The maximum VA Loan limit in Hawaii for Honolulu County has been increased to $756,250 effective August 6, 2012.

The VA Loan in Hawaii can be used to purchase a single family home, townhouse or condo in Hawaii as well as new construction homes on Oahu.  The VA Loan in Hawaii is a 100% financed loan so no down payment is necessary.  Oahu, Hawaii has fantastic, family friendly neighborhoods in Ewa Beach, Kapolei, Mililani, Waikele, Pearl City, Aiea, Honolulu, Kaneohe and Kailua just to name a few.  All of these neighborhoods are eligibile for the VA Loan purchase.

For more information on VA Loans and how Veterans can purchase a home in Hawaii, please call your Hawaii Military Relocation expert, David Kucic, President/Owner of Hawaii Military Realty, Inc. at (808) 218-9338 or email to:  david@davidkucic.com.

The property tax rates in Honolulu County Hawaii for the year 2012 to 2013 for residential properties are $3.50 per $1,000 of assessed value.  For example, the median home price on Oahu is approximately $650,000.  Lets assume that the tax assessed value is also $650,000.  The annual tax for this example of Hawaii real estate would be $3.50 x 650 = $2,275 per year.  This breaks down to a rate of approximately $190 per month.

Taking it one step further, if you file your “Hawaii Property Tax Exemption Form” and are entitled to the $80,000 tax exemption, then using the same figure above, you would take the assessed value of $650,000 and subtract $80,000 which means your taxable value is $570,000.  At a tax rate of $3.50 per $1,000 of assessed value, this would make the annual tax $1,995 or $167 per month.

The other Hawaii county tax rates are:  $5,75 for Maui County, $5.55 for Hawaii County (the Big Island) and $3.05 for Kauai County.

I am not a tax professional or a tax attorney but I do have common sense and I know how to read and follow simple instructions such as using available information to determine examples of estimated property tax payments.

For more information on homes for sale in Hawaii or any other Hawaii real estate related questions, feel free to contact Hawaii Military Realty Inc at (808) 218-9338 or email to david@davidkucic.com.

New listing as of this morning, June 4th.  This townhome is located in the Townhomes at Fairways Edge in Ewa Beach, Hawaii.  It is a short sale listed at $330,000.  THIS LISTING AGENT IS A SHORT SALE SPECIALIST.  MOST SHORT SALES CAN BE APPROVED WITHIN A FEW MONTHS AND DO NOT TAKE 9 MONTHS TO CLOSE!  IF SOMEONE IS TELLING YOU TO AVOID SHORT SALES, YOU SHOULD WALK THE OTHER WAY AND FIND A NEW AGENT BECAUSE YOU MIGHT BE MISSING OUT ON SOME OF THE BEST PROPERTIES THAT ARE AVAILALBE ON THE MARKET.

It is a 3 bedroom,  2.5 bathroom townhome with an attached 2 car garage.  The home has central air conditioning, all standard appliances, wood laminate flooring downstairs and carpet upstairs.  There is a community swimming pool, spa and BBQ area in the development within walking distance. This community is eligible for purchases using the Hawaii VA Loan entitlement.  There are also nearby miles and miles of walking, jogging and biking paths.  For more information, contact Hawaii Military Realty at (808) 218-9338.

This is a beautiful, end unit townhouse in the Fairways Edge.  It features 3 bedrooms, 2.5 bathrooms, 2 car garage, island kitchen, stainless steel appliances, central air conditioning and it backs to the swimming pool and spa.  Water, sewer, trash and access to the pool are included in the rent.  Available July 1, 2012 for $2,400 per month.

This is a 2 bedroom, 2 full bathroom condo for rent in Ewa Beach, Hawaii.  It is located in the Sunrise Complex next to the Foodland Grocery Store and Longs Drugs.  It also has 2 assigned parking stall.  One of the stalls is in a covered, concrete parking garage under the building and the 2nd stall is outside.  This property is available May 22, 2012.  All appliances included.  Water, sewer, trash and use of the swimming pool are included in the rent.

There are some homes available immediately in Ka Makana at Hoakalei in Ewa Beach Hawaii.  Most of the homes are still under construction but there are some homes that are already built and just waiting on someone to purchase it.

