The registration deadline to bid at auction for this Kuki’o Foreclosed luxury home is rapidly approaching. If you want the opportunity to purchase this estate at auction, you must register by August 31, 2010. Read entire post →
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Kukio Foreclosure Auction – Registration Deadline pending
Posted by Katie Minkus, R(BIC) on August 24th, 2010 |
Tags: Auction, Big Island, For Sale, Foreclosures, Hawaii, Homes, Kukio, Luxury, Video
$7.4 Million Price Reduction on Oceanfront Puako Beach Land for Sale
Posted by Katie Minkus, R(BIC) on August 15th, 2010 |
Tags: Big Island, Deals, Kohala Coast, Land, Oceanfront, Price Reductions, Puako, Video
It’s time to Land Bank in Puako Beach!
Originally listed for $12.9M, this 6.76 acres of oceanfront land in Puako is now asking only $5.495M!!
Original List Price: $12,900,000
List Price: $5,495,000 (-$7,405,000)
Imagine… 6+ acres of land—oceanfront in Puako Beach, one of the Big Island’s most premier, upscale communities. There are so many possibilities in terms of developing this land. Proceed with the original developer’s dream of a luxury, gated community of 8 properties, split into two or three parcels, or better yet, build one of the most prestigious, ultimate luxury estate homes on the entire Kohala Coast! With no CC&R’s, there is only County building codes for restrictions – this oceanfront parcel simply cannot be beat! Read entire post →
Deal – North Shore Maui Home for Sale
Posted by Jeremy Stice, R(S) on July 29th, 2010 |
Tags: Deal, For Sale, Hawaii, Homes, Maui, Paia, Video
A well-conditioned starter home (MLS# 344339) in North Shore Maui’s most trendy little town, Paia, home of the world famous Ho’okipa Beach Park, has just been listed at the very attractive price of $320,000.
21 Pelekana St. (MLS# 344339)
Land Bank (With Seller Financing) in Kohala By The Sea
Posted by Katie Minkus, R(BIC) on July 26th, 2010 |
Tags: Big Island, For Sale, Hawaii, Kohala by the Sea, Kohala Coast, Land, Video
You don’t need a million dollars to land bank. How about this gorgeous Kohala-by-the Sea lot (MLS# 231301) listed for $275,000 and offering Seller Financing.
There have only been two sales of Kohala-By-The-Sea parcels of land so far in 2010 – one for $215,000 and one for $300,000. Land loans are still scarce Read entire post →
Affordable Upcountry Maui Home for Sale
Posted by Jeremy Stice, R(S) on July 20th, 2010 |
Tags: Deals, For Sale, Hawaii, Homes, Makawao, Maui, Upcountry, Video
Looking for a house and detached cottage on 1/2 acre in a nice Upcountry Maui neighborhood?
Look no further than 15 Haele Place (MLS# 344127) just listed for $600,000 by the Stice Team.
$1M Off Papali Wailea Pre-Foreclosure
Posted by Jeremy Stice, R(S) on July 19th, 2010 |
Tags: Condos, Deals, For Sale, Hawaii, Maui, Video, Villas, Wailea
Bargains have officially hit the Maui Luxury market!
Papali at Wailea unit #6 (MLS# 338095) is a pre-foreclosure listed at $2,250,000
- 2008 Sales Price: $3,240,000
- Current County Assessed Value: $2,941,000
- Original Asking Price: $3,295,000
- Current Asking Price: $2,250,000
Personally, I find the design elements of the 24 homes in Papali Wailea very interesting and unlike any other’s that I have seen here. They are somewhat Bailenese style meets uber modern. They are single level energy efficient luxury homes that have very simple floor plans incorporating a fusion of top of the line building materials. The site plan of the complex follows the same trend of simplicity, elegance, and fluidity that the homes themselves posses. Read entire post →
$550,000 off Kanani Wailea REO Condo
Posted by Jeremy Stice, R(S) on July 16th, 2010 |
Tags: Condos, Deals, Foreclosures, Hawaii, Kanani Wailea, Maui, REO, South Side, Video, Wailea
The numbers speak for themselves on this awesome bank owned condo in Wailea.
Kanani at Wailea Unit#30 (MLS#344108) just listed at the ridiculously low price of $792,9000 and definitely won’t last long.
- 2007 Purchase Price: $1,343,225
- Current Maui County assessed value: $955,300
- Current Asking Price: $792,9000
Kohala by The Sea – Endless Views From This Vacant Lot
Posted by Beth Thoma Robinson, R(B) on July 15th, 2010 |
Tags: Big Island, For Sale, Hawaii, Kohala Coast, Land, Video
The Big Island—where you can still watch volcanic action creating land—has a topography defined by its five volcanoes. What that means for Big Island real estate is that wherever you look from wherever you are, you are likely to have spectacular ocean and/or mountain views. The “major highways” parallel the coast, and outside of the oceanside resorts, a typical luxury residential area is by definition located on a hillside, which means careful building and CC&Rs give everyone unobstructed ocean views!
Kohala by the Sea lot for sale (MLS# 235739)
38% off Corporate REO in Wailuku
Posted by Jeremy Stice, R(S) on July 13th, 2010 |
Tags: First Time Buyers, Foreclosures, Hawaii, Maui, REO, Video, Wailuku
A corporate REO, what’s that?
I talk to a lot of buyers who want to buy foreclosures; the first question that I ask them is if they have all cash. This is important because almost all foreclosed properties purchased at auction are purchased with cash, they generally do not accept loan contingencies and one needs to have a cashiers check on the spot for 10% of the purchase price.
So, how does one compete with banks (sellers of bank owned homes) and or other wealthy investors (sellers of corporate REOs) with cash? Generally you don’t, you let them buy the property, perform the necessary repairs and renovations, and purchase the property as a bank owned home or in this case a corporate REO. This can be especially nice considering that one can leverage the entire asset by financing it as a turn key home rather purchasing it and needing to come cash out of pocket after closing it to bring it up to a more desirable standard.
556 Akolea Place in Nanea @ Kehalani (MLS#343969) just listed for $349,000 and is perfect for a first time buyer.
- 2005 Purchase Price: $560,000
- County of Maui current assessed value: $387,100
- Current asking price: $349,000
29% off Maui Lani Residential REO
Posted by Jeremy Stice, R(S) on July 12th, 2010 |
Tags: Deals, Foreclosure, Hawaii, Kahului, Maui, Maui Lani, REO, Video
110 Papahi Loop (MLS# 344004) a virtually turn-key home represents a strong value in today’s REO market.
Why? It’s offered at great price, consists of quality newer construction, and is located in a desirable Central Maui neighborhood.
110 Papahi Loop MLS# 344004 just listed but surely will not last long.
- 2005 Purchased Price: $544,214
- 2010 County of Maui Assessed Value: $462,200
- Current Asking Price: $386,000
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