Upcoming Kauai REO:

1. 5158 Kome Street, Kapaa. 3 bedroom 1bath home in need of a lot of work.

1. 5881 Kaapuni Rd., Kapaa. 7 bedroom 3 bath. MLS# 627152. $700,000. Owned by WELLS FARGO BANK.
2. 4630 Kanaele Rd, Kapaa. 5 bedroom 3 bath home. MLS# 625519.  Reduced to $449,900. Owned by WILMINGTON SAVINGS FUND SOCIETY FSB, Trustee.
3. 6546 Kuamoo Rd., Kapaa. 4 bedroom 3 bath. MLS# 622736. $690,500. Owned by WILMINGTON TRUST NA.
4. 5620 Ohelo Rd., Kapaa. 4 bedroom 2.5 bath. MLS# 626783. $514,900. Owned by US BANK NATIONAL  ASSOC.
5. 5054 A Kula Rd, Kapaa. NEW. 4 bedroom 2 bath. MLS# 627134. $387,900. Owned by The Bank Of New York Mellon. Buy via auction.com.
6. 4650-A Uha Rd., Lawai.  1 bedroom 1 bath. MLS# 626578. $425,000. Owned by WELLS FARGO USA.
7. 3811 Edward Rd. #2310, Princeville. 1 bedroom 2 bath. MLS#619344. $249,900. Owned by NMF INVESTMENTS LLC.
8. 3-3400 Kuhio Hwy. #B108A, Lihue. Studio 1 bath. MLS# 626557. $136,900. Owned by US BANK TRUST NA.
9. 3888 Gallo Place, Kalaheo. 3 bedroom 3 bath. Reduced to $589,900. MLS# 620981. Owned by US Bank National Association.
10. 8322 Mahiko Pl, Kekaha. 4 bedroom 1 bath home. MLS# 625812. Reduced to $323,000. Owned by NEW CENTURY HOME EQUITY LOAN TRUST 2006.
11. 4400 Ahopueo Dr. Kalaheo. 4 bedroom 3 bath home. MLS# 626373. $698,900. Owned by CITIMORTGAGE INC.
12. 9825 Uuku Road, Waimea. 3 bedroom 1.5 bath. Reduced to $409,900. MLS# 619810. Owned by Federal National Mortgage Association.
13. Cliffs at Princeville.  1 bedroom 2 bath LEASEHOLD condo, MLS# 619344. Reduced to $259,900. Owned by Fannie Mae.

KAUAI REO’S WITH ACCEPTED OFFERS/IN ESCROW:

1. 5681 Kaapuni Rd, Kapaa. 3 bedroom 1 bath home. MLS# 626467. $429,250. Owned by WELLS FARGO BANK N A
2. 4938 Laipo Rd., Kapaa. 6 bedroom 3 bath home. $479,950. MLS#622769. Owned by US BANK N A.
3. 4406 Punee Rd. #0001, Koloa. 6 bedroom 3 bath 2 homes. MLS# 625792. $609,000. Owned by US Bank Trust NA.
4. 2494-B Puu Rd., Kalaheo. 4 bedroom 2 bath home. $144,900. MLS# 626263. Owned by FEDERAL HOME LOAN MORTGAGE CORP
5. 3887 Gallo Pl., Kalaheo. 3 Bedroom 3 bath. Reduced $529,900. MLS# 626724. Owned by Wilmington Savings Fund Society FSB.
6. 6546 Kuamoo Rd, Kapaa. 4 bedroom 3 bath home on 3 acres sold occupied. MLS# 622736. $726750.WILMINGTON TRUST NA TRS, c/o:NATIONSTAR MORTGAge
7. 4410 Ahopueo Dr., Kalaheo 3 bedroom 2.5 bath home. $741,000 MLS#623009. Serviced by Nationstar.
8. 4794 Lae Rd. #E, Kalaheo. 1 Bedroom 1 bath on 3 acres. $698,000. MLS# 613705 Owned by Kauai Community FCU.

Kauai REO-Foreclosures SOLD for March 2019:

1. 6670 Puupilo Pl. #B, Kapaa. 3 bedroom 2 bath home. MLS#625078. $659,900. Owned by US BANK NATIONAL ASSN. Sold for $659,900. Cash 3/13/2019.
2. 2461 Keneke St., Kilauea. 3 bedroom 2 bath. $467,500. MLS# 621053. Owned by THE BANK OF NEW YORK MELLON. Sold for $425,000. Cash 3/14/2019.
3. 1370 Hono Ohana Place, Wailua Homesteads. 4 bedroom 2 bath on over 3 acres. $674,900. MLS# 621042. Owned by Wilmington Savings Fund Society TRS. Sold $660,000 3/29/19.
4. 4539 Akialoa Rd, Kekaha. 3 bedroom 1.5 bath Reduced $334,900. MLS# 621713. Owned by Caliber/Hudson Homes.Sold 3/28/19 $323,000 Cnv.
5. 356 MIULANA PL., KAPAA, HI 96746. (Wailua Houselots) 2 bedroom 3 bath home. 1644 SQ. FT. Reduced $559,900. MLS# 621111. Owned by U S BANK TRUST NA TRST. Sold 3/28/19 for $559,900.

Editorial:

Many Kauai REOs can fall into disrepair, mainly due to deferred maintenance. This is usually because the property owner no longer has money or the desire to repair the property knowing they will lose it to the bank or another bidder. Of the 5 closed Kauai REOs this month, 3 were in disrepair and 1 (Puupilo Place) was well maintained by the former owner. It’s always exciting to get Kauai foreclosures & REOs that are in good condition. They will be an easy sell (priced well & looking good). The properties in disrepair can be a harder sale mostly due to the difficulty of obtaining suitable financing but also many buyers want move in ready homes. But buying a home in disrepair gives the buyer an opportunity to earn some sweat equity in today’s market. Are you looking for an opportunity?

Are you ready to buy Kauai real estate this year? Perhaps a Kauai foreclosure?  Let us know at Kauai Dreams Realty. We have a great staff, ready to work hard to find you that right property. Call 808 652-6174 or email today julie@hisemail.net .