Columbia SC Real Estate
Columbia SC Real Estate Experts

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

39 DERBY LANE, Lugoff SC 29078

$114,000

39 DERBY LANE, Lugoff

Canterfield Subdivision. 3 bedroom 2 bath, open floor plan, formal dining room, laundry room, attached garage

  • Beds 3
  • Baths 2.0
  • Courtesy of Home & Land Pros LLC

1405 FRIENDLY WOODS ROAD, Blythewood SC 29016

$17,200

1405 FRIENDLY WOODS ROAD, Blythewood

1.5 ACRE 3 bedroom 1.5 bath ranch home in Blythewood.

  • Beds 3
  • Baths 1.5
  • Courtesy of Home & Land Pros LLC

718 DOUGLAS STREET, Camden SC 29020

$30,000

718 DOUGLAS STREET, Camden

Property sold as is.

  • Beds 3
  • Baths 1.0
  • Courtesy of Graham Realty, Inc

167 PINEY GROVE ROAD, Columbia SC 29210

$87,500

167 PINEY GROVE ROAD, Columbia

This mostly all brick home has a great location convenient to I-26/I-20, shopping, dining and schools. Home features 3 Bedrooms and 21/2 Baths.Kitchen overlooks large bac...

  • Beds 3
  • Baths 2.5
  • Courtesy of EXIT Real Estate Solutions

336 HUNTERS BLIND DRIVE, Columbia SC 29212

$121,000

336 HUNTERS BLIND DRIVE, Columbia

All Brick 3 Bedroom, 2 Bath home with a large fenced backyard and screened porch. Home is located in a peaceful community with an award winning school zone, short distanc...

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

122 SUMMERVALE DRIVE, Columbia SC 29223

$115,000

122 SUMMERVALE DRIVE, Columbia

Wonderful opportunity. Nice family room with vaulted ceiling and fireplace. Master bedroom is on main level,private bath, walk-in closet.Freshly Painted and new carpet th...

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

949 MORRIS ROAD, Prosperity SC 29127

$45,000

949 MORRIS ROAD, Prosperity

Farm house on a country road home in need of renovation.

  • Beds 3
  • Baths 1.0
  • Courtesy of Aggressive Realty

$69,900

121 DENBY CIRCLE, Columbia

2 Story home with a fenced backyard located in Denby Place at The Summit, located in an award winning school district. Home sold as-is, where-is, all inspections are a co...

  • Beds 3
  • Baths 2.5
  • Courtesy of Morris Morgan Realty

$39,000

VETERANS- WEST SIDE ROAD, Columbia

Property is contingious to 301 Veterans Rd. Located on right side on road prior to Print shop. @ 301 Veterans Rd.

  • Beds
  • Baths
  • Courtesy of Coldwell Banker United

1639 S BELTLINE BOULEVARD Unit #15, Columbia SC 29205

$75,000

1639 S BELTLINE BOULEVARD Unit #15, Columbia

Great brick ranch house featuring 3 bedrooms and 2 bathrooms. Home is partially fenced.

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

202 CHURCH STREET, St.Matthews SC 29135

$102,000

202 CHURCH STREET, St.Matthews

Charm galore on this 2 story home in Saint Matthews. Home is on corner lot in quiet area close to town with large front porch overlooking beautiful landscaped yard with ...

  • Beds 5
  • Baths 3.5
  • Courtesy of Nancy Bradley & Associates LLC

46 CORONET DRIVE, Columbia SC 29206

$144,900

46 CORONET DRIVE, Columbia

Superb value! Large brick home with hardwood floors. Conveniently located in the Forest Lakes area. Formal living room and den has a fireplace. The updated kitchen opens ...

