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.
QUICKEN LOANS INC. vs. DENNIS EUGENE WHEELER ET AL; CIVIL NO. 3CC161000147 (HILO)
LOCATION OF PROPERTY: 15-1879 32nd Avenue, Keaau, Hawaii (DIRECTIONS)
ABBREVIATED DESCRIPTION OF PROPERTY: All of that certain parcel of land situate at Keaau, District of Puna, Island and County of Hawaii, State of Hawaii, described as follows: LOT 203, area 1.000 acre, more or less, BLOCK 8, as shown on Map 60, filed in the Office of the Assistant Register of the Land Court of the State of Hawaii with Land Court Application No. 1053 (amended) of W.H. Shipman, Limited (CLICK HERE FOR FULL LEGAL DESCRIPTION)
TMK: (3) 1-5-016-104-0000
IMPROVEMENTS: 3 bedroom, 2 bath, 1,632 square feet house built in 1981 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 $326,300.00.
Saturday, May 14, 2022 from 11 a.m. to 1 p.m.
Sunday, May 22, 2022 from 11 a.m. to 1 p.m.
PUBLIC AUCTION was held on Monday, June 6, 2022 at Noon at the front of Hale Kaulike (the Hilo courthouse), 777 Kilauea Ave, Hilo, Hawaii. A high bid of $254,020.64 was received. The sale is subject to court confirmation.
CONFIRMATION HEARING was held on **THURSDAY, AUGUST 4, 2022 at 8:00 a.m.** in the courtroom of the Honorable Peter Kubota, Hale Kaulike, 777 Kilauea Avenue, Hilo, Hawaii. Judge Kubota is in Courtoom E on the 3rd Floor. Sale was confirmed for $254,020.64.
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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