kauai reo: I Want To Buy A Foreclosure But There Aren't Any
- 07/21/13 04:31 AM
First and foremost I wish to thank those potential buyers who call and ask for my assistance in buying a Hawaii foreclosure property (an REO). Many call after reading articles that continue to be published on the large volume of foreclosures and the deals to be had. Unfortunately a bank foreclosure and a foreclosure available for sale are 2 different things. In my market areas, Kauai & Maui, distressed properties listed for sale (short sales & REOs) are a small market segment with REOs being especially scarce. The following charts illustrate the issue these buyers face. Kauai Real Estate Market (Kauai has … (5 comments)
Real estate is the largest investment that many of us will ever make so it's critical that buyers and sellers have access to essential information. This blog provides key news and information about Hawaii real estate.
First and foremost I wish to thank those potential buyers who call and ask for my assistance in buying a Hawaii foreclosure property (an REO). Many call after reading articles that continue to be published on the large volume of foreclosures and the deals to be had. Unfortunately a bank foreclosure and a foreclosure available for sale are 2 different things. In my market areas, Kauai & Maui, distressed properties listed for sale (short sales & REOs) are a small market segment with REOs being especially scarce. The following charts illustrate the issue these buyers face.
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