Kapolei, HI

If there is a better place to live than Kai Lani, I just haven't found it!


I can't promise the rainbow, but this is from the lanai

It is my pleasure to be able to offer this Oceanfront home complete with the furnishings as you see the home for sale. Located in the gated community of Kai Lani at the Ko Olina Resort and Marina, this property has one of the best unobstructed ocean views you can find. For the full specs on this new listing, MLS details .

This is one of those unique properties that is perfect for a primary residence, a second home or as an investment as a vacation rental and just save a month or two for yourself and your family. Should we go inside?




Kai Lani is a small neighborhood with only 30 buildings sprinkled over nearly 11 acres and each building has 2 ground floor units and 2 upper units. This particular building was chosen by the developer as the building he wanted because of it's privacy and view. The developer had first pick of the building he wanted and now you can have the same.

Here is a view of the Master Bedroom as it is furnished and don't forget that the view from the double windows with plantation shutters faces the ocean.


The living area is very large with an open floor plan including the kitchen, dining room and living area with fantastic views from anywhere in the area.



As you are walking back from the beach, this is how your new home will look to you as you approach it from the ocean. The HOA fees include all exterior maintenance, landscaping and yard care, exterior building insurance, pool, and membership to the Ko Olina Sports Club which includes a gym, tennis courts and discounts throughout the resort.



And in case you were wondering, here is the beach you'll be walking
back from with Kai Lani in the background.



Priced at $999,000 this offers ocean front within a community in a Resort location where 5 star hotels, a LPGA golf course and a world class marina are located. Currently Disney has chosen Ko Olina as the site of their latest property and is currently under construction with a completion date of August 2011. If you've always wanted a place in Hawaii, I would encourage you to seriously consider this property while the prices are low and the best is available.

As always, you may contact me by email, Contact Michael or give me a call at (808) 225-3660 for information on this or any property in Ko Olina.

Mahalo,

Michael Hege' RA, CDPE
Certified Distress Property Expert
Kapolei Realty, Inc
HomesOahuHawaii.com
KapoleiToday.com

recently I have been trying to figure out why the VA Loan is such a tough sale.

After-all it is 100% financing and BAH is already being received. As long as a military

member retains employment their Mortgage is going to be paid on money that was

100% leveraged. BAH stands for " Basic Housing Allowance" and it is monies that

is given to service members towards housing expense. In Hawaii the amount of BAH that is paid is very high

as housing is more expensive then most other parts of the United States. The average BAH

should support a mortgage payment on a home purchase of around $330,000. In many parts if the United States

$330,000 will buy 2500 sq feet with some land and a two car garage. In Hawaii that will buy

a 1300 SQ foot condo. To most it would seem very expensive for what one can get in Hawaii

compared to where they come from. Guess what? it is expensive, however home ownership is not only about

having a box of wood around you, it is also an investment. In addition why would one want to throw

away $22,000 - $36,000 a year without any investment or write off to benefit from? If you

are a military member that happens to be reading this please feel free to contact me

and find out the truth about the VA Loan. Thank you for your service.

That's all Folks

just some humble advice to all in our profession. when gathering your facts and information on your interview don't forget to ask a the crucial question " do you have any military service" If so chances are you have a transaction that will stick as long as your loan officer is experienced with VA transactions. If they don't know the basics run for the hills because the transaction will be a nightmare. Here are some basic questions.

1.Q. who is the head of the appraisal department at the va

A. Ray Chang

2. What is the max lending limit with 0 down

A. $783,750

3. what is the minimum mid fico score

A. 620

4. who is entitled to more money coast guard or navy?

A. all service members are entitled to the same amount

5. where does one go to get a VA certificate of eligibility?

A. VA Portal

These couple of very basic questions can mean a lot less headache for you and your client.

Thats all Folks

Luxury in Paradise

It is a true pleasure to be able to offer this property for long term lease. One of only 60 single family residences in the entire Ko Olina Resort. This home overlooks the signature 18th green and across to the Ko Olina Golf Club and Roy's restaurant. Ko Olina Kai Golf Estates & Villas is a gated community within the Ko Olina Resort and Marina. I took this picture from the back yard of the home being discussed.




