Kapolei Today

Premium Kai Lani 3 bedroom Furnished Ocean Front Long Term Rental

Sun, 11 Oct 2009 22:35:00 GMT

Rarely available fully furnished 3 bedroom Ocean Front ground floor unit in Kai Lani available for rent as a long term rental. This property will be available for a minimum 1 year lease to a qualified candidate for the monthly rent of $3,300 per month plus GET (4.5%). This property will be available on November 15th and is currently vacant and easy to show. Take a look at the pictures and if you have any questions, click here to Contact Michael or give me a call at (808) 225-3660.                                 Here is a picture from what could be your own Lanai as you watch the sunset.                                 All you need to do when you move in is hang your clothes in the closet. The living area is furnished with plenty of room to accommodate your needs and is of the highest quality.                                 The open floor plan allows for ample room for a dining area, living area and the kitchen is placed to allow a full ocean view as you prepare your meals or just enjoy the breakfast bar.                                    The lovely kitchen is fully functional and comes complete with all of your glass ware and cook ware and includes a Bosch dishwasher                                You'll love the views from the master bedroom suite!                                       The master suite includes a King Sized bed, dressers, nightstands and TV                            The master suite includes a large walkin closet, granite double vanity and upgraded tile package with separate tub and glass shower. Here are a few pictures of the master bath.                                                                 The second full bath also includes tile and granite finish and is also the home of the furnished extra capacity washer and dryer.                                 The remaining 2 bedrooms are also fully furnished with beds, dressers and linens.                                                            For some views of the exterior of the unit, views from the unit and some common area of Kai Lani, scroll down                      &nbs[...]

Available Properties For Sale and Lease In Kai Lani at Ko Olina Resort and Marina

Fri, 09 Oct 2009 18:16:00 GMT

                 I thought I would create this page for people to go to who are interested exclusively in Kai Lani at the Ko Olina Resort and Marina. Below you will find links to information on various properties for sale and/or rent and as they come and go, I will update this page. Mahalo for your interest and let me know if you see something you would be interested in looking at. If you currently own property and would be interested in having your property managed or marketed for sale I would love to let you know how I might be able to assist you. Premium Ocean View 3 bedroom unit fully furnished for sale at $999,000. Full Details:  Currently off market.                                                                   92-1001 Aliinui Drive Unit 18DPartial Ocean View 2 bedroom unit fully furnished for sale at $629,900. Full Details:                                                                    92-1001 Aliinui Dr # 28CPartial Ocean View 3 bedroom unit available for sale at $639,000 or for long term lease for $2,700 / month plus GET. Full Details: Currently Leased                                                                92-1001 Aliinui Drive Unit 29BI also have a 3 bedroom fully furnished unit available for a long term lease at $3,300 per month plus GET that has a premium ocean view. This unit is available on starting November 15th. Full Details:                                                                   92-1001 Aliinui Drive # 2B Be sure to check back as the list changes frequently and I look forward to hearing from you! It's hard to find a nicer place to live than Kai Lani. Below is the picture of the secluded beach that is just steps away from any of these units. With the exception of The Beach Villas at Ko Olina, Kai Lani is the only neighborhood in the Ko Olina Resort and Marina that has unobstructed views of the ocean and some of the most beautiful sunsets on the planet. If you have additional questions about Kai Lani, I'd love to hear from you!        Aloha! Michael Hege' RA Kapolei Realty, Inc(808) 225-3660www.HomesOahuHawaii.comwww.KapoleiToday.com[...]

