Hands down, one of the better benefits of being a military member is the VA entitlement. This affords current or past service members who qualify the ability to buy a home with at times zero to very little money out of pocket. Certain markets for homeownership have historically fared better than others, and Hawaii is certainly one of the stronger markets. Even during the downturn of the mortgage meltdown Hawaii didn’t dip as low as others and also recovered faster than many of the other markets.
The stats support using your VA entitlement to buy a home in Hawaii even if your PCS orders are only three years. After that time, you can hold the property and rent or sell before possibly moving on to your next duty station. Homeownership, when done right certainly, is a great avenue to building long term wealth.
U.S. Military On The Move
As a proud member of the Hawaii Life MST (Military Specialized Team), I am so pleased to announce our affiliation with LeadinRE’s program U.S. Military On The Move. We are the only Hawaii affiliate that is offering a closing credit to a qualified VA buyer or seller who registers for the MOM, Military On The Move program via our Hawaii Life link. The plan details, closing cost estimator, and FAQs are all found on the U.S Military On The Move site. Once there you just have to hit the blue tab and register for the rebate.
The amount of closing credit varies based on the sales amount of the home. This is available to both VA buyers and sellers and in some cases, can be both that register and qualify. At Hawaii Life, we are a full-service brokerage offering top-notch service to our clients. This added benefit only puts more money back into the VA buyers or sellers packet that they normally would miss out on.
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