Kailua Kona, Hawaii 96740
Listing Details
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Kailua Kona, HI 96740

1 Bath
Foreclosure
Listing ID: 52766175

$149,900

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices. For more check out 'First Steps' below.
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  • Property Information
    • Price: $149,900
    • Bathrooms: 1
    • Year Built: 1976
    • Property Description: First Floor Ocean View Studio Condo in the very popular Kona Bali Kai condominium complex! Incredible and rare fixer-upper opportunity. Perfect for the handyman or contractor looking for a solid bargain. Unit is ready for your TLC renovation. This flexible floor plan offers lots of potential as a vacation rental, second home or an owner occupant. It even has in-unit laundry and a dedicated parking stall right next to the condo. Imagine being just steps away from the popular and very beautiful Banyan's Beach and Surf Break. Kona Bali Kai is on Historic Alii Drive and offers a pool. spa, ocean front gas BBQ Grills and so much more! This condo is nearly oceanfront with a nice ocean view and is in the approved zoning area for vacation rentals!No warranties/guaranties/sellers disclosure. Seller will not provide a TIR or HOA documents. Seller reserves the right to review/accept any offer regardless of order submitted. Buyer/Buyer's agent should independently verify all information. Accepted offers will be countered on bank's addendum. Email offers on standard HAR forms with proof of funds letter and a copy of the EMD check to ken.anderson@windermere.com. Day 1-7 no offers acceptedDay 8-16 offers for buyers purchasing for primary residenceDay 16+ offers from all buyers acceptedSee attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274
    • Comments: Sale Pending
    • Source ID: REO484561
    • Days On Site: 206
  • Property Tax Roll
    • Property Type: Condo
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $787 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $14,990 (10%) down.

      Check rates now!
  • Contact Information
    • Agent Company: Windermere C and H Properties
    • Agent Name: Kenneth Anderson
    • Agent Phone: (808) 329-2601

FIRST STEPS:

Foreclosures

You've identified an ideal foreclosure property. Now what?

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Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers.

A property will most likely be listed with a Realtor® who can assist you with submitting an offer.

Contact the listing broker's office as soon as possible to learn about how to visit the property, make offers, and close a transaction. For your convenience, this contact information is located to your left under the property's "Contact Information" header.

This is a big investment. Therefore, learn as much as you can about the property, lender, loan amount and expenses the lender wants to recover.

Once you've gathered this information, it's time to make an informed offer.

Always keep in mind that the seller's primary objective is to recover the amount of the loan balance that was not paid by the previous homeowner, as well as the costs of the foreclosure action and other expenses.

However, the longer lenders own properties, the more eager they become to sell them, often at reduced prices.

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