Ocean View, Hawaii 96704
Listing Details
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Ocean View, HI 96704

2 Beds | 1 Bath
Foreclosure
Listing ID: 52797712

$62,900

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: $62,900
    • Bedrooms: 2
    • Bathrooms: 1
    • Full Baths: 1
    • Total Square Feet: 704
    • Lot Size: 1 acres
    • Year Built: 2006
    • Description: This compact 704 sq ft, 2 bedroom and 1 bath home on one acre is located in upper Ocean View and has great views! The driveway is concrete for ease in accessing the home that sits up on a high spot to take advantage of those incredible views of South Point and the blue Pacific. The lot is graded lava and there's another flat spot located behind the house and catchment tank. Hardwood floors throughout the interior could be refinished and ceilings are vaulted pine and beam. It is unknown if the appliances are functioning, but kitchen contains a stove and fridge.
      Will need some major repairs, so possibly it might qualify for a rehab loan? Potential buyers would need to investigate this financing option. House will be sold AS IS. No offers will be negotiated or accepted in the first 7 days after listing becomes active. Copyright 2019 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    • Source ID: 631086
    • Days On Site: 189
  • Property Tax Roll
    • Subdivision: HOVE
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $330 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $6,290 (10%) down.

      Check rates now!
  • Contact Information
    • Agent Company: The Land Office, LLC
    • Agent Name: Nancy Stafford
    • Agent Company Address: P.O. Box 510
    • Agent Company City: Naalehu
    • Agent Company State: HI
    • Agent Company Zip: 96772
    • Agent Company Phone: (808) 939-7227
    • Agent Company Email: Email Now
    • Agent Phone: (808) 939-7227
    • Agent Email: Email Now

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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