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: The Bank of New York Mellon fka The Bank of New York, as Trustee for the Certificateholders of the CWALT, Inc., Alternative Loan Trust 2007-16CB Mortgage Pass-Through Certificates, Series 2007-16CB, a New York Corporation vs. Dale Ann Wagner, Trustee Under That Certain Unrecorded Irrevocable Trust Agreement Dated August 1, 2008 et al; Civil No. 3CC191000014
IMPROVEMENTS: Per the online records of the County of Hawaii Real Property Tax Office this property is a 0.2101 acre lot, more or less, upon which is located a one bedroom, one bath 672 sq. ft. house with an effective year built date of 2006.
OPEN HOUSES WERE HELD ON:
Saturday, December 17, 2022 from 11:00 a.m. to 1:00 p.m.
Sunday, December 18, 2022 from 11:00 a.m. to 1:00 p.m.
PUBLIC AUCTION WAS HAD ON:
Tuesday, January 17, 2023 at Noon at Hale Kaulike (the "Hilo courthouse), 777 Kilauea Avenue, Hilo, Hawaii. A high bid of $96,000.00 was received. Bidder was declared the purchaser subject to court confirmation.
April 3, 2023 at 8:00 a.m.
Courtroom D on 3rd Floor of Hale Kaulike, 777 Kilauea Ave, Hilo, HI
THE HEARING WAS HELD AS SCHEDULED.
SALE OF THE PROPERTY WAS CONFIRMED FOR $96,000.00
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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