Does a remodel makes sense?
BRANDPOINT
There comes a time when every homeowner looks around at their house and ponders a few upgrades. Sometimes, those ideas turn into full-on renovations as you reimagine your space to better meet your lifestyle. But before you start calling contractors, ask yourself: Does remodeling make financial sense?
Here are three tips to help you decide if a home renovation benefits your home and your finances.
Identify your wants vs. needs
How necessary are the improvements you want? Some home projects may end up costing you more than the value they provide. That doesn’t mean certain projects aren’t worthwhile.
“Home renovations come in all shapes and sizes. For some, it may be about the investment and increasing the home value, for a good few it might be about what looks the best, while others might not have a choice,” said Adam Fingerman, assistant vice president of equity lending at Navy Federal Credit Union.
“Whatever the reason, it’s always a good idea to understand how a large renovation might impact your finances and the overall value of your home.”
Know your budget
Consider creating a chart with all of your cost estimates, and
Average long-term U.S. mortgage rate climbs to 6.79 percent
ASSOCIATED PRESS
LOS ANGELES — The average long-term U.S. mortgage rate climbed this week to its highest level since November 2022, driving up borrowing costs for would-be homebuyers at a time when the housing market is being held back by a near record-low inventory of homes on the market.
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.79 percent from 6.57 percent last week. A year ago, the rate averaged 5.09 percent. The latest increase marks the third in three weeks and lifts the average rate on a 30-year home loan to its highest level since it surged to 7.08 percent in early November.
The average rate on 15-year fixed-rate mortgages, popular with those refinancing their homes, rose to 6.18 percent this week from 5.97 percent last week. A year ago, it averaged 4.32 percent, Freddie Mac said.
High rates can add hundreds of dollars a month in costs for homebuyers, limiting how much they can afford in a market that remains unaffordable to many Americans after years of soaring home prices and historically low levels of housing inventory.
Mortgage rates have ticked higher along with the 10-year Treasury yield, which lenders use as a guide to pricing loans. The yield hit 3.81 percent last week, its highest point since early March, reflecting uncertainty among bond investors over whether the federal government would be able to avoid a debt default and renewed worries that the Federal Reserve may not be done hiking interest rates.
include columns for high-, medium- and low-cost options. Don’t forget supplies for do-ityourself projects and always allocate a certain percentage for unexpected expenses.
Also be sure to get estimates from different contractors and compare them. Carefully check references and business licenses.
Explore financing options
Ideally, you’ve already established a home
improvement savings plan. But if you’re planning to borrow, explore your financing options through your trusted bank or credit union.
“Think about the size of your project, whether or not you’ll have ongoing expenses, and your current finances,” said Fingerman.
For example, Navy Federal offers members various options for funding home improvement projects, such as home equity loans, home equity line of credit
or personal expense loans.
Members also have access to a wealth of information to help them make informed decisions about the right financing products for their home improvement goals. Home renovations of any size — large or small — can be overwhelming. Consider these tips to help make it easier and more affordable in the long run.
Navy Federal Credit Union is federally insured by NCUA. Equal housing lender.
