Kauai Dreams Realty

Enter any search term in this field:

Kauai Foreclosures, Kauai REO May 2022 List

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

     Upcoming Kauai Foreclosure: 

Waipouli Beach Resort Foreclosure

Waipouli Beach Resort Unit #306

                                                                        1 bedroom 2 bath condo                                                                                                                    

OPEN HOUSES:  May 4th  3-6pm.  Foreclosure commissioner.  Bob Grimpas 808 822-0019.

Auction Date: May 18th, 2022 12pm at the state courthouse steps.

 KAUAI MLS LISTED: (HIGHLIGHTED MLS NUMBERS ARE LINKS):

KAUAI REOS AVAILABLE FOR SALE:

none

 KAUAI REOS WITH ACCEPTED OFFERS/IN ESCROW:

  1. 4246 Hoohana Street, Lihue.  An 8 bedroom, 3 bath home on 7,000 sqft.  Reduced to $685,000.  Being sold by MTGLQ INVESTORS LP.  MLS#658010.
  2. 4335 Anahola Road, Anahola. A 2 bedroom, 1 bath home on 15,000 sqft.  Reduced to $699,900.  Being sold by AJAX 2018 F REO CORP.  MLS#657762.
  3. 2739 Pikake St., Lihue.  A 3 bedroom, 2 bath home on 9,887 sqft. $630,000.  Being sold by BLACK REEF TRUST.  MLS#658773.
  4. 5691 Hauaala Rd., Kapaa.  A 4 bedroom, 2 bath home on 24,350 sqft. $845,000. Being sold by the United States of America. MLS#658845.
  5. 4761 Wailapa Road #B, Kilauea. A 2 bedroom, 2 bath home on 3.20 ac. Reduced to $1,849,000. Being sold by US Bank National Association.  MLS#656787.

  KAUAI REO-FORECLOSURES SOLD FOR April 2022:  

none

Commentary: 

With the courthouse and therefore foreclosures in full swing I expect to see new Kauai REO inventory coming on the market. I did receive 2 new REO assignments in the past month. I usually only receive the assignments after no one else bids at the foreclosure auction. This is usually because the bank bids higher than the market value. Around 20 years ago I tried bidding on a foreclosure house in Wailua Homesteads. My max bid was going to be $160,000 if even that. The banks bid was $161,000. I walked and the house was listed & sold through another Realtor for $140,000. Sometimes it’s better to wait until the property is listed.

Aloha Julie Black julie@kauaidreams.com 808 652-6174.

Previous Article Next Article

Sign up to get Kauai Real Estate News delivered to your inbox:

It’s free, we’ll never sell your info, and you can opt-out at any time.