Honolulu Foreclosures: Is it really that bad?

By
Real Estate Agent with Hawaii Military Realty, Inc.

CNN Money is reporting that FORECLOSURES ARE ON THE RISE IN HONOLULU.  While I agree that foreclosure filings are on the rise, I think that the actual number of homes that actually make it into foreclosure are much less than the amount of filings.

Home owners are doing either a modification of their mortgage, selling their home as a Hawaii Short Sale or opting for a deed in lieu of foreclosure.

For more information on Hawaii Real Estate and Hawaii Short Sales, visit us on the web at www.davidkucic.com

 

 

 

 

 

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