August 24 2009 Kauai Foreclosure REO List Update
New Upcoming REO’s:
- Waipouli Beach Resort A304, Kapaa. Wow this is an oceanfront newer 2 bedroom 2 bath condo in great condition with great views. Previous sales price was $1,750,000. Owned by Bank of America.
- Kua Aina lot 42. Kakela Makai, Kalaheo. A split level lot with unobstructed ocean & mountain views. Owned by IndyMac Bank.
- Hale Lani Village at Puhi Y204, Lihue. This is a 2 bedroom 2 bath condo in good condition. The location of this project is across the highway from the college. Owned by GMAC.
New Listings:
1. 5796 Noni St., Wailua Homesteads. This is a 5 bedroom 2 bath home 2 story home. The exterior is in good condition but the interior needs some repair as remodeling was started but not completed. $399,900. Owned by American Home Mortgage Servicing Inc. MLS#226761
Price Changes:
- Banyan Harbor G-80, Lihue. A 2 bedroom 2 bath fully furnished condo with partial ocean view. New price $224,0000. MLS#22593
- 4740 Hokuloa Place, Eleele. 3 bedroom 2 bath home for $289,900. Garage has been turned into a family room. Fenced MLS#225781. Owned by American Home Mortgage Servicing.
- Kauai Beach Resort #2506 307 #2506 0/1 MLS# 223038 $125,000 .Owned by Finance Factors (FF)
- Kauai Beach Resort #2544 320 #2544 0/1 MLS #223037 $125000. FF
- Kauai Beach Resort #4110 320 #4110 0/1 MLS #223033 $145000. FF
- Kauai Beach Resort #4214 360 #4214 0/1 MLS #223035 $150000-offer pending. FF
- 5086 Napookala Circle, Princville $727,800 MLS#224854. Outdated home has a great location in Princeville, in Sunset Circle. Owned by Countrywide/BoA.
Since many buyers and agents often ask “what bank owns this property?”I am going to try and put the name of the Bank or company that owns each asset. Some banks do not directly sale their assets directly but do it through an asset management company. Some Banks like Wells Fargo requires you obtain a pre qualification letter from them when submitting an offer. This hopefully leads them to new business and assures that the buyer is qualified. American Home Mortgage Servicing Inc. (AHMSI) requiers you obtain a preapproval from Prospect Mortgage when making an offer on one of their properties. With full price offers AHMSI will buy down the interest rate when the buyer uses Prospect Mortgage.
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
