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

7790 FLAT ROCK ROAD, Kershaw SC 29067

$30,000

7790 FLAT ROCK ROAD, Kershaw

3 bed 2 bath 1950 square feet home offers an open family room to the kitchen and eat in dining area with laminate flooring. Master bath with his & hers walk in closets, s...

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

152 LANIER AVENUE, West Columbia SC 29170

$75,000

152 LANIER AVENUE, West Columbia

Charmer! This 3 bedroom 2 bath house is ready to be your new home! At .81 acres you have almost a full acre to yourself! Neutral paint colors make it warm and inviting. B...

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

421 RIVERWALK WAY, Irmo SC 29063

$58,900

421 RIVERWALK WAY, Irmo

Nice sized home (1692 sf) located in Riverwalk. Open LR area that leads into spacious kitchen. Master has walk-in closet and private bath. Private back yard. Close to sho...

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

253 BRADSTONE ROAD, Irmo SC 29063

$73,500

253 BRADSTONE ROAD, Irmo

Make this house your home today! Conveniently located and it offers hardwood floors, eat-in kitchen, high ceilings, detached storage, wood deck in the rear and a fenced y...

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

233 INWAY DRIVE, Columbia SC 29223

$47,000

233 INWAY DRIVE, Columbia

Home with a lot of potential, 3 bedrooms 2baths. Large corner lot with a large fenced in back yard. This is a HUD property being sold ''as is'', no repairs, and no warr...

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

333 STURKIE LANE, Gaston SC 29053

$50,000

333 STURKIE LANE, Gaston

Cute country home in Gaston that is priced to sell! This home sits on nearly an acre with new flooring and paint throughout. Bring all offers!

  • Beds 3
  • Baths 1.0
  • Courtesy of Serrus Real Estate & Prop Mngt

285 WARNER ROAD, Gilbert SC 29054

$36,000

285 WARNER ROAD, Gilbert

Nice secluded 3BR/2BA home on @ 2 acre lot. Large family room with fireplace, formal living room and open kitchen with island, eat-in area & pantries. Computer nook/st...

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

137 TORTOISE TRAIL Unit #11, Batesburg SC 29006

$39,000

137 TORTOISE TRAIL Unit #11, Batesburg

Lake Murray Estates lot with over an acre of wooded beauty. Build your site built home here. Close to public dock. Over 200ft of frontage! Lot ends at SCE&G vegetative bu...

  • Beds
  • Baths
  • Courtesy of Gibbs Realty & Auction Co, Inc

1845 LAKE CAROLINA DRIVE, Columbia SC 29229

$126,000

1845 LAKE CAROLINA DRIVE, Columbia

Awesome all brick home located on corner lot in one of NE Columbia's premier communities. This home features an open floor plan with dining room and formal living room, ...

  • Beds 4
  • Baths 2.5
  • Courtesy of REALHome Services & Solutions

117 RAINTREE DRIVE, Irmo SC 29063

$65,300

117 RAINTREE DRIVE, Irmo

District 5 Schools! 3 bedrooms, Family Room with fireplace. Spacious Master Bedroom with private bath. Perfect starter home. Fenced backyard.Large kitchen with lots of ca...

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

7024 EDMUND HIGHWAY, Pelion SC 29123

$64,900

7024 EDMUND HIGHWAY, Pelion

Brick 3 BR, 1.5 bath ranch home on 1.07 acre country lot in Pelion. This home features hardwood floors, an eat-in kitchen, a fenced yard and a large storage shed. This ...

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

6968 SAINT LUKES CHURCH ROAD, Prosperity SC 29127

$100,000

6968 SAINT LUKES CHURCH ROAD, Prosperity

Great home on 13.5 acres. Very nice bungalow with covered front porch, handicap ramp and detached carport in front of metal storage shed. Hardwood floors, ceiling fans th...

  • Beds 2
  • Baths 1.0
  • Courtesy of Clepper Realty, Inc

613 OLD BRASS DRIVE, Columbia SC 29229

$54,900

613 OLD BRASS DRIVE, Columbia

Spacious single family home with 3 bedrooms/2baths and a fireplace. Home is located on a huge lot and has a lot of potential. This is a Fannie Mae HomePath Property and i...

  • Beds 3
  • Baths 2.0
  • Courtesy of CMM Realty, Inc.

