Columbia SC Real Estate
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Columbia SC Foreclosures

Columbia SC Foreclosures and Columbia SC Short Sales are readily available in our ever changing economy. Although the Columbia SC area was just listed as one of Forbe's Top 25 Strongest Housing Markets, the number of Columbia SC foreclosures is still creeping up in South Carolina. About 9.4 percent of homeowners in South Carolina were at least 30 days behind on their home loans in the third quarter of 2008. South Carolina ranks 15th in the nation in the number of people behind on their mortgage per the Mortgage Bankers Association (2/2009).

According to the National Association of REALTORS, more than 30% of all sales from December 2008 until March 2009 have been foreclosed, short sales or distressed situations. This is similar to the situation with Columbia SC foreclosures and Columbia SC Short Sales.

Investors, first time home buyers, and future home flippers now is the time to buy a Columbia SC Foreclosure or Columbia SC Short Sale home. With home prices low and lots of homes for sale it is a perfect time to get a house at a great price. If you're interested in purchasing Columbia SC Foreclosures or Columbia SC Short Sales we can help. 

Foreclosures

Foreclosures are properties where a borrower has defaulted on a loan and the lender has repossessed the property. Foreclosures are bank owned properties for sale. The lender does not make a profit on foreclosures. Foreclosures are a good opportunity for a buyer to purchase a property at a discount.

Short Sales

Short sale is the sale of a property in which the proceeds from the sale fall short of the balance owed on the loan. A short sale is a final attempt of a seller to avoid foreclosure. The seller doesn't make a profit in a short sale. In a short sale, the listing agent represents the owner of the property but negotiates with the lender. The lender makes the decision on what offer they are willing to accept from a buyer. A short sale can take much longer to execute than a regular purchase. It can take days to weeks to hear back from a lender after an offer is made on a short sale property. Be prepared to be patient and you can get a nice bargain.

Latest Columbia SC Foreclosures

651 CEDAR FIELD LANE, West Columbia SC 29170

$99,900

651 CEDAR FIELD LANE, West Columbia

SOLD STRICTLY AS-IS CONDITION. Addendums apply; seller's attorney to hold earnest money.

  • Beds 3
  • Baths 2.0
  • Courtesy of ERA Wilder Realty

68 HERITAGE VILLAGE LANE, Columbia SC 29212

$69,000

68 HERITAGE VILLAGE LANE, Columbia

BANK OWNED MAKE OFFERS. Just needs some cleaning and it would be move in ready. Hard flooring throughout the great room. Extremely close to shopping, you could walk to...

  • Beds 2
  • Baths 2.0
  • Courtesy of Midlands Real Estate LLC

7808 CHARLES TOWNE DRIVE, Columbia SC 29209

$59,900

7808 CHARLES TOWNE DRIVE, Columbia

Brick ranch w/ Formal Dining Room, Great room w/ fireplace, screen porch, 1 Car garage. VA owned property being sold AS IS.

  • Beds 3
  • Baths 2.0
  • Courtesy of Centre Realty, LLC

$90,000

113 SWANSEA ROAD, Swansea

Brick 3 BR, 1.5 Bath ranch home on 14.95 acres in downtown Swansea. This home features a formal LR with hardwood floors, a Great Room & eat-in Kitchen. All Bedrooms hav...

  • Beds 3
  • Baths 1.5
  • Courtesy of Russell & Jeffcoat

725 CAMBRIDGE LANE, Lugoff SC 29078

$74,900

725 CAMBRIDGE LANE, Lugoff

Cute 3 bedroom 2 bath home. Bring your rocking chairs for the front porch and enjoy the privacy of the fenced back yard. All information subject to buyer verification. A...

  • Beds 3
  • Baths 2.0
  • Courtesy of Unlimited Realty LLC

208 TAMARA WAY, Columbia SC 29229

$74,000

208 TAMARA WAY, Columbia

Brick Ranch, 3 bedrooms,2 baths, family room w/fireplace and large backyard with storage Shed located in Northeast Columbia. Convenient to Ft. Jackson and Interstates. HU...

  • Beds 3
  • Baths 2.0
  • Courtesy of ERA Wilder Realty

7711 CASTLETON LANE, Columbia SC 29223

$116,900

7711 CASTLETON LANE, Columbia

4 Bedroom brick ranch in nice established neighborhood featuring new roof, fresh paint inside and out and hardwood floors. New black appliances include a smooth surface ...

  • Beds 4
  • Baths 2.0
  • Courtesy of Catoe Realty

126 MANSFIELD CIRCLE, Lexington SC 29073

$124,900

126 MANSFIELD CIRCLE, Lexington

Fresh paint, new carpet, tile and more! SOLD STRICTLY AS-IS CONDITION. Addendums apply; seller's attorney to hold earnest money.

  • Beds 3
  • Baths 2.0
  • Courtesy of ERA Wilder Realty

320 MARGOT COURT, Orangeburg SC 29115

$95,000

320 MARGOT COURT, Orangeburg

Beautiful 2/2 charming home located in the quiet corners of Orangeburg within close proximity to award winning Edisto gardens. This home is a must see with the spacious ...

  • Beds 2
  • Baths 2.0
  • Courtesy of Kelpat Real Est Professionals

42 LANSING CIRCLE, Columbia SC 29203

$41,999

42 LANSING CIRCLE, Columbia

Brick and vinyl ranch home on .36 acres. Richland One school district. Square footage per tax records. Buyer's agent to verify all information.

