Home Affordable Foreclosure Alternatives (HAFA) – Bank approved listings are getting ready for market. When the Treasury Department rolled out their HAFA plan, part of their Making Homes Affordable Program, agents like myself had guarded optimism about HAFA expediting the short sale process. Well, it hasn’t quite played out like that. My first HAFA listing [...]
Kauai Foreclosure Update for the week of October 24th – 31st This week on Kauai, 4 properties were reverted back to the lender on the courthouse steps. 3 auctions were canceled and SIXTY auctions were postponed. Is this a reflection of some of the foreclosure freeze news? One can only guess, but perhaps. 11 new [...]
This newly listed property at 4477 Kanaele St. in Kapaa is a superb opportunity for an investor with a little imagination. Listing price is $392,000. The main home sits on a 3.5 acre parcel with many mature fruit trees including mango, lychee and avocado. Owner put new 20 yr. roof on both homes and is [...]
Kitchen and living room with natural light at 4852 Hauaala Rd. (MLS# 233613) I have met many local property owners who are always in the market for a good investment property. Some define that as a multi-family property with multiple rentals. I have two short sale opportunities on Kauai’s east side that provide such an [...]
As we moved from April into May’s market the number of distressed property listings continues at a brisk pace. There are three new short sales at the Kauai Beach Resort including a unit at $40,000 (MLS# 234148). Pretty soon they’ll be paying us to take these units, LOL. At the Islander on the Beach, a smaller [...]
Whatever your price range, there’s a REO for you. Kauai’s REO inventory offers homes in multiple price ranges, although the majority of the bank-owned properties are in a more modest price range. When the banks foreclose, the banks have already done an appraisal and are pretty clear on the value of the home. REO listings [...]
While we have a few new REO listings and there are 16 Kauai REO properties in escrow, we continue to see an increase in short sales. Once the major lenders launch their participation in the HAFA program, we will continue to see more short sale opportunities and hopefully the time frame from writing an offer [...]
The last two weeks have seen a lot of auctions for Kauai foreclosures postponed on the courthouse steps. View all Kauai Foreclosures → Here are the latest list of Kauai Short Sales and Kauai foreclosures for the last two weeks. Sub $100K Kauai condo without kitchen. 1) Listed at $75,000, Unit 126 (MLS# 232544) at [...]
Time is running out for the extended first-time homebuyer’s tax credit. Join the experts from Wells Fargo Home Mortgage, Title Guaranty Escrow, Hawaii Life Real Estate, and 101 Financial who are co-sponsoring four free first-time home buyer seminars on March 22, 24th and 26th and the following week on April 1st. Register online Sometimes when [...]
The latest two weeks of new listings on Kauai feature something old and something new. View all Kauai Foreclosures My new listing of 10.8 acres on Kuamoo Rd. offer a superb opportunity for a developer. Zoned R-2, 2 homes to an acre, this is an opportunity for a smaller subdivision or CPR. Let me know [...]
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