Kauai Foreclosure Update – March 16

The last two weeks have seen a lot of auctions for Kauai foreclosures postponed on the courthouse steps.

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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 the Kauai Beach Resort is in building 1 with an ocean view. Many people are attracted to a Kauai condo at the sub $100,000 price. It’s crucial to know that this unit is a hotel room and does not have cooking facilities. It DOES however have consistent revenue as the Kauai Beach Resort is a wonderful place to stay and vacation.

This is one of the lesser priced homes on Kauai’s eastern shores.

2) This small home on Puka St. (MLS# 232705) on the northern end of Kapaa is not quite a short sale but for an offer under $220,000 it will most likely become one.

New REO in Kapaa.

3) The REO listing on Papau St. (MLS# 232990) like all Kauai REO properties comes AS-IS. That IS one minor benefit of the short sale, as a buyer can often get a Sellers disclosure that is not available when purchasing from a bank. A careful inspection is highly recommended when purchasing any distressed property.

Waipouli Beach Resort REO already under contract.

4) Offered at $675,000, Unit A404 at the Waipouli Beach Resort (MLS# 232766) is a new REO and is already under contract. This luxury resort affords great opportunities for buyer’s who prefer luxurious amenities and convenience. With Subzero Refrigerators and Wolf Ranges, these are some of the most luxurious units on the island. This unit is a First Hawaiian Bank REO and comes AS-IS.

5) 4530 Kuawa Rd #E (MLS# 232635) $595,000

6) 3874 Hunakai St (MLS# 232974) $434,900

Stay in touch with my blogs for updates on Kauai foreclosures and short sales. Email me for a list of all pre-foreclosure Kauai properties.

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