The Ka Makana at Hoakalei subdivision in Ewa Beach, Hawaii is almost all sold out as of March 10, 2013.  There are currently no available homes with the exception of the 60 series and 65 series homes that along the perimeter of the Hoakalei Country Club Golf Course and along the back perimeter of Barbers Point Golf Course.  Those homes start at approximately 750k and go up to over 1 million dollars.

All of the 20 through 50 series homes have been sold out.  The developer is taking an interest list for people that want to purchase one of the model homes.

The current sales office and parking lot will be demolished and will make way for more townhomes.

Once the building commences in the new subdivision near the 14th green and 15th tee box of Hoakalei Country Club, it will most likely feature different models of homes that have yet to be announced.  Once that information is available, it will be posted on this website.

All of the homes built in this subdivision are VA approved and can be purchased using a VA Home Loan in Hawaii.

For any information on homes for sale in Ewa Beach, homes for sale on Oahu and to reach your local Ewa Beach expert, contact David Kucic of Hawaii Military Realty, Inc.  My company assists Military Families, Retirees, Civilians, DOD Employees, Reservists, National Guard, Government Contractors and ANYONE ELSE that demands no pressure, personalized service.

Are you interested in some investment opportunities in Hawaii real estate?  Some of my clients are interested in selling their homes in Hawaii to an investor because there is a tenant already in place.  For example, one home in the Ewa Gentry subdivision of Sonoma/Prescott is currently rented for $3,000 per month and will sell for around 615k.  With a 20-25% downpayment on an investor loan, that would be an immediate, positive cash flow.  Better yet is the fact that I manage these properties and I could continue to manage it for you.

For more information on homes for sale on Oahu, investment opportunitie

Are you a home owner in Hawaii and considering holding onto your property when you leave Hawaii on Military PCS orders, Retirement Orders or something similar?  What would you do with your house when you leave?  If you plan on keeping the house and using it as an investment/rental property, you should be aware that you could very possibly be subjected to the HARPTA tax which the state of Hawaii taxes people who are non-owner occupants of property and who sell their property at a future date.  For example:  If the Military Servicemember in Hawaii had a home that they used for a rental property after they left Hawaii and then several years later they sold the property, they would almost certainly be subject to the HARPTA tax.  The HARPTA tax is 5% of the amount realized.  If the house sold for $650,000 then the tax would be $32,500.00.  On a $350,000 house, the HARPTA tax would be $17,500.00.  That is definitely something for you to keep in mind if you decide to use your piece of Hawaii real estate as a rental.  Since I am not a tax professional or attorney, I suggest you check out the State of Hawaii Department of Taxation Website for further information and clarification.

For more information on Oahu Real Estate, Hawaii Homes For Sale, Sell and VA Loans in Hawaii, contact the number one, dedicated real estate company in Hawaii that focuses on taking care of their fellow Servicemembers from Hawaii.  Hawaii Military Realty, Inc.  Veteran owned and Veteran operated.

To date, Hawaii Military Realty has closed the following transactions between Jan 1, 2013 and Feb 15, 2013.

• 91-1001 Keaunui Dr #8 $442,000
• 1143 Kaimoku Pl. $2,695,000
• 91-2032 Kaioli St. #6005 $360,000
• 91-950 Laaulu St. #E302 $355,000
• 91-1112 Waihoano St. $653,246
• 91-1144 Kaiee St. $560,000 (Buyer and Seller)
• 87-1815 Polikua St. $485,000
• 91-637 Puamaeole St. #40R $231,000

If you are considering a home purchase in the brand new, resort community of Ka Makana at Hoakalei in Ewa Beach, Hawaii and you want a trustworthy loan officer that is professional, a great communicator, works by the book and is easy to work with, contact Betty Lewis of Central Pacific Home Loans.   Central Pacific Home Loans is an extremely reputable mortgage company in Hawaii.  Their parent company is Central Pacific Bank, one of the largest financial institutions in Hawaii.  Several of my clients that purchased in Ka Makana at Hoakalei in Ewa Beach have used Betty Lewis  and they were extremely happy with her.

Central Pacific Home Loans also is the lead lender for Gentry Homes in Ewa Beach,  Hawaii.  Their loan officers have also helped all of my clients that bought brand new homes in Ewa by Gentry communities such as:  Haleakea, Tides, Trades, Sonoma, Prescott, Woodbridge, Latitudes, Sandalwood and the list goes on and on.  Todd Niizawa, LeeAnn Galapia, Cecilia Vilafuarte and newcomer, Zac Gaynor are professional and awesome to work with.

