My husband and I would like to move our family (4 children) to hawaii in the next three to five years we live in the midwest now. He will be a massage therapist and I will be an admin. asst.. We would like to buy our first home there but we don't have huge downpayments and we know our credit is considered average. I would like to know if there is any loans or grants or more reasonably affordable housing to be had and what the average income of a first time home buyer there is. anything helps plz. THANK YOU.
2006-11-12 00:22:32 · 6 answers · asked by sweet lily 1 in Business & Finance ➔ Renting & Real Estate
That's a tough question.
Purchasing a house in a good neighborhood will be tough. You will have some challenges. I know lots of people with kids who have done it but they had good paying jobs lined up before they moved.
It can get boring for some people. You might get island fever more quickly if you live somewhere besides Honolulu where there are fewer people and places to go.
It's laid back and that's great on vacation, but it seriously bugs some people, especially "Type A" people who work fast, are on time and expect the same from others.
Not much racism that I've seen. Everyone is a minority. I am a Caucasian and I've never had a problem.
However... There is a lack of trust with people who are new to the islands though. This is usually misinterpreted as racism.
Many of the locals have known their friends all their lives. It can be hard to make new friends because most people have enough friends that they relate to as if they were a big extended family. It can be difficult to break into such closely nit groups of people.
Some people have culture shock. No people who can relate to relate to you, your music, food preferences, life experiences, etc, etc... It's a drag for people who are not open to new things.
Many Caucasians who recently arrive believe this lack of trust inability to assimilate with the locals and make friends is due to racism, but from my experience, it's not. That's just the way it is.
If you're a flexible type of person, you'll probably love it. If you're set in you're ways... You'll probably want to leave after a while so you can surround your self with others who share your preferences, tastes and have had more similar life experiences.
My boy was born here so he should do just fine in school. However your 4 kids might not do so well for the reasons above.
It is like moving to a foreign country. Everyone speaks English but it's just different. It's hard to explain.
Visualize what it would be like for an English speaking family from India to move to a small town in Texas. Even though everyone speaks English... The new kids from India might not be able to make friends very easily with the local Texas kids.
Getting a Job...
It's hard to get your foot in the door. People are understandably very reluctant to give newcomers a chance. It can be very difficult to get any kind of job at first for an outsider. Every employer and landlord has been burned by someone who got island fever and left as soon as they were getting good at their job.
Same with landlords. People pay rent once, get homesick, can't find a job or whatever and never pay again until they are evicted and move back to the Mainland.
No job means no apartment. No apartment means no job.
I lived in a rental car for a while. It took me several weeks to find an apartment and about two months to get my first crappy job telemarketing.
After that... it was smooth sailing. Being able to say that I had a job, but was looking for a better one was 100% different than saying that I just got off the plane and was looking for my first job. (World of difference)
That worked for me... But... I didn't have 4 kids.
Again... I love it here. My boy loves it here. Hawaii is a great place to live and grow up as a kid, but it's not for everybody. It's a better place to live for people who were born here than for people who move here.
Aloha,
Dave.
2006-11-12 14:32:06 · answer #1 · answered by Hawaii SEO 2 · 0⤊ 0⤋
Jump on the internet and find some Realtors in Hawaii. There might be parts of Hawaii that are more affordable than the others.
Next have the Realtor refer you to some great banks and or mortgage brokers over there. Talk to those bankers/brokers.
Between both sources they will let you know what you can or cannot afford. They are a wealth of knowledge.
Both will know of, if any first time home buyer programs or other great bank programs suited for you and your family.
Don't let anyone discourage you from moving there if you can afford it.
Do what makes you happy. Now you and your husband may have to take on a second job to get yourself financially secure there in the beginning.
It's all in how hard you want to make your dreams/goals come true.
Good luck.
2006-11-12 02:18:05 · answer #2 · answered by KuteKaboose 2 · 0⤊ 0⤋
Yes, they like tourists but they do not want you to stay there. It is almost like living in another country in Hawaii. My son-in-laws children had a difficult time in school. It's sort of a reverse-descrimination-thing. They rented a home and it was very pricey. It was a modest little house...not anything major. They lived on Oahu and teenagers get restless and do not like feeling confined...a major complaint I heard was that they wanted off of that ROCK, which is exactly as it is.
Take some time. You obviously have access to the internet. Do some research. Post as many places as you can about living in Hawaii and get input. If you decide to live on one of the islands...I envy you. It is one of the most beautiful places I've been.
2006-11-12 01:19:27 · answer #3 · answered by Suzan 3 · 0⤊ 0⤋
I don`t think you can buy a simple undeveloped lot for under one million there. I suggest you do a little research. Otherwise I would have already sold my place here in Florida and moved to Hawaii in a heart beat if I could afford it.
2006-11-12 00:34:19 · answer #4 · answered by bill a 5 · 0⤊ 1⤋
Gosh Joe! You must be one bright kid! Just think...you and your whole family at the airport leaving on the vacation of a lifetime...you get caught with a joint...Mom and Dad will be soooo proud! The trip is ruined, your in big, big trouble and your vacation money can now be spent on a lawyer to save your selfish butt. Great plan, dude! Go for it!
2016-05-22 06:54:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋
the answer is not a chance.they hate new residents, but they love tourists.
2006-11-12 00:33:46 · answer #6 · answered by Rude dog 4 · 0⤊ 1⤋