The City and County of Honolulu has announced that they may sell a total of three Waikiki apartment building if their owners do not pay their back taxes. The owners of one of the properties, located at 2240 Waikolu Way, owe the city $113,636 in back taxes, interest, penalties and other costs. Under Hawaii state law, an owner must be at least three years delinquent in paying their taxes for the state to put the property up for auction.
Source: Honolulu Star Advertiser, 4-19-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
