|Sale Type:||Redeemable Deeds|
|Bid Method:||Premium Bid
|Redemption Period:||1 Year|
|Statute Section(s):||HI Revised Statutes – Title 14, CH 246|
Rate of Return:
Hawaii has a 12% penalty rate for the first year. The penalty rate is paid on the amount paid by the purchaser, plus an additional fee for recording the deed. If a deed is not recorded within 60 days of the sale, the interest shall not be added for the extended redemption period.
Hawaii uses the “Premium Bid” method. The starting bid will include all back taxes, penalties, interest, and administrative costs. The deed will be bid up in price until a high bid has been established. The investor bidding the highest amount will receive the deed to the property.
In Hawaii there are two main areas to invest in, the west and the east. According to local facts, the west area has more property that can be accessed.
There are very few properties available in this state, but when there are auctions, they usually take place in June, November, and December.
AVAILABLE TAX SALE LISTS
Hawaii County Resource Directory
Everything you want to know that about Hawaii Tax Line Certificates is a click away. In this table below, you can click on County for links to the County websites, click Census for U.S Census bureau information, see county auction types, population, and click the map image a detailed county map.
|Hawaii County||001||Tax Lien||185,079|
|Maui County||009||Tax Lien||154,834|
|Kalawao County||005||Tax Lien||90|
|Honolulu County||003||Tax Lien||953,207|
|Kauai County||007||Tax Lien||67,091|
Reference Site Source: http://en.wikipedia.org/wiki/List_of_counties_in_Hawaii
Hawaii County Map
Local Real Estate ClubsHawaii Property Center
Contact: Edward J. Duffy
Telephone: (808) 328-9595
When: Last Sunday of each Month 5:00pm
Where: (call for location)
Captain Cook, HIMaui Real Estate Investment Club
Contact: Greg Aurand
Telephone: (808) 573-2219
When: 1st & 3rd Mondays of each Month 7:00pm
Where: 270 Lalo Street, suite #105
Kahului, HIHawaii Real Estate Investors
Contact: Paul V. Xavier
Telephone: (808) 625-8710
When: (Call for dates & times)
Where: (Call for location), Oahu, HI