ARCHIVED BLOG POSTS

2010 

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Maui County's first tax auction in 17 years. In addition to the mortgage based short sales and foreclosures on Maui, the Maui News just reported a tax auction. This article detailing Maui's first tax auction in 17 has some lighter moments, but this is no laughing matter.  According to the article...
05/27/2010

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Pitfalls in purchasing. Lots of investors are looking for bargains, smoking deals and steals when it comes to short sales and foreclosures on Maui.  But this is no place for the novice real estate investor to try and find his or legs.  There is an old saying, "what you don't know won't hurt you."...
05/25/2010

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Last week the Aloha Potts Team received approval on another short sale in central Lahaina.  The seller at one time was earning a significant income.  When he bought a second home in Maui he thought he was doing the right thing.  He was living the American dream, investing in paradise and making a...
05/25/2010

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According to John Anderson, Executive Director of Na Hale O Maui, there are over 700 properties in foreclosure on Maui right now.  According to the Maui MLS there are 211 properties listed as short sales today.  That is a difference of almost 500 homes.   What are those 500 property owners doing?...
05/24/2010

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When is a deal a deal?  When is a mess a mess? Navigating through the complexities of a foreclosure can lead you to the conclusion that buying a condo for $1, even in Wailea, Maui, may not be a good deal, just a mess. This Maui News articlechronicles the plight of associations as they try to deal...
05/23/2010

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All it takes is time, persistence and a bit of practice to get short sales closed on Maui. Barbara Potts recently closed a short sale at Hale Kai an oceanfront complex on Maui.  It only took 1 year, 4 offers (each lower than the previous offer), hours upon hours of talking to numerous Indy Mac de...
05/22/2010

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Kaanapali Shores 843 Updated Condo with Panoramic Views! View Video Tour You’ll fall in love with the panoramic views of the blue Pacific and Molokai across the channel. You can drink in the view from the living room, the dining room, kitchen and, of course, the lanai. The lanai is where many of ...
05/04/2010
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