Kauai Foreclosure and Kauai Short Sale Update

Posted on January 19, 2010. Filed under: Kauai Foreclosure, kauai REO, Lihue Foreclosures | Tags: , , |

The distressed property activity on Kauai continues to expand as we move into the New Year. Here are the newest short sale and REO (bank-owned) listings through yesterday January 18th, since the beginning of the year. Navigate to my website and enter the MLS number to search for photos and more information, Our view my visual Kauai Foreclosure Gallery at Hawaiilife.com. Properties that show up with the status of Back on the Market may simply have re-listed after expiring or may have fallen out of escrow and become active again.

Kauai Short Sales and REO (bank-owned) current status

Kauai Short Sales and REO (bank-owned) current status

Kauai Short Sales and REO (bank-owned)  - SOLD and Price Reductions

Kauai Short Sales and REO (bank-owned) - SOLD and Price Reductions

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Homebuyer 101 Seminar Helps Kauai First Time Homeowners

Posted on January 19, 2010. Filed under: Kauai Foreclosure, Kauai Great Value Properties, kauai REO | Tags: , , |

We’re getting the word out about the extended first-time homebuyer’s tax credit. Come and join experts from Wells Fargo Home Mortgage, Title Guaranty Escrow, Hawaii Life Real Estate, and 101 Financial in two free first-time homebuyer seminars on January 26 and 28. Participants are encouraged to register online at www.kauaihome101.com or call 346-7095 as seating is limited.

The seminars, entitled Home Ownership 101, will cover topics that are important to those considering purchasing in a real estate market that appears to be getting more affordable every month. Attendees will hopefully walk away with all they need to know and learn how to take their next steps in pursuing home ownership. If this is the year you’ve dreamed of owning a new home, this seminar can help you get jumpstarted.  And best of all, it’s free. The session on January 26th will be held at the Kauai Beach Resort starting at 7 p.m. The session on January 28th will be held at the Waimea Neighborhood Center and also starts at 7 p.m. Registration for both events starts at 6:30 p.m.

The first step is to get your financial house in order. 101 Financial will show you how getting out of debt and improving your credit score are essential in preparing yourself for home ownership. Obtaining a loan is also key to home ownership; the lending industry has changed dramatically in the last year. Come and find out what’s available. Learn about the USDA Rural Housing no-money down programs and FHA loans.

It’s not too late to take advantage of government-sponsored incentives too. First-time homebuyers could be eligible for a credit up to $8,000. Longtime homeowners could be eligible for a credit of up to $6,500. There are many bank-owned properties and short sales currently on the market. View my foreclosure gallery at hawaiilife.com. Learn how to avoid some of the pitfalls in buying a distressed property. Understand how the escrow process works as we explain step-by-step how a successful real estate transaction is completed.

Homebuyer 101 Seminar on Kauai

Remember to pre-register online as seating is limited



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Kauai Foreclosure Listings – 1st Week of September Update

Posted on September 3, 2009. Filed under: Uncategorized | Tags: , , , |

Here are the highlights of the currently foreclosed properties on Kauai. Close to 200 properties are now in the foreclosure process and that’s not including the two condotel projects which have large amounts of foreclosures. If you’d like a list of Kauai Condotel Foreclosures, I’d be happy to send that to you separately. Just send me an e-mail. Click on the MLS number to see the Hawaiilife.com website with details of the REO properties highlighted below.

