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Kauai Foreclosures, Kauai REO, April 2021 List (Auction video)

Kauai Foreclosure, Kauai REO List April 2021 List

This is my monthly Kauai foreclosure, Kauai REO & Kauai bank own list. It is updated monthly.

ACTIVE KAUAI REOS, KAUAI MLS LISTED: (HIGHLIGHTED MLS NUMBERS ARE LINKS):

Kauai REO Available for Sale:

Kauai Foreclosure house

  1. 208 Koili Lane, Wailua Homesteads, (Kapaa). 3 bedroom 3 bath home sold Occupied. I remember this house when it was owner occupied. The former owners kept it well maintained. As I don’t see the owners or their children on island anymore I can only assume that they tried renting it out and that didn’t work out. The yard is so overgrown one wonders what the inside might look like. MLS# 648512. $614,900.  Unfortunately we don’t get a chance to find out. The house is being sold by auction at  Hubzu.com.

KAUAI REOS WITH ACCEPTED OFFERS/IN ESCROW:

  1. 5-7275 Kuhio Highway, Haena. $810,900. In escrow previously but title had a hiccup. MLS#647369.
  2. 4923 Aliali Road, Kapaa, Kaua , HI. 4 bedroom 1.5 bath residence. Part of the Apopo Hale project. $399,900. Owned by  Williamington Savings Fund. MLS# 646849. The bank is offering financing to investors and flippers.Mark Masterson Foundation CREF LLC Direct: (415) 465-0713 mmasterson@foundationcref.com   www.foundationcref.com

KAUAI REO-FORECLOSURES SOLD FOR March 2021:  

  1. Lau Nahele St, Koloa. Lot 22 Kukui’ula Subdivision. The lowest priced vacant lot in Kukui’ula.! This homesite in the Kaulu Neighborhood of Kukui’ula and borders a greenbelt with a small babbling stream & waterfall . $555,900. MLS# 643222. Owned by BMO Harris Bank. Title clean up is delaying the closing. Sold for $525,000 cash.
  2. 5176 Alli Rd, Hanapepe. 2 bedroom 2 bath home. $446,500. Owned by Wells Fargo. MLS#647412. Sold for $475,000 cash on 3/29/2021.

Current state of Kauai REO :

Today, March 31, 2021, I went to a foreclosure auction with every intention to bid. I saw my friend Eric, a process server, (man bun and grey shirt)  and knew he was there with the banks bid. I got a little bit excited when he showed me it was only $395,080. I had my top bid at 400K. But there were 2 other bidders. I quietly showed my cashiers check to Bob Grimpas the foreclosure commissioner as required prior to bidding. One of the other bidders, the construction worker, verbalized how much his cashiers checks were, 40K, and therefore his max bid, coincidentally the same as mine, $400,000. The 3rd bidder verbalized his required deposit as 50K. Watch the video to see what happened.

There was also another foreclosure sale at the same time. It was an Emmalani Court unit 511 that the bank credit bid at $720,000. This Princeville condo, will most likely turn into a Kauai REO and listed on the MLS for Kauai.

This is my monthly Kauai foreclosure, Kauai REO & Kauai bank own list. It is updated monthly.

Call me 808 652-6174 or email julie@kauaidreams.com me if you are interested in buying Kauai property.

 

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