3 Bedroom With Ocean Views at Kai Lani For Sale or Lease in Ko Olina

Thu, 08 Oct 2009 07:41:00 GMT

         3 Bedroom Ground Floor Kai Lani With Ocean View                          Available For Sale or 1 Year Lease Located within Ko Olina Resort and Marina, Kai Lani is one of the 5 residential neighborhoods within the Resort and is my favorite of all of them. Kai Lani is a low density development and nearly all of the units have varying degrees of Ocean Views and this unit is no exception. In addition to the closest proximity to the ocean of all the neighborhoods except the actual Beach Villas, Kai Lani is where you will wake up in the morning and know you are in Hawaii! This unit is currently leased through the end of October but is available for limited showings during the Month of October.                             Available for purchase at $639,000 or a minimum 1 year lease for $2,700 per month plus GET, it provides a great opportunity for you to live in Kai Lani. Furnished with Stainless Steel appliances and washer & dryer this 3 bedroom and 2 bath main floor townhouse will be available on November 1st. Kai Lani was just approved for VA financing so if you have VA eligibility, give me a  call and find out how you can buy this home with 100% financing!                                               Stainless Steel appliances and Granite Counters                               The open floor plan has plenty of room to enjoy the space and views                         Wake up in the master suite with a view of the ocean and enjoy the convenience     of your large walkin closet, granite double vanity and seperate shower and tub                                     Enjoy the Sunsets every evening from your covered LanaiLocated on approximately 11 acres with 30 buildings situated for maximum serenity and greenspace, Kai Lani is a peaceful retreat. As a gated community, you'll enjoy a feeling of security and with the impeccably landscaped grounds, everyday you wake, you'll take both pride and pleasure in your home. You can walk along paths through the Ko Olina resort to the restaurants and lagoons or if you want a little quiet time, you can go to the little beach in front of Kai Lani for some snorkeling or just to have some quiet time. When sunset comes, this is a favorite spot of mine.             As an owner at Kai Lani, you'll be able to enjoy the pool in the neighborhood as well as many of the amenities in the resort like the fitness center and tennis courts which are all included benefits from your Home Owner Association. Here are some pictures of those added features:                                                  Pool and Spa with Bar B[...]

Fully Furnished Kai Lani With Ocean View For Sale

Sun, 04 Oct 2009 04:01:00 GMT

 2 Bedroom Fully Furnished Kai Lani Retreat at Ko Olina  $629,900Located within Ko Olina Resort and Marina, Kai Lani is one of the 5 residential neighborhoods within the Resort and is my favorite of all of them. Kai Lani is a low density development and nearly all of the units have varying degrees of Ocean Views and this unit is no exception. In addition to the closest proximity to the ocean of all the neighborhoods except the actual Beach Villas, Kai Lani is where you will wake up in the morning and know you are in Hawaii! I've done my best to create a sense of Kai Lani with the pictures and virtual tours and I hope by the end of the article, you will have a feel for what a magical place it is.      *** Kai Lani is now approved for VA Financing !! ***    This unit, as you see, is fully furnished and is being sold complete with all the furnishings. This well cared for unit is complete with everything you need except your clothes in the closet. The owners have used it selectively as a vacation rental and it would also be a perfect 2nd home or if you're lucky enough, to have it as your primary residence. Priced at only $629,900, you'll fall in love with this home. If you would enjoy a private tour of this home, Schedule showing , and I will make arrangements to show you around. For an incredible look at this property and Kai Lani, click on the picture below for a virtual tour that captures both the home and the area. name=frame1 align=center src="http://www.panaviz.com/customers/hege/28c/demo.html" frameBorder=no width=100 scrolling=no height=100>                                                                                               Click Here for TourLocated on approximately 11 acres with 30 buildings situated for maximum serenity and greenspace, Kai Lani is a peaceful retreat. As a gated community, you'll enjoy a feeling of security and with the impeccably landscaped grounds, everyday you wake, you'll take both pride and pleasure in your home. You can walk along paths through the Ko Olina resort to the restaurants and lagoons or if you want a little quiet time, you can go to the little beach in front of Kai Lani for some snorkling or just to have some quiet time. When sunset comes, this is a favorite spot of mine.             As an owner at Kai Lani, you'll be able to enjoy the pool in the neighborhood as well as many of the amenities in the resort like the fitness center and tennis courts which are all included benefits from your Home Owner Association. Here are some pictures of those added features:                                                  Pool and Spa with Bar B Que and Meeting Area                                This is an Example of the building architecture. Each building contains          4 units (2 downstairs units and 2 upstairs units) Each home includes a  &[...]

The Final Sale Event... Finally !

