Active Kauai REOs, Kauai MLS Listed:

1. 107 Aleo St. Kapaa. 3/2 home in Wailua Homesteads. $524,400.  MLS# 605802. Owned by HUD. www.hudhomestore.com.
2. 4660-B Hauaala Rd, Kapaa.  3/3, 2 story Duplex CPR. $530,000. MLS#606122. Owned by HSBC Bank.
3. 5532 Tapa Road, Koloa. 4 /2 house in Koloa. Lot of 14,506 sq.ft. $529,900. MLS# 605979. Owned by Fannie Mae.
4. 9915 Ape Place, Waimea. 6 bedroom 5 bah home. Reduced $482,900. MLS#602080. Owned by Bank of New York Mellon.
5. 280 Kalili Place, Kapaa. 5/2 house in Wailua Homesteads. $765,000. MLS# 605779. Owned by Fannie Mae.

KAUAI REO’S WITH ACCEPTED OFFERS/IN ESCROW:

1. 4405 Kai Ikena Dr. Kalaheo 3/2 house. $589,000. MLS #603133.  Owned by Bayview Loan Servicing.
2. Kalaheo Pali Kai #53, Kalaheo. 2 bedroom 2 bath condo. $299,000. MLS#600365. Owned by Fannie Mae.
3. 1987 Hulali Loop, Kapaa. 4 bedroom 2.5 bath. The home has issues. $277,600. MLS#298655. Owned by Altisouce/OCWEN.
4. 4300 Upa Road, Omao-Koloa. 1/1 on 1 acre. Reduced $379,900. MLS#602173. Owned by Fannie Mae.
5. 5192 Wili Rd, Kapaa. 2 bedrooms 1 bath home. $389,900 MLS# 604618. Owned by Fannie Mae.
6. Halelani Village G-205.  2 bedroom 1.5 bath condo. $249,900. MLS#604918.
7. 672 Akalei St, Eleele. 4/3 home. $408,900. MLS#604689. Owned by Wells Fargo.
8. Halemalu #26, Lihue. this is a 3 bedroom 2.5 town home located at the very end of the street. Its a private location. Reduced to $434,900. MLS#602685. Owned by US Bank.
9. 2-4270 Kaumualii  Hwy., Koloa. This is a 4 bedroom 2 bath house/CPR near Omao Road. $445,900. MLS #604467.

Sold Kauai REO’s for April 2017:

1. 5471 Olopua St, Kapaa. 3 bedroom 3 bath $474,900 MLS#603366. Owned by Fannie Mae. Sold for $475,000 CNV on 4/19/17.
2. 5284 Kahala #1. 3/3 bath CPR home. $550,000 MLS#601472. Owned by Fannie Mae. Sold for $551,200 CNV on 4/28/2017.

There has been a major dwindling of foreclosure notices in the newspaper lately. As it takes approximately 6-9 months once the foreclosure sale is held to the bank putting the property on the market, on unoccupied properties, I’m guessing in 9-12 months the REO inventory will be sparse unless more foreclosures are initiated. However I presently have 18 unlisted REOs in my queue going through either the evacuation, eviction, confirmation, or repair process.

This is my monthly Kauai REO, Kauai Foreclosures Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least once a month or more if the Kauai REO activity has increased.