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

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$29,900

1407 Lucas Street, Cayce

Charming Brick 2 bedroom, 1 bath bungalow with sun room, large back yard, quiet street. Close to I-77, West columbia and University of SC. This is a Homepath property.

  • Beds2
  • Baths1.0
  • Courtesy ofNancy Bradley & Associates Llc

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$99,900

934 Jeffers Road, Elgin

Vinyl ranch on large lot. Spacious Great Room with wood-burning fireplace. Eat-in kitchen w/ bay window dining area. 3 BDRM and 2 Full Bath. Master Bedroom comes with a p...

  • Beds3
  • Baths2.0
  • Courtesy ofErica Homes, Llc

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$85,000

109 Ashley Court, Lexington

Charming Charleston style home located in the heart of Lexington. 3 bedroom 2.5 bath, 1470 sq ft home with backyard privacy fence with large deck overlooking creek. A lot...

  • Beds3
  • Baths3.0
  • Courtesy ofExit Real Estate Solutions

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$38,000

1815 Copeland Road, Camden

Well kept all brick 1000sqft, 3 bdr, 1 bath house makes a great starter home.Original hardwood floors in living & bedrooms. Solid wood cabinets in kitchen w/updated count...

  • Beds3
  • Baths1.0
  • Courtesy ofExit Real Estate Solutions

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$145,500

384 Eagle Pointe Drive, Chapin

Move right in! One of the best deals in Eagle Pointe! This home has room for everyone. 4 bedroom 2.5 baths with formal living and dining room combo. Family room with fire...

  • Beds4
  • Baths3.0
  • Courtesy ofReal Estate Associates Llc

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$154,900

445 Thor Road, Pelion

Beautiful mini-mansion set way back on your own acre. A diamond in the rough, needs construction to be completed.

  • Beds4
  • Baths4.0
  • Courtesy ofGibbs Realty & Auction Co, Inc

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$157,900

348 Eagle Pointe Drive, Chapin

Fantastic home located in highly desirable Chapin School District. 5 true bedrooms. Spacious floor plan. Bank owned move in ready. New carpet, paint and vinyl.

  • Beds5
  • Baths3.0
  • Courtesy ofResource Realty Group

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$27,560

6556 Margate Street, Columbia

Don't miss out on this great opportunity! This ranch style home is conveniently located near the interstate and offer a covered front porch and hardwood floors in most of...

  • Beds3
  • Baths2.0
  • Courtesy ofRealhome Services & Solutions

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$36,000

221 Meadowfield Road, Gaston

Beautiful 3/2 home with spacious family room and separate dining area.Private master bedroom located in rear of home. Country living at its best!!!Equal Housing Opportuni...

  • Beds3
  • Baths2.0
  • Courtesy ofKelpat Real Est Professionals

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$290,000

215 Fetterbush Road, Elgin

Wonderful opportunity. Bank owned property. Great floor paln. High ceilings, hardwoods, custom cabinets in kitchen.

  • Beds3
  • Baths4.0
  • Courtesy ofColdwell Banker United

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$115,000

442 Pond Branch Road, Lexington

County Living! Great floor plan with just about an acre lot. This ranch style home has a split layout, master bedroom with private bath, separate shower, walk-in closet a...

  • Beds3
  • Baths2.0
  • Courtesy ofEra Wilder Realty

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$118,000

192 Nestle Court, Columbia

Home with a lot of potential, 3 bedrooms 2 bath. Great room with vaulted ceiling and dining area. The kitchen has a breakfast bar and pantry. The master bedroom has a pri...

  • Beds3
  • Baths2.0
  • Courtesy ofEra Wilder Realty

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$775,000

1223 Jennings Court, Columbia

None

  • Beds5
  • Baths5.0
  • Courtesy ofColdwell Banker United

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$64,600

608 Crystal Springs Drive, Lexington

3 BR, 2 bath ranch home on nearly a full acre in Lexington. This home features a great room, an eat-in kitchen with smooth surface range, built-in microwave & dishwasher....

  • Beds3
  • Baths2.0
  • Courtesy ofRussell & Jeffcoat

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$78,900

3130 Quitman Street, Columbia

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

  • Beds3
  • Baths2.0
  • Courtesy ofEra Wilder Realty

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$44,900

1204 Third Street, Newberry

Fabulous starter or rental home! A perfect location inside of the town of Newberry. You'll love this great home and all it has to offer with three bedrooms, two full bath...

  • Beds3
  • Baths2.0
  • Courtesy ofEra Wilder Realty

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$124,900

252 Mariners Row, Columbia

Located in the gated community of Yacht Cove. Convenient to shopping dining, interstate access. Min from Harbison Blvd. Large unit with 3 bedrooms and 3.5 baths. Open flo...

  • Beds4
  • Baths4.0
  • Courtesy ofEra Wilder Realty

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$139,900

4 Linnet Court, Columbia

REDUCED AND MOVE IN READY! Beautiful home, 2-story with 5 Bedrooms and 3 full bathrooms. Interior has new carpet and new paint, nice neutral colors. Home has a 2 car gara...

  • Beds5
  • Baths3.0
  • Courtesy ofColdwell Banker United

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$44,900

138 Chatham Circle, Winnsboro

4 bedroom, 2 bath home with large eat in kitchen. French doors opening to deck with large yard. Master bedroom has private bath. Large front porch. Plenty of room for fam...

  • Beds4
  • Baths2.0
  • Courtesy ofCentury 21 J Bolos

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$44,000

7018 Whitmell Avenue, Columbia

Nice all-brick house with real wood cabinets in kitchen. Hardwood floors in living room, dining room and bedrooms. Huge fenced backyard. House does need updating but this...

  • Beds3
  • Baths2.0
  • Courtesy ofAsset Realty Inc

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$58,000

717 Martha Street, Columbia

Brick ranch with 3 bedrooms, 2 baths. Hardwood floors throughout most of home. Sold strictly in 'as-is' condition.

  • Beds3
  • Baths2.0
  • Courtesy ofEra Wilder Realty

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$82,680

119 Ashewood Lake Drive, Columbia

Don't miss out on making this house your home! Convenient location and the home offers a great floorplan, covered front porch, patio in the rear, fenced backyard, eat-in ...

  • Beds3
  • Baths2.0
  • Courtesy ofRealhome Services & Solutions

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$52,900

214 Bratton Street, Winnsboro

Located in historic district near the quaint downtown of winnsboro. Enjoy southern charm at it's finest with beautiful formal areas. 12' Ceilings throughout, huge bedroom...

  • Beds4
  • Baths4.0
  • Courtesy ofEra Wilder Realty

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$54,450

2211 Weiss Drive, Columbia

Nice all brick that needs some TLC. Large fenced backyard with a storage shed. Home has a dining area with hardwood flooring with off of kitchen, a formal living room wit...

  • Beds3
  • Baths2.0
  • Courtesy ofMorris Morgan Realty

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$39,300

5721 Brackenridge Road, Columbia

Make this house your home! Conveniently located near shops restaurants, interstate and all the necessary amenities! This ranch style home offers a nice floorplan, covered...

  • Beds3
  • Baths2.0
  • Courtesy ofRealhome Services & Solutions