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

Lot 5 SMOOTH ROCK POINT ROAD, Ridgeway SC 29130

$114,500

Lot 5 SMOOTH ROCK POINT ROAD, Ridgeway

Super large waterfront property with big views of main channel. Sandy beach. Beautiful homes next door

  • Beds
  • Baths
  • Courtesy of Lake Wateree Properties Inc

6853 PENNINGTON ROAD, Columbia SC 29209

$189,900

6853 PENNINGTON ROAD, Columbia

HOT NEW LISTING!! * Best kept secret in Columbia! * Home is tucked away off of Leesburg road in a newer community near the VA Hospital and Fort Jackson. It has the perfe...

  • Beds 3
  • Baths 2.5
  • Courtesy of Covenant Properties Inc

1737 WESTON ROAD, Hopkins SC 29061

$157,026

1737 WESTON ROAD, Hopkins

Two story brick home on 3.5 acres of land. *For OCCUPIED PROPERTIES ONLY! Seller credit to buyer at closing $750. Square footage per tax records. Buyer's agent to verify ...

  • Beds 3
  • Baths 2.5
  • Courtesy of Covenant Properties Inc

4 DUFFIE COURT, Columbia SC 29229

$224,900

4 DUFFIE COURT, Columbia

Traditional two story home w/large living room w/ high ceilings and fireplace, formal dining room w/hardwood fls, island in the kitchen, large master bath w/boxed ceiling...

  • Beds 4
  • Baths 3.5
  • Courtesy of Covenant Properties Inc

512 DOKO COURT Unit #65 blanding, Blythewood SC 29016

$4,200

512 DOKO COURT Unit #65 blanding, Blythewood

residential building lot backs up to golf course. located in the award winning development of cobblestone. 27 holes of golf, tennis, recreation and so much more. Make thi...

  • Beds
  • Baths
  • Courtesy of Home Realty LLC

264 CORNERSTONE LANE, Lexington SC 29073

$105,000

264 CORNERSTONE LANE, Lexington

Cozy brick ranch home with 3BR/2BA. Needs flooring & family to call home. Has living room, ceiling fans, kitchen has wood cabinets with dining area & bay window, master w...

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

1653 OAK STREET, Cayce SC 29033

$60,000

1653 OAK STREET, Cayce

This cute Edenwood home features three bedrooms and two full baths and approximately 1060 square feet. The home sits on a flat lot and a fenced back yard and a deck on th...

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

104 SUTTON WAY, Irmo SC 29063

$60,000

104 SUTTON WAY, Irmo

A perfect location to the town of irmo, shopping and schools. Walking distance to dutch fork schools you'll love all this home has to offer.not to mention the great back ...

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

1602 BON AIR DRIVE, Columbia SC 29203

$18,000

1602 BON AIR DRIVE, Columbia

2 Bedroom 1 Bath home with Hardwood floors throughout and Large lot! Great Potential!!! Sold as-is, where is. This is a Fannie Mae HomePath property

  • Beds 2
  • Baths 1.0
  • Courtesy of EXIT Real Estate Solutions

1000 LEAMINGTON CIRCLE, Irmo SC 29063

$249,950

1000 LEAMINGTON CIRCLE, Irmo

Enjoy the landscaping of an established neighborhood with the freshness of an updated home! The roof, HVAC and hardwoods on the main floor have all been replaced within ...

  • Beds 5
  • Baths 2.5
  • Courtesy of Coldwell Banker United

$21,900

10 ACME STREET, Columbia

This is a Fannie Mae HomePath Property located in the Washington Park Subdivision. This is an all brick home with three bedrooms and one full bath. Property does need a...

  • Beds 3
  • Baths 1.0
  • Courtesy of Coldwell Banker United

$96,200

150 DEWDROP DRIVE, Ridgeway

Home with a lot of potential, 3 bedrooms 2 bath. Home comes with almost 6 acres (5.9 acres) per tax records. This is a HUD property being sold ''as is'', no repairs, an...

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

$75,000

146 CHARM HILL ROAD, Lugoff

3Br 2Ba with loads of extras, large laundry room, kitchen with dining area, large living room with built-in entertainment center, spacious master bedroom, and .83 acre lo...

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