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

25 LOST TREE LANE, Columbia SC 29223

$120,500

25 LOST TREE LANE, Columbia

Nice home in Cul-de-sac, with a garage, Great room with fireplace, has book shelves in living room area. Home is located near parks, restaurants, shopping, and the Villag...

  • Beds 4
  • Baths 2.5
  • Courtesy of Morris Morgan Realty

$60,000

339 W CAMPANELLA DRIVE, Columbia

Great all brick home near downtown in established neighborhood. Detached garage in back. Near I-20 and I-277. Large eat in kitchen with tile floor, family room and bedroo...

  • Beds 3
  • Baths 1.5
  • Courtesy of EXIT Real Estate Solutions

1187 GUS STURKIE ROAD, Swansea SC 29160

$34,900

1187 GUS STURKIE ROAD, Swansea

Brick 3 BR, 1 bath ranch home on .6 acre country lot in Swansea. This home features a formal living room, large dining area & a covered porch. Great investment opportun...

  • Beds 3
  • Baths 1.0
  • Courtesy of Russell & Jeffcoat

$90,000

2506 CENTER STREET, Columbia

Nice Brick home,great location.Just minutes from Downtown, USC,& Forest Acres.Amazing kitchen space,hardwood floors and decent bedrooms. This home has a ton of potential!...

  • Beds 4
  • Baths 2.0
  • Courtesy of EXIT Real Estate Solutions

3010 OAKHAVEN ROAD, Columbia SC 29204

$79,500

3010 OAKHAVEN ROAD, Columbia

Make an offer on this ranch style home! This is a great opportunity for an all brick home that is conveniently located! It offers a covered front porch, hardwood floors, ...

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

329 OAKEY SPRINGS DRIVE, Gaston SC 29053

$12,500

329 OAKEY SPRINGS DRIVE, Gaston

1998 Horton Summit MH with 3 BR, 2 Baths on a .65 acre lot. This home features an open floor plan with wood burning fireplace. The Master Suite has a private Bath with ...

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

19 WACTOR STREET, Sumter SC 29150

$37,500

19 WACTOR STREET, Sumter

Great location. 3 bedroom, 2 bath, fireplace and fenced backyard. Sold strictly in current as is condition

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

825 CHADFORD ROAD, Irmo SC 29063

$90,000

825 CHADFORD ROAD, Irmo

Excellent starter home in established neighborhood. Cozy 3BR, 2BA home. Family room with wood burning fireplace, formal dining room and nice kitchen with lots of storage....

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

2629 HILLDALE DRIVE, Sumter SC 29154

$75,260

2629 HILLDALE DRIVE, Sumter

Make an offer and this house can be your home today! This ranch is conveniently located and offers a beautiful kitchen with bar, patio, fenced backyard and it sits on 1/2...

  • Beds 3
  • Baths 1.5
  • Courtesy of REALHome Services & Solutions

$19,900

LEONARD DRIVE, Lexington

0.39 acre bank owned lot near Midway Elementary School.

  • Beds
  • Baths
  • Courtesy of Southern Visions Realty Inc

$27,900

134 LEONARD DRIVE, Lexington

0.6 acre bank owned lot near Midway Elementary School.

  • Beds
  • Baths
  • Courtesy of Southern Visions Realty Inc

36 CANTERBURY COURT, Columbia SC 29210

$29,900

36 CANTERBURY COURT, Columbia

Spacious 3 bed 2 bath home with deck near shopping and interstate. Master has private bath. Community pool.This is a Fannie Mae HomePath property. Purchase for as little ...

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

525 FRIARSGATE BOULEVARD, Irmo SC 29063

$63,900

525 FRIARSGATE BOULEVARD, Irmo

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

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

$4,300

684 BOY SCOUT ROAD, Gaston

Property has been severely damaged by fire. Bank owned property being sold AS IS, Please use caution when entering the home. Any title issues to be cleared by Buyer post ...

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

513 BROOKSHIRE DRIVE, Columbia SC 29210

$96,900

513 BROOKSHIRE DRIVE, Columbia

Priced to sell. A little dated but has great living space. Enjoy private like setting while living in the heart of Whitehall. Close to downtown, Columbiana Center, I-26, ...

  • Beds 4
  • Baths 3.5
  • Courtesy of ERA Wilder Realty

230 SORREL TREE LANE, Elgin SC 29045

$153,090

230 SORREL TREE LANE, Elgin

Dream come true for some lucky buyer! Enchanting 3BR/2BA home w/Large bonus room is rare find; formal dining room; family room w/FP; open kitchen with bar; and split floo...

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

318 BARGER CIRCLE, Irmo SC 29063

$67,500

318 BARGER CIRCLE, Irmo

Bank Owned, Sold As-Is. Home in good condition. Features hardwoods, tile, black appliances and granite countertops. Cul-de-sac lot. Priced for quick sell, this one will n...

  • Beds 3
  • Baths 2.0
  • Courtesy of Resource Realty Group

524 COCKSPUR ROAD, Irmo SC 29063

$53,550

524 COCKSPUR ROAD, Irmo

Bank Owned Sold As-Is. Florida room is included in square footage. All brick ranch style home with 3 bedrooms and 2 baths. Priced to sell quickly.

  • Beds 3
  • Baths 2.0
  • Courtesy of Resource Realty Group

$79,900

138 COLEMAN AVENUE, Whitmire

Large 5 bedroom 3 full bath home located on a corner lot close to downtown. Home features formal living, dining, eat-in kitchen, great room, front porch and deck.

  • Beds 5
  • Baths 3.0
  • Courtesy of Linda Renwick Realty Inc

172 BERKELEY RIDGE DRIVE, Columbia SC 29229

$220,000

172 BERKELEY RIDGE DRIVE, Columbia

Need square footage? 3 story vinyl sided home with over 3700sf in Lake Carolina. New paint, carpet, appliences, etc. Spacious master with walk-in closet and private bath....

  • Beds 6
  • Baths 3.5
  • Courtesy of Asset Realty Inc

821 GREENWOOD ROAD, Saluda SC 29138

$110,000

821 GREENWOOD ROAD, Saluda

Beautiful custom built two story Cap Cod style home with 9 acres. Formal Living room and Dining Room opens to vaulted great room with fireplace and built in bookcases. S...

  • Beds 4
  • Baths 2.5
  • Courtesy of Edgefield Southern Realty, LLC

820 SETON ROAD, Columbia SC 29212

$77,100

820 SETON ROAD, Columbia

Make an offer! This all brick home offers a covered front porch, fenced backyard with wood deck, eat-in kitchen, stunning hardwood floors throughout and it's conveniently...

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

865 TULIP LANE, Orangeburg SC 29115

$59,000

865 TULIP LANE, Orangeburg

Nice looking brick ranch located in Orangeburg. Home completley renovated. New paint, carpet, flooring, appliances, etc. Move in ready!! Master bedroom has walk-in clo...

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

503 SWEET THORNE ROAD, Irmo SC 29063

$94,500

503 SWEET THORNE ROAD, Irmo

This lovely home won't last so make an offer! This 1-story home offers vaulted ceilings, nice kitchen with dinette area, wood deck, fenced backyard, wooded lot and it's c...

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

120 GREENSIDE DRIVE, Lexington SC 29072

$237,500

120 GREENSIDE DRIVE, Lexington

All brick home close to Lexington Country Club. Vaulted ceilings in great room, Formal dining room w/ hardwoods, kitchen with custom cabinets and granite counters. Great ...

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