Thu, 24 Sep 2009 08:00:00 GMT

On the 19th and 20th of September we finally saw the Sale event of the Beach Villas at Ko Olina come to fruition. Over 2 days approximately 80 of the 120 villas were selected in the order that their reservations were placed and nearly 100 Million Dollars of real estate was selected. It was pretty exciting as each buyer was contacted to make their choice and then the board of available units was reduced by one. According to the sales office, during the next 30 to 45 days, there will be no further sales while they get the units under contract closed and decide how they will be pricing the last 40 units. For those of you who would be interested in a few more details on how the sale event went, the order that the units were chosen and most importantly at this point, the remaining villas left to be sold, send me a note and I'll email you my notes from the 2 days which will let you fill in the blanks. Send me your notes                            In the meantime, I currently have 2 units for sale in Kai Lani which is the closest setting to the Beach Villas at Ko Olina. Kai Lani Site Map . This neighborhood is located at the entrance of Ko Olina and and many of the units have either unobstructed views of the coast or partial ocean views. It is a low density development with 30 buildings laid out over the 11 acres to create a charming mix of green space with immaculate landscaping, a pool, spa and a gathering area. All that is between Kai Lani and the Pacific ocean is a few acres of Preservation land that slips into the ocean over cliffs or one of mine (and a few turtles) favorite secluded beach. It is a magical spot and each of the units for sale are currently used as personal retreats and vacation rentals when not being enjoyed by the owners or their families and guests.                             If you are interested in a premium unit, my listing of unit 18D is as premium as you could hope to find! As you'll see on the site map, you have an incredible view of the coast from your lanai or living area and it is actually in the building that the developer chose for his own when he built the place. Priced at $999,000, this unit is fully furnished with 3 bedrooms and ready to be enjoyed. For full details of this unit, Click Here                        My second Kai Lani offering is unit 28C. This is a 2 bedroom unit and has ocean views from most of the unit. Located in the interior of Kai Lani, it is steps from the pool and is a less expensive version of Kai Lani priced at $647,500 fully furnished with over $35,000 of lovely furnishings and decor. This property is a vacation rental if you are interested in having some supplemental income. For some additional information, pictures and current rates for this unit, Click Here For more pictures of this exceptional unit, you'll enjoy this link, Kai Lani PicturesFor those of you who purchased one of the Beach Villas at Ko Olina, Congratulations! If you are one of those who are still trying to decide if you're ready to call Ko Olina home, I would suggest you consider Kai Lani as an equally attractive alternative. If there is anything I can do for you, I hope you will feel free to send me a note with your requests. Contact Michael Aloha ! Michael Hege' RA,CDPEKapolei Realty, Inc(808) 225-3660www.HomesOahuHawaii.com[...]

Everybody Needs a Vacation

Tue, 08 Sep 2009 01:26:00 GMT

                                                 There's nothing quite like a vacation to make one start to watch the calendar and think of all the things they need to do before they go. Even when you live somewhere like we are lucky enough to live, a change of pace is immensely exciting.                                                                             Camp 6 Employee HousingI've been lucky enough to live in some really nice places, and one of my favorites is Yosemite. When I lived there before, it cost me $5.95 a week for a shared tent and 3 meals a day at the employee cafeteria. I made $1.35 an hour and when I think of my favorite all time jobs, it is one of them. It was a coming of age for me with each new friend sharing experiences at a time in my life when I was open to suggestions. Yosemite has been a special place for me ever since.               I still stay in touch with the most unlikely life long friend I ever could have imagined, Arvi Dorsey. He is in his 80's now and if I had half the energy he has today, I would consider myself lucky in deed. He is the consumate example of anything you set your mind to is possible. Active in his community, politics and his work, you just can't help but be energized when you are around him. But the thing he always worked the hardest at was friendships and relationships. A master of the handwritten letter and a genuine interest in the 100's of people who crossed his path during his career at Yosemite, he remembers us all and found the good in all of us. Somewhere in a personnel file on the jacket of my file there is an "ADP" on it. Arvi Dorsey Product. It was just that kind of a place. My first experience with people from all over the planet who were drawn to a magical place. I remember thunderstorms in vast alpine meadows where the entire force of the planet seemed to be right above my head. Summer solstice from a perch above the valley where the majesty of the universe seemed to fit perfectly into the confines of the valley itself. Conversations that went deep into the night that stay with you the rest of your life. It is the place that I began to understand what a huge world it was.                             The time I spent there was so important to me that I can trace most of my other significant events in my life to that summer and fall. Arvi took me to Colorado from there and introduced me to a friend whose sister became my wife. Yosemite put me in Colorado which put me in New Mexico which took me to Minnesota and Kansas. All from a letter of interest I wrote from my dorm room in college as my freshman year came to a close. I definately got my postage worth on that letter. My daughter spent a summer there when she was in college and had her own life shaping experiences. My love of living where I love was something I missed more than I knew in the middle years of my life, and it is one of the great parts of living where I live now. It almost seems as though I have made a full circle and come back to the type of life that I always loved the most.  And now I get to g[...]

