| MLS: 702960 Asking Price: $1,925,000 Type: Four Or More Units District: Puna Street: 13-2060 - Lolia Pl Neighborhood: Kamaili Beds: 18 Baths: 9 Living Area: 8,616 SF Land Area: 8.13 Acres Days on Market: 20436 (The Price of the property was lowered by $25,000 on 12/12/2023) Easements: Zoning: A-1A Roads: Property Taxes: $ Assessed Value: $575,200 Assessed Ratio: 334.67% Listing Courtesy: Hilo Bay Realty LLC |
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Agents: Please qualify your buyers before requesting a showing.
The Seller and Seller’s existing main lien holder are offering to finance qualified Buyers with $550,000 cash down payment. Current lien holder shall be in a 1st place position and will finance up to $500,000 for 3 years, at 6% interest rate. The Seller will finance the remaining $900,000 for up to 5 years at a 6% interest rate. Buyers will need to provide both lien holders with 2 years of tax returns, showing good credit, and be able to show income sufficient for existing expenses plus the new mortgage(s). A 7 day review period will be required.
Buyers agree to sign/notarize a Deed in Lieu of Foreclosure and the Sellers will sign/notarize a Release of Mortgage, at closing. Both documents shall be held by the 3rd party escrow company, Montana Escrow Services. Buyer to pay for monthly service fees (approximately $30/month).
This is Lava Zone 2: financing and insurance are limited at this time.
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