ROBERT K. ALLEN, AAL, ALC

The purpose of the law is to prevent the strong from always having their way. Ovid (43 B.C. - 17 A.D.)

THE SALE OF THIS PROPERTY WAS CONFIRMED BY THE COURT ON JANUARY 30, 2024.
THIS SALE IS NOW CLOSED.
SHIGEHARA FORECLOSURE
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.
CASE NAME:  Allied First Bank, SB dba Servbank, as the Personal Representative of the Estate of Glen Hajime Shigehara aka Glen H. Shigehara, Deceased et al; Civil No. 3CCV-20-0000092
LOCATION OF PROPERTY:  
1270 A Makani Street
Hilo, Hawaii

LEGAL DESCRIPTION:    

TMK:  
(3) 2-4-072-025-0000

ASSESSED VALUES:  
Market Land Value: $204,500.00
Market Building Value: $217,900.00
IMPROVEMENTS:   Per the online records of the County of Hawaii Real Property Tax Office this property is a .3545 acre parcel, more or less, upon which is located a 3 bedroom, 1.5 bath, 1,756 sq. ft. house built in 1985.  This is a flag lot at the end of road in what appears to be a quiet, well-maintained neighborhood.  Solar panels are installed on the roof.  
CLICK ICON
FOR PHOTOS
OPEN HOUSES were held:
Saturday, October 28, 2023 from 11:00 a.m. to 1:00 p.m.
Sunday, November 5, 2023 from 11:00 a.m. to 1:00 p.m.

PUBLIC AUCTION was held:  
Monday, November 20, 2023 at Noon at Hale Kaulike (the "Hilo courthouse), 777 Kilauea Avenue, Hilo, Hawaii.   A high bid of $416,000.00 was received at the auction.  Sale is subject to court confirmation.

Hale Kaulike
Hale Kaulike
CONFIRMATION HEARING:  January 30, 2024 at 8:00 a.m. in the courtroom of Judge Peter K. Kubota.  Bidding was re-open at the hearing.  A new high bid of $460,000.00 was received and the sale was confirmed for that amount.
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 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.

DISCLAIMER: 
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.