How Short Sales Work

Sun, 23 Aug 2009 22:55:00 GMT

How Short Sales Work NEW!!FHA HUD Preforeclosure Sales Program Basically, the definition of the short sale process is when the lender of a property allows the property to be sold for less than the amount due on the mortgage loan(s) secured by that property. With real estate values declining, it is more and more common for properties to worth less than the debt against them. There are benefits for all parties involved. A short sale process is that it allows the seller to avoid the credit report damage associated with a foreclosure. A foreclosure can stay on your credit report for up to 10 years and can take an emotional and financial toll on you and your family. For the lender, it provides an orderly and predictable strategy without the additional time and expense of a foreclosure action. But the pitfalls of the short sale process should be considered as well. The I.R.S. may consider any debt forgiveness as taxable income, thus resulting in a tax liability. Legislation has recently been enacted to exclude owner occupants from this liability, but you will need to talk with your tax advisor to determine how the potential tax consequences will pertain to your individual circumstance. IRS Debt Forgiveness LinkIn addition, lenders can often pursue a borrower for the deficiency balance (the difference between the amount owed and the amount paid). in most CDPE transactions, this will be a part of the negotiations with the lender and releases from further action can often be obtained. Unsecured promissory notes are also a common remedy to address this shortfall with each borrowers situation and resolution being different depending on the lenders involved and the circumstances of the transaction.   The Short Sale Process The short sale process can vary, but it will generally work as follows: 1) The homeowner will meet with an individual to review their situation and seek assistance in requesting a short sale. A Certified Distress Property Expert or real estate agent with experience in short sales will know the criteria required to obtain approval and begin to collect it. This information will all become part of what is known as the "THE PACKAGE". A marketing and pricing strategy will be decided and if possible, the home will be placed on the market.  2) The agent will request the seller to issue a letter authorizing the release of personal information about the loan and the property to the agent so that contact with the lender and the agent can be established and placed in the file to allow the agent to present offers and maintain contact with the lender. Example of Authorization Letter3) As the property is marketed according to the agreed to strategy, THE PACKAGE will continue to be prepared and needs to be the priority. This will include a "hardship letter," which will detail and explain all financial difficulties as well as the seller’s financial situation including bank statements, investment accounts, paystubs and other financial records often including the last 2 years of tax returns. It is essential that THE PACKAGE be ready to submit as soon as an acceptable offer is received and must be accurate, thorough and complete. The transaction will require the lender to accept 10's to 100's of thousands of dollars less than the face amount of the debt and THE PACKAGE  is the story that supports the request for that consideration. The last part of THE PACKAGE will be the purchase agreement and HUD (Net sheet to the lender), pricing research and a Broker Price Opinion to support the purchase agreement, marketing history of the listing and it will normally approach 100 pages of information.  4) At this point, once received by the lender, THE PACKAGE will be assigned to a loss mitigator with the lender and the evaluation process of the short sale will begin. If there are [...]

I Hate Short Sales but I Hate Foreclosures More

Sun, 23 Aug 2009 00:12:00 GMT

                                                               I hate short sales! But I hate foreclosures more.Not in my Market of Ko Olina, Kapolei and the Leeward Coast? Let me know if you would like a Certified Distress Property Expert (CDPE) in your market and I will make arrangements to have an expert in your area contact you.                                                    Click Here For An Expert in Your Market Within this website, you will find information to assist you in evaluating a short sale as an alternative path if you currently owe more money on your house than you believe you can sell it for. In "Resources and Forms" you will find some of the actual paperwork that is required in a successful short sale. I can't imagine an agent would prefer the additional work required to work with a lender on a negotiated short sale transaction. I've yet to come across a distressed owner who is pleased they are needing to seek relief from the bank because they can not keep up with their mortgage payments. I've never worked with a buyer who was excited about the prospect of the uncertainty that a short sale purchase involves, often waiting much longer that it seems logical to find out if they were going to be successful in purchasing a home or not. Short sales are not fun and they are not ideal. What they are is a good solution to a bad situation. So, while I may hate short sales, I hate foreclosures more.                   The Mortgage Crisis has affected nearly everyone who owns property. A successful short sale will at least give you the opportunity to start over and have many of the damaging effects of a foreclosure avoided. As a Certified Distressed Property Expert (CDPE), I have dedicated my time and effort to understanding the issues distressed homeowners are dealing with. As a CDPE Professional, I understand the full range of solutions and am ready to help. As an office, Kapolei Realty, Inc., has made the commitment to assist people in this situation. Nearly all of our agents have obtained the elite designation of CDPE and we really can and do help to stop the foreclosure process one family at a time.                                                                                Don't Let Time Run Out on YouOf all the things I have learned during my CDPE training, the most disturbing was that 7 out of 10 people proceed through the foreclosure process without ever talking to a real estate professional. Please don't let yourself be one of those people. We understand that it is hard to ask for help, but that is exactly what you need. You really do have some choices and the choices you make will be with you long after the foreclosure process has come and gone. I am not goi[...]

