The seascape condominiums are conveniently located above the airport in the lower Palisades area. Rarely available unit. The affordable maintenance fees (presently at $329/mo) make this ocean view unit an extraordinary find. This is a Short Sale on a V.A. Loan. V.A. Lender has an appraisal by a certified V.A. Appraiser of $290,000. This appraisal is available upon an offer. Short sale lender requires certain net proceeds, after all its expenses. After commissions, money owed to the AOAO (Association of Apartment Owners), money owed to workmen who have painted, repaired and otherwise generated an expense which must be paid at closing, along with an estimate of Seller's closing costs, best guess is 275,000 to $280,000 is lowest of what the short sale lender will at all consider in view of the current V.A. appraisal. This might be ideal for a Veteran to purchase on a zero down loan, since the lender may approve some to all of the difference between the $290,000 appraisal and the purchase price; to be used by the Veteran in paying specified charges for the Buyer's benefit. (whether new appliances, carpeting, Buyer's closing costs are in this category should be determined by Buyer through an experienced, knowledgeable V.A. Lender). AOAO charges continue to rise slightly each month. Short Sale Representative has indicated that the Short Sale Lender should approve the acceptable short sale within 30 days of the time that the completed package is submitted to them (Purchase offer, Short Sale Addenda, any other documentation with which the Buyer's lender may be familiar). Ground floor Handicapped friendly condo features lowered countertops, walk in shower with fold up seat and handrails, wheelchair friendly sink and toilet. Assigned Parking Stall is designated handicapped. (You do not have to be handicapped to park in your own stall) Pet up to 20” and 25 lbs with board approval. (No giraffes)
Ground Unit, Single Level, Walk-Up
ADA Accessible, ADA Compliant, BBQ/Cooking Pit, Club House, Exterior Lighting, Smoke/Heat Detector
Disposal, Dishwasher, Refrigerator, Range/Oven, Microwave Hood
Real Estate Consultants of Kona
|Price Reduced from $290,000 to $275,000|
|Price Increased from $250,000 to $290,000|
|Price Reduced from $287,000 to $250,000|
|Price Reduced from $295,999 to $287,000|
|Price Reduced from $299,999 to $295,999|
Real Estate Consultants of Kona.
IDX is deemed reliable but is not guaranteed accurate by the Hawaii Information Service, Inc. Listing Service. © 2019 Hawaii Information Service. All Rights Reserved.
Listing information last updated on July 17th, 2019 at 4:55am HST.