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
Great 4 bedroom, 2.5 bath brick home with hardwood floors, basement and 2 car garage. Huge kitchen and formal dining room and living room. Minutes to Shaw, Sumter and Ca...
- 4 Beds
- 3 Baths
Listing courtesy of Home & Land Pros Llc.
Multi level condo unit with great potential! Bring your toolbelt and your skillz to make this one your home sweet home!
- 3 Beds
- 3 Baths
Listing courtesy of Vylla Home, Inc..
Don’t miss this bargain! This really pretty 3 bedroom, 2 bathroom home is located in the Keenan Terrace neighborhood of Columbia. It is close to all of the downtown ameni...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Columbia.
Great investment property close to the VA and Garners Ferry corridor. Hardwood floors throughout the living areas and bedrooms.
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Palmetto.
This home features three bedrooms, two bathrooms, a living area with fireplace and a screened porch and detached garage. Property is owned by the US Dept. of HUD, Case #4...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Columbia.
This prime agricultural use land can pay for itself! With over 3 acres of level wooded land, sell the timber and let it pay for itself. Build your dream here!
Listing courtesy of Exit Real Estate Solutions.
This prime agricultural use land can pay for itself! With over 11.56 acres of level wooded land, sell the timber and let it pay for itself. Or clear a spot and build yo...
Listing courtesy of Exit Real Estate Solutions.
This home features three bedrooms, two bathrooms, and living area with fireplace on 2.86 acres. Property is owned by the US Dept. of HUD, Case #461-450190. Insurability C...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Columbia.
This home features four bedrooms, two bathrooms, a large living area with fireplace and a screened porch. Property is owned by the US Dept. of HUD, Case #461-439663. Insu...
- 4 Beds
- 2 Baths
Listing courtesy of Keller Williams Columbia.
SOLD STRICTLY AS-IS CONDITION. Addendums apply; seller's attorney to hold earnest money. Seller will not complete any repairs to the subject property, either lender or...
- 3 Beds
- 2 Baths
Listing courtesy of Era Wilder Realty.
Cute all brick ranch home on just over a half acre and only minutes the city center. Bring your tools as this property will not last long with only minor cosmetic details...
- 3 Beds
- 2 Baths
Listing courtesy of Vylla Home, Inc..
Fixer upper - great 4 bedroom rental property. "Sold strictly as is."
- 4 Beds
- 2 Baths
Listing courtesy of Era Wilder Realty.
Being sold "strictly as-is condition." Fixer upper.
- 3 Beds
- 1 Baths
Listing courtesy of Era Wilder Realty.
This is one of the larger units -- 1200 square feet -- newly renovated with fresh paint and carpet. Brand new energy-efficient HVAC and water heater. The galley kitchen f...
- 2 Beds
- 2 Baths
Listing courtesy of Brand Name Real Estate.
This prime agricultural use land can pay for itself! With over 11.73 acres of level wooded land, sell the timber and let it pay for itself.
Listing courtesy of Exit Real Estate Solutions.
This prime agricultural use land can pay for itself! With over 3 acres of level wooded land, sell the timber and let it pay for itself.
Listing courtesy of Exit Real Estate Solutions.
A great space to build a cozy home! This is a bank owned lot. It is level, partially cleared, and close to access for I-77.
Listing courtesy of Keller Williams Columbia.
Build a brand new home in a charming established neighborhood! This corner lot is located in the Hollywood Hills subdivision. It is partially enclosed by a chain link fen...
Listing courtesy of Keller Williams Columbia.
Vacant. Go and show.
Listing courtesy of Keller Williams Columbia.
Best Location Ever! New construction High Performance Homes, loaded with custom features, located in the second Phase of the Lyon Street Community and within walking dist...
- 4 Beds
- 3 Baths
Listing courtesy of Keller Williams Palmetto.
Two story traditional style home located in Whiteford Subdivision. Four bedroom, three bathroom, big bonus room. Kitchen has eat in area, ample cupboard space. Master...
- 4 Beds
- 3 Baths
Listing courtesy of Century 21 Vanguard.
Rehab opportunity! This property is in need of TLC but has loads of potential and opportunity. The 1,358 sq ft dwelling is located on a 7,020 square foot lot with fenced ...
- 3 Beds
- 1 Baths
Listing courtesy of Exp Realty Columbia.
Bank owned property being sold "as-is".
- 2 Beds
- 3 Baths
Listing courtesy of Re/Max Advantage Group.
Nice 2 bedroom, 2 full bathrooms patio home with a great open floor plan that makes this a must see! Large family room with a corner fire place and vaulted ceilings. Mast...
- 2 Beds
- 2 Baths
Listing courtesy of Brave Realty Llc.
Bring your imagination!! Brick home on large corner lot in Hollydale neighborhood of Orangeburg. Bank-owned 3 bedroom, 1 bath home with room for expansion. This property...
- 3 Beds
- 1 Baths
Listing courtesy of Brand Name Real Estate.
