Hawaii Military Realty just sold another home in Waianae, Hawaii Sea Country neighborhood.  This was a short sale and took a total of 90 days from receipt of Purchase Contract until closing date.  The sale closed on Oct 11,  2011.  Need to sell or interested in buying?  Call Hawaii Military Realty, Inc. today!

This is a 3 bedroom, 2.5 bathroom, non-short sale town home located in Ewa Beach, Hawaii.  The home is in excellent condition and has a detached 2 car garage with private backyard, sprinkler system, central air conditioning, ceramic tile flooring on lower level and upgraded carpet and padding on the stairs and 2nd floor.  This home is very clean and is located 25 yards away from bus stop and 2oo yards from Keoneula Elementary School and Seagull School.

This home is eligbile to be purchased using the VA Home Loan Guaranty.  For more information on Homes for Sale in Hawaii, VA Loans in Hawaii or Short Sales in Hawaii, contact 1SG (Ret) David Kucic, Broker/Owner of Hawaii Military Realty, Inc.  Do you need information about a VA Loan and what your entitlements are?  I would be happy to discuss your options in private or I can invite you to one of my VA Seminars on Oahu.

Need a rental property or do you have a rental property that you need a property manager for in Ewa Beach, Hawaii?  Give me a call!

The new Walmart located in Kapolei, Hawaii on the island of Oahu continues to be constructed pretty quickly.  As of Sep 5, 2011, the roof is about 50% completed. 

It is located in the city of Kapolei at the intersection of Kamokila Blvd and Ft. Barrett Road just south of the H-1 Highway.  Across the street from the Walmartis a Chilis restaurant and a variety of other stores.  Kapolei continues to grow and is no doubt becoming the “Second City” of Oahu as promised in years past.

With the newDisney Aulani Resort opening last week in Koolina, this Walmart will be much needed to service the workers atDisney Aulani as well as the guests of the hotel/timeshare.

For more information on Oahu Real Estate, Short Sales, Oahu Vacation Homes, Ocean View Estates or VA Loans in Hawaii, contact David Kucic of Hawaii Military Realty, Inc.

This is a great single family home that is less than 2 years old (see photos below and click on photos for full size images).  It is located in the resort community of Ka Makana at Hoakalei in Ewa Beach, Hawaii.  Some of the features of this home are:

• Downstairs Master Suite
• Covered lanai in backyard and front of house
• Oval soaking tub in master bathroom and dual vanity sinks
• Separate tub, shower, and toilet in master bathroom
• Grassy park across the street from property
• Approximately 1,930 sf of interior living space not including the garage which is another approximately 400 sf
• Excellent condition
• 3 bedrooms upstairs plus a loft and full bathroom
• 1/2 bath downstairs in addition to the full bathroom in the master bedroom
• 2 car garage
• Granite counter tops
• Stainless steel appliances
• Island kitchen with room for 2-3 chairs at the island
• Central air conditioning
• Fully fenced yard
• Street parking
• Walk to the Hoakalei Country Club golf course and restaurant
• INTERNET, BASIC CABLE TV AND TELEPHONE ARE INCLUDED IN THE RENT!
• Sorry but no pets are allowed at this time regardless of number of pets, breed of pets or size of pets.

This home will be available soon for $3,100 per month. 

Short sales in Ewa Beach, Hawaii are still overwhlming the real estate market.  The two main communities in Ewa Beach are Ewa by Gentry and Ocean Pointe.  These are the current statistics on the short sales in those two communities as of August 26, 2011:                                                                                                                

Single Family Current Active Short Sales:    Ewa by Gentry (40)   and Ocean Pointe (14)
(this includes properties
under contract but not yet
closed)

Single Family Homes Closed Short Sales:  Ewa by Gentry (36) and Ocean Pointe (13)

These statistics represent the Oahu real estate activity as reported to the Honolulu Board of Realtors MLS for the past 6-8 months.

For more information on purchasing a short sale in Ewa Beach, Hawaii or to sell your property as a short sale, contact the Certified Distressed Property Experts at Hawaii Military Realty, Inc.

