FinCEN extends all-cash buyer rules to Honolulu

The enforcement network also revised its targeting orders to include a 'broader range of transactions'
  • Honolulu is the seventh major metro area required to report all-cash real estate deals above a certain dollar amount to the Financial Crimes Enforcement Network.

Welcome to the club, Honolulu! The Hawaiian metropolitan area is the latest to join a list of cities and counties that have to report all-cash real estate deals above a certain dollar amount to the Financial Crimes Enforcement Network (FinCEN)