This is my monthly Kauai REO, Kauai Foreclosures Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least once a month or more if the Kauai REO activity has increased.

Active MLS Listed Kauai REOs:

1. Sandpiper Village 124, Princeville. 2 bedroom 2 bath condo. $356,500. MLS#600475. Owned by US Bank Trust.
2. Kalaheo Pali Kai #13, Kalaheo. 2 bedroom 2 bath condo. $312,000. MLS#600365. Owned by Fannie Mae.
3. Halelani Village L-201. 2 bedroom 1.5 bath condo.  Auction only on Xome.com. $205,000. MLS#292924. Owned by Nationstar Mortgage.

KAUAI REO’S WITH ACCEPTED OFFERS/IN ESCROW:

1. 2688 Onu Place, Apt. A.  Located off a quiet road in Kalaheo overlooking Kalawai Park.  2 unit CPR. MLS#296310.  Reduced $284,900. Serviced by Caliber Servicing.
2. 1987 Hulali Loop, Kapaa. 4 bedroom 2.5 bath. The home has issues. $277,600. MLS#298655. Owned by Altisouce/OCWEN.
3. 4935 Aliali Rd #26 aka Apopo Hale #26, Kapaa. NEW. 4 bedoom 2 bath detached home/condo. Reduced$314,900. MLS#292930. Serviced by Caliber Mortgage.
4. 5237 A Laipo Rd, Kapaa 3 bedroom 2 bath CPR home. MLS#285565. Discounted $319,900. Owned by US Bank National Association.
5. 1054 Kealoha Rd, Kapaa (babyBeach area). 7 bedroom 5 bath residence. Reduced $625,000. Owned by Ventures Trust. MLS#294664. Closed 11/1/16.
6. 6658-A Kipapa Rd #1, Kapaa. NEW. A large 4 bedroom 2.5 bath home (CPR) on 1.41 acres. MLS#293441. Reduced. $785,000. Owned by Penny Mac.
7. Kalaheo Pali Kai #53, Kalaheo. 3 bedroom 2 bath condo. $340,000. MLS#295488. Owned by Fannie Mae.
8. 4655-C Alawai Rd, Waimea. 3 bedroom 2 bath with studio. $314,900. MLS#297425. Owned by US Bank.

SOLD KAUAI REO LISTINGS FOR THE MONTH OF OCTOBER 2016:

1. Banyan Harbor C-29, Lihue. This is a 2 bedroom 2 bath single level condo across Kalapaki Bay. MLS#297836. $208,000. Owned by Bank of New York Mellon. Sold for  $197,600, cash on 10/28/16.
2. Kaha Lani #208. Kauai Coconut Coast. 2 bedroom 2 bath oceanfront/parkfront condo. $489,000 MLS#297836  Owned by Bank of New York. Sold for $520,000 cash on 10/17/16.

I have been bidder 3 times at foreclosure sales at the courthouse steps for my self. The first time, around 20 years ago, I was the only bidder besides the bank but was overbid at court confirmation by another buyer. The 2nd time I bid a dollar over the bank and ending up getting the property.  The 3rd time was today. I had bid in August on a house in Kapaa. As the bank didn’t show with their bid at the foreclosure sale, I bid a reasonable amount. But today at court confirmation the bid was opened again and they bid more then the tax assessed value, which on this house was pretty accurate. The house will come up as a REO. And if its listed with me, I won’t be able to purchase it. It’s okay I’m moving on. Thats a picture of the house to the left. Aloha Julie.

This is my monthly Kauai REO, Kauai Foreclosures Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least once a month or more if the Kauai REO activity has increased.