The available homes as of my most recent notification are:

• 5010 Series Home For 795k
• 6040 Series Home For 950k
• 6040 Series Home For 1.2 mil
• 6050 Series Home For 889k

All other series of homes are also available for purchase but you will have to wait on the home to be built.  All new homes at Hoakalei are eligible for purchase using the Hawaii VA Loan entitlement.  The developer is offering credits on some of their homes and they also pay most of the Buyers closing costs.

For more information on Hoakalei Resort Homes For Sale, Hoakalei Country Club, Oahu Real Estate, Hawaii Homes For Sale and Short Sales on Oahu, contact David Kucic of Hawaii Military Realty at (808) 218-9338.

Many of the Homes For Sale in Ewa Beach, Hawaii are located in the Ewa by Gentry subdivision.  Some of the neighborhoods in the Ewa by Gentry subdivision are:

• Woodbridge I and II
• Prescott I and II
• Sonoma
• Haleakea I and II
• Cypress Point
• Sun Terra
• Summerhill
• Trovarre
• Soda Creek
• Alii Court and Alii Cove
• Montecito Tuscany and Tuscany II
• Carriages
• Seabreeze
• Meridian
• Kula Lei
• Huelani
• The Tides
• The Trades
• Latitudes
• Sandalwood
• Las Brisas, Tiburon, Cortebella and Terraza

Homes in the Prescott and Sonoma neighborhoods are highly desirable because they fall right in the median range of homes.  The lot sizes are fairly large based on Hawaii standards and the interior square footage is fairly large.  Homes in the Prescott and Sonoma neighborhoods range between $475,000 up to the mid $500,000’s.  There are exceptions to these prices when you have a home that might have a swimming pool, extensive upgrades or an extremely large lot size.  All of the homes in Prescott and Sonoma are eligible to be purchased with a VA Home Loan in Hawaii.

There are currently only 5 homes for sale in Sonoma and Prescott.  There are 3 homes that are under contract and should be closing soon and there have only been 14 homes that have sold in the past 6 to 8 months.

For more information on Ewa by Gentry Homes For Sale, Oahu Real Estate For Sale, Hawaii Real Estate For Sale, Short Sales in Hawaii and new construction homes in Hawaii, contact Hawaii Military Realty at (808) 218-9338 or email to david@davidkucic.com

I have a nice 1 bedroom, 1 bathroom condo for rent in the Sunrise complex in Ewa Beach right next to the Foodland, Longs Drugs, Starbucks, Subway and more.  This is a 2nd floor unit and it also comes with 1 assigned parking stall.  Also very close to public transportation.  Sunrise is a very tightly run community and well maintained and clean.  For more information, contact First Sergeant Retired David Kucic, Hawaii Military Realty at (808) 218-9338

The new homes in Ewa by Gentry Sandalwood are available for immediate purchase. The models are open 7 days a week. Sandalwood is located in Ewa Beach, Hawaii just off the intersection of Ft Weaver Road and Keaunui Drive across from where the new Safeway Grocery Store and City Mill are being built. These homes are qualified for purchase with a Department of Veterans Affairs VA Home Loan in Hawaii.  For more information on new homes at Sandalwood and to learn how you can qualify for up to a $6,000 credit from Hawaii Military Realty, call or email Hawaii Military Realty (808) 218-9338 .  We are your Oahu Real Estate Experts and Hawaii Military Relocation Experts.

I have an REO/foreclosed listing for sale in Koolina Resort in the neighborhood of Coconut Plantation.  This is a beautiful, well maintained and gated community within walking distance to restaurants, shops, Disney Aulani Resort, JW Marriott Ihilani as well as beautiful beaches.  The property features 2 bedrooms, 2 full bathrooms, large covered lanai, ground floor unit, central air conditioning, 1 car garage + golf cart garage + assigned outdoor parking stall and plantation shutters on all of the windows.   Click on the link below to see a walk thru tour of this property.  Asking price is $487,000 which is the LOWEST in the community.

REO Foreclosure Sale in Hawaii

As the city of Kapolei, Hawaii grows more and more, Koolina Resort becomes an even more desirable place to live on Oahu.  For more information about Oahu Real Estate For Sale, Oahu Short Sales, Ewa Beach Short Sales, Ewa Beach Homes For Sale, VA Loans in Hawaii, Military Relocation to Hawaii, New Construction in Ewa Beach, Kapolei Homes For Sale and any other Hawaii Real Estate for sale, please contact me directly at (808) 218-9338.   This property is eligibile for purchase using the Veterans VA Home Loan in Hawaii.