Hilo, Hawaii 96720
Listing Details
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Hilo, HI 96720

3 Beds | 1 Bath
Foreclosure
Listing ID: 54759218

$99,900

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: $99,900
    • Bedrooms: 3
    • Bathrooms: 1
    • Garage: 2
    • Year Built: 1984
    • Property Description: Remarks:The ideal fixer house located in Hilo in the Kaumana area. Tax records show 3 bed/ 1 bath. A great investment for a skilled buyer willing to do some work. This property is cash only and is being sold in as-is condition. Seller will not make any repairs. There are both setback issues and encroachment issues. Recent survey map attached confirming these issues. Encroachment needs to be rectified asap as adjoining neighbor is planning to build soon.Health Dept record states originally a cesspool, but neighboring vacant lot owner states theres a septic system which a portion of encroaches on his propertyPrivate Remarks:Please advise buyers that PAS provides a standard sellers addendum once an offer has been accepted.AS-ISSurvey attached, issues notedFor showing requests please Email Contact@KohalaResortRealty.Com including the date and a one hour time period to show. All offers to be submitted with proof of cash funds or pre-qual. Submit offers to Contact@KohalaResortRealty.com. Purchase Contracts and Addenda and the second will be EMD and Proof of Cash Funds or pre-qual. See 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. 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: 1-877-617-5274Driving Directions:Kaumana City
    • Comments: Sale Pending
    • Source ID: REO486060
    • Days On Site: 50
  • Property Tax Roll
    • Property Type: Single Family Dwelling
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $525 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $9,990 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
09/18/19 12/11/19 Foreclosure View now
  • Contact Information
    • Agent Company: Kohala Resort Realty LLC
    • Agent Name: Marty Smith
    • Agent Phone: (808) 880-1236

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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