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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

3114 Chinaberry Drive, Columbia image
3114 Chinaberry Drive, Columbia $141,000

All Brick 1 story home is ready for it's new owner! This home has old world charm with Knotty Pine Cabinetry in the Large Kitchen. There is a Formal Dining Room with Cr...

  • 3 Beds
  • 2 Baths
Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

3829 Brewer Street, Columbia image
3829 Brewer Street, Columbia $54,900

SOLD STRICTLY AS-IS CONDITION. Addendums apply; seller's attorney to hold earnest money. Anyone entering property must sign Hold Harmless Agreement prior to entry.

  • 3 Beds
  • 1 Baths
Courtesy of Era Wilder Realty

Listing courtesy of Era Wilder Realty.

312 Oakbrook Drive, Columbia image
312 Oakbrook Drive, Columbia $750,000

Must see. Nice five-bedroom home in need of TLC; waiting on a new owner. Convenient location within minutes from local shopping, Sandhills and I-20. Owner is SC License...

  • 5 Beds
  • 6 Baths
Courtesy of Colonial Realty Company

Listing courtesy of Colonial Realty Company.

35 Tee Lane, Williston image
35 Tee Lane, Williston $129,900

Single family home featuring 3 bedrooms and 2 baths. Lots of potential. Schedule your showing today.

  • 3 Beds
  • 2 Baths
Courtesy of Trillionaire Realty

Listing courtesy of Trillionaire Realty.

877 Peninsula Drive, Prosperity image
877 Peninsula Drive, Prosperity $720,000

All Brick Home on Lake Murray in the prestiguous Plantation Point. Large Greatroom with High Ceilings Balcony, Fireplace and Wetbar opens up onto covered back deck for ...

  • 4 Beds
  • 4 Baths
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty.

3314 Camden Highway, Bishopville image
3314 Camden Highway, Bishopville $129,500

HUGE 4-bedroom 3 bath home located in Lee County! This home offers tons of space for new homeowners and current homeowners looking to relocate! Looking for the right owne...

  • 4 Beds
  • 4 Baths
Courtesy of Transit Realty Llc

Listing courtesy of Transit Realty Llc.

1019 Pine Grove Road, Lugoff image
1019 Pine Grove Road, Lugoff $190,000 ▼

Do you have a vision of your dream home ? Bring your imagination & let it run free!!! Let me show you this one . The lovely ranch style home sits on 3 acres of land , ...

  • 3 Beds
  • 2 Baths
Courtesy of Home & Land Pros Llc

Listing courtesy of Home & Land Pros Llc.

9041 State Highway 213, Winnsboro image
9041 State Highway 213, Winnsboro $197,500

Brick ranch style home on 3.3 acres!! Home features 3 Bedroom, 2 Bath, Large Eat-In-Kitchen, Great room with fireplace, bar and bay window. Covered back porch overlooking...

  • 3 Beds
  • 2 Baths
Courtesy of Centre Realty, Llc

Listing courtesy of Centre Realty, Llc.

9339 Windsor Lake Boulevard, Columbia image
9339 Windsor Lake Boulevard, Columbia $224,900 ▼

What a unique property...definitely a MUST see. Lots of space and lots of ways to make it yours! Built in early 1900's with lots of privacy on this approximately 1.5 acre...

  • 7 Beds
  • 3 Baths
Courtesy of Re/Max Advantage Group

Listing courtesy of Re/Max Advantage Group.

123 E Mosley Road, Gadsden image
123 E Mosley Road, Gadsden $65,000

Investors delight, brick ranch in need of tlc, some repairs started. This one will go quick so set up a showing with your agent asap.

  • 3 Beds
  • 1 Baths
Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

131 S Pine Street, Batesburg image
131 S Pine Street, Batesburg $109,900 ▼

Check out this home located in downtown Batesburg with lots of potential. Three-bedroom, 2 bathrooms, 2 living rooms, kitchen and formal dining room. Attached carport, l...

  • 3 Beds
  • 2 Baths
Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

200 Woodwinds Drive, Columbia image
200 Woodwinds Drive, Columbia $148,500

Brick Home 3 Bedroom, 3 Bath with 2 car garage with no HOA!! Home features Formal Living & Dining Room, Family room with fireplace, Eat-In-Kitchen. All bedrooms are locat...

  • 3 Beds
  • 3 Baths
Courtesy of Centre Realty, Llc

Listing courtesy of Centre Realty, Llc.

264 Hillcrest Road, Winnsboro image
264 Hillcrest Road, Winnsboro $35,000

Manufactured home built in 1990 on almost half an acre lot. Seller may consider financing. Possible Terms 10% down then the remaining balance paid at 6% interest and a 20...

  • 3 Beds
  • 2 Baths
Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

701 Seton Road, Columbia image
701 Seton Road, Columbia $96,900

All brick 3-bedroom 2 bath home on corner lot. Large rear deck and fenced back yard. Eat in kitchen and living room with fireplace. Master with private bath. Property nee...

  • 3 Beds
  • 2 Baths
Courtesy of American Dream Realty

Listing courtesy of American Dream Realty.

3925 Hwy 15 S, Sumter image
3925 Hwy 15 S, Sumter $265,000

±2793sf Church with plenty of parking, classrooms, sanctuary, restrooms. Property is situated on ±2.88 AC with parking to accommodate approx. 75 -100 vehicles. Great fron...

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

1820 Kanawha Trail Unit 1, Camden image
1820 Kanawha Trail Unit 1, Camden $159,900 ▼

Large home on Lake Wateree located in Wateree Hills Subdivision. Home has 3 levels, main level has 4 bedrooms, 2 baths, upper level is partially finished and about 2000 ...

  • 4 Beds
  • 2 Baths
Courtesy of Wateree Realty

Listing courtesy of Wateree Realty.

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