If Congress confirms the new bill when they return from recess in September 2011, the VA Funding Fee reduction will make Hawaii homes more affordable for Active Duty Military, Veterans and Retirees.  If the bill does get confirmed, it will only apply to VA Loans that close after October 1, 2011.

This is great news for military families relocating to Hawaii who want to purchase a home on Oahu.  While the reduction’s don’t look like much on paper, they actually do provide a savings of up to several thousand dollars due to the high price of real estate on Oahu.

Under the current VA Loan Funding Fee structure, the rates are as follows:

• Active Duty is 2.15% but would go down to 1.4% under the new plan
• National Guard and Reservists are 2.4% but would go down to 1.65% under the new plan
• If using a down payment of 5% or more, the rate will also go down
• If using the VA Loan for a subsequent time, the rate will go from 3.3% to 2.8% for year 2011-2012, 2.15% for year 2012-2013 and 1.25% for loans closing Oct 2013 and later.

For more information on VA Loans in Hawaii and Purchasing Real Estate in Hawaii, contact Hawaii Military Realty, Inc. and ask for David Kucic at (808) 218-9338 or email david@davidkucic.com

Interested in a short sale in Hawaii?  We are your Ewa Beach, Kapolei, Mililani, Makakilo, Koolina Resort, Waipahu, Waianae, Aiea, Pearl City, Pearlridge and Waikele short sale experts!

This video tour takes you through the inside of the Model 30.10 at Ka Makana at Hoakalei located in Ewa Beach, Hawaii.  This is a 4 bedroom, 3 bathroom, single family home with detached 2 car garage.Model 3010 Ka Makana at Hoakalei

For more information contact David Kucic at Hawaii Military Realty, Inc. (808) 218-9338 or send an email request for informatin to david@davidkucic.com

The interest rates for VA loans in Hawaii have continuously trended lower in recent months.  As of last week, the interest rate on a 30 year, fixed rate, Hawaii VA loan was approximately 4.125% to 4.25%.  Each of these different rates had a rebate with the loan.   Whether you are interested in a Hawaii Short Sale, Foreclosure, Lender Sale, REO or Equity Sale, you may be able to use your VA loan eligibility to purchase the property.  Some restrictions may apply especially on Foreclosed Properties.

There are also more opportunities to get an even lower interest rate if you are willing to pay a portion of a point or more.

For more information on VA Loans in Hawaii and Hawaii Homes For Sale, contact David Kucic with Hawaii Military Realty at (808) 218-9338.  Hawaii Military Realty has been and will continue to be the preferred choice for military famlies that are relocating to Hawaii.

If you are thinking about using your VA Loan Eligibility in Hawaii to purchase a home, make sure you are aware of wording for the contract.

With a VA Loan in Hawaii, the “Seller Credit” that is identified in Paragraph C-67 of the Purchase Contract MUST be phrased in a way that the Buyer is able to use the credit to its full extent.

This topic is very important when lenders are offering “Rebates” on loans because the rebate CANNOT be used to pay off debt of the Buyer but if worded correctly in Paragraph C-67, the Seller credit CAN be used to pay off debt.   As of yesterday, one of my Hawaii VA loan officers offered a rate of 4.25% on  a 30 year fixed rate VA loan with a 2 point rebate! 

I am not an attorney or a tax professional but I do know how to ask the right people for the answers in order to get the best deal for my Buyers.  For more information, refer to your real estate professional or give me a call anytime if you don’t have a real estate professional working for you.

Wells Fargo VA short sales in Hawaii are now able to be processed through the on-line Equator System.  This is great news if you have a VA Loan in Hawaii through Wells Fargo.    As an active member of the Wells Fargo Equator System, I am now able to process all of your short sale paperwork via the Internet directly to Wells Fargo.  This is a much better system then the old fax and emailing system where paperwork was always getting lost.

If you have a VA loan in Hawaii and it is through Wells Fargo, contact me for more information if you are faced with doing a short sale.  I can get the job done quickly, effectively and with personalized service while maintaining up to date information for both you the Seller and the Buyers agent.

Hawaii Military Realty, Inc.