Foreclosures, REO, Short Sales Last updated: 01/31/2010 10:33:57 AM

Options For Homeowners in Distress

Buying a Bank Owned (REO) Property         Buying a 'Short Sale' Property

Home Owner Consequences: Short Sales vs Foreclosure

New IRS Website Section Provides Information for Those Facing Foreclosure

Mortgage Forgiveness Debt Relief Act of 2007

Mortgage Fraud Prevention Act-Hawaii Act 137

Alert!

If you or someone you know is behind on the mortgage and concerned about foreclosure: You are note alone!!!

Please call or email us immediately! Time is of the essence! If the property is in Hawaii or California, we may be able to help! We are licensed real estate brokers in both states. We have helped others in both states and may be able to help you.

We charge no up-front fees!

Don't delay and don't be embarrassed, you are not alone!

Call us now for a confidential, no obligation consultation!

From Hawaii call us direct at 375-8959. From California call us toll free at 866-773-3351. Please, don't delay and don't be confused by bad advice.

Note: We are Real Estate Professionals; we are not 'Distressed Property Consultants' as defined by Hawaii's Act 137.

Home Owner Consequences: Short Sales vs. Foreclosure

To see the lenders we have had short sale success with, click here!

Want a loan modification? Bring documents by Stephanie Armour, USA TODAY, 1/28/2010

Oahu 127th in foreclosures-The year before, 197 other metro areas had worse ratings by Andrew Gomes, Honolulu Advertiser, 1/28/2010

Foreclosures running high-Filings on Oahu outpaced the national rate sixfold in 2009 and are expected to increase by Allison Schaefers, Honolulu Star Bulletin, 1/28/2010

Honolulu ranks lower in foreclosures Pacific Business News (Honolulu), 1/27/2010

Foreclosures in Hawaii Bring Opportunities for Real Estate Buyers by Lucy Clark, Hawaii Reporter, 1/27/2010

Foreclosures test Ewa Beach area by Allison Schaefers, Honolulu Star Bulletin, 1/24/2010

Kapolei warehouse space up for lease Honolulu Advertiser, 1/23/2010

Lender takes back Kapolei warehouse, seeks new tenants Honolulu Advertiser, 1/22/2010

Kapolei Trade Center new name for Spectrum Pacific Business News (Honolulu), 1/22/2010

Loan program's failure rate at 25% AP, Honolulu Advertiser, 1/16/2010

Hawaii had 9,000 foreclosures in '09 by Janis L. Magin, Pacific Business News (Honolulu), 1/14/2010

Mortgage plan has helped 7% of borrowers who signed up  by Alan Zibel, AP, USA Today, 1/15/2010

Foreclosure filings in Isles at new high-Rate in December was 10th-highest in nation; data suggest worst may be over by Andrew Gomes, Honolulu Advertiser, 1/14/2010

State foreclosures surge-A jump in December pushes monthly and year-end totals to their highest since 2005 by Allison Schaefers, Honolulu Star Bulletin, 1/14/2010

Taking back homes by Andrew Gomes, Honolulu Advertiser, 1/10/2010

Defaults rising on prime loans by Kathleen M. Howley and Mike Dorning, Bloomberg News Service, Honolulu Advertiser, 1/10/2010

Home-loan modifications disappoint-Obama initiative is beset with troubles, vexing to borrowers by Jim Wasserman, McClatchy-Tribune News Service, Honolulu Advertiser, 1/1/2010

Growing foreclosure rate a drag on neighborhoods (Maui) by Ilima Loomis, The Maui News, 12/27/2009

Foreclosure backlog estimated at 1.7M  by Alan Zibel, AP, USA Today, 12/17/2009

Fannie, Freddie halt foreclosures for two weeks during holidays USA Today, 12/17/2009

Mortgage relief plan a disappointment-Of 760,000 who signed up, only 31,000 received permanent modifications by Alan Zibel, AP, Honolulu Advertiser, 12/11/2009

Foreclosures on neighbor isles continue to fuel statewide rate-A company that tracks mortgage failures says Hawaii will still see problems through 2010 by Allison Schaefers, Honolulu Star Bulletin, 12/10/2009

Hawaii foreclosures up 122% in November Pacific Business News (Honolulu), 12/10/2009

Hawaii foreclosure filings down slightly-November's rate is more than double that from year ago by Andrew Gomes, Honolulu Advertiser, 12/10/2009

Hawaii mortgage delinquencies at 4.8% in Q3 Pacific Business News (Honolulu), 12/8/2009

Foreclosure still looms for Grand Wailea (Maui) by Harry Eagar, The Maui News, 12/4/2009

New rules boost short sales-Government plan helps homeowners in financial distress by J.W. Elphinstone, AP, Honolulu Advertiser, 12/2/2009

U.S. to increase pressure on mortgage industry by Alan Zibel, USA Today, 11/30/2009

Report: 8% of Hawaii mortgages are 'underwater' Pacific Business News (Honolulu), 11/24/2009

Foreclosures in Isles 10th worst in nation-Survey by bankers trade association says rate will probably continue rising by Andrew Gomes, Honolulu Advertiser, 11/20/2009

Problem mortgages hit new high at 14 percent-Data mean foreclosures may not peak until next year by Renae Merle, The Washington Post, 11/20/2009

Mortgage delinquencies hit record-high in 3Q USA Today, 11/20/2009

Another wave of foreclosures looms by Stephanie Armour, USA TODAY, 11/18/2009

Foreclosure filings top 900 once again-October's rate for Isles more than double that of same month a year earlier by Andrew Gomes, Honolulu Advertiser, 11/12/2009

October foreclosure rate rises-The rates on Maui, the Big Island and Kauai exceeded the national average by Allison Schaefers, Honolulu Star Bulletin, 11/12/2009

Hawaii foreclosures up 134% in October Pacific Business News (Honolulu), 11/12/2009

Fannie Mae to rent out homes instead foreclosing USA Today, 11/5/2009

Honolulu foreclosures rising-The numbers worsen as the home problem spreads to cities that feed Hawaii tourism by Allison Schaefers, Honolulu Star Bulletin, 10/28/2009

