Columbia SC Real Estate

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

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$199,900

702 Longtown Road, Blythewood

Wonderful traditional style brick home with 3 bedrooms and 3 full baths. Interior has carpet, tile and hardwood floors throughout. Living room has brick fireplace with bu...

  • Beds 4
  • Baths 6.0
  • Courtesy of Century 21 J Bolos

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$34,900

225 Sandy Peach Lane, Lexington

Mobile home located on large lot that offers opportunity to live farm style lifestyle. Formal living room. Den with fireplace. Master bath with garden tub. Kitchen has is...

  • Beds 3
  • Baths 2.0
  • Courtesy of Edgefield Southern Realty, Llc

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$57,500

2930 Pine Plain Road, Swansea

Great home on a quiet dirt road. Beautifully situated out in the country. 3 bedrooms, 1 bath with a great floor plan that makes the home feel cozy and comfortable. Brand ...

  • Beds 3
  • Baths 1.0
  • Courtesy of Cmm Realty, Inc.

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$95,000

360 Summerland Court, Pelion

Charming 3 bedroom 2 bath home with vinyl siding, 1 acre of land and a one car attached carport. Interior of the home features vaulted ceiling in the living room, carpet ...

  • Beds 2
  • Baths 2.0
  • Courtesy of Century 21 J Bolos

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$249,900

213 Stutman Road, Leesville

Newly updated 4 BR, 3.5 bath home on nearly 8 acres in Leesville. This home has been freshly painted with new carpet, vinyl & appliances. The FR features a beamed ceiling...

  • Beds 4
  • Baths 4.0
  • Courtesy of Russell & Jeffcoat

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$79,900

131 Savanna Woods Circle, West Columbia

Charming 3 bedroom 2 full bath home in Savanna Woods subdivision! Home has a front porch stretching the full length of the house with both a nice sized front yard and fen...

  • Beds 3
  • Baths 2.0
  • Courtesy of Century 21 J Bolos

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$24,900

229 Windsor Point Road Unit #5B, Columbia

2nd floor unit. SOLD STRICTLY AS-IS CONDITION. Addendums apply; seller's attorney to hold earnest money.

  • Beds 2
  • Baths 2.0
  • Courtesy of Era Wilder Realty

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$72,080

11 Covey Court, Lugoff

Come view this lovely home and make an offer! This 2-story home offers a large lot, living room with fireplace, eat-in kitchen, formal dining room, 2 car garage, rear pat...

  • Beds 3
  • Baths 3.0
  • Courtesy of Realhome Services & Solutions

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$36,100

833 Bess Street, Newberry

Ranch style home with a lot of potential, 3 bedrooms 1.5 baths. This is a HUD property being sold "as is", no repairs, and no warranties. Neither seller nor broker has an...

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

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$73,200

46 Westfern Court, Columbia

Don't miss out on this great opportunity! This home features a covered front porch, patio in the rear and it's conveniently located! Home is also on a cul-de-sac and it's...

  • Beds 3
  • Baths 2.0
  • Courtesy of Realhome Services & Solutions

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$145,900

216 Stoney Pointe Drive, Chapin

Fabulous three bedroom home with fully fenced backyard in Lexington/Richland 5 school district. This community features a swimming pool, playground, gazebo and water view...

  • Beds 3
  • Baths 3.0
  • Courtesy of Era Wilder Realty

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$44,500

296 Straightaway Lane, Gaston

Doublewide located on quiet cul-de-sac just outside of Gaston. Most of 1.2 acre lot is fenced in. Good looking barn could be used for storage, workshop, or man cave. Mast...

  • Beds 3
  • Baths 2.0
  • Courtesy of Asset Realty Inc

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$57,700

70 Jaggers Place, Columbia

This cute ALL BRICK, 1481sqft, 3br/2ba home is full of potential. Large living area opens to both eat-in kitchen and spacious family room with high ceilings.U shaped kitc...

  • Beds 3
  • Baths 2.0
  • Courtesy of Exit Real Estate Solutions

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$34,900

5056 Harriette Lane, Kershaw

Enjoy peaceful country living on 5 acres of land in the 3 bedroom 2 full bath home. Perfect fixer upper. Handyman special. This home needs updating but would make a wonde...

  • Beds 3
  • Baths 2.0
  • Courtesy of Heartland Realty

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$56,000

116 Robauld Avenue, Chapin

Beautiful views of Lake Murray! No Lake frontage. Sold as is. Home has no value.

  • Beds 3
  • Baths 2.0
  • Courtesy of Mid State Realty, Llc

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$58,000

938 Fiske Street, Columbia

Sold strictly in as-is condition. Brick bungalow with hardwood floors throughout most of home.

  • Beds 4
  • Baths 1.0
  • Courtesy of Era Wilder Realty

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$43,500

1657 Bradham Boulevard, Sumter

Don't miss out on this great opportunity and make an offer! This raised ranch style home offers a spacious living area, eat-in kitchen, wood deck and it sits on a large 3...

  • Beds 4
  • Baths 3.0
  • Courtesy of Realhome Services & Solutions

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$29,000

3163 Hammond Avenue, Columbia

sold strictly as-is condition

  • Beds 2
  • Baths 1.0
  • Courtesy of Era Wilder Realty

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$45,000

3555 Humphrey Drive, Columbia

sold strictly as-is condition.

  • Beds 3
  • Baths 1.0
  • Courtesy of Era Wilder Realty

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$45,000

7112 Nancy Avenue, Columbia

Sold strictly as-is condition.

  • Beds 4
  • Baths 1.0
  • Courtesy of Era Wilder Realty

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$62,000

2149 Cresthill Drive, Columbia

Sold strictly as-is condition.

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

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$33,000

420 Briercliff Drive, Columbia

Investment Property, Tenant currently in home. Bank Owned, Sold As-Is. Call Agent for details.

  • Beds 3
  • Baths 1.0
  • Courtesy of Resource Realty Group

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$87,900

128 New Way Road, Columbia

New carpet, vinyl flooring, paint, appliances, kitchen countertop 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

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$25,500

150 Dowd Drive, Gaston

This is a Fannie Mae Homepath property. This 1296 square foot 3 bedroom 2 full bath home features a fully fenced yard with a detached garage. Home is on a 1.07 acre lot -...

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

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$49,000

34 Neibling Drive, Aiken

All brick Ranch Style home in quiet cul de sac in the City of Aiken. This house features 3 bed/1.5 bath and is close to all the amenities of shopping and dining.

  • Beds 2
  • Baths 2.0
  • Courtesy of Edgefield Southern Realty, Llc