1. 4726 Mimilo Rd, Kapaa. Spacious 3 bedroom, 2.5 bath home with cozy fireplace. $336,600. MLS#227235.
2. 148 Royal Drive, Wailua Homesteads. This is a large older main house (quantset hut of 4 bedrooms and 2 baths )and a 1 bedroom 1 bath cottage on 1.8 acres on the rim in Wailua for only $599,900. This lot may be subdividable, need to check with the county of Kauai.  MLS#226200.
3. 4740 Hokuloa Place, Eleele. 3 bedroom 2 bath home. REDUCED to $289,900. Not many homes for sale on Kauai under 300K  MLS#225781
4. 3995 Kamehameha Rd, Princeville, 3 bedroom 2 bath SFH of 2117 sqft. living area on a lot of 10244 sq.ft. $471,900 B of A REO – more like a teardown but it is currently under contract. This home is on the Makai golf course. MLS#223366
6. 2460 Kolo Road, Kilauea. 3 bedroom 2 bath home in the heart of Kilauea. Bamboo floors. $388,250. MLS#222904.
7. 3695 Kaweonui Rd, Princeville. 4 bedroom 2 bath good condition single family home on a quarter acre lot. Former Owner paid over 1.1 million and did some nice additions. A good value at $580,150. MLS#223822.
8. 5086 Napookala Circle, Princeville $727,800. This lot is fantastic and large. Not so sure about the home. Some of my clients don’t care for it as it’s dated.MLS#224854
9. 4919 Aliali Road, Apopo Hale #10, Kapaa. This is a 3 bedroom 1.5 home/detached condo. Tile floor. HOA fees $251.16 monthly. Includes water, yard care and other services. MLS#225118. $219,900.
10. 504 Laulea St, Eleele. 2 bedrom, 1.5 bath home. MLS# 226481. $272,250.
11. 4374 Mimilo Road, Kapaa. 3 bedroom 2 bath home in the Hundley Heights area of Kapaa. $409,900 MLS#223718.

Condos:
1. Banyan Harbor G-80, Lihue. A 2 bedroom 2 bath fully furnished condo with partial ocean view. REDUCED to $224,0000. MLS#225936
2. Mauna Ka 5A, Kao Kai Ph 1, Princeville. This 2 bedroom 2 bath condo boasts 1503 sq ft. of living area. This is the ground floor one level unit. Priced at $239,000. MLS#226523.
3. Nihilani at Princeville #14A. This is a 3 bedroom 2.5 newer condo in Princville. $489,900. MLS#225806
4 Kahala At Poipu Kai #113. 1 bedroom, 1 bath condo for $337,900. MLS#225425. Bank of America REO.
9. Halelani Village #C102. 2 bedroom, 2 bath ground floor unit. $154,900. MLS#227252. Owned by Bank of America.
10. Halelani Village #S106. 2 bedroom, 2 bath unit on the first floor. Bank of America REO. MLS#227147
11. Halelani #Y204, Lihue. 2 bedroom, 2 bath condo at Halelani Village in Puhi. Owned by GMAC $154,900. MLS# 227281

Land:
1. 5622-K Ilena Ln., Kapaa. This is a vacant CPR lot of 5000 sqft. Ocean view. $124,000.
2. 2.78 acres Kulana at Kapaa. $194,900 A low price for this CPR acreage however a large assesment will be due to pay for the roads the developers failed to do. MLS#225885.

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Princeville, Kauai REOs and Foreclosures

Posted on March 31, 2009. Filed under: Kauai Foreclosure, kauai REO | Tags: , , , |

There are great values now available in both single family homes and condominiums on the North Shore of Kauai. This recently compiled list of REOs and foreclosures shows what is available and what propeties will be up and coming.  Two of the better value-priced listings that I’d like to highlight are:

Villas on the Prince – Unit 3 – $576,900Last unit sale here was $700,000

Large Townhome with single car garage

Large Townhome with single car garage

Large great room for dining, living room and relaxation

Large great room for dining, living room and relaxation

  • Private and gated complex – small number of units –
  • 3 BR/3 BA – over 1700 square feet
  • Views of the 5th hole of the Prince Golf Course, Hawaii’s #1 rated course (and way too difficult)
  • Owned by Bank of New York and priced at $576,900.00
  • Get all the Kauai MLS details HERE

Kamahana Unit 4 – $336,000

Great location on the bluff in Princeville

Great location on the bluff in Princeville

  • 2 BR/2BA Spacious Unit -1,145 sq. ft.
  • Pool, Tennis, and walk to the beach
  • Reasonable monthly maintenance fees by Kauai standards
  • Owned by Countrywide – Use a Countrywide lender and get free credit check and free appraisal

Here is a current list of North Shore Foreclosure and Pre-foreclosure properties. Many of these can be purchased as short sales too!

Auction and Pre-Foreclosure Properties in the North Shore of Kauai real estate market

Auction and Pre-Foreclosure Properties in the North Shore of Kauai real estate market


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