Auction Recap - 75-5681 Kuakini Hwy #118. Bank was the winning bid.
Click here for a copy of the Foreclosure Notice.
Click here for a copy of the Fact Sheet
The auction for 75-5681 Kuakini Hwy #118 was held at noon on September 8th. This was a tenant-occupied condo in Kona in poor condition. Besides the bank representative and the commissioner, there were 4 registered bidders* and 4 observers in attendance. The amount owed according to the fact sheet was $168,237.55 as of September 30, 2019. The bank bid $214,507.91. No one bid against the bank.
*There were two auctions held by the same commissioner and 4 bidders registered. I could not tell who registered for which property.
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