with state and federal law

• No evidence of previous flipping within 12 months

• Evidence that property was marketed openly, such as via MLS, auction, FSBO

• The waiver is limited to forward mortgages and does not apply to the Home Equity Conversion Mortgage (HECM) for purchase program

2. If the sales price of the property is 20% or more above the seller’s acquisition cost, the waiver will apply only if the lender meets the following conditions:

• Significant work has been done to the home (documented by a second appraisal verifying that legitimate repairs and rehabilitation have been done to substantiate an increase of more than 20%); or,

• In cases where no work has been done, the appraiser must provide explanation to support the increase since the prior transfer; and,

• A property inspection must be provided to the buyer prior to closing. (The lender may charge the borrower for the inspection.) The inspector does not need to be FHA approved, but must have no interest in the property, must not receive compensation other than from the lender and may not be involved with the repairs recommended from inspection.

Homes For Sale on Oahu

The complete text of the waiver — including what the inspection must include — is available on the HUD website at: http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Oahu Real Estate

Mon, 25 Jan 2010 19:29:35 -0600

Living in Hawaii is the greatest gift you can give yourself. I have lived on Oahu since 1979, and moving here just felt natural.Gayle was born on the island.

We intend to live a long, healthy life in Paradise! Purchasing real estate in Hawaii is not only a smart move, but a wonderful life change. Living the island life style as an owner occupant or investing as an off island owner, allows you a connection to Hawaii.Once you have visited the islands, you will know what I’m talking about.

Allow us to help you with your connection to Hawaii. As Realtors with the National Association of Realtors, Hawaii Broad of Realtors and the Honolulu Board of Realtors we have all of the resources to make your transaction smooth. As Top Producing Realtors, we have the High Volume Experience to make your transaction Fun and Enjoyable. We will see that your buying process is streamlined and that you are given great insight on Oahu.

If you are military and looking to change duty stations, then we can show you how to use your VA, BAH and Cola to buy a home in Hawaii. Rates are down and sellers are flexible, it is the perfect time to buy your home in Hawaii.

Visit our Oahu Real Estate Property Search page which will give you the ability to get a feel for the homes and condos on Oahu. You can search by area or by zip codes. Click on the Hawaii Real Estate Online Logo and you're half way here!

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Kailua Condos For Sale

Mon, 25 Jan 2010 18:53:06 -0600

Kailua is one of the most lovely communities on the island of Oahu. It has a laid back, easy going life style and one of the most beautiful beaches in the world. Kailua beach is wonderful for running, long walks, tanning, windsurfing and fishing from the shoreline. It is just over the Pali from downtown Honolulu so it's very central to just about the entire island. There are some wonderful properties available in Kailua and the surrounding areas. To see the Condos for sale in Kailua, click HERE. For other area searches on Oahu click HERE.

Kailua lies on the windward coast of Oahu on the Kailua Bay. It is in the judicial district and the ahupua'a named Ko'olaupoko. It is 12 miles (19 km) northeast of Honolulu - over Nu‘uanu Pali. The population was 36,513 at the 2000 census. In the Hawaiian language Kailua means "two seas," or "two currents," a contraction of the words kai (meaning sea or sea water) and ʻelua (meaning two); it is so named because of the two lagoons in the district or the two currents which run through Kailua Bay.

Kailua is primarily a residential community, with a centralized commercial district along Kailua Road. It has a compact, easy-to-shop business district surrounded by mostly single-family homes. By 1992, 50,000 residents encompassed a central urban core with surrounding residential areas. Places of note in Kailua include Kailua Beach Park, Lanikai Beach, Kawai Nui Marsh, and Marine Corps Base Hawaiʻi.

GreatHawaiianHomes.com has a wealth of information about Real Estate in Hawaii for you.

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Kailua Homes For Sale

Mon, 25 Jan 2010 18:42:10 -0600

In the Hawaiian language Kailua means "two seas," or "two currents," a contraction of the words kai (meaning sea or sea water) and ʻelua (meaning two); it is so named because of the two lagoons in the district or the two currents which run through Kailua Bay.

GreatHawaiianHomes.com also has a wealth of information about Real Estate in Hawaii for you.

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

U.S. Government Gives a Blank Check to Home Buyers

Tue, 05 Jan 2010 13:01:32 -0600

President Obama’s administration made several changes to housing policy over the holidays that will really help current homeowners as well as buyers and sellers for years to come.

The action by the treasury will bring more stability to Hawaii’s real estate market, which is one of the most stable markets in the nation. Their actions will bring more economic confidence to buyers and this combined with low interest rates and lower home prices make it easier to buy homes in Hawaii. There are still programs available to buyers that will give 100% financing eliminating the need for large down payments.

Fannie Mae and Freddy Mac now have the full support of the U.S. Treasury Department as the Treasury has committed the necessary funds with a Blank Check for the next three years. These changes come now as the U.S. Gonvernment now controls the two lenders.

This policy shift will make it possible for hundreds of thousands of homebuyers to get loans through Fannie and Freddy, which write over half of the mortgage loans in the U.S. It also means that these two institutions can borrow money at lower rates, which will be passed along to their customers in the form of lower interest rates on their mortgage loans.

The policy shift of additional Treasury support to Fannie and Freddy will also give the institutions a greater ability to help existing homeowners who need loan modifications and avoid foreclosure. By executing these loan modifications, the institutions will avoid huge losses from financially distressed homeowners that would have no choice other than walking away from their homes.

If you would like more information on these programs, availability of homes or would like to sell your home in this market and need to know its Market Value, please call Gayle at (808) 388-1485 or email at info@GreatHawaiianHomes.com .

Click the house to the left for our Hawaii MLS Search!

Warm Regards-

Mike & Gayle

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online

Oahu Bed and Breakfast

Wed, 23 Sep 2009 01:22:23 -0500

In an action this afternoon by the City Counsel of Honolulu, the moratorium on Bed and Breakfasts for Oahu has been lifted. It was decided in what was called a "Work In Progress" that those Bed & Breakfast operations on Oahu that were in operation on or prior to February 2008 would be eligible to apply for a Bed & Breakfast License to operate legally.

This is great news for those operators that need the income their home businesses produce. Another great feature of todays action is that it specifaclly says that "Neighborhood Vetos" will NOT be allowed. It is thought that because of the budget shortfalls of the City and County of Honolulu, that this is a first step in allowing these wonderful businesses on Oahu and that as the bill evolves, Bed & Breakfasts licenses will be allowed for anyone that would like to apply for one.

There are some neighborhoods on Oahu that have been Bed & Breakfast favorites, like Kailua with its white sandy beach and on the North Shore of Oahu. Investors that would like the income of a Bed & Breakfast business on Oahu should act quickly before investor purchases drive up Hawaii Real Estate prices.

To do a search for homes that might be a perfect fit for you and a Bed and Breakfast operation, simply click on the photo of Mike & Gayle and we wish you Happy House Hunting. If you would like more information about today's action by the Honolulu City Counsel or on Hawaii Real Estate, please call us anytime.

Warm Regards-

Mike & Gayle

Gayle Fujita Ramsey, RA 808*388*1485 Hawaii Realty Group

Mike Ramsey Fujita, RA 808*630*1828 Hawaii Realty Group

Mike Ramsey Fujita (RA)

(808) 630-1828

Mike@GreatHawaiianHomes.com

Gayle Fujita Ramsey (RA)

(808) 388-1485

gfujita@hawaii.rr.com

Hawaii Real Estate Online