From Hawaii Tribune Herald 2/8/26:
NOTICE OF FORECLOSURE SALE COURT ACTION: WELLS FARGO BANK, NATIONAL ASSOCIATION AS TRUSTEE FOR OPTION ONE MORTGAGE LOAN TRUST 2007-05, ASSET-BACKED CERTIFICATES, SERIES 2007-5 v. DEANNA L. ALLEN, ET AL., Civil No. 3CCV-20-0000466, Third Circuit Court, State of Hawaii. PROPERTY DESCRIPTION: All of that certain parcel of land (being all of the land(s) described in and conveyed by Land Patent Grant Number 6048 to J. Margues) situate, lying and being at Kaiwiki, District of South Hilo, Island and County of Hawaii, State of Hawaii, being LOT 7-A, same being a portion of Lot 7 of the “KAIWIKI HOMESTEADS” and containing an area 10.228 acres, more or less. TAX MAP KEY: 3-2-9-004-034 PROPERTY ADDRESS: 29-2382 Homestead Road, Hakalau, Hawaii 96710 SITE IMPROVEMENTS: Commissioner has not been able to inspect the building(s) on the property due to it being inaccessible. According to the County of Hawaii real property tax records, there are two main buildings on the property identified as Buildings 1 and 2. The real property tax records only include detailed information on Building 1 which indicates that it is a three bedroom, one full bath dwelling (824 square feet). Built in 1980. The tax records indicate that Building 2 comprises 1836 square feet but it appears that the building is not enclosed. The building(s) may be in very poor condition. AUCTION: Date: Tuesday, March 17, 2026 Time: 12:00 p.m. (noon) Place: Front entrance of Hale Kaulike (State Judiciary Building), 777 Kilauea Avenue, Hilo, Hawaii. TERMS OF SALE: The property shall be sold “AS IS”, without any representations or warranties as to title or possession and by way of a quitclaim conveyance upon the following terms: No upset price. Upon the fall of the hammer, the successful bidder(s) shall pay a down payment to the Commissioner, by cash or certified check, in an amount not less than ten percent (10%) of the successful bid price, with the exception of Plaintiff, who may use the amount of its secured indebtedness as the required ten percent (10%) down payment. At the Court’s discretion, 10% of the purchase price may be forfeited as reasonable damages in full or in part if the purchaser fails to close within the time set forth below. In no event shall reasonable damages be greater than 10% of the purchase price. A further hearing shall be held in this action to consider confirmation of the foreclosure sale. In the event the Commissioner or the Court determines that it would be appropriate to reopen bids in Court at the hearing to confirm sale, such reopened court bidding will be allowed on the condition that any such reopened court bid is at least five percent (5%) higher than the highest bid received at public auction. The balance of the purchase price shall be paid to the Commissioner concurrently with delivery of the documents transferring title. The Commissioner may require that the sale close through an escrow, even if the purchaser does not require one. The purchaser shall pay all closing costs, including but not limited to costs of escrow fees, title insurance premiums, conveyance document preparation fees, prorated real property and conveyance tax, recordation and costs of securing possession after closing. The inability of the purchaser to secure title insurance or financing shall not be a condition of closing. The Commissioner shall have the authority to continue the sale from time to time at his discretion. The sale shall not be final until approved by the Court. VIEWING: The Court has approved for the sale to be conducted without open houses. If the property, at some point, becomes accessible for public viewing, the Commissioner shall inform all persons who have contacted him and shown interest in the property. FOR MORE INFORMATION CONTACT: Aaron S. Y. Chung, Commissioner P.O. Box 11458 Hilo, Hawaii 96721 Phone: (808)937-4772 Email: aaronchunghilo@gmail.com (HTH1519376 2/08, 2/15, 2/22/26)
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