NOTICE OF FORECLOSURE SALE
WITHOUT OPEN HOUSES
Civil No. 1CCV-23-0000265 (JHA), Hawaii Central Federal Credit Union v. Richard C. Monroe, et al. and Civil No. 1CCV-23-0000940, American Savings Bank, F.S.B. v. Richard C. Monroe, et al. – Consolidated Cases
Circuit Court of the First Circuit, State of Hawaii
PROPERTY ADDRESS AND DESCRIPTION: 4583 AHULI PLACE, HONOLULU, HAWAII 96816 and bearing Tax Map Key No. (1) 3-5-026-017. Single family fee simple home on a flat corner lot near Kahala Mall containing approximately 10,276 square feet. The structural improvements are contained in two separate buildings. Building 1 includes three (3) bedrooms and (2) full baths with a total living area of approximately 1,780 sq. ft; Building 2 includes one (1) bedroom and one (1) full bath connected to an open carport with a total living area of approximately 876 sq. ft. There is a swimming pool and mature trees on the property.
AUCTION DATE: WEDNESDAY, MAY 8, 2024 AT 12:00 O’CLOCK NOON, Ewa side of the front plaza level, Circuit Court of the First Circuit, Kaahumanu Hale, 777 Punchbowl Street, Honolulu, Hawaii 96813
OPEN HOUSES: PROPERTY WILL BE SOLD WITHOUT OPEN HOUSES pursuant to that certain Order Granting Commissioner’s Motion for Leave to Sell Property Without Open Houses, or, in the alternative, for Further Instructions filed November 18, 2023 filed herein on March 28, 2024 (Dkt. # 79) in the above-referenced matter.
TERMS OF SALE: Property will be sold in “AS IS” condition, without any express or implied warranties or representations of any kind, at public auction with 10% of the highest bid payable in certified or cashier’s check at the close of auction. THERE SHALL BE NO UPSET PRICE. Balance of highest bid shall be paid in full upon court approval and confirmation of sale. Potential bidders must be able to provide proof of their ability to comply with the 10% bid requirement BEFORE participating in the public auction. Purchaser shall pay ALL costs of closing, including, but not limited to, escrow, conveyance and recordation fees and conveyance taxes and is responsible for securing possession of the Property upon escrow closing and recordation. Neither the availability of title insurance nor securing possession of the Property shall be conditions of sale closing. Sale closing usually occurs within thirty-five days (35) after the entry of the order confirming sale. Real property taxes shall be prorated as of the delivery of documents transferring title. The Property, including all improvements, will be sold without personal property. Property is currently occupied, please do not disturb the occupants. ALL SALE AND TERMS OF SALE ARE SUBJECT TO COURT CONFIRMATION.
DUE DILIGENCE INFORMATION: A Foreclosure Fact Sheet is available upon request and appears to be reliable but it is not guaranteed. Potential bidders are expressly advised to perform and complete their own research and due diligence prior to bidding. For further information, contact Wayne K. T. Mau, Commissioner, 1003 Bishop Street, Pauahi Tower, Suite 320, Honolulu, Hawaii 96813; Telephone (808) 781-8494 (cell); (808) 380-8498 (ofc.); email: wayne@wmaulaw.com
(SA1450460 4/7, 4/14, 4/21/24)