Honolulu 133rd for foreclosures in Q3 Pacific Business News (Honolulu), 10/27/2009

Foreclosures climbing in Hawaii-Last month's filings up 63% compared with September '08 by Andrew Gomes, Honolulu Advertiser, 10/15/2009

Maui leads in foreclosures-RealtyTrac ranks Hawaii 15th among states for overall foreclosure activity by Allison Schaefers, Honolulu Star Bulletin, 10/15/2009

Housing counselors try to help prevent foreclosures, ease stress by Stephanie Armour, USA TODAY, 10/15/2009

Foreclosures in 3rd quarter up nearly 23% from 2008 by Stephanie Armour, USA TODAY, 10/15/2009

Hawaii foreclosures up 63% in September Pacific Business News (Honolulu), 10/14/2009

Oahu's Ewa Beach Foreclosures up over 300% from 2008 by David Buck, Hawaii Reporter, 10/9/2009

More mortgage woes may be near-Foreclosures could rise as adjustable-rate loans reset over next few years by Dina ElBoghdady, Washington Post, Honolulu Advertiser, 10/5/2009

Report: Nearly 1M bank foreclosures in process by Brian Bandell, Pacific Business News (Honolulu), 9/30/2009

Moana Vista deal averts foreclosure sale by Andrew Gomes, Honolulu Advertiser, 9/30/2009

Developer buys Moana Vista condo, to resume construction next year Honolulu Advertiser, 9/29/2009

Private sale talks delay Moana Vista auction by Nina Wu, Honolulu Star Bulletin, 9/26/2009

Moana Vista foreclosure auction on hold-Unfinished condo tower in Kaka'ako may have private sale lined up by Andrew Gomes, Honolulu Advertiser, 9/25/2009

Moana Vista heads to auction-The 46-story condo has been stalled since November, hit by economic factors by Nina Wu, Honolulu Star Bulletin, 9/18/2009

Kauai highest in foreclosure rate-Lihue posts the most activity in the state with 175 cases, a 40 percent rise over a year ago by Allison Schaefers, Honolulu Star Bulletin, 9/16/2009

Mortgage modifications make things worse for some by Stephanie Armour, USA TODAY, 9/14/2009

Condos forced into creative action amid foreclosure crisis by Judy Keen, USA TODAY, 9/13/2009

Unfinished Honolulu condo headed for foreclosure auction-Foreclosure proceeds after tentative deal for Moana Vista falls apart by Andrew Gomes, Honolulu Advertiser, 9/12/2009

FDIC asks bank buyers to help struggling homeowners Pacific Business News (Honolulu), 9/11/2009

Hawaii foreclosures filings in August 2nd-highest on record-Hawaii filings last month were up 159% from August 2008 by Andrew Gomes, Honolulu Advertiser, 9/10/2009

Foreclosures rise-Monthly filings fall, but the 869 total is the second highest in a year by Allison Schaefers, Honolulu Star Bulletin, 9/10/2009

Hawaii had 869 August foreclosures by Randi Petrello, Pacific Business News (Honolulu), 9/9/2009

Bankers' group foreclosure survey ranks Hawaii as 9th-worst state by Andrew Gomes, Honolulu Advertiser, 9/1/2009

Makena foreclosure could also shutter Maui Prince-Some 380 workers could be laid off after lenders fail to meet funding obligations by Allison Schaefers, Honolulu Star Bulletin, 9/1/2009

Singer sues bank in foreclosure-Rundgren suit stems from $3M Kauai home refinancing by Curtis Lum, Honolulu Advertiser, 8/28/2009

Makena reflects a global struggle-But officials hold to hope for future of plan in wake of foreclosure filings by Chris Hamilton, The Maui News, 8/27/2009

Lender puts Makena Resort in foreclosure by Janis L. Magin, Pacific Business News (Honolulu), 8/26/2009

Lenders foreclose on Makena Hotel by Robbie Dingeman, Honolulu Advertiser, 8/26/2009

Hawaii's FBI Operation 'Malicious Mortgage' Crackdown by MortageLoan.com, Hawaii Reporter, 8/26/2009

Foreclosure guilt haunts home buyers  by Steve Friess, USA TODAY, 8/26/2009

Mortgage Relief That's No Help To Homeowners Maurna Desmond, Forbes.com, 8/24/2009

Lotus hotel sold for $8.5M by Andrew Gomes, Honolulu Advertiser, 8/19/2009

Lotus at Diamond Head sold at auction for $8.5 million by Andrew Gomes, Honolulu Advertiser, 8/18/2009

Unity House bids $8.5M for former W hotel Pacific Business News (Honolulu), 8/18/2009

Foreclosures hitting hard in Kona by Bret Yager, Hawaii Tribune-Herald, Honolulu Advertiser, 8/15/2009

Foreclosures hit record 990 in July-Maui and Honolulu contribute to the 15th-highest filing rate in the United States by Erika Engle, Honolulu Star Bulletin, 8/13/2009

Home foreclosures in Hawaii soar to record 990 in July by Andrew Gomes, Honolulu Advertiser, 8/13/2009

Hawaii sees spike in July foreclosures Pacific Business News (Honolulu), 8/12/2009

Home sellers frustrated as short-sale deals collapse by Stephanie Armour, USA TODAY, 8/5/2009

Sheraton Keauhou sold to Bank of America for $8M-Lender was sole bidder in auction (Hawaii) by Erin Miller, West Hawaii Today, 8/1/2009

Honolulu 143rd in metro rankings by Andrew Gomes, Honolulu Advertiser, 7/31/2009

Foreclosures hit Maui hard-The Kahului/Wailuku region had one filing per 81 households in the first half of 2009 by Allison Schaefers, Honolulu Star Bulletin, 7/31/2009

Honolulu foreclosures up in first half of 2009 Pacific Business News (Honolulu), 7/30/2009

Judge dismisses hotel's bid for voluntary bankruptcy-The Lotus at Diamond Head could be put up for foreclosure auction within a few days by Nina Wu, Honolulu Star Bulletin, 7/28/2009

Bankruptcy filing stymies foreclosure by Andrew Gomes, Honolulu Advertiser, 7/28/2009

