West Hawaii Today
Notice #: 0001400455-01

NOTICE OF FORECLOSURE SALE Pursuant to the Findings of Fact, Conclusions of Law and Order Granting Plaintiff’s Motion for Default Judgment and/or Summary Judgment Against Defendant Jason William Koren, for Summary Judgment Against Remaining Defendants, and for Interlocutory Decree of Foreclosure and Order of Sale, Filed September 12, 2022; Exhibit “A”, filed on December 20, 2022, in Association of Apartment Owners of Kona West v. Koren, et al., Civil No. 3CCV-21-0000270, Third Circuit Court of the State of Hawaii, the Commissioner identified below has been directed to sell the following property at a public auction. DESCRIPTION: 75-5680 Kuakini Hwy., Unit 204, Kailua-Kona, Hawaii 96740, TMK (3)7-5-006-031, C.P.R. 0016, a studio condominium unit located at Kona West reportedly built in 1980 with 338 square feet of living area, and covered lanai. Leasehold. OPEN HOUSES: January 15, 2023 from 10:00 a.m. to 12:00 p.m., and January 22, 2023 from 10:00 a.m. to 12:00 p.m. PUBLIC AUCTION: February 7, 2023 at 12:00 Noon at the Keahoulu Courthouse, 74-5451 Kamakaeha Ave, Kailua Kona HI 96740, at the “Ho’o Pohaku” sculpture near the northwest corner of the building. TERMS OF SALE: No upset price. Property will be sold in “as is” condition with no warranty of title or possession or any other warranties. Sale is subject to any liens for taxes and assessments lawfully imposed by governmental authority against the property and any mortgage of record recorded prior to the recordation of a notice of lien filed by the AOAO Kona West. No less than ten percent (10%) of the highest successful bid price must be deposited with the Commissioner at the close of the auction, and payment to be made in cash, money order, cashier’s check or certified check. Potential bidders must be able to provide proof of their ability to comply with the 10% bid requirement or status as a party entitled to credit bid prior to participating in the public auction. The balance of the purchase price shall be paid to the Commissioner upon approval and confirmation of the sale by the Third Circuit Court of the State of Hawaii and tender of the document(s) transferring title. At the confirmation hearing, the Court may allow further bidding on the condition that the initial opening bid must be at least one hundred ten percent (110%) of the highest bid at the public auction. All costs and expenses of securing possession of the property and closing, including conveyance and recordation fees and conveyance taxes, shall be paid by the successful purchaser. The ten percent (10%) down payment may be forfeited in full or in part if the successful purchaser fails to pay the balance of the purchase price after court confirmation of the sale. Neither the availability of title insurance nor securing possession of the property shall be a condition of closing. Real estate brokerage commissions will not be paid from sales proceeds. The sale will not be final until approved by the court. (WHT1400455 1/8, 1/15, 1/22/23)