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Rock & Roll Hall-of-Famer lists home for more than a song

One of your clients could find himself or herself soaking up the Hawaiian sun in Neil Young’s former home – all for just several million dollars.

In what is the most expensive house ever listed in Hawaii, the Canadian rocker has listed his Hawaii compound for $24,500,000.

“The celebrity-owned property is located at Wai’alea Bay on the Big Island of Hawai‘i, with approximately 830 feet of prime ocean frontage on the Kohala Coast near the world-class surf break and white sandy beach known as 69’s,” the listing reads. “Enjoy the beauty of ocean life by snorkeling in the secluded Kiele Bay on the south side of the home.”

It boasts nine bedrooms, 7.5 baths, and 2.05 acres of land.

The home will cost its buyer $111,740 per month, assuming a 30-year mortgage rate of 4.5%. But you could get the client a better deal, couldn’t you? That, of course, is assuming the mortgage is placed by an American originator.

Plugging the figures into Canadian mortgage calculators provided by the big banks, however, causes an error.

Resource By:-http://www.mortgagebrokernews.ca/news/rock-and-roll-halloffamer-lists-home-for-more-than-a-song-196516.aspx

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