Hawaii foreclosures down in June Pacific Business News (Honolulu), 7/16/2009

State foreclosures fall slightly in June by Greg Wiles, Honolulu Advertiser, 7/16/2009

Worst in foreclosures yet to come?-Hawaii filings in June increased by almost 427 percent compared with a year earlier by Allison Schaefers, Honolulu Star Bulletin, 7/16/2009

Foreclosures up: 1 in 84 homes affected in first half of year by Stephanie Armour, USA Today, 7/16/2009

'Ruthless' Homeowners Pose Risk To Obama Plans-Mortgage borrowers may be more willing to abandon homes to lenders than administration assumes, survey suggests by Maurna Desmond, Forbes.com, 7/13/2009

MAUI WIPEOUT: Residents swept in debt-Foreclosures, bankruptcies pummel county in economic crisis by Ilima Loomis, The Maui News, 7/12/2009

Real Estate Exit Strategy: The Short Sale by KHNL 8 News, 1/8/2008

Foreclosure help will reach more homeowners by Daniel Wagner, AP, USA Today, 7/1/2009

Sheraton Keauhou foreclosed-The owner defaulted on the mortgage and the former Kona Surf will now be auctioned AP, Honolulu Star Bulletin, 6/28/2009

Kona hotel foreclosed on-Keauhou Bay Resort being put up for auction after defaulting on mortgage Honolulu Advertiser, 6/27/2009

Sheraton Keauhou Bay Resort and Spa to be sold at auction by Erin Miller, West Hawaii Today,  Honolulu Advertiser, 6/27/2009

BofA forecloses on Sheraton Keauhou by Janis L. Magin, Pacific Business News (Honolulu), 6/26/2009

Realty investor blues-Hawaii beats the U.S. average in non-owner-occupied properties in foreclosure by Allison Schaefers, Honolulu Star Bulletin, 6/13/2009

Isle foreclosures set record-The 816 loan defaults in May pushed the state to its highest national ranking since 2005 by Allison Schaefers, Honolulu Star Bulletin, 6/11/2009

Isle foreclosure rate nation's 15th highest by Andrew Gomes, Honolulu Advertiser, 6/11/2009

Hawaii ranks 15th in U.S. for foreclosures, sees nearly 400% spike in May Pacific Business News (Honolulu), 6/10/2009

Foreclosure crisis spreads from subprime to prime mortgages by Stephanie Armour, USA Today, 6/9/2009

Foreclosure filed against Maui project by Andrew Gomes, Honolulu Advertiser, 6/6/2009

Big Isle project is pushed into court by Nina Wu, Honolulu Star Bulletin, 6/3/2009

Major Relief for Hawaii’s “Distressed” Property Owners by Matt Beall, Hawaii Reporter, 6/2/2009

Hawaii late paying off mortgages by David Segal, Honolulu Star Bulletin, 6/2/2009

Isle foreclosures, delinquencies up by Andrew Gomes, Honolulu Advertiser, 5/29/2009

Lender sues over loan-iStar FM Loans alleges a Maui landowner defaulted on payments by Nina Wu, Honolulu Star Bulletin, 5/27/2009

Developer battling to keep high-rise-Builder Bruce Stark faces two suits to foreclose on Canterbury Place by Andrew Gomes, Honolulu Advertiser, 5/26/2009

Ilikai units sold to iStar for $51M-Only one other bidder came forward, but the lender counter offered by Nina Wu, Honolulu Star Bulletin, 5/23/2009

New law exempts real estate professionals Pacific Business News (Honolulu), 5/21/2009

Foreclosed Ilikai units go to iStar-Mortgage holder secures condos, other assets Anderson defaulted on by Andrew Gomes, Honolulu Advertiser, 5/22/2009

Lender gets Anderson's piece of Ilikai by Janis L. Magin, Pacific Business News (Honolulu), 5/21/2009

Distressed homeowners opt for short sale by Kristine Uyeno, KHNL8 News, 5/21/2009

Foreclosures dip 5.5%-The total fell in April but still was the second highest in more than a year by Erika Engle, Honolulu Star Bulletin, 5/13/2009

Isle foreclosures rose 217% in April by Andrew Gomes, Honolulu Advertiser, 5/13/2009

Hawaii foreclosures up 217% in April Pacific Business News (Honolulu), 5/12/2009

Senate votes down foreclosure mortgage relief bill by Anne Flaherty, AP, USA Today, 4/30/2009

Hawaii agency offers resources for those facing foreclosure Honolulu Advertiser, 4/23/2009

Honolulu foreclosure rate low among other metros Pacific Business News (Honolulu), 4/22/2009

Honolulu foreclosure rate is 150th nationwide by Nina Wu, Honolulu Star Bulletin, 4/22/2009

The mortgage trap-Fear of losing homes can make owners vulnerable to scams by Nina Wu, Honolulu Star Bulletin, 4/20/2009

Are Hawaii homes at risk? by Andrew Gomes, Honolulu Advertiser, 4/19/2009

Making Home Affordable can help, hurt by Candice Choi, AP, Honolulu Advertiser, 4/19/2009

Foreclosures soar: Good time to buy? by Kristine Uyeno, KHNL8 News, 4/16/2009

Hawaii foreclosures soar 503% in March-Increase in March was 2nd only to North Dakota, which saw 563 percent rise by Andrew Gomes, Honolulu Advertiser, 4/16/2009

Finding it hard to hang onto home-The housing crisis isn't over yet as foreclosures soar 503 percent by Allison Schaefers, Honolulu Star Bulletin, 4/16/2009

Hawaii foreclosures jump 503% in March Pacific Business News (Honolulu), 4/16/2009

Shining star-The lender which pushed foreclosure auctions at the Ilikai wins the bidding by Nina Wu, Honolulu Star Bulletin, 4/16/2009

Lender bids for Ilikai units by Andrew Gomes, Honolulu Advertiser, 4/16/2009

Lender bids $35 million for 203 Ilikai units in foreclosure Honolulu Advertiser, 4/15/2009

New York lender wins Ilikai condo auction by Janis L. Magin, Pacific Business News (Honolulu), 4/15/2009

