Home Mortgage and Refinancing

Dont we all love the home we live in? Our kids are in established schools, we have lots of memories in the house, we love our neighbors, and weve redecorated. The list goes on. But were facing financial difficulties – perhaps facing foreclosure? But moving would be very hard. It disrupts a familys life. Letting our neighbors know that we are facing financial difficulty would also be really hard.

Let’s face it, houses are not selling here in Hawaii at the same clip they were two years ago. The boom is gone. Now what? Rents have gone in the toilet so homeowners attempting to make money in the interim is shot. We are seeing homeowners drop their listing prices on their houses in hopes to lure a new buyer, but, even then, how many new buyers can actually qualify for a new loan? What are local Hawaii homeowners looking to sell their properties fast supposed to do?