As Suzanne stated this a legal document filed with the court by a mortgage company or some other entity that is owed money by someone who has their property up as collateral to guarantee payment of the loan or it could be some type of lien. This has nothing to do with the bid or amound of bid that this property is going for. In fact at this time we do not even know if this property is going to go to auction. This could be the beginning foreclosure proceedings on the property but at this time more research would be need to find out what is going on with this property. If you need additional information do not hesitate to give me a call or email me.
Mahalo nui loa,
Bill Parecki
Realtor Salesperson (RS)
Accredited Buyer's Representative (ABR)
REO Default Certified Professional (RDCPro)
Short Sales & Foreclosure Resources (SFR)
Technology and Social Media Certified (E-Pro)
Certified Foreclosure Specialist (CFA)
Top 1% of Agents in the State of Hawaii
There is no substitute for experience
Hawaiian Island Homes Ltd
Telephone: (808) 345-8818
Facsimile: (808) 934-7400
HawaiianIslandHomes@gmail.com
If you need further information on the property or comparable sales of neighboring properties, let me know.
Aloha,
Frank Diaz
(RA) MBA, e-PRO, REALTORĀ®
East Oahu Realty
808.723.0900 cell
808.791.2277 direct

Again, thank you and God Bless
Justine