Tiki Festival Near Long Beach Homes Celebrates Aloha Friday All Weekend

Aloha at the Tiki Festival By Long Beach homesNormally I highlight a sampling of events for you to enjoy near Long Beach homes each Aloha Friday. However this weekend highlights a very special festival – the 13th Annual Tiki Beach Festival at Granada Beach – and it’s so much fun it deserves it’s own post!

Starting at sunrise on Saturday and lasting well until the night (9:30 p.m.) locals turn out for this free and exciting community event. Bring the entire family for a day (or two) of Aloha fun near Long Beach homes on both Saturday and Sunday. Sunday’s event concludes at 5:30 p.m. Get your fill of island music and dancing, costumes and Polynesian culture, tiki carving, and canoe rides! There will be a special kids fun zone, too, as well as an island market place and plenty to eat from Hawaiian shaved ice to specialty drinks and SPAM in the Aloha Food Court.

If you, like me, love Hawaii and are happy to welcome such a festival once again to the Mainland, you’ll have a blast watching (and trying to copy) the dancers. If you live in Long Beach, but are considering a Hawaii home, we should talk. I can help you find the home loan to finance your dream of life in the islands. Be sure to read my Hawaii home posts to get familiar with the programs and tips on buying in Hawaii. Aloha!


Living in Hawaii – Ready to Move?

Living in Hawaii - buy a Hawaii HomeDid you move into your Long Beach home hoping to enjoy a peaceful beach community – would you rather be living in Hawaii? Perhaps it’s Southern California’s infamously bad traffic or maybe it’s just my Aloha Friday posts that have you longing for Hawaii. Maybe you’re thinking it would be nice to have a home in Hawaii, the perfect place to rest your head after an exciting Aloha Friday. I find that most people think that a home in Hawaii will always be just a dream, never a reality. However, that doesn’t have to be true!

Here’s a nice little piece of reality! The state of Hawaii actually has a number of Hawaii home buying programs aimed at low to medium income home buyers, especially for first time buyers. Income-eligible, first-time homebuyers can take advantage of the Hula Mae Mortgage Loan Program, a Hawaii buying program of the Hawaii Housing & Development Corporation. The program offers 30-year mortgage loans with interest rates starting at 2.95% and 30-year mortgage loans with down payment assistance and interest rates starting at 3.45%. To see eligibility rules, contact me directly or click here.

Whether you need assistance from a Hawaii buying program or not, a little education about the process of buying a home in Hawaii will be helpful. So, call me to discuss how we can make your dream of living in Hawaii come true. We will explore many options, including Hawaii buying programs and find a way to get you there!

Can You See Yourself in A Hawaii Home?

Hawaii home to beautiful flowersA Hawaii home is the perfect place to rest after a delightful Aloha Friday! At House You Can Afford, we want to help you find your perfect Hawaii home and that takes some thought. Once you’ve decided to take the leap and buy a home in Hawaii, you need to consider how large a house you need and where you’d like to live.

Especially if you’ve never lived in Hawaii, you should seriously consider hiring an agent who knows the area well. A knowledgable real estate agent can help you determine which neighborhoods will best suit your needs. He or she can also help you determine which neighborhoods have homes with good resale value. This is probably most important if you are buying your Hawaii home as an investment property, but it’s worth thinking about even if you plan to live there full-time. A Hawaii home in a neighborhood with high resale values tends to be close to good schools and jobs, have a low crime rate, and have neighbors who take care of their Hawaii homes.

Imagine the life you’d like to lead in your Hawaii home. What’s most important to you? Maybe it’s proximity to a job, good schools, or the beach. Is there a minimum number of bedrooms you need? You might see yourself in a big, beautiful yard, enjoying a big group of family and friends. Once you determine the aspects of your Hawaii home you can’t live without, you can really narrow your search. Be sure to share your list with us so we can help you find the Hawaii home of your dreams.

At House You Can Afford, we’ve assisted many people in finding the right Long Beach home for their needs. The process of determining the right Hawaii home is really quite similar, and we’d be happy to chat with you and help you think through your wants and needs to find your ideal Hawaii home!

