Kapolei, Hawaii 96707
Listing Details
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Kapolei, HI 96707

3 Beds | 2 Baths
Short Sale
Listing ID: 40315381

$390,000

Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons. For more check out 'First Steps' below.
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  • Property Information
    • Price: $390,000
    • Bedrooms: 3
    • Bathrooms: 2
    • Full Baths: 2
    • Total Square Feet: 1,148
    • Air Conditioning: Ceiling Fan(s)
    • Year Built: 1979
    • Description: Contractor Special! Seldom available in Palehua Vista, Upper Makakilo perimeter lot home; cool breezes, ocean views and a great neighborhood. Needs some TLC but lots of potential to make this your dream home. Cash, rehab or conventional loans only. This is a short sale subject to lender's approval. Call your realtor today!
    • Source ID: 201329784
    • Days On Site: 2444
  • Property Tax Roll
    • Subdivision: MAKAKILO-UPPER
    • Elementary School: Mauka Lani
    • Junior High School: Kapolei
    • Senior High School: Kapolei
    • Property Type: Single Family Dwelling
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $2,048 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $39,000 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
11/03/19 01/07/20 Foreclosure View now
05/29/14 12/25/14 Preforeclosure View now
01/10/14 06/28/14 Short Sale View now
  • Contact Information
    • Agent Company: RE/MAX Honolulu
    • Agent Name: Rosa M Gomes
    • Agent Company Address: 480 Kamokila Blvd. Suite B-3
    • Agent Company City: Kapolei
    • Agent Company State: HI
    • Agent Company Zip: 96707
    • Agent Company Phone: (808) 687-8900
    • Agent Company Email: Email Now
    • Agent Phone: (808) 687-8900
    • Agent Email: Email Now

FIRST STEPS:

Short Sales

You've identified an ideal short sale property. Now what? Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value.

Read more

Indeed, the existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

On the flip side, lenders are often willing to agree to sale prices that are considerably less than what is owed on the current mortgages because the alternative is foreclosure, a costly, complicated and expensive process that will most likely only clog their non-performing asset pipeline further.

Therefore, once you identify a desirable short sale property, it's important to contact a local licensed real estate professional - or the listing agent - who can walk you through the negotiation and purchase process.

You need to act fast!

That's because short sales are time-sensitive. In addition, it's not a "traditional" transaction, meaning that it often takes longer - about four to six months on average - to close a deal.

But, more often that not, it's well worth the wait ... literally and figuratively.

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