Looking for that great Kauai foreclosure value, you might miss listings that are priced at what the financial guys call “liquidation value” but are NOT a foreclosure or short sale.
This week I’d like to highlight two of my favorite listings on island that are privately owned, but listed at a “liquidation value” price to compete with foreclosures.
1. 3683 Anini Road – wonderful beach location listed at $1,250,000. The owners paid $1.4M in 2001. Used as a second home, not a vacation rental – the open Hawaiiana floor plan, and beach location make this a great deal. It won’t last long – it’s time to write that offer!
2. 271 Mala Street– Eastside upcountry home located in Wailua Homesteads. Listed at $449,000 with a $10,000 buyer concession offer.
These values won’t last long – be sure to contact me for more information, or to write an offer.
Remember that in Hawaii, you have an initial inspection period where you can cancel for any reason…the weather, your horoscope, your deceased mother-in-law talked to you in a dream…well, you get the idea. So don’t be afraid to make an offer and secure the opportunity to buy!