Help for Military Families Relocating to Oahu

One of the struggles for military families is the need to relocate often. To make the process easier and faster, most families rent living space wherever they go. The landlord takes care of maintenance and repairs so there are no worries about those expenses. Depending on where the service member is relocated, monthly rent may be cheaper than a mortgage payment.

This allows the family to save money and meet other expenses, such as car payments, groceries, and utilities that are not included in the rent. Specific housing allowances for several counties in Hawaii are available on one real estate website. Take the time to learn about soldbyshannonhi and begin to compare the costs of buying and renting

High Rents in Hawaii

The demand for rental space in most parts of the Hawaiian Islands is high in the current market. Those circumstances naturally mean monthly rent is considerably more expensive than a mortgage payment. It is worth the time to consult a military Realtor Oahu by visiting soldbyshannonhi.com to explore the options and get the most benefit from the basic allowance for housing (BAH).

A Realtor who is also a Military Relocation Professional (MRP) has participated in additional education regarding finding housing for families that takes full advantage of all the supports and benefits offered. Working with individuals and families in military service requires an understanding of how allowances for housing are determined and the challenges that come from moving often.

The Benefits of Buying in Hawaii

The most stabilizing benefit is that each mortgage payment builds equity in the property instead of going to someone else. There is nothing to show for a full year of paying rent, but the equity built on the property is visible in the bottom line of the total value. Another benefit is the investment in the future. Once the tour is done, the service time expires, or retirement arrives for the career service member, there will be a home waiting in paradise. In the meantime, if relocation is necessary, the home can be rented for additional income.

The opportunity to select the type of home purchased, the layout that suits the family needs, and the yard desired is not available when renting living space. Options may be limited, so the family adjusts to the next best thing. The place may be a nice house, but it is not quite a home because there is nothing that reflects the personalities of the family members. After a few years of living under those circumstances, making changes at will is a wonderful freedom. Visit www.soldbyshannonhi.com to review listings.