@Renae Bliss Have you found any new information or details regarding reciprocity license ?

They may flag a giant fire hazard, but all they do is walk through the property, takes some pics and look at comps.Unless things are done way differently in Hawaii, why would the appraiser ever contact the local gov entity that would have to do an INSPECTION to produce any type of code violations?

If the agent is diligent about your having all the proper paper work in place is most likely someone who is on top of things and will be very informed when it comes to details.

The best I think is to physically walk through the house noting everything that needs to be done to it.

I read on Fannie Mae that to qualify you either need to be a big shot company with $5M in assets or a qualified investor ($200K/yr income for past two years or $1M net worth not including your primary residence).I may have read this wrong but it seems to me you cannot even find out the details of the program (such as the discount) until you are qualified and you cannot qualify unless you a rich.

Feel free to ask for any additional details.

There are so many components that go into these calculations that the "devil is always in the detail".

Most people aren't going to open miniblinds during a walk-through, so I can keep them from seeing the ugly neighbor on the left side.If I didn't have the budget for drapes, I'd use miniblinds strategically to block bad views and let the rest of the windows be.

See also this government sponsored entity document for details... page 216 under 'Limits on the Number of Financed Properties'.

The rest of the details are relevant, rate, term, balloon.....You're off to a good start.