June 8 2009 Kauai REO Foreclosure Update

Real Estate Broker/Owner with KAUAI DREAMS REALTY Kauai Real Property Specialist RB-14203

June 8 2009 Kauai REO Foreclosures Update

This post is a weekly update to the June 1, 2009 list. Please scroll down to the 5/1/09 list for a complete list of Kauai Hawaii Foreclosure & REO list.

Upcoming: (with another broker)

1. 7162 Aleaalea Rd, Haena. The last sales price on this large 2 building residences was $2,395,000. It is one house back from the beautiful Haena coast. There is some illegal closing in of the downstairs area which will have to be removed to make it legal and conforming. A Bank of America/Countrywide REO.

In Escrow:
1. Kauai Beach Resort #4206 studio condo at the Hilton in the preferred building 4.
2. Islander on the Beach #321. Studio condo on Kauai’s Coconut Coast. $145,000. MLS#217190
3.Kamahana #4, Princeville. 2/2 condo reduced to $328,900 MLS 220199 Owned by Countrywide.

1. Regency Huleia #21, Lihue. 2 bedroom 2.5 bath condo. Built in 1995. $353,600. MLS# 218226 . Sold for $360,000 on 6/1/2009.

Although there was only 1 closed REO sale this first week of June, there are 14 closed sales, for the island of Kauai, for the first week of June 2009. I think June will show the most closings per month for the 2009 so far. Hopefully July thorough December will keep up this trend.

All available properties with MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call or email me at julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE

Posted by

CLMHS CRS GRI Realtor/Broker/Owner Kauai Dreams Realty 

Comments (3)

Jerry Bangerter
RE/MAX Kai Lani - Honolulu, HI

Julie!   Such pain for those losing their homes.   Aw, shoot!   Jerry

Jun 21, 2009 08:03 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

That "upcoming" looks REALLY nice!  This is an older post, did it hit the market and sell already?

Aug 30, 2009 06:29 AM
Julie A. Black
KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI
CLHMS, CRS, GRI, Realtor, Broker

Renee: It did not come on the market yet. It's a Countrywide/BOA REO. I believe they are trying to either modify the downstairs and get rid of the illegal studios and/or trying to evict the 'caretaker/squatter in one of the units. I'll ask the agent on Monday.

Aug 30, 2009 08:44 AM