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Kapaa, HI

Kauai REO Hawaii Foreclosures January 25, 2010 Update

Julie A. Black CRS, GRI, Realtor : Real Estate Agent in Kapaa, HI

Kauai REO Hawaii Foreclosures January 25, 2010 Update

This is an update to the January 1, 2010 Kauai REO, Kauai Foreclosures, Kauai, Hawaii Foreclosures list. Scroll down to the January 1, 2010 list to see the complete list of Kauai REO properties:
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#1. 4932 Aliali Road, Kapaa, aka Apopo Hale #23. This is a 4 bedroom 1.5 bath CPR home. There is a HOA. It is priced at $214,900.
#2. Banyan Harbor #70, Lihue. A 2 bedroom 1.5 bath condo. A Freddie Mac REO. $164,900 MLS#231199
Price Reductions:
#1. Waipouli Beach Resort A304, Kapaa. This is an oceanfront/beachfront newer upgraded high end 2 bedroom 3 bath condo in great condition with great views. $999,900. MLS#228473.
#2. Kuhio Shores #204. Poipu 1 bedroom 1 bath oceanfront oceanview ,condo. $379,900. MLS#229468.
Back on the Market:
#1. 4769 Opukea St, Hanamaulu. 3 bedroom 1 bath home on a 6000 sq ft. lot for ONLY $198,000. MLS#230075
In Escrow:
1. 4-4240D Kuhio Hwy, Anahola, 4 bedroom 3 bath home . This house is as pretty as it looks. Hardwood floors spa tubs in good condition. $519,900 MLS#230089. 8 offers came in for this home. IndyMac/OneWest REO.
2. .4345 Naulu Place, Koloa. Located off of Omao Road this property is a true fixer upper. It has some nice features and it also has damage, rot and mold. It is part of a CPR. $20132 MLS#230334 Chase REO.
3. 5086 Napookala Circle, Princeville $670,800 MLS#224854. This home has a great location in Princeville, in Sunset Circle.
4. 4524 Lae Rd. Kalaheo, 3 bedroom 2 bath home.New price $286,150. Owned by Aurora Loan Services. MLS# 226790. They are looking for a cash buyer.
Solds:
1. 4262 Oama Place, Puhi (Lihue). This 3 bedroom 2 bath home near shopping and schools. 2 windows are broken and flooring is needed in the bedrooms. The location is great. Near schools and town. IndyMac REO. $279900. MLS#226132 Sold $279,900 1/19/2010.
2. 4740 Hokuloa Place, Eleele. 3 bedroom 2 bath home. REDUCED to $289,900. Garage has been turned into a family room. Fenced MLS#225781 sold for $275,000 on 1/19/2010.

Sales activity appears to be picking up on both REO and private sales as sales figures for January are increasing and some properties are receiving mulitple offers. I finally received my 1st new REO assignment for this year. A house in Princeville. The house is currently listed with another Realtor as a short sale.

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

Search all Kauai Homes at www.kauaidreams.com Search the Kauai MLS at http://www.kauaidreams.com Search Kauai Property athttp://www.kauaidreams.com Search Kauai real estate at http://www.kauaidreams.com.

This is an update to the January 1, 2010 Kauai REO, Kauai Foreclosures, Kauai, Hawaii Foreclosures list. Scroll down to the January 1, 2010 list to see the complete list of Kauai REO properties:

Kapaa, Kauai, Hawaii Farmers Market

Julie A. Black CRS, GRI, Realtor : Real Estate Agent in Kapaa, HI

DSC02003The coconut stand is one of the most popular booths at the Kapa’a Farme'rs market. The market starts at 3:00pm on Wednesday at the Kapaa’a Ball Park near the roundabout.

Search all Kauai Homes at www.kauaidreams.com Search the Kauai MLS at http://www.kauaidreams.com Search Kauai Property at http://www.kauaidreams.com Search Kauai real estate at www.kauaidreams.com.

How Does the Short Sale Process on Kauai Work Anyway...

Ronnie Margolis, Kauai Realtor®,  CDPE, ABR, RA - On Top of the Aloha Beat: Real Estate Agent in Kapaa, HI

This diagram below over simplifies the Short Sale Process. It's important to know that any one of these stages can take weeks to occur. The main point of this post is so that you understand the Short Sale Process and temper your expectations with the knowledge that the timeline is pretty much out of your (and everyone else's) control. A great exercise in surrender, that's what I'd say.