  • Beds 3
  • Baths 1.5
  • Courtesy of Covenant Properties Inc

273 OAKPOINTE DRIVE, Lexington SC 29072

$102,335

273 OAKPOINTE DRIVE, Lexington

Home with a lot of potential, 3 bedrooms 2 baths with a large fenced in back yard. This is a HUD property being sold ''as is'', no repairs, and no warranties. Neither sel...

  • Beds 3
  • Baths 2.5
  • Courtesy of ERA Wilder Realty

1506 ALBERT STREET, Camden SC 29020

$58,950

1506 ALBERT STREET, Camden

Ranch style home with carport, shed, fenced back yard and in-ground pool. 4 bedrooms / 2 baths. Camden schools.

  • Beds 4
  • Baths 2.0
  • Courtesy of Wateree Realty

$28,899

1315 CAMPBELL STREET, Camden

Good opportunity for home ownership in Historical Camden! This home has a living room, dining room and is on a large level lot. Home needs some TLC. Home sold as-is, wher...

  • Beds 2
  • Baths 1.0
  • Courtesy of Morris Morgan Realty

1828 MORNINGHILL DRIVE, Columbia SC 29210

$42,000

1828 MORNINGHILL DRIVE, Columbia

Charming 3BR/2BA brick home in the heart of Columbia! Many great features including hardwood floors, beautiful wooden kitchen cabinets, tiled bathroom walls, attached gar...

  • Beds 2
  • Baths 2.0
  • Courtesy of East Coast REO

283 SAINT DAVIDS CHURCH ROAD, West Columbia SC 29170

$127,500

283 SAINT DAVIDS CHURCH ROAD, West Columbia

VA owned property being sold AS IS, 3 Bedrooms, 2.5 Baths, side entry garage, w/ double front porches, formal dining room, New interior paint, carpet & vinyl. New stove ...

  • Beds 3
  • Baths 2.5
  • Courtesy of Centre Realty, LLC

705 MAPLE STREET Unit #D-102, Columbia SC 29205

$94,900

705 MAPLE STREET Unit #D-102, Columbia

A must see brick condo off Devine Street. The building was renovated in 2000. Beautiful common area. Community pool. Hardwood floors and high ceilings. Close to 5Points, ...

  • Beds 1
  • Baths 1.0
  • Courtesy of EXIT Real Estate Solutions

45 BRIDGEPOINTE DRIVE, Sumter SC 29154

$155,000

45 BRIDGEPOINTE DRIVE, Sumter

GREAT LOCATION! All brick home with 4 bedrooms and 3 bathrooms with fireplace, front porch, 2 car garage, fenced backyard with above ground pool and patio. Bonus room is ...

  • Beds 4
  • Baths 3.0
  • Courtesy of Coldwell Banker United

204 WORTHINGTON PARKWAY, Columbia SC 29229

$155,900

204 WORTHINGTON PARKWAY, Columbia

Charming well kept home in Winchester. Home has fresh paint, hardwood floors throughout downstairs, granite counter tops in open kitchen. Gas log fireplace, Upstairs lo...

  • Beds 3
  • Baths 3.5
  • Courtesy of Nancy Bradley & Associates LLC

216 WOODVINE DRIVE, Lexington SC 29072

$90,000

216 WOODVINE DRIVE, Lexington

Move-in ready brick 3 BR, 2 Bath ranch on large .44 acre lot in downtown Lexington. This home has been freshly painted & has gleaming hardwood floors & new carpet. Scre...

  • Beds 3
  • Baths 2.0
  • Courtesy of Russell & Jeffcoat

702 HENDERSON FERRY ROAD, Pomaria SC 29126

$136,425

702 HENDERSON FERRY ROAD, Pomaria

Spacious secluded Country living at it's best!GREAT COUNTRY HOME W/ 1997 SF FINISHED & OPTIONS FOR APPROX. 650 sq ft finished basement 565 sq ft unfinished attic. 4 ACRES...

  • Beds 4
  • Baths 3.0
  • Courtesy of ERA Wilder Realty

3441 WILLOW RIDGE ROAD, Columbia SC 29206

$122,500

3441 WILLOW RIDGE ROAD, Columbia

This is a Fannie Mae HomePath property located in Rockbridge Subdivision. This is a 4 bedroom 3 1/2 bath home with a fireplace.

  • Beds 4
  • Baths 3.5
  • Courtesy of Coldwell Banker United

204 ELDERS POND CIRCLE, Columbia SC 29229

$64,000

204 ELDERS POND CIRCLE, Columbia

Priced to sell! 2 bedrooms, 2 bath patio home. Family room with fireplace and French doors that lead to the patio and fenced backyard. The kitchen has all appliances, ref...

  • Beds 2
  • Baths 2.0
  • Courtesy of EXIT Real Estate Solutions

328 CARRIAGE OAKS DRIVE, Columbia SC 29229

$87,900

328 CARRIAGE OAKS DRIVE, Columbia

GREAT LOCATION! Just over 1 mile to Village of Sandhills shopping and close to Fort Jackson. Has 3 bedrooms, 2 baths with fireplace and large rear deck. Master bedroom ha...

  • Beds 3
  • Baths 2.0
  • Courtesy of Coldwell Banker United

105 GLENEAGLE CIRCLE, Irmo SC 29063

$147,500

105 GLENEAGLE CIRCLE, Irmo

Large eat in kitchen, formal dining room, living room with fireplace, master bedroom with walk in closet, vanity, tub/shower. New carpet, fresh paint.

  • Beds 4
  • Baths 2.0
  • Courtesy of Covenant Properties Inc

$25,000

4233 HILEAH DRIVE, Columbia

Bank Owned. Buyers agent to verify all pertinent information.

  • Beds 3
  • Baths 2.0
  • Courtesy of Midlands Real Estate LLC