Tsunami of foreclosures is headed Hawaii's way by Richard Borreca, Honolulu Star Bulletin, 4/15/2009

Hawaii Real Estate Q & A by Walt Harvey, Hawaii Reporter, 4/13/2009

Anderson's Kauai Beach condos at auction by Janis L. Magin, Pacific Business News (Honolulu), 4/10/2009

Homes raided in bond probe-FBI gathering evidence in scheme that targeted folks facing foreclosure by Peter Boylan, Honolulu Advertiser, 4/8/2009

Warning issued on mortgage scams by Mike Dorning and David Colker, Los Angeles Times, Honolulu Advertiser, 4/7/2009

Consumers fall behind on loans at record rate by Kathy Chu, USA TODAY, 4/5/2009

Home foreclosure rescue scams bilk the desperate by Edward Robinson, Bloomberg News Service, Honolulu Advertiser, 3/29/2009

Some Ilikai units will be auctioned April 15 by Nina Wu, Honolulu Star Bulletin, 3/26/2009

Isle developer faces 5th foreclosure suit by Andrew Gomes, Honolulu Advertiser, 3/23/2009

Waikiki Ilikai units to be sold at auction Pacific Business News (Honolulu), 3/20/2009

Short sales' help Hawaii homeowners get rid of their houses to avoid bankruptcy by Andrew Gomes, Honolulu Advertiser, 3/15/2009

State foreclosures up 275.5%-Hawaii climbed three notches to the No. 27 spot nationally in February by Nina Wu, Honolulu Star Bulletin, 3/12/2009

Foreclosure filings statewide soar 276% by Andrew Gomes, Honolulu Advertiser, 3/12/2009

Despite housing help, foreclosures rose 6% last month by Stephanie Armour, USA Today, 3/12/2009

February's Top 10 Foreclosure States by Maurna Desmond, Forbes.com, 3/11/2009

Hawaii foreclosures up 59% in February Pacific Business News (Honolulu), 3/11/2009

House Passes Legislation to Help Hard-Pressed Families Stay in Their Homes-Abercrombie: “Our country’s economic meltdown began with declining home values, so it’s important that we address this crisis directly.” by  Dave Helfert, Hawaii Reporter, 3/5/2009

House passes bill to let judges rewrite mortgages by Stephanie Armour and Christine Dugas, USA Today, 3/5/2009

Report: 11 percent of homeowners delinquent or in foreclosure Pacific Business News (Honolulu), 3/5/2009

Report: 6.2% of Hawaii homeowners ‘underwater’ Pacific Business News (Honolulu), 3/4/2009

Obama administration launches housing rescue plan AP, Honolulu Advertiser, 3/4/2009

Mortgage delinquencies up for 8th straight quarter USA Today, 3/3/2009

Foreclosure prevention program about to begin AP, Honolulu Advertiser, 2/27/2009

Possible closure at Ilikai hotel averted by Andrew Gomes, Honolulu Advertiser, 2/24/2009

Fixing the Mortgage Fraud Prevention Act 137 of 2008 – SB 34 & HB 233 by Walt Harvey, Hawaii Reporter, 2/23/2009

Homeowners avert foreclosure with a request by Mitch Stacy, AP, Honolulu Advertiser, 2/22/2009

U.S. spending more to buy foreclosures  by Katrina Goggins, AP, USA TODAY, 2/20/2009

Isle lending experts cautious about Obama mortgage plan-The program is aimed at borrowers who need to refinance to avoid foreclosure by Allison Schaefers, Honolulu Star Bulletin, 2/19/2009

HUD secretary says banks must 'step up' on foreclosure AP, Honolulu Advertiser, 2/19/2009

Mortgage rescue relies on incentives-Obama's plan tries to stop 'unraveling' of the American Dream by Kevin G. Hall, McClatchy-Tribune News Service, Honolulu Advertiser, 2/19/2009

Millions could get help, but is foreclosure plan fair? by Stephanie Armour, USA TODAY, 2/18/2009

Foreclosure proposal lets judges modify mortgages by Christine Dugas, USA TODAY, 2/18/2009

Four affected by foreclosure discuss Obama mortgage plan USA TODAY, 2/18/2009

$75B anti-foreclosure plan is a 'chance to rebuild,' Obama says by Richard Wolf and Stephanie Armour, USA TODAY, 2/18/2009

Obama says relief plan could stave off 9 million foreclosures AP, Honolulu Advertiser, 2/18/2009

Obama plan seeks to save millions from foreclosure by Stephanie Armour and Richard Wolf, USA TODAY, 2/18/2009

Obama signs huge stimulus, readies foreclosure aid AP, Honolulu Advertiser, 2/17/2009

America's New Housing Problem: Unemployment by Maurna Desmond, Forbes.com, 2/17/2009

Obama's next task: Tackling housing woes by Mimi Hall, USA Today, 2/15/2009

Fannie, Freddie halt foreclosure sales-Suspension till March 6 gives borrowers more time to work out deals by Alan Zibel, AP, Honolulu Advertiser, 2/14/2009

Banks halt foreclosures; Obama to outline plan by Alan Zibel, AP, Honolulu Advertiser, 2/13/2009

The Latest Mortgage Rescue Plan is Far from Fair by Dividend.com, 2/13/2009

No one home: 1 in 9 housing units vacant by Haya El Nasser and Paul Overberg, USA Today, 2/12/2009

State foreclosures up 174%-Hawaii now ranks 30th nationally, up 12 places from this time last year by Allison Schaefers, Honolulu Star Bulletin, 2/12/2009

Metro Home Prices Down on Distressed Sales Daily Real Estate News, 2/12/2009

Good news: Foreclosures down 10%; state-by-state chart by Stephanie Armour, USA TODAY, 2/12/2009

Foreclosures again above 300 statewide by Andrew Gomes, Honolulu Advertiser, 2/12/2009

Moratoriums Slow Foreclosures, For Now by Maurna Desmond, Forbes.com, 2/12/2009

Foreclosure issues still up in the air by Pallavi Gogoi, Sue Kirchhoff, Barbara Hagenbaugh and Kathy Chu, USA Today, 2/10/2009

