This is my monthly Kauai foreclosure, Kauai REO & Kauai bank owned list. It is updated monthly.
Upcoming REO in November, we don’t have a price yet:
Kalaheo. A 5 bedroom, 5 bath home on a 10,000 sqft. lot.
KAUAI MLS LISTED: (HIGHLIGHTED MLS NUMBERS ARE LINKS):
KAUAI REOS AVAILABLE FOR SALE:
- 4335 Anahola Road, Anahola. A 2 bedroom, 1 bath home on 15,000 sqft. Reduced to $619,900. Being sold by AJAX 2018 F REO CORP. MLS#657762
KAUAI REOS WITH ACCEPTED OFFERS/IN ESCROW:
- 4758 Lae Road #B, Kalaheo. Agricultural zoned vacant land, 24,045 sqft. $225,000. Being sold by FEDERAL NATIONAL MORTGAGE ASSOCIATION aka Fannie Mae. MLS#662883. This is an odd situation call for more details.
- 5691 Hauaala Road, Kapaa. A 4 bedroom, 2 bath home on 24,350 sqft. $845,000. Being sold by the United States of America. MLS#658845.
- 208 Koili Lane, Kapaa. A 3 bedroom, 2.5 bath home on 8,074 sqft. Reduced to $655,700. Being sold by HSBC BANK USA. MLS#663933.
KAUAI REO-FORECLOSURES SOLD FOR October 2022:
There are no REO sales for October 2022
COMMENTARY:
Kauai Foreclosure numbers:
According to the Kauai MLS there were only 8 closed REO sales from 1/1/2022 to 10/31/2022.
According to the Kauai MLS there were only 10 closed REO sales from 1/1/2021 to 10/31/2021.
Compared to 2011 & 2012 (a decade ago):
According to the Kauai MLS there were 144 closed REO sales from 1/1/2011 to 10/31/2011.
According to the Kauai MLS there were 77 closed REO sales from 1/1/2012 to 10/31/2012.
End of the year figures will be published in January 2023.
For 2023 I do not see Kauai having any huge rise in foreclosures. However there will be a steady amount, primarily due to death of the mortgagor.
Aloha Julie 808 652-6174 let me know if you have any questions.
