Kipuka at Hoakalei is the newest residential neighborhood in the resort area of Hoakalei located in Ewa Beach, Hawaii.  This Residence Three home has approximately 1,714 interior square feet.  The Residence Three has 4 bedrooms and 2.5 bathrooms with prices staring around $638,900.  This Residence Three home is part of the Garden Series which are the interior units within the Kipuka gated community.  The other residential properties are of the Golf Series and those are golf course frontage lots along the 15th, 16th and 17th fairways of Hoakalei Golf Course and Hoakalei Country Club.  For more information on Ewa Beach homes for sale or any other houses for sale in Hoakalei Resort, Ka Makana at Hoakalei, Ewa Beach, Oahu, Hawaii VA Home Loan information, contact your Ewa Beach, Hawaii real estate experts at Hawaii Military Realty, Inc. (808) 218-9338.  Hawaii Military Realty, Inc. is Veteran owned, Veteran operated, Veteran managed and services Active Duty Military, Retirees, Veterans, National Guard, Reservists, Department of Defense Employees, Government Contractors and any civilian that demands knowledgeable, honest, caring and loyal real estate services in Hawaii.

Hawaii Military Realty, Inc. just sold another home!  Located in the Kai Nani neighborhood of Diamond Head.  For more information on Homes For Sale in Hawaii, contact Hawaii Military Realty.

We have been contacted recently by a few homeowners in Hawaii  who are interested in selling their houses.  These are a few properties in Ewa Beach, Hawaii that will be coming available on the market soon.  Since homes are so hard to find in Ewa Beach right now, we wanted to let you know about these few before they are posted on the Hawaii MLS.

1.  Gated community of the Arbors in Ewa Beach, Hawaii.  This is a 2 bedroom, 2 bathroom condo with 1,257 sf of interior living space and a HUGE 526 square foot 2 car garage.  The model is known as a “C” unit which is one of the most desirable units because it has a downstairs, private fenced in yard and the unit is above its own garage.   Many of the other units in the Arbors are above other neighbors garages.  This home should be available for purchase in January 2013 for $360,000.  For more information on this future home for sale in Ewa Beach, contact Hawaii Military Realty.  This home IS approved for purchase by a military veteran wishing to use their VA loan eligibility in Hawaii to purchase this home.

2.  Very large single family home on a perimeter lot with no rear neighbors and unobstructed city and mountain views.  This home is located in the upscale Haleakea neighborhood of Ewa Beach, Hawaii.   Featuring 4 bedrooms and over 2,600 sf of interior living space and an attached 2 car garage.  It also has a separate studio that can be used as an office or extra bedroom.  The studio has its own private entrance.  This home should be available for purchase in December 2012 or January 2013 for $770,000.  For more information on this future home for sale in Ewa Beach, contact Hawaii Military Realty.  This home IS approved for purchase by a military veteran wishing to use their VA loan eligibility in Hawaii to purchase this home

3.  Single family home located in the Ocean Pointe neighborhood in Ewa Beach, Hawaii.  This home has 4 bedrooms, 2.5 bathrooms and a detached 2 car garage.  There is also a double wide gate and a concrete slab in the backyard that will allow parking of an additional car, boat or over-sized vehicle.  This home has approximately 1,700 sf of interior living space.  This home should be available for purchase in December 2012 or January 2013 for $560,000.  For more information on this future home for sale in Ewa Beach, Hawaii, contact Hawaii Military Realty.  This home IS approved for purchase by a military veteran wishing to use their VA loan eligibility in Hawaii to purchase this home

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 Laulani Shopping Center in Ewa Beach, Hawaii is moving ahead quickly and is estimated to be open by the end of 2012.  I stopped by the construction site yesterday after noticing a sign that named some of the businesses committed to taking up residence in the shopping center.  Among those names are:  Safeway Grocery Store, City Mill home improvement store, Walgreens, Petco and Ross.

The addition of this shopping center will bring a lot of relief to the always congested Foodland/Longs Drugs shopping center at the intersection of Ft. Weaver and Geiger Road.

With the volume of real estate sales in Ewa Beach currently running very high and the inventory of available homes very low, the addition of the Laulani Shopping Center will add to the rise in home prices in Ewa Beach.   People often complained about there not being enough shopping in Ewa Beach but that will soon take a drastic change when the new shopping center opens.

For more information about homes for sale in Ewa Beach, homes for sale on Oahu and information about the neighborhoods in Ewa Beach, contact David Kucic at Hawaii Military Realty.  David is your #1 source of information for Ewa Beach real estate.

Did you know that you can use money from a VA Loan in Hawaii to pay off credit cards, student loans or other consumer debt?  Its not illegal and it is not a secret but many Hawaii Military Veterans don’t know how to benefit from this and many Hawaii Real Estate Buyers Agents don’t know how to word a contract correctly in order for you to take advantage of this.

The bottom line is that you can get a credit from a Seller of a home in Hawaii or a credit from a developer of a new construction home in Hawaii and use it to pay off your consumer debt.   This can only be done with a Hawaii VA Loan and not other loan programs.  For example:  If you buy a $400,000 single family home on Oahuand the Seller credits you $15,000, you can use some of that money to pay off consumer debt in conjunction with your Hawaii VA Loanin addition to using the money to pay off your closing costs and prepaids.  In the past, Buyers that I have represented have paid off car loans, credit cards and student loans in conjunction with the purchase of their homes in Hawaii.

Call or email me if you would like any additional information.  To search the Oahu MLS for properties for sale on Oahu, visit my homepage at www.himre.com and click on the link to search for homes.  My website is linked directly into the Oahu MLS and you will see ALL properties for sale on Oahu.

This is something that you should know about a VA Loan in Hawaii.

Assuming you are  eligible for a VA Loan in Hawaii and have enough active duty service to qualify for the lowest “VA Funding Fee”, you will pay an additional 2.15% of the loan amount (3.3% if you are using the VA Loan for a second or third time) when you purchase a home in Hawaii.  Conventional loans have “Mortgage Insurance” when the down payment is less than 20%.  VA Loans in Hawaii have a “VA Funding Fee“.

The difference between the Hawaii VA Loan and the Conventional Loan in Hawaii is that the Mortgage Insurance is an additional monthly charge that you pay on top of your principal, interest, taxes and insurance.

With the VA Funding Fee, the 2.15% gets “rolled into the loan”.  For example, if you buy a piece of real estate on Oahu for $400,000, your actual total loan amount will be 400,000 + 2.15% = $408,600.

The purpose of the VA Funding Fee on Hawaii VA Loans is the same as Mortgage Insurance on Hawaii Conventional Loans:  They insure the lender in case the Buyer defaults on the loan.

For more information on purchasing real estate in Hawaii or to view properties on the Hawaii MLS, visit my homepage and click on the Quick Search Tab.

Aloha and Happy House Hunting!