Inspecting Your Home in Hawaii – A Critical Step

Surfing near your home in HawaiiAt House You Can Afford, we want to help you realize your dream of owning a home in Hawaii! If you want to live in the land of the Aloha Spirit, you’ve come to the right place to learn the basics of buying a home in Hawaii.

When you think you’ve found the perfect home, we urge you to hire a professional home inspector and a termite inspector to do a Hawaii home inspection. This is absolutely vital, especially in tropical climates! Your professional inspector will submit a report after the Hawaii home inspection, which will give you information on many important components of the home you’re considering. Of particular interest are the air-conditioner, plumbing and electrical systems, the state of the roof, attic, and visible insulation, walls, ceilings, floors, windows, and doors, and the foundation. You can also ask that the appliances and basic structural components be inspected, as well.

The Hawaii home inspection is an aspect of buying a home where you don’t want to skimp. Be sure your hire a professional who belongs to the American Society of Home Inspectors (ASHI). Visit ASHI’s website (http://www.homeinspector.org/) to find licensed home inspectors located near the home you’re considering.

If your Hawaii home inspection indicated you have a wonderful potential home, you’ll be well on your way to fulfilling your dream of living in Hawaii!

Hawaii Investment Properties Are Within Reach

Call us for Hawaii Investment PropertiesAt House You Can Afford, we love Hawaii investment properties and homes along with the Aloha spirit! If you already own a Long Beach home and you’ve been thinking of buying one or more Hawaii investment properties, you’ve come to the right place. Here are a few things to think about as you hunt for Hawaii homes.

The most important thing to remember as you consider a Hawaii investment property is that you need to think like an investor, which is a little different than owning the property as your own residence. The location of the home and its layout and proximity to schools and jobs is still important, but you should add a few things to your checklist.

You also want a single-family home less than 25 years old with a neighborhood that is made up primarily of homeowners, rather than renters. The house should ideally be at least 1500 square feet and have three bedrooms and 2 bathrooms with parking for two cars. The yard should be nice without a pool, as they are too big a liability, in a neighborhood considered safe and free from graffiti.

Most importantly, especially as you evaluate the profitability of an investment property is the recognizing the Gross Rent Multiplier. The Gross Rent Multiplier (GRM) is the ratio of the price of the real estate investment to its annual rental income, before other expenses like property taxes and insurance. The GRM is the number of years it will take for the property to pay for itself. A GRM over 23 is probably a poor investment, while a GRM of 15 is much better.

Keep these tips in mind as you evaluate Hawaii investment properties, so you can attract a high-quality renter and receive a good return on your investment! Don’t be tempted by the low initial investment of a timeshare. They are very hard to sell, so you won’t see much of a return on the money you invested. A home in Hawaii is a much better choice for your Hawaii investment properties.

Owning a Hawaii Home – Dream or Reality?

Hawaii home buying at house you can affordI know I’m not the only one who dreams of living in Paradise and owning a Hawaii home, though I may be a little more vocal about it! Do you long to live in a place where the graceful Aloha spirit is alive and well, too?

At House You Can Afford, we’re dedicated to helping your realize the home of your dreams, whether you seek a Long Beach home or a Hawaii home. Coastal living and gorgeous sunsets are well appreciated by us!

Because of that, we will be doing a series of posts about owning a home in Hawaii. If you’ve moved beyond just dreaming, and are ready to think seriously about a Hawaii home, there are some important decisions to make before you start your house hunting and we want to be at your side as you make them.

First you must decide if you’d rather rent or buy. Renting can seem easier, since you wouldn’t be responsible for repairs or upkeep, but buying a home in Hawaii has many financial advantages. Owning a home means that your initial investment has the potential for appreciating in value. Over the last 40 years, the average increase in value on homes in Hawaii is 3%. This is a good return over time. Owning a second home in Hawaii can also mean tax savings, since both the mortgage interest and property taxes are tax-deductible. Best of all, when you own a home, you can make changes and upgrades to the property that suit your needs and tastes and control when you visit and who comes with you!

If you’d like to talk seriously about owning a second home or more specifically a Hawaii home, contact Ric Dizon at House You Can Afford. Ric will walk you through the Hawaii financing process, find you a right realtor, and have you beachside in no time!