Chase Home Finance, LLC vs. Hatfield, et al., Civil No. 09-1-0106
now known as
Federal National Mortgage Assoc. v. Hatfield, et al, Civil No. 09-1-0106
Note: Federal National Mortgage Association was substituted as Plaintiff by order of the court on January 13, 2012.
NOTE: Mouse over "FORECLOSURE INFO" on menu to left to see links to pages with additional information, photographs, & directions. Links to the same pages can also be found at the bottom right of this page.
IMPORTANT NOTICE
The sale described on the page is
POSTPONED UNTIL FURTHER NOTICE
Information on this page may or may not change when the sale resumes. Plaintiff is seeking an amended order concerning the sale and the property or properties to be included. Please check back for updates.
General Information (Last update: 02/02/12)
IMPORTANT NOTICE:This information is provided for the benefit of interested persons, but the Commissioner does not warrant the accuracy of the information and parties interested in bidding should do their own independent investigation.
LOCATION OF PROPERTY: The property is located at 93-8318 Lauhala Street, Ocean View, Hawaii, 96737 within the Hawaiian Ocean View Ranchos subdivision. The property is 3.315 acres, more or less, with one blue two-story house.
93-8318 LAUHALA STREET
PROPERTY SIZE: The lot is 3.315 acres, more or less.
STRUCTURES: There is one two-story house. The interior is unfinished. There are no appliances. House is on catchment system. No representations are made concerning the condition of the premises. Interested parties are encourage to attend open houses to do their own inspection.
SIDE VIEW OF HOUSE
AUCTION DATE: POSTPONED UNTIL FURTHER NOTICEPublic auction of the property will be had on Tuesday, February 21, 2012 at Noon at the front entrance of Hale Kaulike (aka the "Hilo Courthouse)(pictured to the right), 777 Kilauea Avenue, Hilo, Hawaii, 96720.
OPEN HOUSES: The property was open for inspection from 11:00 a.m. to 2:00 p.m. on Saturday, January 28, 2012. The open house previous scheduled for Sunday, February 5, 2012 is CANCELLED due to the postponement of the sale..
Hale Kaulike
PRIVATE SHOWINGS: None. Interested persons are strongly encouraged to attend the open houses to inspect the premises. Under ideal circumstances, requests for private showings can only rarely be accommodated because they increase the cost of the foreclosure to the parties. Commissioners are paid on an hourly fee basis from the proceeds of the auction. The Commissioner will NOT be able to accommodate requests for privates showing of this property due to its distance from Hilo.
TERMS OF SALE: The property is sold "AS IS" to the highest bidder at public auction with no upset price. THE SALE IS NOT FINAL UNTIL APPROVED AN CONFIRMED BY THE COURT. The highest bidder for the property is request to make a down payment in case, certified check, or cashier's check at the time of the bid in an amount equal to ten percent (10%) of the bid price. The balance of the bi must be paid to the Commissioner upon approval and confirmation of the sale by the Court. The purchaser is responsible for paying the cost of conveyancing, including document preparation, recordation, conveyance tax, and securing possession of the property.
PREQUALIFICATION OF BIDDERS: All bidders at the public auction MUST prequalify before bidding begins. Immediately prior to the auction, the Commissioner will require all interested persons to show they are ready and able to make the 10% down payment at the conclusion of bidding. This information is not shared with other bidders. During the auction, a bidder may not exceed the amount established as his or her maximum bid. For example, if you come to the auction with $50,000.00, your maximum bid is $500,000.00. You do not have to bid that amount, but you cannot go over that amount. If you have questions about this requirement, please contact the Commissioner in advance of the auction date.
CONFIRMATION HEARING:
WHEN: NOT YET SET. The confirmation is set after the auction. Please check back.
WHERE: The confirmation hearing will be held before the Hon. Gregg K. Nakamura, Judge of the Third Circuit Court, in his courtroom at Hale Kaulike (the "Hilo Courthouse"), 777 Kilaue Avenue, 3rd Floor, Hilo, Hawaii.
WHAT HAPPENS: At the hearing, Judge Nakamura will decide whether or not to allow the property to be sold for the high bid at the auction. Bidding can also be re-opened at the hearing. Judges usually require an opening bid of 5% more than the bid received at the public auction.
FORECLOSURE SALE
LINKS TO OTHER PAGES ABOUT THIS FORECLOSURE ON THIS WEBSITE.
Disclaimer of Liability: The information provided by this website is not to be considered legal advice and the purpose of this website is not to provide legal advice. An attorney-client relationship is not created by this website. If the reader has a legal problem, he or she should consult with an attorney. Any information contained in an e-mail sent to us shall not be considered privileged or confidential. E-mail is not a secure means of communication and should not be considered such. While the information on this site is about legal issues, it is not legal advice. Moreover, due to the rapidly changing nature of the law and our reliance on information provided by outside sources, we make no warranty or guarantee concerning the accuracy or reliability of the content at this site or at other sites to which we link.
Note: Links to other sites are provided for amusement only. We do not warrant or endorse external sites.
