Kauai Foreclosures Sell Fast

In a market where listings take 6-9 months to sell – if they sell, we’re seeing a quick movement on Kauai foreclosure (REO) listings. 

  • Buyers – if you’re interested in foreclosure listings, contact me so I can set up automatic email updates for you, and be ready to make an offer right away.  Strong offers are all cash, or prequalified with proof of cash funds.
  • Sellers – take note of the price range of properties similar to yours that are selling as foreclosures or short sales.  That’s where our market values are today, and you can compete successfully in that range – as buyers will always prefer to buy from an individual.  But the reality of the market the “bulls eye” of pricing now reflects the distressed property valuations.  For a complete market analysis of your property, please feel free to contact me.

Following are all the Kauai foreclosure (REO) lsitings currently in escrow.  Please note the Days on Market (DOM)…typically going into escrow in under 30 days:

  1. Kauai Beach Resort #4208 – listed for $139,900
    MLS 220882 – in escrow within 40 days
  2. 5573 Kuamoo Road #1, Kapaa – listed for $225,00
    Small 2 bedroom / 1 bath CPR house located close to the road
    MLS 221077 – in escrow in 14 days
  3. 383 Laaukea Pl, Kapaa – listed for $350,000
    3 bd / 2 bath standard floor plan with carport – Not a CPR
    MLS 221886 – in escrow in 9 days
  4. 4836 Puuwai Road #A, Kalaheo – listed for $290,000
    2 bedroom /1 bath CPR house on almost 12,000 sq ft lot
    MLS 221776 – in escrow in 17 days
  5. 4801 Lae Road #4, Kalaheo – listed for $365,000
    3 bd / 1 ba CPR home on large upcountry lot of 18,949 sq ft
    MLS 219749 – in escrow twice, price dropped from $399K
  6. 5027 Puuwai Road, Kalaheo – listed for $678,900
    3 bd / 4 ba CPR home of over 2,000 sq ft on 18,949 sq ft lot
    MLS 220522 – in escrow in under 12 days

Of note – I started this post before the weekend, and this morning  I find that our Kauai market trends tie into National Real Estate updates.

Today’s Wall Street Journal, The Washington Post and MSNBC.com report the largest increase in home sales in 5 years, but note that foreclosures and short sales reflect about 45% of reported sales. 

It’s reported that the increase in home sales has driven part of today’s rally on Wall Street.   This positive news reflects the common sense perspective many of us have had throughout this market disaster – that Main Street will have to rebound in order for Wall Street to stabilize. 

Hopefully, lenders will make loans more available and attractive for buyers who are well qualified, and interested in buying real estate.

More on using a Buyers Agent, and Buying Property on Kauai.

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About Susanna "Susie" Kunkel, RA

With a belief that life is too short to not follow your dreams, Susie and her daughter became new Kauai residents in less than 4 months after visiting for the first time in 2000. She brings a wealth of information from her background in administrative, contract and paralegal work in a variety of industries including technology, investment banking, biotech and estate planning. As a Realtor, Susies's tenacious and technical approach have earned her a large group of extremely loyal clients. Susanna is a steadfast believer in "The Golden Rule", and applies it to her approach as a Realtor. "Each client and each property are unique, so it's important to me to listen intently to what my clients' goals are, and to make sure I go above and beyond to help meet them."
This entry was posted in America's Credit Crisis, Buying a home, Foreclosure Prevention, Housing market, Kauai foreclosures, Kauai market updates, Selling your home, Short Sales and tagged , , , , , , , , , , , , . Bookmark the permalink.

2 Responses to Kauai Foreclosures Sell Fast

  1. rebecca says:

    please send updates on foreclosures and short sales between anahola and hanalei. thankyou

    • Hi Rebecca,
      I sent you links to complete listing data and a new opportunity that’s not a short sale or foreclosure – just a great deal! Please check your spam filters and junk mail for the info.
      Susie

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