So, You want to Buy some Property in Paradise? This video is part of my series where I explain the methods and procedure for Tax Sales in each state. In this post, I will discuss Hawaii Tax Sales.

This post features Hawaii Tax Sales Explained, A video posted on YouTube on April 21, 2020.
 

Hawaii Tax Sales Explained

Hawaii has five counties and is a Hybrid state, that is, they are a deed state acting like a lien state. They have a one-year right of redemption and a 12% interest rate. Hawaii Tax Sales occur in person. The state of Hawaii uses the Premium Bid system.
 

 

For Hawaii Tax Sales, the interest accrual rate is monthly. The sales are twice per year but The State of Hawaii iy vague about when those sales are. It’s going to be best here to check with the individual county.
 
As I mentioned, all auctions are in person. Hawaii does not allow absentee bidding. You may, however, send a representative to bid on your behalf. Persons bidding as representatives or agents must have a notarized statement. The statement must name them and state that they have full power and authority to sign on behalf of the new owner.
 

A Special Note about Molokai

 
Kalawao County on Molokai has no local or county government. The Hawaii Department of Health administers its affairs. That said, the state conducts its auctions.
 
Finally, They do not allow over-the-counter purchases. I rate Hawaii a 2 out of 5. It might be paradise, but from a tax lien and deed investing perspective – it ain’t all that.

 

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For the Ultimate Real Estate Dictionary

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For the Tax Sales Course

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Interested in Other States? 

Click Here:

To Get the FREE State Worksheet

Click Here:

For the Ultimate Real Estate Dictionary

Click Here:

Interested in Tax Sales in Another State?

Tax Sales investing is a niche that has the potential to be insanely profitable.

However, most investors do not have a deep understanding of this investing strategy.

Every state has a unique set of rules and regulations. There are some basic rules you need to understand as to how the process works. Generally, states will fall into one of three categories:

  • Tax Lien States
  • Tax Deed States
  • Hybrid States

Hybrids are states who conduct their tax sales by selling tax deeds with a caveat. The deeds have a redemption period much like a tax lien certificate.

This map provides links to information for every state as well as Washington DC.