05-14-2011, 12:41 PM
Dan, I have been to numerous tax sales and bought several properties there. I remember one time the general bidding actually exceeded the current market values. (Stupid, huh?) I also remember when I bought a lot for $2,500 in Nanawale Estates. There really is no general rule, that's why it is called "auction"! The more desirable properties will sell at higher prices. As to the "cash" subject, try to show up there and pay say $120,000 in cash for one of those lots in Puu Lani Estates. Both the police and IRS will be very interested in talking to you. [
][][]
Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
(This is what I think of the Kona Board of Realtors http://KonaBoardOfRealtors.info)
][][]Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
(This is what I think of the Kona Board of Realtors http://KonaBoardOfRealtors.info)