39 COBBLESTONE LANE, Elgin SC 29045

$167,500

39 COBBLESTONE LANE, Elgin

Wonderful well kept home with 4 bedrooms 2.5 baths, Master on main with french doors to patio and screen back porch. Attached double garage and fenced back yard.

  • Beds 4
  • Baths 2.5
  • Courtesy of Home & Land Pros LLC

3421 MAYBANK STREET, Columbia SC 29204

$26,500

3421 MAYBANK STREET, Columbia

Brick Ranch 3 Bedroom, 1 Bath, eat in kitchen, close to busline. VA property being sold AS IS

  • Beds 3
  • Baths 1.0
  • Courtesy of Centre Realty, LLC

124 GOLDEN POND DRIVE, Lexington SC 29073

$109,900

124 GOLDEN POND DRIVE, Lexington

3 bedroom 2.5 bath home in Golden Pond. Dining area and living room with fireplace. Master bedroom on first floor with private bath. Wrap around porch, deck, shed and fen...

  • Beds 3
  • Baths 2.5
  • Courtesy of Century 21 J Bolos

3405 DERBYSHIRE LANE, Columbia SC 29210

$69,900

3405 DERBYSHIRE LANE, Columbia

Brick ranch a nice sized lot located in Pine Glen. Formal LR and FR with lots of natural light. FR has wood burning fireplace. Master has full private bath and walk-in cl...

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

110 LONGLEAF DRIVE, Cayce SC 29033

$63,900

110 LONGLEAF DRIVE, Cayce

3 BR, 2.5 Bath split level home on large cul-de-sac lot in Moss Creek. Minutes from downtown Columbia, shopping & interstate access. This home features a great room wit...

  • Beds 3
  • Baths 2.5
  • Courtesy of Russell & Jeffcoat

2156 TANGLEWOOD ROAD, Sumter SC 29154

$157,000

2156 TANGLEWOOD ROAD, Sumter

Traditional Home, Vinyl construction, newly updated with 4 bedrooms, 2 1/2 baths. Open floorplan, Formal Living & Dining Rms with Hardwood Floors, family rm with firepl...

  • Beds 4
  • Baths 2.5
  • Courtesy of Nancy Bradley & Associates LLC

1081 OAKLAND DRIVE, Elgin SC 29045

$73,140

1081 OAKLAND DRIVE, Elgin

Charming ranch home that is conveniently located! This home offers a covered front porch, kitchen with bar, sunken living room, half acre lot, and the master and dining l...

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

4443 BETHEL CHURCH ROAD, Columbia SC 29206

$21,000

4443 BETHEL CHURCH ROAD, Columbia

3 story townhome with large master suite on 3rd floor. Unit only steps from the community pool. Nice sided living room with fireplace overlooking barkyard. Close to shopp...

  • Beds 3
  • Baths 2.5
  • Courtesy of Asset Realty Inc

234 HARMONY VIEW COURT, Gaston SC 29053

$173,840

234 HARMONY VIEW COURT, Gaston

Spacious country setting home! Features include a covered front porch, eat-in kitchen with bar, high ceilings, huge deck and it's located on 4+ acres! Make an offer! REO ...

  • Beds 4
  • Baths 2.0
  • Courtesy of REALHome Services & Solutions

29 CANADIAN COURT, Hopkins SC 29061

$199,000

29 CANADIAN COURT, Hopkins

Wonderful 4 bedroom 3.5 bath Brick and Vinyl home. Located in Richland Hills Subdivision. Home has open, well functioning floor plan with carpet and tile throughout. Main...

  • Beds 4
  • Baths 3.5
  • Courtesy of Century 21 J Bolos

458 FOUNTAIN LAKE ROAD, Columbia SC 29209

$81,500

458 FOUNTAIN LAKE ROAD, Columbia

3 bedroom 2.5 bath home in East Lake. Conveniently located-minutes from Fort Jackson and Downtown. Large eat in kitchen,finished bonus room over garage 2 car garage and f...

  • Beds 3
  • Baths 2.5
  • Courtesy of Century 21 J Bolos

229 WINDSOR POINT ROAD Unit #2B, Columbia SC 29223

$19,900

229 WINDSOR POINT ROAD Unit #2B, Columbia

2 bedroom 2 bath condo located close to interstates and shopping. Spacious living area with fireplace. Private deck accessible from master bedroom and LR. Master has walk...

  • Beds 2
  • Baths 2.0
  • Courtesy of Asset Realty Inc