If You’ve Given Up On Finding Your Dream Home, Consider Building Or Remodeling

Can’t find that perfect home in today’s real estate marketplace? With low inventory and high prices, what home buyers are encountering is a “seller’s market.” Reasonably priced, well located single family homes are being sold in a matter of days, and often with backup offers.

A common scenario is finding a house you like at the right price but the location just does-n’t work. Or, maybe you’ve focused your house hunting on a location that’s particularly desirable or convenient, but the only houses in your price range are fixer-uppers or tear-downs.

Perhaps a rebuild or remodel is the option to consider. Know there are alternate routes to get you to your dream home, and one of these is to focus on location. Eventually, a not-so-appealing house will turn up and possibly at an affordable price. Then the alternatives are to remodel or rebuild, the latter often the more cost effective and you end up with a brand new custom home in a great location!

If your decision is to knock down and rebuild, or if you already have an empty lot ready to be built on, an Owner/Builder Construction Loan from CU Network Services (CUNS) could be the key to your dream home! This unique and specialized type of loan was created to provide financing for borrowers planning their own home construction projects.

CUNS home loan officers have extensive experience in financing home building projects and have provided numerous Owner / Builder Construction loans since they began offering this specialty loan product in late 2010. The popularity of this loan has continued to increase as more and more buyers choose this option to achieve the home of their dreams.

Another alternative, of course, is to remodel your current home. By analyzing your home’s current value against the costs involved in purchasing a new home, a remodel may turn out to be your best option financially. A renovation project can range from updating a home with new paint and fixtures to adding rooms or another floor to accommodate a growing family or create an environment for multigenerational living.

With a home equity line of credit from CU Network Services, such projects can be funded in as little as two weeks, enabling you to get your renovations started promptly!

To learn more about CUNS home loan products, please call 529-4599 or visit their office at 681 South King Street.

Home Loans are processed by CU Network Services (NMLS #375459), a wholly-owned subsidiary of Hawaii Central Federal Credit Union (NMLS #412820).

Locations Hawaii
Michael Marks
Sandwich Isles Realty
Kimo Smigielski, Broker-in-Charge
R, ABR, CRS, GRI, e-PRO
Hawaii Life Real Estate Brokers
Emily Garcia
Agent, REALTOR(A), RS-77391
Coldwell Banker
DAY-LUM Properties

Edith Crabb, RB-8195
Coldwell Banker
DAY-LUM Properties

Glenn Takase, RB-18547
Coldwell Banker
DAY-LUM Properties

Misti R. Tyrin, RS-75836
Coldwell Banker
DAY-LUM Properties

David L. Skeele, RB-12882
Kauai Landmark Realty
Phil Fudge, RB-18576
Claire Keaton, RS-73854
Coldwell Banker
DAY-LUM Properties

Shea Miyashiro, RS-64678
Coldwell Banker
DAY-LUM Properties

Atsuko Winston, RS-75899
Coldwell Banker
DAY-LUM Properties

Mark Skeele, RS-77005