A new home is just one thing that comes with moving to Hawaii, and with the state’s booming real estate market, you may not even need one.
Here are six ways to get your dream home built.
Live in Hawaii for three years.
If you want to buy a home in the Big Island, Honolulu, Maui, or Kauai, Hawaii’s capital city, you must live in a place that’s at least 50 percent affordable to average families.
That means you must be able to afford rent, utilities, and other costs associated with living there for a full three years before you can even consider a move.
Go for a smaller home.
If, for some reason, you decide to move to Hawaii and decide to get into the market, don’t be fooled into thinking you’ll be able afford a smaller house.
While you might not get the exact same size as you would if you lived in California or New York, you will get a lot more space, especially if you rent.
The median size of a Honolulu home is 575 square feet, and the median size for a Maui home is 500 square feet.
To help you save on housing costs, you can move your home within a year of moving into the state, even if you aren’t planning on moving.
So if you’ve already been living in the state for three months, you don’t have to go through the process of moving your property every time you move.
And you’ll still be able buy your home in six months.
While there are plenty of places in the world where you can rent an apartment, Hawaii has one of the lowest rates of rent in the country.
If that means you can keep living in your home, it can save you hundreds of dollars over the long term.
Keep the house clean.
The average Hawaii home has at least one of four different types of plumbing, which means you’ll want to keep your house in good repair.
And there’s always a risk of mold growing in your new home.
Go the traditional route.
The state of Hawaii doesn’t have any formal rental housing regulations, so you can take the traditional way.
That’s to rent your home to someone else, which could include moving to another city or country or even staying in your old home.
You might have to pay more for that.
But if you’re a renter, you’ll save money.
You’ll also have a much more secure base to build your new house from.
Hawaii offers homeowners insurance and a state tax deduction for down payments, but that’s not a good enough reason to get the help you need.
You also can’t get a mortgage from your state if you don, or haven’t, met the income threshold to qualify for a mortgage.
If your income is less than the income guidelines, your lender will probably want to cut you a check to help pay off the mortgage.
And if you live in Hawaii and can’t find a home, you might be able look into buying a condo.
That way, you could be on your way to living in Hawaii in less than a year.
The good news is that you don�t have to get rid of your current home to do this.
You can keep it, move in, and get on with your life in Hawaii.
You don’t need to go into debt to buy your dream new home, and you can get it without having to take on any new debt.
Read more about Hawaii.