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.

Land In Hawaii

Fern Acres, on the Big Island of Hawaii

Come build your dream home in Hawaii, or invest in your future!Great elevation for growing.Never scrape ice from your windshield ever again!Go for a hike in the national park, or go for a short drive down to the coast for a day at the beach!There are coffee shops, galleries, wine tasting, golf, excellent Thai food, a Farmer's Market, and much more near by. For more information on affordable land starting at $6,000 in Fern Acres, Hawaiian Paradise Park, Nanawale Estates, and much more, call Sunny (Riley) Petropoullakis RS
(808)959-1117
hawaiilandrealtyco@yahoo.com

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

3 ACRES for $33,000

This is when you break out in song, and do a little dance! Your dreams can come true!
Three acres in Orchid Land Estates for only $33,000.00!! This is the best price in Orchid Land Estates.
This three acre property is only a short 30 min drive to Hilo, and you can drive on paved roads till you get to Napua St. It is only 6 poles in, on a good graded road.
Live the relaxed,healthy, stress free lifestyle you always wanted.Taxes and fees are still low here. No more cold weather, or snow to shovel.
This is the best time to buy, so you can invest in YOUR future!

Look now before the bargains disappear

"Some rental markets are attractive, but if you want to buy a home in the next 18 months, start looking now before bargains disappear"-Forbes

$800,000 price reduction! This is the best deal on the Kohala Coast so don't let this one pass you by. Priced below cost! Best priced new construction in all of Mauna Lani. It would be impossible to build a home of this quality for this great value. Brand new almost 4000 sq ft single level, Polynesian style resort home in the prestigious neighborhood of Champion Ridge. 4 Bedrooms, 5 full baths, 2 half baths all with exquisite quality surround your private pool, spa, and barbecue area with 2 waterfalls for a peaceful environment. A possible 5th bedroom is currently furnished as an office/sitting room. Enjoy the fantastic Mauna Kea mountain views, the Hawaiian sunrise, and the ocean view from your private viewing deck. Two spacious master suites with outdoor shower gardens, two additional guest houses, and a private media room/office with upper viewing area all situated in an open air Hawaiian pavilion setting with tropical landscaping. Champion Ridge is a gated community within the Mauna Lani resort. You'll have access to the owner's beach and restaurant, options to belong to the fitness/tennis center.$2,380,000
Contact Sunny Petropoullakis RA for more details, or for a tour.
Hawaii Land Realty Corp.
57 E. Kawailani St.
Hilo,Hawaii 96720
office(808)959-1117
fax(808)959-6894
cell(808)990-2593

Let me tell you how to get the $8,000.00 rebate

Bringing the Dream of Homeownership Within Reach

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time home buyers.

Here is some information about how the 2009 First-Time Home Buyer Tax Credit can help prospective home buyers become part of the American dream.
Who Qualifies?

First-time home buyers who purchase homes between January 1, 2009 and December 1, 2009.

To qualify as a “first-time home buyer” the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase.
Which Properties Are Eligible?

The 2009 First-Time Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.
How Much Will the Credit Be?

The maximum allowable credit for home buyers is $8,000. Each home buyer’s tax credit is determined by two factors:

The price of the home—the credit is equal to 10% of the purchase price of the home, up to $8,000.

The buyer's income—single buyers with incomes up to $75,000 and married couples with incomes up to $150,000—may receive the maximum tax credit.
If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?

Yes, some buyers may still be eligible for the credit.

The credit decreases for buyers who earn between $75,000 and $95,000 for single buyers and between $150,000 and $170,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income—over $95,000 for singles and over $170,000 for couples are not eligible for the credit.
Will the Tax Credit Need to Be Repaid?

No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during the three-year period, the credit will be recouped on the sale.

