KAAHUMANU PLAZA 74-5467 Kaiwi Street, Kailua Kona, Hi 96740 INDUSTRIAL SPACE AVAILABLE This industrial property has great visibility, right off Queen Ka’ahumanu Highway, at the top of and Luhia Street. Available Spaces 1-4 627 sq ft 1-4A 1,068 sq ft 1-5 799 sq ft 3-09 2,127 sq ft 3-11 1,050 sq ft 3-12 3,282 sq ft Kona’s Old Industrial Area. Located at the corners of Queen Ka’ahumanu Highway, Kaiwi Street, Debbie Parmley (B) CCIM Vice President | Hawaii License No. RB-21953 Leasing Services – Island of Hawaii Direct +1 808 987 7722 Main +1 808 524 2666 debbie.parmley@colliers.com 220 South King Street • Suite 1800, Honolulu, Hawaii 96813 For details on all listings visit, DebbieParmley.com West Hawaii Real Estate | May 10, 2017 13 Kona Sea Ridge N-22 - Wow view! Turnkey furnished. Great fl oor plan with 3 bedrooms and 2 baths. Lanai for dining and sunset views. MLS 604052 $410,000 www.KonaSeaRidge-N22.com Beautiful like new condition. Sliding glass door off master opens out to gas heated pool and spa, incredible sunsets or morning coffee on the lanai. Designed for casual tropical living. Quiet and unpretentious from the exterior with top quality details and construction inside. 3 bedroom 3.5 bath. MLS 601636 $1,219,500 www.78-7018-Mololani.com Kris Hazard Real Estate Sales and Consulting... Always with your best interest at heart... Email krishazard@gmail.com or text request for no obligation link to VIRTUAL TOURS on these and other listings. Easy MLS Search at www.krishazard.com (808) 895-1364 Kristina R. Vaughn Hazard, RS, GRI, (R) #59457, Aloha Kona Realty, Inc. Helpful Sites for You: www.KrisHazard.7sellertips.com www.KrisHazard.smarthomeprice.com Kona Sunset Villas #107 - Fabulous ocean view and cool breezes, end unit! 2 bedrooms 2 baths for a comfortable layout. MLS 606300 $385,000 Luxury quality home, high end features. Venetian plaster walls. Mahogany, polished quartz counter tops. Waterfall fountain. 3bd/3.5ba 2,710 sqft plus 2900 sqft of amazing outdoor living space! MLS 297000 $1,380,000 www.78-7023-Aumoe.com Kona Sea Ridge N-22 - Wow view! Turnkey furnished. Great fl oor plan with 3 bedrooms and 2 baths. Lanai for dining and sunset views. Seller says bring in an offer! MLS 604052 $389,000 www.KonaSeaRidge-N22.com Hawaii 5-0 and aloha lives here. Top fl oor unit closer to ocean! Watch the dolphins go by or hear the soothing waves come ashore. Updated 2/2 bath with central air conditioning. Ocean pool. Vacation rental or private use, your choice! 2bd/2ba 1,288 sq. ft. MLS 601532 $400,000 www.CasaPenthouse317.com The Garden Estate at Keauhou Amazing ocean view. Lovely estate sized home meticulously maintained and upgraded, with adjacent fee simple lot with farm to table variety of fresh vegetables and tropical fruits. • Fully paid net metering photo voltaic system • Master suite is elevated with private lanai and steps down to the pool area *Two king sized master suites are in the upper wing of the home • The pool and spa is complemented with various water features All this is adjacent to the outdoor lanai and entertaining area and has amazing ocean, town and sunset views. MLS 601380 $1,795,000 www.78-6879-Kuhinanui.com Villas at Keauhou #109 – Fabulous views of Keauhou Bay, single level living, must see! MLS 606165 $685,000 Kona Coast Shangri-La. Private, Incredible Ocean Sunset and Coastline Views. Fully paid PV system for super low electric bills. Best price in Keauhou! Truly a must see! 3 bedroom suites, 3.5 baths. MLS 601380 $1,549,000 www.78-6879-Kuhinanui.com Appraisers raise concerns over VA home loan program Challenges facing real estate appraisers servicing the Veterans Affairs were under Congress’s microscope this week as the National Association of Realtors® and other industry leaders took to Capitol Hill to hail the continued success of the VA Home Loan Guaranty Program. Michelle Bradley, a state-certified general real property appraiser from Pennsylvania and Immediate Past Chair of NAR’s Real Property Valuation Committee, testified before the House Veterans Affairs Committee Subcommittee on Economic Opportunity. Bradley told Members of the Committee that while good appraisals are key to maintaining a strong VA Home Loan Guarantee Program, regulatory burdens are getting in the way. “America’s veterans have been wellserved for years by VA’s appraisal system, and professionals in the business should be proud of their good work,” Bradley said. “Unfortunately, that system is under tremendous pressure today.” The VA Home Loan Guaranty Program has served veterans and active duty service members for over 70 years by encouraging private lenders to offer favorable terms on home loans and allowing buyers to utilize a zero-down payment option. According to NAR’s 2016 Veterans and Active Military Home Buyers and Sellers profile, 18 percent of all recent homebuyers were veterans. Among those buyers, over half used a VA loan to finance their home purchase. A professional appraisal is key to giving everyone involved in the transaction a clear understanding of the purchase and ensuring that buyers ultimately pay a fair price for their home. Citing NAR’s recent Appraiser Trends Survey, however, Bradley pointed out a number of impediments to continuing the current level of service. “What we’ve found is that, among appraisers, there’s a real reluctance to work with the VA,” Bradley said. “Generally, appraisers are dissatisfied with the level of compensation they’re receiving for their work. It’s also harder than ever for trainees to enter the field, not just within the VA system but across the industry, which only adds to the perception of an appraiser shortage. This overall regulatory burden is a significant issue, and we have to turn things around.” Bradley sounded a positive note on an element of the VA system known as the “Reconsideration of Value.” When a VA appraiser finds that the market value of a property is lower than the sale price, the VA’s process calls for them to stop work and notify the lender’s point of contact. Also known as the “Tidewater Initiative,” Bradley said that this operating procedure is unique to VA transactions and designed to protect the buyer. Despite the challenges facing the industry, Bradley sounded an optimistic tone about the road ahead. “What we have today isn’t perfect, but it’s an important part of ensuring veterans and active-service members are protected when using a VA home loan,” Bradley said. “NAR looks forward to working with the VA and Members of Congress to improve this system in the years to come.”
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