Kauai REO Kauai Foreclosures, Hawaii February 2017 List

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

This is my monthly Kauai REO, Kauai Foreclosures Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least once a month or more if the Kauai REO activity has increased. Check out our website at www.kauaidreams.com for more properties and blogs.

 

Active MLS Listed Kauai REOs:

Kauai Foreclosures

  1. 5471 Olopua St, Kapaa 3/3 with family room. $474,900. MLS #603366. Owned by Fannie Mae.
  2. Halemalu #26, Lihue. this is a 3 bedroom 2.5 town home located at the very end of the street. Its a private location. Reduced to $454,900. MLS#602685. Owned by US Bank.
  3. 9915 Ape Place, Waimea. 6 bedroom 5 bah home. Reduced $561,900. MLS#602080. Owned by Bank of New York Mellon.
  4. 5284 Kahala St #1, Kapaa. 3 bedroom 3 bath home. $550,000 MLS#601472. Owned by Fannie Mae.
  5. 4300 Upa Road, Omao-Koloa. 1/1 on 1 acre. $399,000. MLS#602173. Owned by Fannie Mae.

KAUAI REO’S WITH ACCEPTED OFFERS/IN ESCROW:

  1. Sandpiper Village 124, Princeville. 2 bedroom 2 bath condo. REDUCED $334,500. MLS#600475. Owned by US Bank Trust.
  2. 4405 Kai Ikena Dr. Kalaheo 3/2 house. $589,000. MLS #603133.  Owned by Bayview Loan Servicing.
  3. Kalaheo Pali Kai #53, Kalaheo. 2 bedroom 2 bath condo. $299,000. MLS#600365. Owned by Fannie Mae.
  4. 6003 Puka St, Kapaa. 3 bedroom 1 bath home. Sold occupied by auction. $290,000. MLS#602011. Owned by Freddie Mac.
  5. 1987 Hulali Loop, Kapaa. 4 bedroom 2.5 bath. The home has issues. $277,600. MLS#298655. Owned by Altisouce/OCWEN.
  6. Kiahuna Plantation #427. Poipu. 1 bedroom 1 bath LEASEHOLD condo. $29,000. MLS# 600928. Owned by American Savings Bank. Please note the combined HOA fee and leasehold rent are currently $2145.00 a month.

KAUAI REO LISTINGS FOR THE MONTH OF January 2017:

  1. Halelani Village L-201. 2 bedroom 1.5 bath condo.  Auction only on Xome.com. $185,000. MLS#292924. Owned by Nationstar Mortgage. Sold for $141,750 on 1/13/2017 for cash.
  2. 4677 Moi Road, Hanapepe. 4 bedroom 2 bath home. $296,800. MLS#602534. Owned by Owen/Altisource. Sold for $284,539, cash on 1/27/17.
  3. 4804 Pohina St, Hanamaulu. 3/1 house. $265,900. MLS #600861. Sold for $235,000 on 1/10/17 for cash.

A lot of Kauai REOs sell for cash because they are not in lendable condition. In the case of the Halelani L-201 there was some flooding of the unit and the bathrooms, walls and carpet were all torn out. Moi Road and Pohina Street were also in unlendable condition. On all 3 properties the buyers have plans to fix them up and make them lendable. This is a win win for all parties involved. Many buyers don't have the means and time to buy and fix up a real fixer upper. And owner occupied buyer programs want buyers to have a house in livable condition. The exception to this are renovation loan programs.

 

This is my monthly Kauai REO, Kauai Foreclosures Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least once a month or more if the Kauai REO activity has increased. Check out our website at www.kauaidreams.com for more properties and blogs.

Posted by

CLMHS CRS GRI Realtor/Broker/Owner Kauai Dreams Realty 

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Topic:
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Location:
Hawaii Kauai County
Groups:
REO
Hawaii Real Estate Professionals
City and State
Tags:
kauai foreclosures
kauai reo
kauai foreclosure list
kauai bank owned house

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Ambassador
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MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thank you for the market update on your local real estate area.

Feb 05, 2017 08:30 PM #1
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Julie, great list of bank foreclosures and a great opportunity for buyers.  Hope they know to give you a call.

Feb 10, 2017 05:11 AM #2
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Julie,
What a really nice area to explore as far as anywhere in the world! Great area! I love the prospect! Good luck continually!

Oct 28, 2017 11:52 PM #3
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Foreclosures are literally examples of one door closing and another opening when it comes to houses with quite beautiful doors Joan Cox

Oct 28, 2017 11:54 PM #4
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Rainmaker
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Julie A. Black

CLHMS, CRS, GRI, Realtor, Broker
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