Maui

Screaming Deal – $331,000 Maui Foreclosure in Kihei For Sale

This one just listed today!!

Here you go!! Here’s a great home in Kihei and plenty of pictures to review below…Please call me, or make an offer on this to get in the offer process! This bank owned property is by far a true value with 5 bedrooms and 4 bathrooms. Please let me know if you need more photos. I have a full photo gallery to send to you with 44 pictures.

Click here to see more details about the property location, year built, and bedroom and bathroom information. Please note, that if you are an investor the first 15 days will be held open to owner occupant only!

You can see there is wood flooring

Please let me know if you want to join auto notifications on bank REOs and I will keep you posted on more deals like these. Email me direct garybland@hawaiilife.com, or visit my profile page.

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Brad Haeger, R(S)

July 14, 2011

Oddly, I like the mint green color. You’re right, this looks like a screaming Maui deal… It’ll go fast.

Brad Haeger, R(S)

July 14, 2011

Oddly, I like the mint green color. You’re right, this looks like a screaming Maui deal… It’ll go fast.

Tony Scunthorpe

July 15, 2011

So sad that some poor family have lost their beautiful home to the bank in these difficult times.

Tony Scunthorpe

July 15, 2011

So sad that some poor family have lost their beautiful home to the bank in these difficult times.

Gary Bland, RS

July 15, 2011

Aloha Tony, How true because I have seen so many of these for sale here in Maui alone. The really sad part is the bank would not sell it back to them at this price.

Gary Bland, RS

July 15, 2011

Aloha Tony, How true because I have seen so many of these for sale here in Maui alone. The really sad part is the bank would not sell it back to them at this price.

Casey

July 15, 2011

Gary, If you loaned someone 300k or 400k, and then they said, “sorry, I can’t pay that back”, would you then go back and sell the same house back to them, or any house for that matter.

How many clients would you continue to work for that didn’t pay you the commission they promised to give you after a sale? I’m guessing it’s 0.

All that aside, the primary reason a bank wouldn’t sell back the same house, is because this behavior promotes a false run-up of prices. Buyers would continue buying houses they can’t afford, knowing that down the line when the market adjusts down, they can just re-negotiate the price.

Casey

July 15, 2011

Gary, If you loaned someone 300k or 400k, and then they said, “sorry, I can’t pay that back”, would you then go back and sell the same house back to them, or any house for that matter.

How many clients would you continue to work for that didn’t pay you the commission they promised to give you after a sale? I’m guessing it’s 0.

All that aside, the primary reason a bank wouldn’t sell back the same house, is because this behavior promotes a false run-up of prices. Buyers would continue buying houses they can’t afford, knowing that down the line when the market adjusts down, they can just re-negotiate the price.

Gary Bland, RS

July 15, 2011

That is a good point. I am hoping that the banks will find better avenues to get money for loans. I feel that if they bought it back at lower price than an off set interest rate would follow. I would hope that owners have the right to own their property which they call home.

Gary Bland, RS

July 15, 2011

That is a good point. I am hoping that the banks will find better avenues to get money for loans. I feel that if they bought it back at lower price than an off set interest rate would follow. I would hope that owners have the right to own their property which they call home.

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