FHA Single Family Handbook Update delivers clarity for appraisers Realtors raised concerns earlier Walk to School! Updated 3 bed/3 bath home located across the street from Kealakehe West Hawaii Real Estate | October 26, 2016 17 Elementary school. Plus a separate and private guest suite! MLS# 600452 $465,000 Erin C. Detwiler, RS-76700 • 808-557-9044 Kona Hills Estates - Vacant Land Beautiful one acre view lot in private gated community. Overlooks Kona Coastline and year-round Sunsets. MLS# 299841 $300,000 Dianne M Tremain, RB-17498 • 808-937-0798 everyone else involved in a transaction has a credible source to turn to when determining the value of a property. Requiring appraisers to perform duties that are better left to a home inspector only slows the process while potentially adding unnecessary costs. “FHA did appraisers and consumers a big favor by clarifying appraiser duties and specifically listing the appliances to which this new guidance applies. While there are still improvements to be made, FHA’s announcement provides our Realtor members with additional certainty as they continue playing a critical role in the home buying and selling process.” KAILUA KONA DISCOVERY HARBOUR 3bd/2.5ba. On Golf Course. Call 24 hours 866-233-6963 ext 22 for details. Raleigh Luitjens, RS $309,000 MLS# 298394 this year when the Federal Housing Administration’s “Single Family Housing Policy Handbook” included new requirements for appraisers to operate and physically observe appliances on a property during the completion of an appraisal. This inspector-type role far exceeded previously understood appraiser duties and had the potential to make appraisals longer and more costly for consumers. In response to those concerns, HUD recently announced updates to their SF Handbook that clarifies this requirement. According to the new guidance, appraisers must simply note that certain appliances contributing to the market value of the property are physically present. The National Association of Realtors expressed appreciation to FHA for its clarification in the following statement from NAR President Tom Salomone: “Appraisers have a lot on their plate, and their work is important to ensuring buyers, sellers, lenders and KAILUA KONA KAILUA KONA 3bd/3ba. Cute & Cozy Old Hawaiian Style Beach House! Located just steps away from Kona’s nest white sand beaches - Magic Sands! Ken Anderson, RB $849,000 MLS#298819 New Price $2,199,000 Kona Bay Estates An Ocean Lovers Delight! Beachfront residence in a private gated community in Kailua Kona. Popular Vacation Rental. Call for private showing Direct Oceanfront $2,199,000 Dana M. Ching, RS-40634, GRI • 808-989-6792 Family Home Kealakehe Area EZ2C is this 3/2, 2 story CPR home!! Kitchen, dining, den, 1 bd/ 1 ba upstairs. 2 bed/1 bath & family room downstairs. MLS# 297550 $494,000 Phyllis G. Sellens, RB-10787 • 808-987-9225 Robert L. Bates, RB-6883 • 808-937-7103 75-5737 Kuakini Hwy #102 • Kailua-Kona, Hi 96740 808-325-6526 | www.PScoHawaiiRealEstate.com CAPTAIN COOK 2bd/1ba. Well-thought-out home, nearly new & lightly lived in! Amazing covered front lanai with wonderful ocean views and awesome sunsets! Lynn Rumball, RB $499,000 MLS#299685 KAILUA KONA 1bd/1ba. This ocean front complex at Kona Makai allows for vacation rentals & is a very popular destination for those wishing to escape the cold! Harry Hersh, RS $219,000 MLS#296511 3bd/2ba. Come home to island style w/elegant tropical re nement! Vaulted ceilings & open oor plan great for enjoying family & guests! Views!!! Ken Anderson, RB $845,000 MLS#299484 KEALAKEKUA 4bd/3ba. Rarely o ered custom co ee farm w/new home! Huge bonus is the 2 new caretaker cabins located deep in the farm for privacy & serenity!! Saul Brecher, RS $2,000,000 MLS#299430 KAILUA KONA 5bd/2.5ba. You will nd peace & relaxation within this beautiful home which includes a fully permitted 2 bedroom Ohana! Ocean and Sunset views! Saul Brecher, RS $499,000 MLS#297625 CAPTAIN COOK 4bd/3ba. Amazing Monument & Bay views on a manicured acre of land! There is so much to love about this home, you may never want to leave! Lynn Rumball, RB $929,000 MLS#298318 KAILUA KONA 2bd/2ba. The Keauhou Palena condos are located on the Kona County Club Golf Course! Walking distance to the ocean! Immaculate and just remodeled! Ken Anderson, RB $300,000 MLS#299805 2bd/2ba. What an awesome ocean view! Pristine, panoramic & private too! Oceanfront condo is upgraded & being o ered turnkey furnished! Walter Sinicki, RB $519,000 MLS#298089 Each offi ce is independently owned & operated www.Kona.HawaiiMoves.com Kona Offi ce 74-5450 Makala Blvd., Suite 103 808-329-0021 Download our mobile app @: app.c21.com -You’ll love it MOUNTAIN VIEW 3bd/3ba. Large home, all solar. Call 24 hours 866-233-6963 ext 44 for details. Raleigh Luitjens, RS $349,000 MLS#299623 HOLUALOA 3bd/4ba. The property is located just minutes from the ocean and boasts unobstructed views! Rarely o ered, this beautiful home will not last. Saul Brecher, RS $999,000 MLS# 297876 KAILUA KONA 4bd/3ba. One of a kind! Absolute oceanfront Penthouse Suite on the top oor at Kona Bali Kai!! Elegant décor and comes turney furnished! Walter Sinicki, RB $749,000 MLS#280921 FOR MORE PHOTOS, LISTINGS & MAPS GO TO: WWW.KONA.HAWAIIMOVES.COM
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