$546,960

2 Beds   2 Baths   Condo
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Richards St Apt 805
Honolulu, HI 96813

Potential Profit

$102,040

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Status: Inactive
Listing ID: 56891740

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Property Information

  • Price: $546,960
  • Bedrooms: 2
  • Bathrooms: 2
  • Full Baths: 2
  • Total Square Feet: 1,180
  • Air Conditioning: Central A/C
  • Year Built: 1971
  • Source ID: 202128864
  • Day(s) On Site: 64
  • Subdivision: DOWNTOWN
  • Property Type: Condo
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Potential Home Value

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Current Value
$546,960
Potential Value
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Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Honolulu, HI
Home Inspectors
Inspect Hawaii
Oscar R Libed
808-330-2302
Home Inspections Oahu, LLC
Jay Cadavona
808-220-8686
Homes On This Street
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Richards St Apt 805
Honolulu, HI 96813

2 Beds   2 Baths   Condo

$546,960

Status: Inactive Listing ID: 56891740

Property Information

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Property Description

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Listing URL

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