House committee OKs changes in program to stop foreclosures by Alan Zibel, AP, Honolulu Advertiser, 2/5/2009

Court hearing on Ilikai's future postponed by Andrew Gomes, Honolulu Advertiser, 2/4/2009

Hawaii lawmakers consider bill to slow down home foreclosures-Plan requires lenders to discuss options with those facing foreclosure by Andrew Gomes, Honolulu Advertiser, 1/30/2009

Freddie Mac to let residents rent homes after foreclosure by Stephanie Armour, USA TODAY, 1/29/2009

Who Will Eat The Cram Downs? by Maurna Desmond, Forbes.com, 1/28/2009

Fed moves to help distressed homeowners by Jeannine Aversa, AP, Honolulu Advertiser, 1/28/2009

Sheraton Keauhou's creditors may foreclose (Hawaii) by West Hawaii Today, 1/23/2009

It may be lights out for parts of Ilikai-Unpaid bills could result in power being shut off to 219 units by Kristen Consillio, Honolulu Star Bulletin, 1/23/2009

Foreclosure a possibility for Sheraton Keauhou Bay-The Big Island resort has been plagued by plunging occupancy by Kristen Consillio, Honolulu Star Bulletin, 1/22/2009

Mortgage Modification As A Taking by Robert H. Thomas, Invercondemnation.com, 1/20/2009

JPMorgan expands foreclosure-prevention program AP, USA Today, 1/16/2009

Ilikai lender moves to shut down hotel as of Feb. 8 Honolulu Advertiser, 1/15/2009

Isle foreclosures soar 230% in '08 by Andrew Gomes, Honolulu Advertiser, 1/15/2009

Isle foreclosure rate continues to climb-Hawaii's foreclosure rate sees triple-digit increase by Kristen Consillio, Honolulu Star Bulletin, 1/15/2009

Legislator says Obama to spend $40-$100B to cut foreclosures by Jim Kuhnhenn, AP, USA Today, 1/14/2009

Citigroup supports bill for mortgage relief to debtors by Julie Schmit & Stephanie Armour, USA Today, 1/8/2009

Island (foreclosure) rate doubles in 2008-Experts anticipate it could get worse in 2009 (Hawaii) by Terrie Henderson, West Hawaii Today, 1/4/2009

Buying Tips for Short Sales and Foreclosures (REO) by Walt Harvey, Small Business Hawaii Newsletter, 12/2008

Countrywide to modify loan payments-Countrywide to work out payment options with homeowners by Allison Schaefers, Honolulu Star Bulletin, 12/24/2008

Mortgage relief may benefit 2,400 in Isles by Greg Wiles, Honolulu Advertiser, 12/24/2008

State Agreement with Major Mortgage Lenders May Help Thousands of Hawaii Homeowners Avoid Foreclosure by Christine Hirasa , Hawaii Reporter, 12/23/2008

Countrywide to provide mortgage relief in Hawaii Honolulu Advertiser, 12/23/2008

Foreclosures highest in non-recourse states AP, Honolulu Advertiser, 12/21/2008

Homeowners walk away from mortgages-Last resort for many may be the only way to clear their debt by Dave Carpenter AP, Honolulu Advertiser, 12/20/2008

Ruling paves way for Ilikai hotel sale by Kristen Consillio, Honolulu Star Bulletin, 12/19/2008

Owners find themselves trapped underwater by Stephanie Armour, USA Today, Honolulu Advertiser, 12/18/2008

Judge OKs Ilikai foreclosure by Janis L. Magin, Pacific Business News (Honolulu), 12/17/2008

Study: Foreclosed properties losing luster Pacific Business News (Honolulu), 12/16/2008

IRS helps homeowners sell or refinance by easing tax liens by Sandra Block, USA Today, 12/16/2008

Fannie to help renters stay in foreclosed homes AP, Honolulu Advertiser, 12/15/2008

Job cuts adding to growing number of housing defaults by Stephanie Armour, USA Today, Honolulu Advertiser, 12/14/2008

Some homeowners fail to pay on purpose by Stephanie Armour, USA Today, Honolulu Advertiser, 12/14/2008

Hawaii foreclosures tripled in November by Andrew Gomes, Honolulu Advertiser, 12/11/2008

Hawaii falls to No. 28 in national foreclosures-State foreclosures climb 248% by Kristen Consillio, Honolulu Star Bulletin, 12/11/2008

Hawaii foreclosures 28th in U.S. in November Pacific Business News (Honolulu), 12/10/2008

Foreclosure numbers tumble to lowest since June AP, USA Today, 12/10/2008

Some owners may intentionally fall behind on mortgage by Stephanie Armour, USA Today, 12/9/2008

Official: Many re-default despite mortgage modifications Reuters, USA Today, 12/8/2008

Hawaii foreclosure rate at 1.67%, 22nd lowest in nation Honolulu Advertiser, 12/6/2008

Troubled home loans set another record in September by Alan Zibel, AP, USA Today, 12/5/2008

Hawaii awarded $400K to deal with foreclosures Honolulu Advertiser, 12/5/2008

We must cut foreclosures, says Bernanke, as mortgage rates fall by Stephanie Armour and Anna Bahney, USA Today, 12/4/2008

Hawaii awarded $400K to deal with foreclosures Honolulu Advertiser, 12/4/2008

Hawaii to get $400K grant for foreclosure assistance Pacific Business News (Honolulu), 12/4/2008

Federal funding available for Hawaii homeowners facing foreclosure KHNL8 News, 12/3/2008

Holiday evictions show gaps in mortgage loan aid by Anna Bahney, USA Today, 12/2/2008

ING Direct freezes foreclosures Pacific Business News (Honolulu), 11/24/2008

Wahiawa school fighting foreclosure-Hoala is struggling to complete its purchase of its main campus by Alexandre Da Silva, Honolulu Star Bulletin, 11/22/2008

Fannie, Freddie halt foreclosures for the holidays by Anna Bahney, USA Today, 11/21/2008

Naming names: Who are the alleged Sovereignty-mortgage scammers? by Andrew Walden, Hawaii Free Press, 11/20/2008

