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THIRD NOTICE OF A FORECLOSURE SALE Pursuant to the Orders filed in Civil No in Po Box 880, Kealakekua, HI 96750, US

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Location: Po Box 880, Kealakekua, HI 96750, US
Category: Events & Notices - Legal and Public Notices
Posted: 01/08/2017
Contact: 8083232699

Details

THIRD NOTICE OF A FORECLOSURE SALE Pursuant to the Orders filed in Civil No. 14-1-112K, in the Circuit Court of the Third Circuit, State of Hawaii the undersigned Commissioner has been directed to sell the following property by public auction. Property Description: 74-5105 Palihiolo Place, Kailua-Kona, HI. 96740, TMK: (3)7-4-011-024. Fee Simple, 3 bdrms, 1 and 1/2 baths, 1,232 sq. ft. house on 4,013 sq. ft. property. Sale Information: A. Open House: By order of the Court, no open houses will be held. B. Auction: Tuesday, February 7, 2017 at 12:00 noon. Hale Halawai flagpole, Kailua-Kona, Hawaii Terms of Sale: The property is to be sold in its "AS IS" condition, without any representations or warranties as to title or possession, by way of a quitclaim conveyance by public commissioner's sale, without an upset price. Plaintiff and all parties are hereby authorized to purchase the mortgaged property at the foreclosure sale. The successful bidder at the sale shall make a down payment to the Commissioner in an amount not less than ten percent (10%) of the highest successful bid price. This payment shall be in cash, money order, by cashier's check or by certified check, at the time of the auction, provided that Plaintiff may satisfy the down payment by way of offset up to the amount its secured debt ("credit bid"). Prior to bidding, any person not hereby authorized to credit bid must show the Commissioner such person's present ability to make the required down payment immediately upon the close of the bidding. At the court's discretion, the 10% down payment may be forfeited in whole or in part if the purchaser shall fail to pay the balance of the purchase price as hereinafter set forth. The balance of the purchase price shall be paid to the Commissioner upon approval and confirmation of the sale. The purchaser shall be responsible for opening escrow and all costs and expenses of the closing of the sale, including without limitation, the cost of conveyance, including preparation of the conveyance document, conveyance tax, escrow and recording fees, any proof of title or title insurance, and notary fees, as well as the costs of securing possession of the mortgaged property, shall be the responsibility of and paid by the purchaser. Neither the availability of title insurance nor securing possession of the property shall be a condition of closing. Purchaser shall be responsible for securing possession of the mortgaged property as of the date of closing. The sale shall not be final until approved and confirmed by the Court. Real estate brokerage commissions will not be paid from sales proceeds. For further information contact the undersigned Commissioner at P.O. Box 880, Kealakekua, HI, 96750, telephone (808) 323-2699 ALFRED P. LERMA, JR., ESQ. Commissioner (WHT950703 1/8, 1/15, 1/22/17)
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