Serving Kauai’s Condo & Community Associations with award-winning service Hawaiiana Management Company, Ltd. Hawaiiana currently serves over 60 residential and commercial associations on the Island of Kauai. Kauai native Sunshine Ruiz Hatto serves as Hawaiiana’s Vice President of Kauai Operations from its office at the Kukui Grove Executive Center in Lihue. • 99% retention rate among clients • Local (vs. mainland) banking • All employees are in Hawaii • Serving nearly 60 associations on Kauai Sunshine Ruiz Hatto Vice President Kauai Operations For more information about Hawaiiana’s services, contact Sunshine Ruiz Hatto at 792-0515 or email sunshine@hmcmgt.com. RICHARD ROBERTS MANAGEMENT EXECUTIVE WHIT VAN BLARGEN SR. MANAGEMENT EXECUTIVE HINAHEA LANGI OFFICE MANAGER, SENIOR ADMINISTRATIVE ASSISTANT ASHLEIGH-MORGAN SHIGETA FRONT DESK ADMINISTRATIVE ASSISTANT BOB WILSON SR. MANAGEMENT EXECUTIVE LUCY TAYLOR SR. MANAGEMENT EXECUTIVE AMY CAMPBELL MANAGEMENT EXECUTIVE Alihi Lani Alii Kai at Hanalei Alii Kai II Aliomanu Estates Apopo Hale Emmalani Court Halaulani Condominium Hale Honu Halelani Village at Puhi Halemalu at Puhi Hanalei Bay Villas Hooluana Condo at Kohea Loa Hookena at Puhi Kahala at Poipu Kai Ka‘iulani of Princeville Kakela Makai Oceanview Kalaheo Pali Kai Kalihiwai Ridge Kamahana Kauai Beach Resort Hawaiiana’s Kauai Properties: Kauai Beach Resort Association Kawaihau Sports Villa K.G. Enterprises Condominium Kiahuna Plantation AOBO Kohea Loa Master Association Koloa Garden Apartments Kuhio Shores at Poipu Kukui‘ula Kulana Lae Nani Lihue Townhouse Makanui Manualoha Marriott’s Kauai Resort and Beach Club AOAO Nawiliwili Estates Paradise Court Pali Ke Kua Paliuli Pikake Pili Mai at Poipu Plantation at Princeville Poipu Crater Poipu Kai Association Poipu Kai Racquet Club Poipu Kai Water Reclamation Poipu Kapili Poipu Sands Princeville II Community Association Princeville II Community Association - Queen Emma Bluff Princeville Makai Ranch at Halele‘a Princeville Paniolo Princeville Sealodge I Puamana Puhi Industrial Park Pu‘u Po‘a Regency at Poipu Kai Regency Hule‘ia Regency Villas at Poipu Kai Sandpiper Village I The Villas at Poipu Kai Villas at Puali Villas of Kamali’i Villas on the Prince Waikomo Stream Villas Wailua Bay View Waipouli Beach Resort www.hmcmgt.com KRISTEN KURZ MANAGEMENT EXECUTIVE MIRISHAE MCDONALD MANAGEMENT EXECUTIVE RACHELE BURNS TOGUCHI OFFICE/LEAD ADMINISTRATIVE ASSISTANT KATHRYN MILLER MANAGEMENT EXECUTIVE MARISA YOUNG ADMINISTRATIVE ASSISTANT Julie Black, Principal Broker & Owner (808) 652-6174 with daughter Kela Caspillo, Realtor Broker (808) 652-6173 kauaidreams.com Got House? B4 • Friday, June 2, 2023 THE GARDEN ISLAND thegardenisland.com
BRANDPOINT
Some home projects may end up costing you more than the value they provide. Proper preparation will help assure you it’s work the expense.
