Kauai REO, Kauai Foreclosures, Hawaii – May 7, 2012 Update

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

Kauai REO, Kauai Foreclosures, Hawaii REO, Hawaii Foreclosures. This blog is an update to the May 1, 2012 Kauai REO (bank owned property) list.  It is updated weekly or on the 1st of the month and is based on the MLS inventory. (Photos of any property can be seen by taking the MLS number and plugging it into my web site www.kauaidreams.com)

In Escrow/Accepted Offers Kauai REO:

  1. Islander #137, Kapaa. Studio condo unit. MLS#254023. $79,000. Owned by Central Pacific Bank.
  2. Alii Kai #9F. 2 bedroom, 2 bath Princeville condo. MLS# 251903. $219,000. Owned by American Savings Bank.

Kauai REOs Sold:

  1. 3886A Papalina Road, Kalaheo. A 2 bedroom 1 bath home on just under a half acre. Private. $325,000. Serviced by Wells Fargo. MLS#253013. SOLD 5/7/2012 for $330,500 (CNV)
According to the Kauai MLS 71 properties sold last month April 2012 but only 8 were REOs or banked owned. 11 of those sold listings were tagged as Short Sale properties. That totals at 11.25% as REO sales and 15.5% as short sales.
 
The real news this week is that Act 48 has been modified to House Bill 1875. I have listed  some other blog addresses for information. Most the changes appear to be good but I don’t know how the banks  and their attorneys will react to it. Here are the links:

And here is the Bill:   http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=1875

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 808 652-6174 or email me at julie@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 www.kauaidreams.com
Search Kauai Property at www.kauaidreams.com
Search Kauai real estate at www.kauaidreams.com

Kauai REO, Kauai Foreclosures, Hawaii – May 7, 2012 Update Kauai Foreclosures, Kauai, Hawaii Foreclosures. This blog is an update to the May 1, 2012 Kauai REO (bank owned property) list. (Photos of any property can be seen by taking the MLS number and plugging it into my web site www.kauaidreams.com)

 
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CLMHS CRS GRI Realtor/Broker/Owner Kauai Dreams Realty 

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