Housing official: Mortgage aid falls short, program changes coming by Alan Zibel, AP, USA Today, 11/19/2008

Paulson defends bailout, lawmakers seek foreclosure aid by Sue Kirchhoff, USA Today, 11/18/2008

Scam came wrapped in rhetoric-Bond scheme targeted homeowners, spoke of 'Hawaiian nation' by Peter Boylan, Honolulu Advertiser, 11/18/2008

Real Estate Prices in Ocean Pointe, Ewa Beach Driven By Short Sales by Walt Harvey, Hawaii Reporter, 11/17/2008

FBI warns homeowners about fake bonds KHNL8 News, 11/17/2008

States lend a hand in time of job foreclosures by Marisol Bello, USA TODAY, 11/17/2008

Homeowners targets of scam-Bogus bonds sold as mortgage relief landed many in foreclosure by Peter Boylan, Honolulu Advertiser, 11/17/2008

FDIC proposes to modify 2.2M mortgages to fight foreclosure by Alan Zibel, AP, USA Today, 11/14/2008

Hawaii foreclosures rank 30th in U.S. Pacific Business News (Honolulu), 11/13/2008

Foreclosures tripled in year-Home losses up threefold by Allison Schaefers, Honolulu Star Bulletin, 11/13/2008

October foreclosures triple over last year by Andrew Gomes, Honolulu Advertiser, 11/13/2008

Foreclosed properties to be turned into affordable homes (Maui) by Brian Perry, The Maui News, 11/12/2008

Latest aid plan for homeowners faulted by Alan Zibel, AP, Honolulu Advertiser, 11/12/2008

Hawaii homeowners stay 'above water' by Randi Petrello, Pacific Business News (Honolulu), 11/11/2008

Lender forecloses on old Hawaii Raceway Park land by Janis L. Magin, Pacific Business News (Honolulu), 11/11/2008

Bank repos Air Kauai helicopters by Janis L. Magin, Pacific Business News (Honolulu), 11/11/2008

Real Estate Exit Strategy: The Short Sale KHNL8 News, 10/10/2008

Ex-Hawaii Raceway to foreclose by Kristen Consillio, Honolulu Star Bulletin, 11/8/2008

Hokulia developer remains optimistic Pacific Business News (Honolulu), 11/7/2008

Bank files foreclosure on Waikiki W Hotel Pacific Business News (Honolulu), 11/7/2008

W Hotel hit with foreclosure by Kristen Consillio, Honolulu Star Bulletin, 11/7/2008

Restructuring specialists take over Hokulia AP, Honolulu Star Bulletin, 11/5/2008

Restructuring firm takes over Big Island's Hokuli'a Honolulu Advertiser, 11/4/2008

Bank takes control of Hokulia by Bobby Command, West Hawaii Today, 11/1/2008

Rescue plan should help homeowners Opinion, Honolulu Star Bulletin, 10/26/2008

Programs are available to help struggling homeowners by Anna Bahney and Barbara Hagenbaugh, USA Today, 10/24/2008

US working on plan to help homeowners escape foreclosure by Martin Crutsinger and Marcy Gordon, AP, Honolulu Advertiser, 10/23/2008

Hawaii foreclosures jump in September Pacific Business News (Honolulu), 10/23/2008

The Case For A Homeowner Bailout by Joshua Zumbrun, Forbes, 10/23/2008

Foreclosures explode to 20th highest in U.S. by Andrew Gomes, Honolulu Advertiser, 10/23/2008

Isle foreclosures take ‘huge jump’-Experts point to factors from joblessness to declines in tourism by Allison Schaefers, Honolulu Star Bulletin, 10/23/2008

Hawaii getting $19.6M to buy foreclosed homes for housing by Andrew Gomes, Honolulu Advertiser, 10/17/2008

Foreclosure tour connects people with homes by Duane Shimogawa, KHNL8 News, 9/27/2008

Mortgage Scams by Paul Drewes, KHNL8 News, 9/16/2008

Hawaii foreclosures up in August; big spike on Kauai by Janis L. Magin, Pacific Business News (Honolulu), 9/12/2008

Foreclosure filings up 132 percent in August-Huge increase in Hawaii 'cause for some concern' by Andrew Gomes, Honolulu Advertiser, 9/12/2008

State foreclosures jump 132 percent in 12 months-Kauai resort foreclosure paces downslide by Kristen Consillio, Honolulu Star Bulletin, 9/12/2008

Fannie, Freddie urged to freeze foreclosures by Julie Hirschfeld Davis, AP, Honolulu Advertiser, 9/12/2008

Bank forecloses on Anderson’s Kauai hotel by Kristen Consillio, Honolulu Star Bulletin, 9/5/2008

Lender forecloses on Kauai hotel owned by Brian Anderson by Janis L. Magin, Pacific Business News (Honolulu), 9/4/2008

Ilikai lawsuit dismissed by Kristen Consillio, Honolulu Star Bulletin, 8/29/2008

Hawaii not immune to ‘liar loan’ crisis-Defaults nationwide hit record numbers Honolulu Star Bulletin, 8/28/2008

Judge tosses Ilikai investor lawsuit against Brian Anderson by Janis L. Magin, Pacific Business News (Honolulu), 8/27/2008

Ilikai sales continue despite foreclosure by Kristen Consillio, Honolulu Star Bulletin, 8/26/2008

Property tours trend makes debut in Hawaii by Andrew Gomes, Honolulu Advertiser, 8/17/2008

Isle foreclosure rate up 169 percent-Hawaii foreclosure rate up 71% over June by Kristen Consillio, Honolulu Star Bulletin, 8/14/2008

Isle foreclosures in July up 169% over last year by Andrew Gomes, Honolulu Advertiser, 8/14/2008

Hawaii ranks 40th for foreclosures in July Pacific Business News (Honolulu), 8/14/2008

Hawaii homeowners are protected from fraudulent mortgage rescuers Pacific Business News (Honolulu), 8/13/2008

Hawaii, 13 other states high in pre-foreclosure filings Pacific Business News (Honolulu), 8/11/2008