PLACE YOUR AD t ODAY 246-0325 th E g ARDE nis LA n D CO m/ CLA ssifi ED s KAUAI’S real estate directory 246-0325 Hawaii’s Favorite Local Shows Lanai Tabura and Brook Lee talk story with artists, celebrities and community leaders. itsahawaiithing.com Watch it on Certified Cicerone Tim Golden, and Mixologists Daniel Bruce & David Power dive into the exploding world of craft beer in Hawaii. Join Yunji Di Nies and various experts as they discuss all things life and family planning to prepare you for making life’s biggest decisions. Makani Tabura and his guests share the importance of keeping island traditions alive. theartofbeer.com HawaiiGetYourHouseInOrder.com culturised.com presented by presented by Also available on , Apple Podcasts and Spotify. SATURDAYS 7pm - 9pm ASPHALT & PAVING PROFESSIONAL SERVICES COMMERCIAL & RESIDENTIAL CALL TODAY FOR AN ESTIMATE 808-634-3306 @kauai_sealcoatinginc www.kauaisealcoatinginc.com OUR SERVICES: Crack Filing Sealcoating Paving Striping 808-822-3100 www.kauailandmark.com Larry Fudge RB-18519 808-635-1111 Diane A. Pavao RS-58020 808-651-3557 Buyers Representation Lokelani View Condominium Unit A. 3BR / 3.5 BA with 1,928 sq. ft of living area. Lot size: 10,018 sq. ft. $1,100,000 MLS #666280 SOLD! KALAHEO PALI KAI AROL C. CUMMINGS RB-14915 (RB) CRB, CRS, GRI, SFR 808-651-4766 kauairealty@gmail.com www.carolcummingskauai.com SOLD! Living Area: 1,205 sf Bed/Bath: 3/2 MLS 701651 SOLD FOR: $799,900 (808) 245 - 2463 | www.kauaicreditunion.org Our VISA Platinum Credit Card with uChoose Rewards allows you to get exactly what you want from a rewards program. Earn airline travel points redeemable on any airline and cash-back rewards options with no annual fee and a low interest rate. *APR= Annual Percentage Rate. Rates are based on credit worthiness. Approval for credit card based on credit worthiness. No annual fee. No foreign transaction fee. Federally insured by NCUA. Rates as low as 9.99% APR* Apply for a Credit Card with (808) 246-8828 Across From Kauai Community College 4490 Puhi Road, Lihue * Custom Color Matching * Armstrong-Clark Stains * * Purdy Brushes * Graco Sprayers * Home Owner * * Maintenance * Commercial * Industrial * $1,200,000 2Bed/2Ba Interior: 1,263 sqft MLS 702645 Clean and comfortable two bedroom, two bath condominium just minutes away from world famous Poipu Beach. First floor level so no stairs to climb. Step down into the living room. This property is perfect for vacation rental or primary/secondary home. Totally remodeled end unit in 2014. High end granite countertops and custom built pull-out cherry wood cabinets in both kitchen and bathrooms. Beautiful tile floors and bamboo flooring in bedrooms. This unit is fully air conditioned with Fujitsu split system. REGENCY AT POIPU KAI Kauai-Realty.com 2403 Ulu Maika St., Lihue, HI 96766 Melinda B. Yomen R(S) melinda.yomen@gmail.com • (808) 482-0452 www.thegardenisland.com THE GARDEN ISLAND Friday, June 02, 2023 Page 5
FILED,adocumentpurportingtobetheLastWill andTestamentoftheabove-nameddecedent,who diedonFebruary12,2023,togetherwithan ApplicationbyTHOMASWILLIAMPATCH(“Applicant”), whoseaddressisc/oKauaiEstateLaw,LLLC,4334 RiceStreet,Suite203,Lihue,Hawaii96766,praying forinformalprobateandissuanceofLetters Testamentary to said Applicant.
Ifanyinterestedpersonhasobjectiontothe informalprobate,thepersonmayfileapetitionfor formaltestacyproceedings;ifanyinterestedperson desiresfurthernoticeconcerningtheestate,including noticeconcerningtheclosinganddistributionofthe estate,thepersonmustfileaDemandforNotice pursuant to HRS Section 560:3-204. Allcreditorsoftheabove-namedestatearehereby notifiedtopresenttheirclaimswithpropervouchersor dulyauthenticatedcopiesthereof,eveniftheclaimis securedbymortgageuponrealestate,tosaid nominee,attheaddressshownabove,withinfour(4) monthsfromthedateofthefirstpublicationofthis notice or they will be forever barred.