This marvelously landscaped yard comes complete with it's own gardener so all you have to do is enjoy it. Professionally landscaped front and back yard, lush lawns with automatic sprinklers and a large covered flagstone Lanai with a BBQ and walkway that wraps around the side of the house to the front yard all combine to make this a home that will invite outdoor living.



But what about the inside you say. Hang your clothes in the closet and enjoy this exquisitely appointed home. Remember it is being leased as you see it (with the exception of one or two pieces of art and personal belongings). Ready to go inside?

Rattan, teak, Hawaiiana art and open living make up the theme of this home. This home has been a valued retreat for the owners for the past four years and has never been available as a rental before. You will find yourself enjoying the thoughts and taste of the owners for the past four years in every nook and cranny of this property.




Stainless whirlpool appliances, every thing you could possibly desire in terms of kitchen ware, cookware and dish ware is already there and waiting for you to discover.


Large screen TV, comfortable couches and chairs, open floor plan with 3 bedrooms, 2 and 1/2 baths make for 1,865 feet of comfort and relaxation. The central living area has 2 glass sliding doors that open to the backyard lanai and views of the golf course from any where in the living area. Open the doors and enjoy the Trade's or use the central air to keep the temperature just the way you want it.




This large master bedroom has windows facing the back of the house for privacy and the best views. A full bath with double vanity, walkin closet, separate shower and tub truly make a master suite.



Don't you just love it?



The second bedroom is great also and is set up as a bedroom and the third bedroom is currently furnished as an office. A full bath shared between the second and third bedrooms provide a certain amount of privacy for these two rooms and a powder room off the living area completes the package. The garage is a two car garage with drive way parking allowed for a total of up to 4 cars in total.



Don't forget... all the gardening, front and back is not your concern. It's a well known fact that there is no yard work allowed in paradise.

I suppose it's time to talk money. It is preferred to have a 12 month lease. Shorter than a year will be entertained and longer that a year will receive preference. Rent is $4,250 per month plus the GET tax of 4.5% which brings the total rent to just under $4,450 fully furnished inside and out with water, sewer, trash and all yard care included. The person who lives here will be responsible for their own consumables of electrical, cable, phone and internet services.

Don't forget the pool!



Lease of this property will also include a membership to the Ko Olina Sports Club at no cost to the tenant other than the initial $25 charge for each of your 2 membership ID's. This includes 2 tennis courts (with night lights) a fitness center, discounts throughout the resort including GOLF at the Ko Olina Golf Course, restaurants in the resort and excursion activities. If you would like a copy of the last newsletter, let me know and I will email it to you. My favorite discount with the Sports Club is 9 holes after 3:30 pm for $30. One person under 17 can join you for free!



Tennis anyone? 2 courts with lights on until 10 pm. Another reason the location of this unit is excellent is because there is a path from Ko Olina Kai to the golf course that starts a few houses away and the fitness center and golf course are across the parking lot from the Country Club. So... that puts you less than a 5 minute walk from Roys Restaurant and Bar or tennis and exercise. Down the path and left to award winning food, sushi and drinks or right to the gym. These are the hardest choices you'll have to make here.



There is a complete photo set for view on Flickr. If you'd like to see more pictures, CLICK HERE . If you are not as familiar with Ko Olina Resort and Marina as you'd like to be, you can visit their website and learn more about the 4 lagoons, world class marina, golf course and general lay of the land.

I'd love to hear from you if you have any questions give me a call or or you may contact me by email here CONTACT MICHAEL . I would be honored to have the opportunity to show you this property or help you in any way I can with your housing needs in the Ko Olina area.

Lastly, if you own property in Ko Olina and have considered having a professional management service manage your property, Kapolei Realty, Inc has been managing property in the area for over 15 years and is a locally owned company with an impeccable reputation. I would be more than happy to explain our property management program to you!

Mahalo for your time and interest.

Michael Hege' RA
Kapolei Realty, Inc
(808) 225-3660
www.HomesOahuHawaii.com