va buyers objection #200 Ewa Beach, HI

One of the most frequent objections I hear to not wanting home ownership is " I'm only going to be here three years" Lets examine that just a little. Firstly If they are an E-5 they are going to be throwing away about $60,000 just in BAH. In addition there is no tax write off. Most people forget that a huge advantage of home ownership is to fight uncle Sam. I recently heard someone tell me that they don't want to own because its too expensive to pay for utilities. Folks base housing is not free. I have heard alot of objections in the face of fear, but the one objection that reads loudest is " I am only going to be here three years." There our two fears going on in the mind at this time. 1. will I be able to get renter's and 2. my Bah could potentially be alot less at my next station. Currently there is a huge shortage of base housing. Chances are a renter should be pretty easy to come by especially when people are so very scared to own. In addition if you are charging $1000 for a room it will cost much less for someone to rent your room then to stay on base and have their BAH taken away. There is a good chance that they might not be able to completely cover their full Mortgage payment. Lets say it short by $300. In addition a property manger is hired at 10%. Effectively there is a $500 loss. Firstly some of that loss will written off come tax time. Second if someone told me that i could have a free and clear title to a home in Hawaii in 30 years and all I had to do was pay $500 a month, i would more then take them up on that. Home-ownership is affordable in Hawaii, especially if you are brave enough to have served our country.