FIFTH CIRCUIT COURT NOTICE AND NOTICE TO CREDITORS
ESTATE OF DARLENE LEIKO KASHIWAI
CASE NO. 5CLP-23-0000046
FILED,theApplicationof MARILEIKOLORENZO prayingforinformalprobateofdecedent’sLastWill andTestamentintheaboveentitledestate,andfor appointmentofandissuanceofLetterstoApplicantas PersonalRepresentative,whoisaresidentoftheState of Hawaii, Anyinterestedpersonwhohasanyobjectionto informaladministrationmayfileapetitionforformal proceedingswithinforty(40)daysafterthedateofthe firstpublicationofthisnotice;anyinterestedperson desiringfurthernoticeconcerningtheestate,including noticeconcerningtheclosinganddistributionofthe estate,shouldfileademandfornoticepursuantto
Hawaii Revised Statutes Section 560:3-204. Allcreditorsoftheabovenamedestatearehereby notifiedtopresenttheirclaimswithpropervouchersor dulyauthenticatedcopiesthereof,eveniftheclaimis securedbyamortgageuponrealestate,toApplicant’s attorneyattheaddressshownbelow,withinfour(4) monthsfromthedateofthefirstpublicationofthis notice, or they will be forever barred.
DATED: Lihue, Kauai, Hawaii, May
Carpentry Pets MERCHAN DISE Appliances Notices to Creditors Notices to Creditors Public Notice Public Notice Public Notice Public Notice Public Notice Lihue Kalaheo Hanapepe Houses For Rent Puhi Notices to Creditors Notices to Creditors Carpenter looking for maintenance jobs. Free estimates. 3D Construction Call Albert 652-8861. alapaki82@outlook.com AKC Full registration DOBERMANN PUPPIES Red & Black available $2,000/each Shipped frm Big Island 808-854-0215 Recycled Appliances Washers,Dryers, Stoves & Refrigerators $250+ Tashi 808-652-0551 SOLD $720,000 2 BED/2 BATH 1,992 sqft Interior 9,586 sqft Land Ann Zaslow-RS 808-639-3675 MLS 701825 SOLD KALAHEO - $799,900 3 BED/2 BATH 1,205 sqft Interior Carol Cummings -RB (808)-651-4766 MLS 701651 LIHUE $1,880,000 0.74 Acres Ashley Carvalho -RS 808-652-3886 Mark Tanaka -RB 808-639-0367 MLS 664059 PRICE CHANGE! $265,000 LH 1 BED/1 BATH 554 sqft Interior Shelly Kaui Carvalho -RS 808-652-3886 MLS 666089 SOLD $960,000 FS 3 BED/2 BATH 1,404 sqft Interior Lauren Yama -RS 808-652-3886 Eric N. Yama -RB 808-639-3414 MLS 701476 FIFTH CIRCUIT COURT NOTICE AND NOTICE TO CREDITORS
NO.
ESTATEOFLEORICHARDPATCH,alsoknownas Leo R. Patch,
CASE
5CLP-23-0000044
Deceased.
DATED: May 16, 2023 at Lihue, Hawaii. /s/ Doreena Olivas Brun Clerk of the Above-Entitled Court Katherine A. Caswell, #9473 Kauai Estate Law, LLLC Attorney for Applicant (TGI1417397 5/26, 6/2, 6/9/23) NEW PRICE! PUHI - $799,000 3 BED/2 BATH 1,392 sqft Interior Kaylin Kukino -RS 808-635-2822 Clifton Kukino-RS 808-639-1490 Jordan Kukino -RS 808-634-5032 MLS 701716 LAWAI KAUAI HI 3 bdrm, 1 bath, 2 car carport partly furnished home. Electric stove, water heater, yard service included, utilities not included. Month to month security deposite of $2,900 and first month rent $2,900 due on signing of rental agreement. Not accepting HUD at this time. Call Chanda 808-652-6844
3, 2023. DOREENA OLIVAS BRUN Clerk LAWRENCE D. McCREERY #1547 Attorney at Law 4265-B Halenani Street Lihue, Kauai, Hawaii 96766 Tel. (808) 246-0269 Attorney for Applicant (TGI1415464 5/19, 5/26, 6/2/23) Deadlines: Regular, single-column classifieds in The Garden Island can be placed until 4:45pm on Monday, Tuesday, Wednesday, and Thursday for the following day, noon on Friday for Sunday and Monday. Please call your sales executive or 246-0325 for deadlines for larger, multi-column ads. Cancellation/Correction Deadlines: To cancel or change an ad in the Garden Island, call us by 4:45pm on Monday, Tuesday, Wednesday, and Thursday for the following day, noon on Friday for Sunday and Monday. (We are closed Saturdays and Sundays). The Garden Island Real Estate Deadlines: