schofield barracks: Military Construction Budget for Hawaii May Triple - 02/11/07 08:26 PM
If President Bush's budget, that is currently before congress passes the military would spend $553 million on construction projects in Hawai'i next year..
The llist of projected construction items for Hawaii:
$99.9 million facility at Pearl Harbor to help submarines maintain their stealth.$16.5 million expansion to the Air Force's surveillance operations center at Hickam Air Force Base.$65.4 million for a Naval Computer and Telecommunications Area Master Station in Wahiawa. $121 million for barracks at Fort Shafter, Wheeler Army Air Field and the Marine Corps base in Kane'ohe.$136.3 million to continue building a National Security Agency regional operations center.$88 million to continue the 20-year … (4 comments)

schofield barracks: Military Bases are a Great Source of Clients - 11/13/06 12:37 PM
If you are near a military base there are many opportunities for selling homes and picking up buyers.
Active duty military not only a base pay, but a housing allowance.  In expensive places such as Hawaii they also receive a cost of living allowance.
           
VA Loans have been an extremely effective tool in my business.  Most of my buyers have been either active duty military or retirees.
One great resource for posting your listings if your are near a base is the DOD referral website:  http://www.dodreferral.com/index_mil.php  I post all listings in the area there.  It is free and the response rate has been … (10 comments)

schofield barracks: VA Loans are Such a Powerful Benefit/ Tool - 11/05/06 08:15 PM
                                                                                                                
I am so amazed by how many Realtors and lenders in Hawaii shy away from VA loans.        
The VA does not look at credit scores, making qualifying easier in some cases            Lower closing costsLower monthly payments; Federally guaranteed, no risk to lender, no mortgage insuranceAutomated loan processing in most cases.  Can close faster than conventional loans in most transactions.One of of the few types of mortgages that are assumable.  A potential big deal in the future if interest rates were to climb.Higher closing rate for VA loans over conventional loans.The VA cap in 2006 is $625,000.  The Honolulu Basic Housing Allowance (BAH) … (2 comments)

schofield barracks: Mililani, Hawaii - A changing market, many opportunities - 11/05/06 07:40 PM
Inventory has grown since last year, prices are up, interest rates are down.  What does it all add up to?  Those looking to upgrade their home are realizing this is a time of opportunity.
Home prices in the Mililani area are still high, but appear to be leveling and possibly beginning to soften.  With interest rates still low it may be a good time to move your existing property.
With an ever growing inventory of homes on the market, shopping for a new home is appearing to be the land of opportunity.  This may also be a good time to lock in interest rates.

(2 comments)

 
Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) Rainmaker large

Randy Prothero

Hawaii REALTOR, (808) 384-5645

Mililani, HI

More about me…

eXp Realty

Address: 100 Kahelu Ave. Ste 233, Mililani, HI, 96789

Office: (808) 625-5057

Mobile: (808) 384-5645

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