Happy Hawaii!!

Photo By Sunshine Riley

Click HERE to read about the happiest states in America. Hawaii is number one!!

107 year old wisdom

Waimea, Big Island,Hawaii

107 year old wisdom says,"It's bad now, but it will come back," ... "And people who buy now, they'll make a lot of money," click HERE to read an excellent article about lifelong investing.

Forclosed home, but a beauty! Custom, redwood/cedar diamond of a home!

This 3 bedroom, 2 bath home has many custom details. It has quality construction, it is a redwood/cedar home, with high end roofing. It needs some TLC, and the kitchen needs to be finished. Fannie Mae will provide a renovation loan. This property sits on one acre of land in Hawaiian Paradise Park. Only $179,900.00. Contact me ASAP as this one will not be available long!
Sunny Petropoullakis RS
Hawaii Land Realty Corp.
57 E. Kawailani St.
Hilo, Hawaii 96720
office:(808)959-1117
fax:(808)959-6894

WOW!! Big Fannie Mae rebate!!

Fannie Mae announced last week that people purchasing a Fannie Mae-owned HomePath® property will receive up to 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of appliances. The offer is available to any owner-occupant who closes on the purchase of a property listed on HomePath.com before May 1, 2010.

“Homebuyers have the option to choose between financial assistance toward closing costs or new appliances for their home.”, said Terry Edwards, Executive Vice President of Credit Portfolio Management

Properties eligible for this incentive are listed on HomePath.com and most listings include detailed property descriptions, photographs, community and school information and more. In addition, many Fannie Mae-owned properties are eligible for special HomePath Mortgage and HomePath Renovation Mortgage financing which offers homebuyers an opportunity to purchase with as little as 3 percent down.

Let me know if you would like an appointment to look inside any of these Fannie Mae homes!! Contact me!
Sunny Petropoullakis RS
Hawaii Land Realty Corp.
57 E. Kawailani St.
Hilo, Hawaii 96720
office:(808)959-1117
fax:(808)959-6894

Happy New Year!!!

Happy New Year!!! Prices are holding in the Hilo area. Puna is steady, but may go down a point or two this year,but possibly level off, and rise in the next 6 months? Silicon Valley went up a point at the end of the year, so there should be a leveling off of prices in the near future for all of Hawaii, and a possible rise in prices by a point or two this year. Now is the time to buy.
Here are my listings:
$26,000 Fern Acres Lot #:7875 2.00 ac land
$45,000 Fern Acres Lot #:8168 2.00 ac land
$13,000 Black Sand Beach Lot #:317 7,750 sqft land
$13,000 Black Sand Beach Lot #:613 7,750 sqft land
$14,000 Black Sand Beach Lot #:232 7,750 sqft land
$21,500 Nohea St 1.00 ac land
$28,000 Kupono St 1.00 ac land
$8,000 Puna Rd 8,048 sqft land
$14,000 Pikake Rd 8,040 sqft land
$14,000 Pikake Rd 8,040 sqft land
$60,000 15-1808 4th Ave 1.00 ac land
$69,500 22nd Ave 1.00 ac land
$83,000 15-1978 7th Ave 1.00 ac land
$15,000 Bamboo Dr 10,500 sqft land
$22,000 Sugarcane Ln 12,000 sqft land
$25,000 Aloha Dr 12,000 sqft land
$50,000 16-1926 37th Ave 2.00 ac land
$62,000 39th Ave 3.00 ac land
$9,000 Hawaii St 8,100 sqft land
$11,000 Hove Lot #:24 1.00 ac land
$160,000 Hawaiian Paradise Park 2bed/1 bath home on one acre
Please let me know if you are interested in moving to or investing in Hawaii. There are great investments to be found, and I can find them for you. Let's make an offer!!
Sunny Petropoullakis RS
Hawaii Land Realty Corp.
57 E. Kawailani St.
Hilo, Hawaii 96720
office:(808)959-1117
fax:(808)959-6894

"Do not part with your dreams or aspirations for when they are gone you will still exist, but you have ceased to live." - Henry David Thoreau

"The greatest fine art of the future will be the making of a comfortable living from a small piece of land." - Lincoln

Forbes Magazine says buy now!

Oceanfront in Hawaiian Paradise Park

3 1/2 years young PRIME OCEANFRONT home, a 3 bedroom 3 1/2 bath, two story GEM.

2500+ square feet of living area plus 500+ square feet of covered lanais on both levels. Lovely carved Ohia posts add flair on the lanais. The ocean view stretches 180 degrees up and down the coastline.

Built for the oceanfront setting with 12 inch ceramic tiles throughout, trex decking and vinyl siding. Ceiling fans in every room.