Land in Hawaii

Own your own land in Hawaii!Invest in your future, or build your dream home!
$62,000 MLS# 222636 Land 39th Ave Orchid Land Estates
$60,000 MLS# 221518 Land 15-1808 4th Ave Hawaiian Paradise Park
$49,500 MLS# 221309 Land 37th Ave Orchid Land Estates
$63,500 MLS# 221051 Land 16-1926 37th Ave Orchid Land Estates
$83,000 MLS# 220749 Land 15-1978 7th Ave Hawaiian Paradise Park
$14,000 MLS# 220421 Land Pikake Rd Nanawale Estates
$14,000 MLS# 220415 Land Pikake Rd Nanawale Estates
$53,000 MLS# 220124 Land 20th Ave Hawaiian Paradise Park
$53,000 MLS# 220121 Land 20th Ave Hawaiian Paradise Park
Ask me about owner financing! $6,000 down, and $470.00 per month, at 8% interest.

Sunny Petropoullakis RA
Hawaii Land Realty Corp.
57 E. Kawailani St.
Hilo, Hawaii 96720
office:(808)959-1117
fax:(808)959-6894


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

SIX ACRES FOR $30,000.00 on the Big Island of Hawaii!!

Enjoy lush green forest with Ohia and Tree Fern in Fern Forest Estates.
SOLD!!!Let me know if you would like me to find you another deal like this!
Own your own SIX ACRE ESTATE FOR $30,000.00 cash!!!!
Offered here, are two 3 acre sidexside lots for $15,000.00 each. Property in this area is listed at $35,000.00 for ONE 3 acre lot.

The climate is like eternal spring. Great potential for agriculture. Plant Coffee trees! Grow tomatoes, Goto Kola, bananas, asparagus, watercress, spinach, and many other plants and herbs that grow well at this 2300' elevation.

Build a romantic cabin in the forest, or your self sufficient dream home. Has road access,electric,phone,catchment water,and Dish Network Satellite may also be available.
Go for a short drive, and you can relax in the warm sun on a beach, or go fishing and hunting year round! The property is close to hiking trails, shops, restaurants, and golfing. The village just 10 min. away, has a farmers market, local art, and the best Thai food on the island.

Call Sunny Petropoullakis RA today! This will only be available for a short time.
Hawaii Land Realty Corp.
57 E. Kawailani St.
Hilo, Hawaii 96749
(808)959-1117 office
(808)990-2593 cell
(808)959-6894 fax

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

You can live in Hawaii for only $70,000 in an eco dome!

This is a disaster resistant, hurricane and earthquake resistant dome like, clay house covered with waterproofing, and stucco. Built from local earth-filled Super Adobe coils of finely ground cinder, blue rock and cement, meant to last for many generations. It is tree free. The main dome and four niches function as the bedroom, bathroom, shower and closet. This dome is is approx. 324 sqft.

Designed by world renowned, now deceased, California architect, Nader Khalili. He designed these structures to be in harmony with nature. It was introduced at NASA's symposium in '84 on how to build on the moon and Mars.

The house is cooled by a wind scoop oriented to the trade winds for maximum efficiency. The finished dome structure will have concrete floors which can be kept as is or tiled. The walls are 16 to 18" thick.

The owner is intent on providing affordable housing while preventing global warming.


The owner used a milk and lime base for painting the inside, in order to avoid using any toxic paint.
For $70,000.00 you can get out of the cold, and live in Hawaii in a eco-friendly and completely non-toxic home.
Call Sunny Petropoullakis RA (808)959-1117, or toll free (1-800-385-2884 ) for more information!

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

Living in Paradise

Did you ever want to live in the jungle, where the bananas are free?

Call or write us for photos of a variety of low down payment, easy terms properties, where the sun does shine, through the the misty morning.

Bring your horse !

Bring hunting and tree hugging apparel !

And your cute little dog,

and your Harley hog, a few old photos, your grandfathers watch, and a bus load of faith.
For more info, call Bob Riley R (808)959-1117
jairus@interpac.net