The number of Kauai foreclosure properties for sale is small and not likely to grow in the coming months. Much of this is due to new Hawaii laws regulating the foreclosure process which makes it more difficult and much longer in duration. With most foreclosures moved from non-judicial to judicial, estimates are up to 2 to 2.5 years to complete the foreclosure process. Here is the complete list of Kauai condo foreclosures as of March 15, 2012 as designated in the local multiple list service.
2012 Kauai Condo Foreclosures (REOs) as of March 15
Condo Project |
Region |
Price |
Bedrms |
VDA* |
Tenure |
Alii Kai II | North Shore | $249,900 | 2 | Yes | Fee Simple |
Cliffs At Princeville | North Shore | $189,999 | 1 | Yes | Fee Simple |
Halelani Village | Central/Lihue | $114,900 | 2 | No | Fee Simple |
Islander On The Beach | East Coast | $79,000 | 0 | Yes | Fee Simple |
Islander On The Beach | East Coast | $79,000 | 0 | Yes | Fee Simple |
Islander On The Beach | East Coast | $129,000 | 0 | Yes | Fee Simple |
Islander On The Beach | East Coast | $129,500 | 0 | Yes | Fee Simple |
Kauai Beach Resort | Central/Lihue | $44,900 | 0 | Yes | Fee Simple |
Nihi Kai Villas | Sough Shore | $568,300 | 2 | Yes | Fee Simple |
Plantation Hale | East Coast | $99,000 | 1 | Yes | Fee Simple |
*VDA = Vacation Destination Area, eligible for short term vacation rentals.
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