Tag Archives: hawaii military realty

Feb 14, 2021 Hawaii Veteran Buyers Using VA Loan: Buyer Beware

This market on Oahu is crazy as we are all aware.  It’s really a great time to be a Seller for many reasons during these times.


My concern is with our Buyers, specifically our VA Buyers who are doing 100% financing as most VA Buyers do and then needing to leave on PCS orders in 3 years.

We have no idea how long this Sellers market will last and when it will swing back in favor of Buyers.  Once the market shifts back to a Buyers market, there is more competition amongst Sellers to attract Buyers and one of the ways they do that is by offering things such as lower price and paying for some or all of the Buyers closing costs.


If our VA Buyers are unable to sell their homes because they would have to come out of pocket with cash in order to sell, then their next logical choice is to turn it into a rental property.  That is great as long as the Owner is able to “eat” the shortage each month.

For example, let’s say Sergeant Smith buys a condo in Ewa Beach for $425,000 with 100% financing.  The maintenance and HOA fee is approximately $550 per month.  The mortgage payment would be about $1,625 per month.  That’s $2,175 total.  Those units rent for about $2,000 per month.   The property manager gets $200.  The GET that the owner pays is $120 per month.  This means that Sergeant Smith would be upside down by $495 per month and that doesn’t include any repairs that might need to be made.  


Please think about your future when purchasing a home rather than just jumping in without the knowledge of what could potentially happen in the future.

$765,000 Just Listed Ka Makana at Hoakalei Resort in Ewa Beach, Hawaii Feb 1, 2021

Great house. Great neighborhood. Owned PV panels. Two car garage. Three bedrooms, 2.5 Bathrooms. 1,500 SF interior. Come to our Public Open house on Feb 3rd from 10am to 12 noon or on Feb 6th from 2 to 5 pm.

www.BaylyBuck.com
www.BaylyBuck.com
www.BaylyBuck.com
www.BaylyBuck.com
www.BaylyBuck.com
www.BaylyBuck.com
www.BaylyBuck.com

January 2021: Rentals in Hot Demand in Ewa Beach, Hawaii

Its a trickle down effect. Buyers cant buy homes because there is too much competition and the Buyers cant wait forever so they are now turning to renting homes in Ewa Beach, Hawaii or moving into government housing. Its really a shame that these Buyers are not able to be competitive enough to buy homes but its all about “who has the most liquid cash to pay above the asking price for a house?” Typically, that is not my brother and sister Veterans that have this type of liquid cash so they are being priced out of the market. This makes renting a home even a difficult task for some Military Families since they are unable to purchase homes and now there is even competition for rental homes. Some of the most desirable areas in Ewa Beach, Hawaii such as the Hoakalei Resort properties of Ka Makana, Kuapapa and Lei Pauku, Ocean Pointe, Ewa By Gentry homes in all neighborhoods including Sonoma, Prescott, Haleakea, Cypress Point, Woodbridge, Carriages, Parkside, Tuscany, Montecito, Las Brisas, Tiburon, Cortebella, Terraza, Tides, Trades, SeaBridge, Coral Ridge, Latitude and Sandalwood to name a few.

Bidding Wars on Ewa Beach, Hawaii Homes Continues Into 2021

The inventory of homes for sale in Ewa Beach, Hawaii is minimal. There are a ton of Buyers looking for homes. Interest rates are low. Combine those 3 things and you have “bidding wars” on homes. In the past 2 weeks, we have had Buyers make offers ABOVE the list price by many, many thousands of dollars only to get beat out by someone that was willing to go higher. Two of the properties had a total of 28 offers and another one had 22 offers. Thats very hard to compete with if Buyers are not willing and/or not able to pay a higher price and have disposable cash to make up the difference between the appraised value and the inflated price they have to pay just to get the house.

Golf Course Frontage Homes For Sale Hoakalei Country Club Ewa Beach, Hawaii

Golf Course Frontage Homes Currently Available For Purchase in Ewa Beach 12.10.17

The following homes are currently available on the home sale market.  All of these homes are located on Hoakalei Country Club Golf Course in Ewa Beach, Hawaii.  Hoakalei CC is a private club and is the TOP golf course on the island of Oahu.  For more information on these homes or any other homes for sale in Hawaii, contact Hawaii Military Realty, Inc. at (808) 218-9338.  We are your Buyer, Seller, Landlord and Tenant experts in Hawaii.  Our real estate agents with Hawaii Military Realty, Inc. own homes in the neighborhoods listed below so we are your best source of information.  These homes are all approved to be purchased with a VA Home Loan in Hawaii.