To place, correct or cancel a Friday real estate/rental single-column ad, please call by noon on Thursday. Check your ad for errors the first day it runs in the paper. We are unable to issue credit for errors reported after the first day of publication. While we try to accommodate our advertisers, The Garden Island does reserve the right to edit, refuse, reject, or cancel any ad at any time. All ads are subject to approval prior to publication. We are not liable for losses or expenses resulting from publication errors or omission of an ad at any time. All ads are subject to approval prior to publication. We are not liable for losses or expenses resulting from publication errors or omissions of an ad. Advertising rate cards are available from any sales executive. Ads are subject to the rate card in effect at the time they are placed. ANNOUNCE MENTS MERCHAN DISE THE INDEX WE GLADLY ACCEPT: Business Hours Call Center Monday–Friday; 7:30 a.m.–5:30 p.m. SELL YOUR STUFF FOR AS LITTLE AS $9.99 A WEEK ON ALL MERCHANDISE ADS * Restrictions may apply. Call for details. Legals/Public Notices KAUAI’S Service Directory HAWAII’S Subscribe today 245-0433 thegardenisland.com Subscribe today 245-0433 thegardenisland.com thegardenisland.com Subscribe today 245-0433 thegardenisland.com FRIDAY December 15, 2017 INSIDE TGIFR!DAY REAL ESTATE KIF SOCCER B1 RED RAIDERS SHUT OUT VOYAGERS---Featured Homes-Waysrentersarebecominghomeowners Poipu OUR SHOWROOMTODAY! www.thegardenisland.com Annual Holiday ‘THE GREATEST TIME OF THE YEAR’ 4-1525 Kuhio Hwy. Islandwide Deliveries OPEN SATURDAYS 7:30-11AM Season’s Greetings from your friends KEKAHA — The agriculture division of DowDuPont has announced major changes in its Kauai operations under which it will expand its Hawaii research activities here, increasing staffing on island by as muchas50percent. created earlier this year by the merger of the Dow Chemical Co. and DuPont de Nemours and Co., is in the process of dividing its corporate operations into three new companies, one of which will focus exclusively on agriculture. Both Dow and DuPont previously had separate operations on Kauai, both of which focused on development of improved genetically modified seed corn and soy strains.Meanwhile, Hartung Brothers Inc., a leading seed developer that produces GMO, organic and conventional seeds for farmers, said it was changing the nature of its Kauai operations and will become a production scale grower of food products for commercial markets statewide, and possibly beyond. Hartung acquired the previous Kauai operations of Syngenta A.G., a Swiss conglomerate closely iden tified with GMO agriculture and widely criticized over pesticide use. It will continue its GMO and other research activities on Kauai as it diversifies into production farming. The DowDuPont announcement was the third in a series of develop ments that are rapidly changing SEEDS OF CHANGE Allan Parachini SPECIAL TO GARDEN ISLAND DowDuPont to expand research activities,increase staffing;Hartung become a production scale grower of food products for commercial markets dark side beckons Stay Informed Subscribe today 245-0433 thegardenisland.com thegardenisland.com Subscribe today 245-0433 Stay Informed Title: Notice of Change in Legal Business Status, Individual d.b.a; “Let be known that I, Family Name: Langschmidt, Carl, have incorporated and trademarked my Assumed Name for the purposes of d/b/a CARL LANGSCHMIDT: Any unauthorized uses of this Assumed Name Trademark or permutations thereof are unlawful and punishable by Maxim of Law, privacy and Identity, theft/fraud Laws: Per State of MN File #1392827300027” Page 6 Friday, June 2, 2023 THE GARDEN ISLAND www.thegardenisland.com