Loan servicers paid to avert foreclosures AP, Honolulu Advertiser, 8/1/2008

New mortgage 'predator' law could affect Realtors by Janis L. Magin, Pacific Business News (Honolulu), 8/1/2008

New housing package likely to ease anxieties of first-time homebuyers-Hawaii residents can receive as much as $7,500 off their home by Allison Schaefers, Honolulu Star Bulletin, 7/31/2008

New legislation gives hope to homeowners by Dave Carpenter, AP, Honolulu Star Bulletin, 7/30/2008

Honolulu's foreclosures lowest of 100 cities Honolulu Advertiser, 7/26/2008

Honolulu lowest among foreclosures in Q2 Pacific Business News (Honolulu), 7/25/2008

Isle lawmakers back housing-rescue bill-Hirono, Abercrombie say legislation will help stabilize the market by Dennis Camire, Honolulu Advertiser, 7/25/2008

Housing Rescue - Foreclosure Prevention Bill a Plus for Honolulu by Dave Helfert, Hawaii Reporter, 7/23/2008

A buyer’s primer on real estate terms by Kauai Board of Realtors, The Garden Island, 7/20/2008

Mortgage Rescue Fraud Prevention -The Unintended Consequences of Hawaii's New Act 137 by Walt Harvey (R), Hawaii Reporter, 7/15/2008

Short Sales – Again? by Walt Harvey (R), Hawaii Reporter, 7/11/2008

Hawaii ranks 45th for foreclosures in June Pacific Business News (Honolulu), 7/10/2008

Hawaii ranks 45th in foreclosures by Kristen Consillio, Honolulu Star Bulletin, 7/10/2008

Foreclosures up again from year ago by Andrew Gomes, Honolulu Advertiser, 7/10/2008

Hawaii foreclosures down 22% in May Pacific Business News (Honolulu), 6/13/2008

After rough April, Hawaii foreclosures up 26% in May by Andrew Gomes, Honolulu Advertiser, 6/13/2008

Golf course goes to creditor Honolulu Advertiser, 5/17/2008

Lender claims Big Island golf course, planned subdivision Honolulu Advertiser, 5/16/2008

Investing in REO properties: Deal or No Deal?-Dispelling myths about REO property sales by Melana Yanos, Nuwire Investor, 4/29/2008

Foreclosures rise, but still few in Honolulu Pacific Business News (Honolulu), 4/29/2008

Honolulu foreclosures rise, but are second-lowest in U.S. by Andrew Gomes, Honolulu Advertiser, 4/29/2008

Honolulu second lowest nationally in foreclosures by Allison Schaefers, Honolulu Star Bulletin, 4/29/2008

California foreclosures at 15-year peak Pacific Business News (Honolulu), 4/23/2008

Hawaii’s foreclosure rate improves by Allison Schaefers, Honolulu Star Bulletin, 4/16/2008

Hawaii foreclosure rate 45th in country Pacific Business News (Honolulu), 4/15/2008

Hawaii foreclosures up, but national ranking improves by Andrew Gomes, Honolulu Advertiser, 4/15/2008

Big Isle golf course part of foreclosure-North Kona site includes still-undeveloped property by Andrew Gomes, Honolulu Advertiser, 4/10/2008

Hawaii foreclosures 'slowly building' by Andrew Gomes, Honolulu Advertiser, 3/30/2008

Isle foreclosures gain but still low nationally by Allison Schaefers, Honolulu Star Bulletin, 3/14/2008

Florida No. 1 in mortgage fraud; foreclosures up 60% by Alan Zibel, AP, USA Today, 3/13/2008

Countrywide foreclosure rate doubles Pacific Business News (Honolulu), 3/13/2008

Hawaii 43rd in February foreclosures Pacific Business News (Honolulu), 3/13/2008

Hawaii home foreclosures show no sign of tapering off by Andrew Gomes, Honolulu Advertiser, 3/13/2008

Ornery activists target big lender in foreclosure fight by Adam Geller, AP, USA Today, 3/1/2008

Stemming the Tide of Foreclosures by Ralph Roberts, Realty Times, 2/26/2008

Hawaii foreclosure rate among lowest in U.S. Pacific Business News (Honolulu), 2/13/2008

Oahu foreclosures still among nation's lowest by Andrew Gomes, Honolulu Advertiser, 2/13/2008

US announces plan to delay foreclosures by Martin Crutsinger, AP, Tulsa World, 2/12/2008

Isle foreclosures among lowest in U.S., despite December surge by Greg Wiles, Honolulu Advertiser, 1/30/2008

State’s households stay out of foreclosure-Rate is up in Hawaii, but not as much as in other states by Allison Schaefers, Honolulu Star Bulletin, 1/30/2008

Hawaii ranks 43rd in '07 foreclosures Pacific Business News (Honolulu), 1/29/2008

Hawaii foreclosures rise, but rank low nationally Honolulu Advertiser, 1/29/2008

High home prices help offset rising foreclosure rate by Allison Schaefers, Honolulu Star Bulletin, 1/27/2008

Distressed isle properties offer value-Investors are taking advantage of people's misfortunes by buying troubled real estate by Allison Schaefers, Honolulu Star Bulletin, 1/27/2008

Real Estate Exit Strategy: The Short Sale KHNL-8 News, 1/8/2008

Short sale of home may be a way out by Jerry Gleeson, The (Westchester, N.Y.) Journal News, Honolulu Advertiser, 12/28/2007

Foreclosure sale slated for Big Island Country Club by Erin Miller, West Hawaii Today, 12/27/2007

Waiakea Villas business property in foreclosure (Hawaii) by Alan Schnepf, West Hawaii Today, 12/27/2007

Bush signs bill to aid homeowners facing foreclosure AP, Honolulu Advertiser, 12/20/2007

Hawaii improves its home-foreclosure ranking by Andrew Gomes, Honolulu Advertiser, 12/19/2007

The Real Mortgage Fraud by Steve Chapman, Real Clear Politics, 12/16/2007

More Island homeowners headed toward foreclosure Honolulu Advertiser, 11/1/2007

Hawaii home foreclosures rise in Q3 Pacific Business News (Honolulu), 11/1/2007

Oahu homeowners keep up on mortgages by Allison Schaefers, Honolulu Star Bulletin, 10/18/2007