  1.  Located on the 9th hole, this 60.40 model has 5 bedrooms, 4.5 bathrooms, a two car garage plus a one car garage, 3,539 interior square feet, a full owned photovoltaic electric system.  The house is located far enough down the 9th fairway to be out of the range of being hit by golf balls.  Price is $1,300,000.00.
  2. This 60.30 model home is one of the only homes currently available with a large yard that can fit a swimming pool.  This home is located on the 11th fairway and is definitely out of range of being hit by 99% of golfers.  If a golfer hits this house with a golf ball, it was most likely the worst golfer on the planet.  Featuring a 3 car garage, 5 bedrooms, 3.5 bathrooms, a 6,810 SF lot, 3,709 interior SF, Tigerwood flooring and many more upgrades.  Price is $1,299,000.00.
  3. Located just behind the 14th tee box, this 60.50 model home is the only single level home currently available for sale on Hoakalei Country Club Golf Course.  It has 3 bedrooms, 2.5 bathrooms and 2,175 SF interior.   It also has a 2 car garage and driveway parking for 2 more cars.  Very nicely upgraded and in excellent condition.  Price is $1,279,000.00.
  4. With a very nice view, this 65.10 model home features 4 bedrooms, 3 bathrooms, 2,536 SF interior, a 2 car garage and driveway parking for 2 more cars.   This home is also one of the few that has a yard large enough for a swimming pool and is located away from the golf ball kill zone overlooking the 9th fairway and 9th green.  Price is $1,250,000.00.
  5. Located in the gated community of Kipuka at Hoakalei, this home overlooks the 17th fairway.  It features 4 bedrooms, 3 bathrooms, 2,197 Sf interior, 2 car garage, driveway parking and is priced at $960,000.00.
  6. Also located in the gated community of Kipuka at Hoakalei, this corner lot home has a beautiful view of the 14th green, lake and 10th fairway.  It features 4 bedrooms, 2.5 bathrooms, 2,072 SF interior and a 2 car garage.  Price is $940,000.00.

Hawaii Military Realty Home For Sale in Hoakalei Resort, Ewa Beach, Hawaii

Another beautiful Hawaii home for sale by Hawaii Military Realty, Inc. in Ewa Beach, Hawaii.  Large corner lot in the resort community of Ka Makana at Hoakalei.  One Bedroom and full bathroom on first floor. Upgraded carpet and padding and ceramic tile. This is the only 40.40 model that has a stucco wall on the exterior front lanai area.  In place of 5th bedroom, there is a wonderful retreat in master bedroom. This corner lot has plenty of space for backyard pkg slab or mother-in-law suite.  Basic cable TV, high speed cable/internet, home telephone, use of community swimming pool, tennis courts and fitness center and maintenance of the common areas in the community are all included in the monthly HOA fee of $203 per month.  This home is approved for purchase with a Hawaii VA Loan and is located where many Service Members live who are stationed at Schofield Barracks, Wheeler Army Airfield, Hickam AFB, Pearl Harbor, Camp Smith as well as Marine Corps Base Hawaii located in Kaneohe.

Single Family House For Rent in Ewa Beach, Hawaii (3 bedroom with loft and 3 full bathrooms)

This is a very nice, clean home in a family friendly neighborhood. This home has a bedroom and full bathroom on the first floor and a large loft on the 2nd floor in addition to the 2 other bedrooms and 2 other full bathooms on the 2nd floor. Nice deck off the master bedroom. Island kitchen, stainless steel appliances and very nice front loading, large capacity Samsung washer and dryer.  Two car garage with street parking. Fully fenced yard with sprinkler system. Central air conditioning and solar hot water. This home is available on July 4th.  Call David Kucic at Hawaii Military Realty for more information.  Rental price is $2,800 per month.

Ewa Beach, Hawaii and The Woodbridge II Neighborhood

Ewa Beach, Hawaii features 2 major builders of homes.  Gentry Homes and Haseko.  Both developers produce a great product and the owners in each of these builders homes seemed to be very satisfied.  I personally own a few of the homes in these neighborhoods myself and I also live in Ewa Beach so I speak based on personal experience.

This video clip gives you a quick glance at one of Ewa by Gentrys neighborhoods in Woodbridge II.  These homes are large, spacious and very desirable.  Woodbridge II is located off of Hoowalea St at Keaunui Drive across the street from the new Hoalauna Park with the dog park, exercise equipment (par course equipment) and playground equipment.  Click on the hyperlink below to view the video.

For more information on buying or selling homes in Hawaii and in Ewa Beach, please consider contacting someone who knows and lives in the community;  David and Tonya Kucic of Hawaii Military Realty, Inc.

Ewa Beach, Hawaii Woodbridge II  Video

Featured Ewa Beach Neighborhood: The Tides at Laulani

This featured video from Ewa Beach, Hawaii shows “The Tides at Laulani”  This subdivision is located at the intersection of Kapolei Parkway and Keaunui Drive and located across the street from the new Ewa Makai Middle School.  (See link below to view video).

The homes in The Tides at Laualani were built within the past 2 years by one of Ewa Beaches best developers, Gentry Homes.   The Tides has 3 and 4 bedroom homes ranging in price from the high 300’s to the mid 400’s.  All of the new homes have been sold out and the new phase of “The Trades at Laualani” is now being built right next to the Tides.

All of these homes are eligible properties for Military Veterans that want to use their Hawaii VA Loan Entitlement.  Conventional financing is also acceptable.  For more information on Ewa Beach, Ewa Beach neighborhoods and Ewa Beach Homes For Sale, contact David Kucic, Hawaii Military Realty, Inc. at (808) 218-9338 or send email to:  david@davidkucic.com

Click here for the Video Tour of “The Tides at Laulani in Ewa Beach, Hawaii”