Information about Foreclosures in Kona and Kohala

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We’ve been successful in competing in the foreclosure environment for our clients by more aggressively pursue foreclosures in the following ways:

1. By providing automated foreclosure alerts identifying properties the day they're listed. Specifically properties that meet your needs, particularly in those areas which over the last 6 months show significant short term price distress, yet excellent underlying fundamental value.

2. Then it's important to understanding the realistic values for a particular property, that is values established from actual distressed sales during the last 6 months. With this in mind it’s not profitable to waste a good opportunity with an unrealistic offer. I'll be able to show you what similar distressed sales have looked like in the last six months as an opportunity arises.

3. Clients serious, ready and able to act quickly on an offer, need either a verifiable source of cash funds to close or a preapproval letter from the lender at the time of the offer is presented.

All this said the recent changes in the Hawaii foreclosure laws have limited new foreclosures coming on to the market, resulting in new opportunities in short sales which are in general being better managed by mortgage holders, for a more timely sale process.

The bottom line, the opportunity to buy an exceptional property at a great price is still very good, however more intense competition in this segment of the market does require a more aggressive approach to be successful. I can help you.

I simple ask that if I find the right property through this process that you allow me to assist you with the purchase. Since the seller pays the commission, it’s a winning strategy for you, too get the benefit of the very timely information about these special properties and my professional knowledge and experience throughout the complicated steps from negotiation to closing.

Contact me today for more information about foreclosures and short sales.