74-5618 Palani Road K7, Kailua-Kona, HI 96740 - Foreclosure Notice


From West Hawaii Today 2/25/22:

Notice #: 0001362166-01

NOTICE OF FORECLOSURE SALE 74-5618 Palani Road K7, Kailua-Kona, HI 96740 TMK 3-7-4-010-036 Pursuant to the FINDINGS OF FACT, CONCLUSIONS OF LAW, AND ORDER GRANTING PLAINTIFF’S ASSOCIATION OF APARTMENT OWNERS OF KONA KAI’S MOTION FOR SUMMARY JUDGMENT AND INTERLOCUTORY DECREE OF FORECLOSURE; EXHIBIT “1”, filed February 9, 2021 in Association of Apartment Owners of Kona Kai vs. James Joseph Bragalone, et. al., Civil No. 19-1-146K, the undersigned Commissioner has been appointed to sell the above described property at public auction as follows: Property Description: 1 BR, 1 BA, 515 sq. ft. Open Houses: Saturday, March 5, 2022 at 10:00 a.m. to 1:00 p.m. Friday, March 11, 2022 at 9:00 a.m. to 12:00 noon Auction: Monday, March 28, 2022, at 12:00 noon At the flag pole fronting Keahoulu Courthouse, 74-5451 Kamakaeha Avenue, Kailua-Kona, Hawaii 96740 TERMS OF SALE: Property is to be sold “AS IS” to the highest bidder with no upset price. Not less than ten percent (10%) of the highest successful bid price in cash, certified check or cashier’s check must be deposited with Commissioner at the close of auction, provided that Plaintiff may satisfy the down payment by way of offset up to the amount of its secured debt. Prior to bidding any person not authorized to credit bid must show the Commissioner the present ability to make the required down payment in such form immediately upon the close of bidding. The balance of the purchase price shall be paid to the Commissioner upon approval and confirmation of the sale and concurrently with delivery of the documents transferring title, provided that if Plaintiff is the purchaser, Plaintiff may satisfy the balance of the purchase price by way of offset up to the amount of its secured debt. At the Court’s discretion, the 10% down payment may be forfeited in full or part if the purchaser shall fail to pay the balance of the purchase price upon Court confirmation. All costs and expenses of closing including the costs of conveyance, preparation of the conveyance document, conveyance tax, escrow, if requested by purchaser, recording fees, any proof of title or title insurance, and notary fees, as well as other costs of securing possession of the Mortgaged Property, shall be the responsibility of and paid by the purchaser. Neither the availability of the title insurance nor securing possession of the Mortgaged Property shall be a condition of closing. SALE IS SUBJECT TO COURT CONFIRMATION. ALL INFORMATION IN THIS NOTICE SHOULD BE INDEPENDENTLY VERIFIED BY PURCHASER BEFORE BIDDING. For further legal description, information and/or photographs contact ASIA VANAVICHAI, Commissioner, P.O. Box 593, Kailua-Kona, HI 96745 (mailing), e-mail: avanavichai@aol.com, phone (808) 345-9917. ASIA VANAVICHAI Commissioner (WHT1362166 02/25, 03/04, 03/11/22)

See all open houses and auctions on the calendar.

Subscribe to receive these notices via email. 

No comments:

Post a Comment

Popular Posts