This is my monthly Kauai foreclosure, Kauai REO & Kauai bank owned list. It is updated monthly.
There are no new upcoming REOs, here is a list of foreclosures happening on island:
1. 4331 Kauai Beach Dr., Apt. 3122; Lihue. Auction Date: 9/22/22 at 12 p.m.
2. 7091 Kuamoo Rd., Apt. 3; Kapaa. Auction Date: 9/23/22 at 12 p.m.
3. 5995 Puka St.; Kapaa. Auction Date: 8/04/22 at 12 p.m.
4. 4896 D Kua Rd.; Lawai. Auction Date: 8/26/22 at 12 p.m.
5. 8523 Hale Lio St.: Kekaha. Auction Date: 8/29/22 at 12 p.m.
Even though the auction may of passed you can still bid at court confirmation.
KAUAI MLS LISTED: (HIGHLIGHTED MLS NUMBERS ARE LINKS):
KAUAI REOS AVAILABLE FOR SALE:
There are no REOS available for sale at this time
KAUAI REOS WITH ACCEPTED OFFERS/IN ESCROW:
- 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.
- 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. $691,700. Being sold by HSBC BANK USA. MLS#663933.
- 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
KAUAI REO-FORECLOSURES SOLD FOR August 2022:
There are no REO sales for August 2022
Commentary:
For Sale Kukuiula
My client bought a foreclosed Kukui’ula lot at court confirmation. The lot is in the Kaula area of Kukui’ula. It’s being listed at $925,000 which will price it at the lowest price lot in the subdivision. The sign to the left is an approved HOA sign. Look for it on Lau Nahele Rd.
Foreclosures come in all price ranges. The higher the price range the fewer buyers. At a recent foreclosure sale on Kauai I attended there were only 2 buyers bidding for a million dollar house/property. It sold for $850K. So it is possible to still get a good deal but you must be persistent in your pursuit on a deal. I believe I got a good deal on a condo once at a foreclosure because the auction was around Christmas time. I was the only bidder. Everyone else had the holidays on their mind.
More foreclosures will come up. It may not be the perfect property or the perfect time to purchase however it maybe there perfect deal. So get out of your comfort zone and get in the real estate market. Aloha Julie 808 652-6174
