This is my monthly Kauai foreclosure, Kauai REO & Kauai bank owned list. It is updated monthly.
Upcoming REO, we don’t have a price yet:
4701 Kawaihau Rd., Kawaihau Sports Villa #E-201; Kapaa, HI 96746
A 2 bedroom, 2 bath condominium with a loft. 2nd floor corner unit.
KAUAI MLS LISTED: (HIGHLIGHTED MLS NUMBERS ARE LINKS):
KAUAI REOS AVAILABLE FOR SALE:
There are no REO’s for sale at this time.
KAUAI REOS WITH ACCEPTED OFFERS/IN ESCROW:
- 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
- 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 November 2022:
- 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. Sold 11/03/2022 for $250,000 Cash.
COMMENTARY:
Before you call me wanting to buy a Foreclosure or REO please read these two blogs.#1. Buying a foreclosure on Kauai. #2. What is a Kauai REO?. The blogs will answer most of your questions. After you read the blogs I can help you with a specific property.
I have bought 3 foreclosures at the Kauai court house. I also have bought a REO from another agent. It was from a local bank. I showed the property around 5 times. Everyone was turned off by the termite piles. I do have to fumigate every few years. But in 1999 the house was only $125,000.
Kauai Foreclosures are picking up. However there won’t be a large amount of Kauai Foreclosures coming on the market. Most of the current foreclosures are due to death of the mortgage holder on a reverse mortgage. Most of these balances are fairly high and the heirs have no motivation to have a probate and sale. This is a common scenario with reverse mortgages.
Aloha Julie 808 652-6174 let me know if you have any questions. kauaidreams97@gmail.com