Beautifully landscaped .61 acre lot with rock walls for privacy from the street and a coconut palm lined driveway. Seller has planted a fruit and flower garden protected from the ocean, now producing mangoes, tomatoes, pineapple, and orchids of course.

Open kitchen, living, dining area with cathedral ceiling, all with magnificent ocean views. Lovely blue hanging pendant lights in the kitchen.

Upper and lower master suites open to the ocean view lanais. Passive cooling system draws cool air from under the post and pier construction through vents in the ground floor, up to the second floor and out through louvers in the cathedral ceiling. Excellent air flow throughout the house.

Bonus recreation/game room is attached to the full 2 car garage. 576 square feet and fully permitted from earlier construction. Lots of potential there.$599,000 is the best price for ocean front in the State of Hawaii!!
Call Sunny Petropoullakis RS
(808)959-1117
(808)990-2593

Why I live in Hawaii

Mauna Kea Beach 2009

Here are my children with their friends kayaking at one of the best beaches in Hawaii.

Beautiful Business!What are investors doing now?

Diversify,diversify,diversify! Warren Buffet and Bill Gates are buying businesses and stocks. fight inflation, and purchase something tangible! Businesses, real estate, gold,antiques,art,diamonds these are all tangible. Real estate, and art prices are low right now. Some real estate advisers are saying many of the REOs and short sales may disappear this year, and then prices may go up a little again. The 8,000 dollar tax break on new home purchases is only for this year. Then who knows?

The featured listing today is not a short sale or a REO.

This business has producing Lychee, Longan and Rambutan trees, plus a large warehouse, office, and worker living quarters.
Longan, also known as "Dragon eye" are considered a prime fruit, with huge demand by consumers.(a farmer friend of mine calls Longan trees "money trees") These fruit trees are growing in deep silty clay loam soil, close to the ocean, an ideal site for these crops in beautiful Hakalau.
14.43 acres of thriving, exotic tropical fruit, sounds like a good investment to me!
For more information on this, and the adjoining 13.30,property(also planted with fruit trees) for sale, or for information on REOs and Short Sales in Hawaii, please call:
Sunny Petropoullakis RA (808)959-1117 or email:
sunnypetropoullakis@gmail.com

Foreclosures

This newer ONE ACRE 3 bedroom 2 bath home, is located in Hawaiian Paradise Park, and was built in 2005. This gem has vaulted ceilings, and a great floor plan.ONLY $190,000.00! Sunny can find you REOs starting at $74,900!Call Sunny if you would like to know about foreclosed homes in Hawaii.
(808)959-1117

Where do you put the money? How can you protect your assets?

Fidelity Investor editor, Jim Lowell, and Terry Coxton of Casey Research talk investment strategies on Fox News today. "Take a big chunk of cash and go for something tangible" says Coxton. He mentions gold, but another "tangible" investment is real estate. The age old strategy has always been buy low and sell high, so now is an excellent time to take some of that cash and invest it in low priced, ocean front land in Hawaii. Diversify, don't just go for the gold, buy some acreage as well. For more information on purchasing property in Hawaii, contact Sunny Petropoullakis RA (808)959-1117 sunnypetro@yahoo.com
Photo by Byron Dee Photography

Why I live in Hawaii

This photo was taken in the Hawaiian Paradise Park Subdivision. 1 acre lots are for sale starting at $36,000.00 if you are interested in buying your own acre in paradise,
contact me, Sunny Petropoullakis at (808)959-1117, sunnypetro@yahoo.com
Some ocean front and ocean views are available.

Why I live in Hawaii

This lovely spot is located in the Hawaiian Paradise Park Subdivision. For information regarding purchasing property on the Big Island contact: Sunny Petropoullakis (808)959-1117 sunnypetro@yahoo.com

Should I buy?

That is probably the most frequent question I get asked these days. "Should I buy, Andreas?" Without a doubt, I say do it! Do it because:
Interest rates are way low and there is talk that the Feds won't be dropping them again any time this year. In some cases we're already at 3% - 4%, after that its free money, and that just wont happen.
Prices are at a 3 year low! With the last boom a pleasant distant memory, prices of homes in some locations are almost back to where they were before the boom. In a lot of subdivisions, vacant land prices have dropped by as much as 50% - 60%.
Hawaii represents something different to everyone, a place to retire, a place to raise family, paradise... Compared to the mainland, although we have seen significant price drops, Hawaii has faired a lot better. Prices have been holding steady as Hawaii, to some degree, is isolated from certain attributes that were involved in causing the slump on the mainland.
So basically, my answer is: Buy. Plain and simple.
By Andreas