HONOLULU (HawaiiNewsNow) – A Hawaii real estate company is helping residents take back their communities from squatters when police and city officials can’t.
people living together for years Waipahu Hulahe Street After the squatters moved into the dead man’s house and turned it into a drug depot, they say they didn’t get a moment’s peace.
This is the story HNN first reported in 2019.
“There was all sorts of chaos,” said neighbor Harvey Wilhelm.
The property was more than just an eyesore.
Shortly after the homeowner died, a group of squatters claimed the vacant home. The trespassers plagued the community for years, despite repeated calls to the police by neighbors and calls for help from the city.
Joel Bonko CEO INVESTING IN INSPIRED LIFEaccording to HNN’s report, found the property.
The real estate company helps homeowners in Hawaii in need.
Nearly 550 properties across the state are in a similar situation or may eventually become so, Bonko said. This is because the owner of the home has died and no heirs have stepped up to claim the home.
That’s where he comes in.
“Usually in this case you have to go through probate,” Bonko said.
This is a legal process in which a court oversees the distribution of property after a person dies.
“After going through probate, you can basically appoint a personal representative or administrator to take possession of the property and do something with it,” he said. It was just a matter of selling it.”
Bongco said the owner had a total of 11 heirs.
“The problem is with most families here. They don’t have money,” he said. “The cost of probate is about $8,000 to $25,000.”
The company gives cash. In exchange, the heir agrees to sell the property to his Bongco. Earnings are then split among the family members.
It’s not a quick process by any means.
“It took us almost two years,” says Bongco.
Since then, squatters have been evicted and property recovered and secured.
Neighbors say it’s a welcome sight.
“I was hoping it would happen. It took a while, but I’m glad,” said a man who lived nearby.
Wilhelm added, “After so many years, it’s nice to see something done.”
As for what to do next, Bongco says, “You have to completely destroy the inside.”
Once all the renovations are complete the house will be on the market. This is one of nearly 70 properties Inspired Life Investments has cleaned up in communities across the state.
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