This is my monthly Kauai REO, Kauai Foreclosures Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated once a month

Upcoming Kauai REO:

6670 Puupilo Place, Wailua Homesteads. 3 bedroom 2.5 bath. No price yet. This is one of the nicest REOs I have had in awhile.  It should be coming on the market next year.

Active Kauai REOs, Kauai MLS Listed: (highlighted (purple) MLS numbers are links).

1. 6388 Puupilo Road, Wailua Homesteads. 2 legal home on 1 acre. $684,900 MLS 622757. auction.com. Sold by auction. Owned byBANK OF NEW YORK MELLON TRS.
2. Manualoha #704, Poipu. 3 bedroom 3 bath condo. $739,000. MLS# 623172. Serviced by Nationstar Mortgage.
3. 4470 Ihope Place #A, Kilauea. 3 bedroom 2 bath home. MLS#622863.  Reduced to $439,900. Owned by CITIBANK NA TRS.
4. 4838 Laipo Road, Kapaa 6 bedroom 3 bath home. MLS# 622757. $514,950. Owned by U S BANK TRUST NA TRS
5. 4539 Akialoa Rd, Kekaha. 3 bedroom 1.5 bath Reduced $349,900. MLS# 621713. Owned by Caliber/Hudson Homes.
6. 4482 Malulani St, Kilauea 3 bedroom 1 bath home. Reduced $449,900. MLS# 621353. Owned by U S BANK TRUST NA TRS
7. 2461 Keneke St, Kilauea 3 bedroom 2 bath home sold occupied. $499,900. MLS#621053. Owned by: Bank of New York Mellon TRS.
8. 1370 Hono Ohana Place, Wailua Homesteads. 4 bedroom 2 bath on over 3 acres. $700,000. MLS# 621042. Owned by Wilmington Savings Fund Society TRS.
9. 3888 Gallo Place, Kalaheo. 3 bedroom 3 bath. Reduced to $624,900. MLS# 620981. Owned by US Bank National Association.
10.  356 MIULANA PL., KAPAA, HI 96746. (Wailua Houselots) 2 bedroom 3 bath home. 1644 SQ. FT. Reduced $574,900. MLS# 621111. Owned by U S BANK TRUST NA TRS
11. 9825 Uuku Road, Waimea. 3 bedroom 1.5 bath. Reduced to $444,900. MLS# 619810. Owned by Federal National Mortgage Association.
12. 3887 Gallo Pl., Kalaheo. 3 Bedroom 3 bath.  $584,900. MLS#616209 Owned by Wilmington Savings Fund Society FSB.
13. 4424 Kilauea Rd., Kilauea. 3 bedroom 1.5 bath. $509,900. MLS# 619489. Owned by FEDERAL NATIONAL MORTGAGE ASSOCIATION.
14. Cliffs at Princeville.  1 bedroom 2 bath LEASEHOLD condo, MLS# 619344. Reduced to $289,900. Owned by Fannie Mae.
15. 4410 Ahopueo Dr., Kalaheo 3 bedroom 2.5 bath home. $780,000 MLS#623009. Serviced by Nationstar.

KAUAI REO’S WITH ACCEPTED OFFERS/IN ESCROW

1. 3264 Wawae Road, Kalaheo. 2 bedroom 1 bath. $899,900. MLS# 620866. Owned by US Bank National Association.
2. 6011 Olohena Road, Kapaa 3 bedroom 2 bath on a half acre.  $699,000 MLS#622445.
3. 3292-D Kalihiwai Road. 4 bedroom 4 bath estate. $3,995,000. MLS# 607132. Owned by Bank Centre Corp.
4. 4436 Kanaele Road #B, Kapaa. 3 bedroom 2 bath. Reduced to $722,000. MLS# 620512. Owned by Deutsche Bank.
5. 3691 Albert Rd., Princeville. 3 bedroom 3 bath. Reduced to $674,900.  MLS#618191 Owned by Onewest Bank FSB.
6. 3681 Pua-Kenikeni St, Lawai. 3 bedroom 2.5 bath home. Owned by MTGLQ INVESTORS LP. Reduced to $639,900. MLS# 621208.
7. 6546 Kuamoo Rd, Kapaa. 4 bedroom 3 bath home on 3 acres sold occupied. MLS# 622736. $765,000.WILMINGTON TRUST NA TRS, c/o:NATIONSTAR MORTGAGE
8. 4758 Lae Rd. #A, Kalaheo. 1 Bedroom 1 bath on 3 acres. $698,000. MLS# 613705 Owned by Kauai Community FCU.

Kauai REO-Foreclosures SOLD for November 2018:

1. Hauaala Road, Kapaa. Vacant CPR lot 18,513 sq.ft. $239,000. MLS# 613696 Owned by Kauai Community FCU. Sold for $180,000 on 11/16/18 Construction loan.
2. Kalapaki Villas #2805 4121 Rice Street. 2 bedroom 2 bath. $259,900. MLS# 620982. Owned by US Bank National Association. Sold for $260,000 CNV on 11/17/18.

I couldn’t believe it, another agent today sent me an email to justify a sales price reduction, on an already agreed upon price by saying we have just gone in the start of an recession. Really? Our office is busy. I have to admit, there was a slight lull for around 2-3 weeks, a month or 2 ago, but then our phones started ringing again, consistently. I then checked the MLS statistics. Well yes, that agent only has 2 closed sales this year compared to my 44 closed sales. I guess to her it seems like a recession. I know the stock market has been really volatile, but Kauai’s tourism has been strong and  Kauai real estate sales have been strong. I can’t predict the future, but don’t let a Negative Nancy and other unsuccessful people dictate your business decisions. 

Aloha Julie