Aloha Ron,

Good question! An upset price is basically a minimum price for the property to be sold. Anything below that will not result in a sale. Often times the first mortgage holder will "bid in" the amount of what is owed him (her, it...) which may also be the "upset price" as well. It actually can get more complicated that that, and a good book on economics can go on for several pages on this point alone. Hopefully, this brief will help give you an idea to work from.


Walt Berhalter
Director of Education, All Islands Real Estate School

GRI, ABR, ABRM, RSPS, SRES, E-Pro, AHWD, JD, CLU, MBA, (RB)




(808) 564-5100
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walt.berhalter@hawaiimoves.com