On a side-note, if you are in the Military and you have been pre approved with USAA or Navy Federal Credit Union, you wont want to use them to purchase a new home in Ewa Gentry or Ka Makana at Hoakalei.  The reason for this is because the developer of these communities will offer special incentives to use THEIR lead lender, Central Pacific Home Loans.  If you don’t use their lead lender, you may not be able to get the substantial incentives such as having your closing costs and loan points paid for by the developer.  That could amount to a VERY LARGE sum of money.  Don’t get nervous about using the developers lead lender because Central Pacific Home Loans has the same loan programs and low interest rates that you will find at USAA and Navy Federal Credit Union.  The developers lead lender also does VA Loans in Hawaii too!

For more information and explanation, contact David Kucic of Hawaii Military Realty, Inc. at (808) 218-9338.

Located in the Arbors which is the ONLY gated condo/townhouse community in Ewa Beach, Hawaii.  This is one of the largest two bedroom units in the Arbors.  Permitted, enclosed lanai makes the living area very open and airy.  This is the most desirable ‘C’ unit with a private fenced, front yard.  Garage is attached to unit. Located just inside the gate and right next to guest parking and swimming pool.  Excellent condition and not a short sale.  Huge 526 sf 2 car garage!!!  This subdivision and community is approved for purchase by a Veteran that wants to use their Hawaii VA Loan Eligibility.  For more information, contact David Kucic, Hawaii Military Realty, Inc. at (808) 218-9338.

Sorry but all of the Hawaii Military Realty, Inc. rental properties are reserved or rented as of Dec 31, 2012.  As rentals become available, I will post them at the top of the list on the “Rental Properties” link on the home page of www.himre.com.

My vote for the 2012 best private country club and golf course on the island of Oahu in Hawaii is Honolulu Country Club.  Great golf course, well manicured, nice greens and fantastic clubhouse facilities.  Management is excellent.  Head pro and apprentice pros are also excellent especially Cameron Kucic.  I long to be a member of a country club that is run by professionals.

The 2013 BAH rates for Hawaii (Honolulu County) have been announced.  The rates are increasing for all ranks.  This information is courtesy of the Department of Defense Finance Office.

With Dependents BAH Rates for 2103

E1 thru E4 $2,172
E5 $2,256
E6 $2,664
E7 $2,835
E8 $3,021
E9 $3,255

WO1 $2,667
WO2 $2,913
WO3 $3,141
WO4 $3,300
WO5 $3,486

O1E $2,874
O2E $3,108
O3E $3,327

O1 $2,301
O2 $2,655
O3 $3,132
O4 $3,558
O5 $3,858
O6 $3,897
O7 $3,933

If you are in the military and are considering purchasing a home in Hawaii, this might be a great opportunity for you to do that.  With the historically low interst rates on VA loans in Hawaii, the high BAH rates and the shortage of rental properties, there is no better time to be an owner/seller/landlord/investor.  I also manage rental properties and I have ZERO available.  All of my rental properties are currently occupied yet my phone continues to ring daily with calls from Service Members that are looking for homes to rent.

For more information on purchasing a home in Hawaii, selling a home in Hawaiii or how you can use your BAH to build wealth for yourself, contact David Kucic, First Sergeant Retired, President/O

There is a severe shortage of homes for sale on Oahu, Hawaii.  This is both for existing homes and new construction.  Buyers and their real estate agent need to be ON TOP OF THE MARKET or they will miss out on the homes that come on the market.  If a new property comes on the market, you MUST go out to see it as soon as possible because if you wait til the weekend or until the next week, the house will most likely be taken by someone else assuming it is priced correctly, it is in decent condition and it is in a good location.  For new home sales, developers are using the “lottery system” to sell houses.  Yes, that’s right, people are having to “win” the right to buy a home in Hawaii!

A few of the hottest markets are Ewa Beach, Kapolei, Makakilo, Koolina, Mililani and Waikele.  For more information on Hawaii real estate, Short Sales in Hawaii, VA loans in Hawaii and any other real estate information on the island of Oahu, contact David Kucic of Hawaii Military Realty, Inc.