Short Sales Process

One thing to note. With many banks these days, the loan modification department and short sale department are one and the same. This means the these folks are swamped. As one Home Rescue consultant described it to me, "Imagine your local Costco totally empty. And all there is are desks and piles of paper. That is what some of the bank's short sale/loan mod departments look like.  The grey box in the center of the diagram can take months. It can take months to even get a response from the bank and then if the price offered has to be renegotiated you can go back around in that circcle for quite some time.

Wanna know more about Kauai short sales. Wanna know about great buying opportunities here on Kauai. I can send you a list of all the ofreclosure and short sales. Just drop me a note or check my blogs frequently.

 

 


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August 24 2009 Kauai Foreclosure REO List Update

Julie A. Black CRS, GRI, Realtor : Real Estate Agent in Kapaa, HI

August 24 2009 Kauai Foreclosure REO List Update

August 24 2009 Kauai Foreclosure REO List Update

New Upcoming REO’s:

    Waipouli Beach Resor nightWaipouli Beach Resort bathWaipouli Beach Resort view

  1. 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.
  2. Ku Aina Kakela Makai

  3. Kua Aina lot 42. Kakela Makai, Kalaheo. A split level lot with unobstructed ocean & mountain views. Owned by IndyMac Bank.
  4. 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:

  1. Banyan Harbor G-80, Lihue. A 2 bedroom 2 bath fully furnished condo with partial ocean view. New price $224,0000. MLS#22593
  2. 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.
  3. Kauai Beach Resort #2506 307 #2506 0/1 MLS# 223038 $125,000 .Owned by Finance Factors (FF)
  4. Kauai Beach Resort #2544 320 #2544 0/1 MLS #223037 $125000. FF
  5. Kauai Beach Resort #4110 320 #4110 0/1 MLS #223033 $145000. FF
  6. Kauai Beach Resort #4214 360 #4214 0/1 MLS #223035 $150000-offer pending. FF
  7. 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


July 27, 2009 Kauai REO Foreclosure Update

Julie A. Black CRS, GRI, Realtor : Real Estate Agent in Kapaa, HI

This post is a weekly update to the July 1, 2009 list. Please scroll down to the 7/1/09 list for a complete list of Kauai Hawaii Foreclosure & REO list.

New Listings:
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#1.148 Royal Drive, Wailua Homesteads. This is a large older main house of 4 bedrooms and 2 baths (maybe 3) and a 1 bedroom 1 bath cottage on 1.8 acres on the rim in Wailua for only $599,900. MLS#226200.

#2. 4262 Oama Place, Puhi (Lihue). This 3 bedroom 2 bath home near shopping and schools. 2 windows are broken and flo0ring is needed in the bedrooms. The location is great. Near schools and town. $354,000 MLS#226132

#3. 5358 Kula Mauu St, Kapaa. This 3 bedroom 2 bath home is price right at $316,900. MLS#226104. Offers are pending so hurry.

In escrow:
#1. 3371 Kai Lani Place, Hanapepe $334,900 MLS#225791.

Price Reductions:
#1.1672 Kelaukia Rd in Lanai Villas in Poipu. $1,034,550. This 3 bedroom 3 bath home in the exclusive subdivision of Lanai Villas in Poipu Kai bordering the greenbelt. It is in excellent condition and is located in the VDA so vacation rentals are allowed. Steps away from the Hyatt and beach. MLS#225197
#2. 4345 Naulu Place, Koloa. Located off of Omao Road this property is a true fixer upper. It has some nice features and it also has damage, rot and mold. It is part of a CPR. $211613. MLS#225407
#3. 2891-C Pua Nani St, Lihue. This is a spacious 4 bedroom, plus office, 2.5 bath home, $449,000 MLS#224496. An IndyMac REO.
#4. 5086 Napookala Circle, Princville $799,800 MLS#220705. This home has a great location in Princeville, in Sunset Circle.
#5. 4754 Kalamania Rd #B, Kilauea. 1/1 2.98 acres $424,900 MLS#219109 Fannie Mae/Freddie Mac REO

Solds:
#1. Pono Kai #C209 2/2 Oceanfront condo. Kapaa. $424,900 Sold $380,000 cash 7/24/2009 MLS#218983.
#2. Princeville Paniolo #103. 1/2 but set up is similar to 2 studios. $209,900. Freddie Mac Sold $184,900 cash 7/20/2009
#3 3834 Haulani Place, Princeville. 3/3 2048 sq.ft. home MLS#219148. Reduced to $588,900. Sold $567,000 CNV 7/21/2009.

An REO sucess story:
4217 A Anahola Road before & after:
Anahola houseAnahola after

Anahola bkitchenAnahola kitchena

PAUL & CORY DID A GREAT JOB ON THIS REMODEL! I believe its for rent. Check out our rentals on the rental link on our home page web site.

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