The recreational lagoon in Ewa Beach is planned to be completed by 2015 and will feature many activities.
Plans to convert its 54-acre Ocean Pointe/Hoakalei marina site between White Plains Beach and Oneula Beach Park into a recreational lagoon with no surface connection to the ocean.
Tesha Malama, a 41-year Ewa Beach resident, said some boaters will be disappointed along with fishers who looked forward to slips and a public boat launch ramp that were planned along with the marina, but that the conversion to a lagoon is beneficial to the broader community.
“Intention to provide extensive public access to its lagoon, promenade, cultural and archaeological sites and to integrate its shoreline reaches with a continuum of beachfront park and recreational opportunity stretching from Oneula Beach Park in Ewa Beach to White Sands Beach in Kalaeloa is uniquely an attempt to privately produce a public good, for the benefit of the community and for the enhancement of the resort’s commercial and activity-oriented businesses,” Brewbaker wrote in the report.
The lagoon’s brackish water circulates naturally through porous rock below but would be enhanced by pumping ground water into the lagoon from a new well to refresh the lagoon four times a day, Saito Tam said.
Read the full article online at Star Advertisement
Act 48: The New Foreclosure Law
This year the Hawaii legislature passed a bill making significant changes in Hawaii's foreclosure law. Act 48 became law on May 5, 2011 when it was promptly signed by the Governor upon presentation to him. Act 48 results in major changes in the process by which real property foreclosure occur in this state and significantly affect financial institutions, Homeowner Associations and the general public. The legislature's intention in enacting the law was to increase the legal rights of consumers. The purpose of the amendment was to provide consumers, lenders and Associations with better access to information by mandating the involvement of Hawaii-based counsel in all non-judicial foreclosures. In other words, any lender or condominium association wishing to conduct a non-judicial foreclosure must follow Part II until July 1, 2012. Plus, the changes made to Part II will make it so cumbersome for the foreclosing lenders that the choice is simple. The benefits in time and cost of pursuing a non-judicial foreclosure were eliminated by Act 48, and it’s risky to boot for the lender.
Late 2010, the Legislature passed a law creating a Mortgage Foreclosure Task Force and required that one of the members serving on the Task Force be from the Collection Law Section. Bottom line, the main focus was to provide homeowners who did not have an interest in additional real property with certain right which did not apple to those who were buying real property for investment purposes.
According to Pacific Business News (PBN) article ‘Act 48: The New Foreclosure Law’, Steven Guttman (Chair of HSBA Collection Law Section) states,
“Based upon changes stemming from Act 48, many are predicting that lender will stop using the non-judicial process and proceed instead through the Court System. This is not only the only potential repercussion: with lenders using the judicial process, it is logical to acme that the Bankruptcy Court will see an increase in case filings. The reason is the increase in the likelihood of a lender choosing to exercise its right to deficiency judgments. ”
------------------------------------------------------------------------------------------------------------------------------------------------
Did you know as a first time homebuyer, you may be eligible for a 20% federal tax credit?
This tax credit could amount to hundreds to thousands of dollars savings per year! *To learn more about eligibility, Call our Team Hawaii professional mortgage experts from Guild Mortgage Company
Call Rose, Tess or Tj!
Rose Kirland NMLS #379226 at 808-276-5093
Tess Pahayahay NMLS #292028 at 808-225-3214
Tristan “TJ” Castro NMLS #333880 at 808-429-7270
Visit us at: www.guildmortgage.net/rosekirland
**Restrictions may apply**
The most recent news of Pentagon's Foundation had an "Dream Makers" article about first-time military buyers and an available grant they can apply for up to $5,000 towards down payment and closing costs. For those whom are eligible, such as; Active duty personnel, military retirees, veterans, and U.S. Department of Defense and Department of Homeland Security.
In an effort to help the dream of home-ownership come true, please share this with anyone you know who may be eligible.
In addition, here are all the details below from the PentagonFoundation site!
The Dream Makers Program offers grants for down payments to first-time homebuyers of modest means who valiantly work to protect our country’s national security.
You don't have to be a Pentagon Federal Credit Union member to benefit from Dream Makers, and you can apply the grant to a mortgage from any financial institution.
You're eligible for a Dream Makers grant if:
Click here to determine your community's median income based on family size.
 |
Decide the amount of money you will contribute to your mortgage financing.
|
 |
Fill out Dream Makers application. The fastest way to complete it is online. You may apply when you start to think about purchasing a home: you don't have to select a home and/or a mortgage company before you submit your application. To fax or email, download this form. |
 |
We will respond to your application with instructions on the process. When you select your mortgage company, you will share the contact information with the Foundation who will coordinate the grant paperwork process with your lender. |
 |
Attend a home-buying educational seminar in your area. See upcoming seminars and locations |
Whether past or present clients, we still keep the relationship going! Check out the video!
RE/MAX ranks highest in Customer Satisfaction in 2011 J.D. Power and Associates Study
RE/MAX has provided the highest overall consumer satisfaction for both home buyers and home sellers. "It all comes down to professionalism and a commitment to a premier level of customer service", said RE/MAX Chairman and Co-Founder Dave Linder. For the home buying experience, three factors were considered: Agent/Salesperson, office and variety of additional services. Four factors were examined for the home-selling experience: agent/salesperson, marketing, office, and a variety of additional services.
The success of RE/MAX agent is the results of its comprehensive educational platform, RE/MAX University, which offers over1,100 educational programs on-demand, and available online, on television, on smart phones and in classrooms around the world.
 |
|
|
Military Relocation, Short Sales, Distressed Properties, First Time buyers, Investment, Vacant Land, New Construction, Single family, Condo, Townhomes, Buyers & Sellers, REO, Honolulu County
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
