NOTICE:The information provided here is for the benefit of interested persons but the Commissioner does not warrant the accuracy of the information. Persons interested in bidding should do their own independent investigation.
SPECIALIZED LOAN SERVICING LLC. vs. AMANDA MARIE MOLHOEK NKA AMANDA MARIE POLIDO ET AL; CIVIL NO. 3CC141000278 (HILO)
LOCATION OF PROPERTY:
11-3135 Alii Kane Street, Volcano, Hawaii
SUBDIVISION: Royal Hawaii Estates
ABBREVIATED DESCRIPTION OF PROPERTY: All of that certain parcel of land situate at Keaau, Puna, Island and County of Hawaii, State of Hawaii, described as follows: Lot 1601, area 10,000 square feet, more or less, as shown on Map 48, filed in the office of the Assistant Registrar of the Land Court Application No. 1053 (amended) of W.H. Shipman, Limited.
IMPROVEMENTS: 2 bedroom, 2 bath, 864 square feet house built in 1992 per the records of the County of Hawaii Real Property Tax Office.
ASSESSED VALUE: Per the most current information available on the website of the County of Hawaii Real Property Tax Office, the 2022 assessed value of this property (land & improvements) is $169,800.00.
OPEN HOUSES HELD ON:
Saturday, February 11, 2023 from 11 a.m. to 1 p.m.
Sunday, February 19, 2023 from 11 a.m. to 1 p.m.
CLICK ICON FOR PHOTOS OF PROPERTY
PUBLIC AUCTION HELD ON:
Monday, March 6, 2023 at Noon at Hale Kaulike (aka the Hilo courthouse), 777 Kilauea Avenue, Hilo, Hawaii. A high bid of $207,000.00 was received from Plaintiff Specialized Loan Servicing LLC.
CONFIRMATION HEARING HELD ON MAY 4, 2023:
The sale of the property to Plaintiff Specialize Loan Servicing LLC for $207,000.00 was confirmed.
HALE KAULIKE, 777 KILAUEA AVE, HILO HI
TERMS AND METHOD OF SALE:
The property will be sold "AS IS" to the hightest bidder at the auction. THE SALE IS NOT FINAL UNTIL APPROVED AND CONFIRMED BY THE COURT. The highest bidder for the property is required to make a down payment in cash, certified check, or cashier's check at the time of the bid in an amount equal to ten percent (10%) of the bid price. The balance of the price shall be paid in cash, certified check, or cashier's check to the Commissioner (through escrow, if requested by purchaser) after approval and confirmation of the sale by the Court. Purchaser is responsible for paying the costs of conveyancing, including document preparation, recordation, conveyance tax, and securing possession of the property.
PREQUALIFICATION OF BIDDERS:
All bidders must prequalify before bidding begins. Immediately prior to the auction, the Commissioner will require all interested persons to show they are ready and able to make the 10% downpayment required of a successful bidder. The information is not shared with other bidders. During the auction, a bidder may not exceed the amount determined to be his or her maximum bid. FOR EXAMPLE: If you show the Commissioner that you have $10,000.00 at the start of the auction, you may bid up to $100,000.00. You do not have to bid the full amount, but you cannot bid more than that amount. If you have any questions about this requirement, please contact the Commissioner in advance of the auction.
Information provided by the Commissioner is not intended to be legal advice and should not be relied upon as legal advice. If you are uncertain to your rights as a purchaser or any aspect of the foreclosure process that may pertain to you as the purchaser, you are encouraged to consult an attorney of your choice.
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