Showing posts from September, 2008

Home exemption deadline to file claims

Aloha, I received this e-mail below today from the Honolulu Board of REALTORS as a reminder to homeowners to file their exemptions if they qualify.
I want to pass this information on to you.

The Honolulu Board of REALTORS® wants to remind homeowners that
September 30 is the deadline to file claims for home exemptions to
reduce their real property assessments and taxes for the next tax year.
• For qualifying homeowners under 65 years of age, the
exemption is $80,000.
• For those 65 years and older, the exemption is $120,000.
An eligible homeowner must own and occupy his or her property as the
principal home and documentation acquiring the property must be
recorded at the Bureau of Conveyances on or before September 30.
For homeowners who are 75 years or older and have a total
household income that qualifi es as low-income, exemptions vary
depending on the age of the owner:
• 75-79 years, $140,000
• 80-84 years, $160,000
• 85-89 years, $180,000
• 90 and older, $200,000
Persons filing for the home exemp…

Mortgage Credit Certificate MCC First Time Home Buyer

Aloha! Hope everyone had a relaxing Holiday weekend.
Below is an article that was in the Sunday Star Bulletin named;
First Time Home Buyers Benefit From Mortgage Credit Certificate
You can click on the link or read the article below
It is written by, Pamelyn Brown
Senior Loan Officer
First Horizon Home Loans

I personally benefited from the MCC program in 1992 16 years ago.
If you have any questions about the MCC program or are
ready to start looking for a home or put yours on the market
Please feel free to contact me at your earliest convenience.

Mahalo and Aloha Denise

With stricter guidelines being observed by lending institutions in qualifying borrowers for mortgage loans, home buyers with low or moderate income have been the most severely affected, particularly those attempting to buy their first home.
However, there are a variety of government bac…