To the best of our knowledge this outlines how your HBR membership profile & contact information is used for approved purposes in order to protect your privacy.
Home Address & Home Phone
"Home Address" and "Home Phone" is kept private by HBR, HAR & NAR and is never given out unless this information is the same as your preferred or primary contact information. NAR requires that a "Home Address" be provided.
E-mail
By providing HBR with your email address you are allowing us to communicate association related messages (weekly E-News subscription included in your membership dues, Board bulletins, messages regarding your membership and benefits, etc.). HBR does not sell or distribute the member e-mail list. NAR requires that an E-mail Address be provided.
Texting (SMS)
The Honolulu Board of REALTORS® will notify members about their account status and provide updates related to account management, outages, and other member interactions. These notifications, including SMS messages, will only be sent to members who have opted in.
Members can unsubscribe from SMS notifications anytime by texting "STOP" to the provided short code. The member will receive a confirmation message, and after that, no further SMS messages will be sent. The member may rejoin by simply signing up again via the Member Portal to resume receiving messages.
Standard message and data rates may apply. Contact your wireless provider for any questions about your text or data plan.
Credit Information
Credit information that you and credit authorizers provide when you make payments by credit card or electronic check for products, dues or other services via the REALTOR® Electronic Commerce Network ("E-Commerce Network") will only be used to process the transactions you request. This information will be provided to and maintained by reputable credit reporting databases, but will never be sold, shared or provided to other third parties.
HBR Member Roster
HBR's quarterly roster (PDF format) will include your primary contact phone number and your office information (address, phone, fax). Individual e-mail addresses do not appear in the quarterly roster. Members of HBR are allowed to download the Membership Directory (roster) from the Document Library within the Member Portal and its purpose is to be used strictly for association/real estate-related purposes.
Hawaii Association of REALTORS® (HAR)
HAR uses member contact information to communicate with members for association purposes only (i.e. HAR weekly email bulletin & monthly newsletter) and does not sell your contact information to anyone. Click here for more information.
National Association of REALTORS® (NAR)
NAR uses member contact information to communicate with members for association purposes. Click here for more information.
Affiliate Members & Benefits Providers
Affiliate Members who wish to promote their products or services to HBR members are provided a page on HiCentral.com where members can choose to view the latest promotional offerings. From time to time, HBR may send promotional emails to members about worthy promotions from Affiliate Members and Benefits Providers. HBR will use its discretion to determine a promotion's worthiness to members.
Although every effort has been made to ensure the accuracy of the material contained in this newsletter, complete accuracy cannot be guaranteed. By providing this newsletter, HBR is not offering legal or commercial advice. The contents of this newsletter are for general informational purposes only and no party should take any action based upon the contents of this newsletter without consulting the relevant legislation, and, where appropriate seeking professional advice or assistance. Links and references to other websites, organizations or people other than HBR are provided for convenience only and should not be taken as an endorsement by HBR. HBR cannot accept any responsibility whatsoever for loss or damage occasioned or claimed to have been occasioned, in part or in full, as a consequence of any person acting, or refraining from acting, as a result of a matter contained in this newsletter.
By Clint Hamabata, Assistant Vice President & Condo Project Manager, American Savings Bank
Mortgage financing for a new project, such as the new condos under construction in Kaka'ako, is a specialty for lenders with expertise in both portfolio lending and new project financing. New projects may not be eligible under Fannie Mae or Freddie Mac guidelines at the time they are built, within the first two years, or based on their ratio of owner-occupiers to investors. Therefore, the financing solution may be a portfolio loan.
Even if a project is able to meet FNMA/FHLMC guidelines, a lender with new project financing experience, such as American Savings Bank, can help you and your buyers navigate the complexities associated with buying a property that may be turnkey 12 to 18 months from the time of the purchase contract. The prospective buyer may be required to obtain a prequalification from the developer’s list of participating lenders. However, the buyer is free to choose any lender when the time comes to line up their financing.
Certain conditions and restrictions may apply, so contact a residential loan officer at American Savings Bank, an Equal Housing Lender, for more details.
For more information, visit American Savings Bank.
