Kauai Real Estate REOs & Foreclosures

NEW:

Kauai Beach Resort #4208 $139,900 MLS#220882. This prime unit in building 4 last sold for $415,000. Owned by Chase.
5086 Napookala Circle, Princville $889,900 MLS#220705. This home has a great location in Princeville, in Sunset Circle. This area of homes has their own clubhouse and swimming pool. However the home is outdated and needs major updating. Owned by Countrywide.

Price Updates:
Islander on the Beach #321. Studio oceanview unit. $145,000. MLS#217190. Owned by CPHL
Islander on the Beach #126. Oceanfront unit. $225,0000. MLS#218530. Owned by CPHL

Upcoming REOs
#1. Laulea St. Eleele, 3 bedroom 1 bath home. In the eviction process.

Off the Market:
2242 Ioela St, Kilauea, 3/2 home for $445,500. MLS#217056. The bank does not have clear title yet.
6424 Kaahele St, Wailua Homesteads 3/2 $399,900. This bank property is partly owned by Ameriquist. Ameriquist has a blanket lien against them in the state of Hawaii which they are fighting. So far any property owned by Ameriquist in the state of Hawaii can not be sold until this lawsuit is settled.

In escrow:
4217A Anahola Road, Anahola. This 3 bedroom 2 bath home needs a lot of cosmetic work but the house “bones” appear to be in good condition. The best part of this house is the location. A block away from the beach and bordering a park. The second best thing is the price. $300,900. Listed with Kauai Dreams Realty. MLS#220016

This weeks update shows a new category of Kauai, Hawaii REO’s or banked owned properties; “Off the Market”. It appears that some foreclosure attorneys are lacking experience and/or are just rushing through the drafting of the foreclosure deeds and making errors. I am now running title reports on all my REO listings as soon as I get them to make sure the title is insurable. If you have any quetions on these REOs or any other property you can give me a call at 808 652-6174 or email me at julie@hisemail.net

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