The Home Stretch for the Beach Villas at Ko Olina

Fri, 14 Aug 2009 06:20:00 GMT

                   Whether you are new to this string on the Beach Villas at Ko Olina or have been following it since December... welcome! In either event, it might be a good time for a review of that last year. As is the custom, if you want to read the full details, links to the earlier articles are at the end of this. When we began this story, the Villas were about half sold and were being offered with some slight price reductions, but were essentially priced close to the prices that the first 127 units had sold for. That was December 2008.                     In January 2009, Centex Destination Properties, the Developer of the Beach Villas at Ko Olina announced that they were going to have a Final sale event on June 5th and 6th with plans to sell the 120 remaining units at discounts ranging between 25% to 35% from their last published prices. Reservations were going to be taken on a priority basis with a $50,000 deposit and the selection of the units would be based on the order that your reservation was taken. During the time of this sales period, there were approximately 140 reservations taken and plans were being made for the event. In May, it became apparent that "issues" were beginning to develop on a few fronts. The future control and ownership of several commercial apartments within the complex like the fitness center, beach bar, reception area and pools became embroiled in controversy and there was discussion as to whether the classification of the pool areas should remain as limited common areas appurtenant to the commercial apartments or if the Home Owners Association should reclassify those areas as common area and assume control of those areas. Between the existing homeowners, prospective homeowners, Centex and the Ko Olina master developer several different opinions existed and those issues are now in the process of being resolved either through mediation between the parties or if unsuccessful through that process, ultimately through litigation.           At the same time, it was also expressed by the Master Developer that the right existed for them to purchase 35 units of their choice and that option was presented to Centex. Again, differences in opinions were expressed and that issue also is in the process of being resolved either through mediation or if unsuccessful through litigation. At this point, due to the uncertainty of events, the reservation holders were given the option of maintaining their reservations with the return of their $50,000 deposits and new reservation holders were given the opportunity of placing reservations without a $50,000 deposit. There was an initial attempt to hold the event in July, but due to the complications that was postponed also. That brings us to where we are today. Since the $50,000 deposit requirement was removed in June, the number of reservations has increased from about 140 to close to 220 at last count and continues to increase daily. It was determined that due to litigation and some changes within the parking spaces assignments, that it was necessary for a new public report to be filed which was done and has now been accepted. As we sit right now, the plan is now to move forward with the sale event, irregardless of the resolution of the "issues" and with or without the 35 lowest price units depending on the resolution of those issues between now and then. So in summary, these are the key points: 1. The sale event is currently anticipated in the second half of September. 2. The sale event may consist of 120 units starting in the $500's or it may consist of 85 units starting at about $800K with the 35 [...]

Kai Lani Oceanfront at Ko Olina Resort and Marina FOR SALE

Mon, 27 Jul 2009 22:14:00 GMT

If there is a better place to live than Kai Lani, I just haven't found it!                                                                                                       I can't promise the rainbow, but this is from the lanaiIt is my pleasure to be able to offer this Oceanfront home complete with the furnishings as you see the home for sale. Located in the gated community of Kai Lani at the Ko Olina Resort and Marina, this property has one of the best unobstructed ocean views you can find. For the full specs on this new listing, MLS details .         For a virtual tour of the home and the area, click on the picture below. name=frame1 align=center src="http://www.panaviz.com/customers/hege/18d/demo.html" frameBorder=no width=100 scrolling=no height=100>This is one of those unique properties that is perfect for a primary residence, a second home or as an investment as a vacation rental and just save a month or two for yourself and your family. Should we go inside?                             Kai Lani is a small neighborhood with only 30 buildings sprinkled over nearly 11 acres and each building has 2 ground floor units and 2 upper units. This particular building was chosen by the developer as the building he wanted because of it's privacy and view. The developer had first pick of the building he wanted and now you can have the same. Here is a view of the Master Bedroom as it is furnished and don't forget that the view from the double windows with plantation shutters faces the ocean.                               The living area is very large with an open floor plan including the kitchen, dining room and living area with fantastic views from anywhere in the area.                       As you are walking back from the beach, this is how your new home will look to you as you approach it from the ocean. The HOA fees include all exterior maintenance, landscaping and yard care, exterior building insurance, pool, and membership to the Ko Olina Sports Club which includes a gym, tennis courts and discounts throughout the resort.                                          And in case you were wondering, here is the beach you'll be walking                             back from with Kai Lani in the background.             Priced at $999,000 this offers ocean front within a community in a Resort location where 5 star hotels, a LPGA golf course and a world class marina are located. Currently Disney has chosen Ko Olina as the site of their latest property and is curr[...]

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