Many not ready for mortgage rate jump-2,400 homeowners have adjustable-rate mortgages that are due to be recast by Allison Schaefers, Honolulu Star Bulletin, 10/13/2007

Hawaii foreclosures double since 2006 by Andrew Gomes, Honolulu Advertiser, 10/12/2007

Hawaii foreclosures in September up from year ago by Andrew Gomes, Honolulu Advertiser, 10/11/2007

Hawaii ranks 40th in foreclosures Pacific Business News (Honolulu), 10/11/2007

Hawaii mortgage woes up-The state was at 40th in September with 135 foreclosure filings by Allison Schaefers, Honolulu Star Bulletin, 10/11/2007

Do's and don'ts for fending off foreclosure by Justin Harelik, The Bankruptcy Adviser 9/25/2007

Mortgage firm closures hit isle offices-Despite the third closure this month, positive signs have emerged in Hawaii by Nina Wu,  Honolulu Star Bulletin, 8/23/2007

Report: BofA invests $2B in Countrywide Pacific Business News (Honolulu), 8/22/2007

Home foreclosures up 60% in Hawaii Honolulu Advertiser, 8/22/2007

Isle foreclosures accelerate in July by Allison Schaefers,  Honolulu Star Bulletin, 8/22/2007

Hawaii foreclosure rate low in July Pacific Business News (Honolulu), 8/21/2007

Charter Funding parent company files for bankruptcy Honolulu Advertiser, 8/21/2007

More troubles for Countrywide, Capital One Pacific Business News (Honolulu), 8/21/2007

Charter Funding shops for new owner by Nina Wu,  Honolulu Star Bulletin, 8/18/2007

National mortgage lender lays off staff, closes doors AP, Honolulu Advertiser, 8/18/2007

Charter Funding, First Magnus close down Pacific Business News (Honolulu), 8/17/2007

First Magnus halts operations in Hawaii, elsewhere by Bob Christie, AP, Honolulu Advertiser, 8/17/2007

Oahu home foreclosure rate rises by Andrew Gomes, Honolulu Advertiser, 8/15/2007

Honolulu ranks low for foreclosures Pacific Business News (Honolulu), 8/14/2007

Hawaii sees mounting subprime loan failures by Rick Daysog, Honolulu Advertiser, 8/12/2007

American Mortgage pulls out of Hawaii-About 40 isle workers lost their jobs as the national lender closed operations yesterday  Honolulu Star Bulletin, 8/4/2007

American Home Mortgage collapses Pacific Business News (Honolulu), 8/3/2007

Major mortgage company collapses Honolulu Advertiser, 8/3/2007

Short Sales – Hawaii Buyer Beware! by Walt Harvey, Hawaii Reporter, 8/1/2007

Isle foreclosure rate among lowest in U.S.-The state'1 low ranking is helped by a strong demand for real estate and price appreciation Honolulu Star Bulletin, 7/31/2007

Foreclosures Rock Fannie Mae and Freddie Mac by Dawn Kopecki, Business Week, REALTOR Magazine Online, 7/30/2007

Hawaii ranks low in foreclosures by Janis L Magin, Pacific Business News (Honolulu), 7/30/2007

Housing market sours; Hawaii bucking trend Honolulu Advertiser, 7/26/2007

States Aim to Stem Tide Of Home Foreclosures by Thaddeus Herrick, The Wall Street Journal, 7/24/2007

Hawai'i's foreclosure rate rises in April Honolulu Advertiser, 5/16/2007

Foreclosures up 44% in Hawai'i Honolulu Advertiser, 4/20/2007

Home foreclosures in Hawai'i up from year ago Honolulu Advertiser, 4/18/2007

Short Sales Set Sail Again by Broderick Perkins, Realty Times, 4/9/2007

Foreclosure's shadow falls across diverse set of US homeowners-At the housing boom's peak in 2005, 20 percent of new mortgage loans were sub-prime, four times the share a decade earlier by Mark Trumbull, The Christian Science Monitor, 4/9/2007

Doom and Gloom - Media Hypes the Sub-Prime Mortgage Scare by Walt Harvey, Hawaii Reporter, 4/8/2007

Lenders reaching out to stem foreclosures by Ellen Simon, Honolulu Advertiser, 4/5/2007

Mortgage defaults in Hawaii lag nation-The numbers are rising but are still far below the average by Kristen Consillio, Honolulu Star Bulletin, 3/31/2007

Hawaii ranks low in foreclosures-A nationwide survey shows Hawaii's rate is growing but still lags by Allison Schaefers, Honolulu Star Bulletin, 3/27/2007

How Subprime Woes May Affect The Value of Your Home Marketwatch, The Wall Street Journal, 3/21/2007

Local impact of home-loan investigation will be long-term by Lisa Huynh, West Hawaii Today, 3/15/2007

Hawaii foreclosure rates soars, yet still low Pacific Business News (Honolulu), 2/13/2007

Buying Foreclosure Properties Has Its Rewards, but Also Risks by Jeff D. Opdyke, The Wall Street Journal, 2/13/2007

Isles' foreclosure rate plunges 79 percent by Andrew Gomes, Honolulu Advertiser, 1/25/2007

Tatibouet mansion fails to draw minimum bid Honolulu Advertiser, 12/8/2006

Tatibouet mansion fails to garner minimum $9.8M bid (Oahu) Honolulu Advertiser, 12/7/2006

Hawai'i foreclosures nudge lowest in U.S. Honolulu Advertiser, 11/17/2006

Honolulu's foreclosure rate is near the bottom Honolulu Advertiser, 11/11/2006

Tatibouet home on auction block Honolulu Advertiser, 11/3/2006

Foreclosure drop largest in nation Honolulu Advertiser, 10/31/2006

Short Sales Can Bail Out Home Owner by Walt Harvey, Hawaii Reporter, 10/30/2006

We are Real Estate Professionals; we are not 'Distressed Property Consultants' as defined by Hawaii's Act 137.

Home