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

500 Garmony Road, Columbia $79,900

WOW! Classic all brick ranch located in Irmo school districts just off the interstate in a well known and established neighborhood. This home has some amazing features th...

3 Beds
2 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

5083 Coburg Lane, Orangeburg $47,000

Nice home with great potential. This 3BDR, 2BA home has a spacious living area and bedrooms. Large backyard for expansion with a shed for storage. US Dept of HUD owned,...

3 Beds
2 Baths

Courtesy of S&M Realty Of South Carolina

Listing courtesy of S&M Realty Of South Carolina.

313 Jones Bridge Road, North $32,000

Nice 2BDR, 1BA starter home. Spacious eat-in kitchen with a separate dining and living area. Large backyard and covered patio for your entertaining. US Dept of HUD owne...

2 Beds
1 Baths

Courtesy of S&M Realty Of South Carolina

Listing courtesy of S&M Realty Of South Carolina.

3018 Mcnaughton, Columbia $100,000

Commercial building. Great potential. Building has 4 offices and reception area with plenty of parking. Great potential.

Courtesy of Transit Realty Llc

Listing courtesy of Transit Realty Llc.

208 Wilkes Road, Columbia $59,900

Brick ranch home located on a corner lot. Three bedrooms, two full baths, kitchen, dining area, living room, mud/laundry room. Has great potential!

3 Beds
2 Baths

Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

108 Coopers Nursery Road, Elgin $800,000

Wow what a beautiful home that just needs your touch to make it perfect, located in Woodcreek Farms! The master suite on the main features his & her closets, a spacious s...

5 Beds
7 Baths

Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

432 Ivywood Lane, Blythewood $239,000

Great Schools ! Immaculate home located in the Langford Crossing Subdivision. This home has granite in both the kitchen area and bathrooms. Home has hardwood floors on...

4 Beds
3 Baths

Courtesy of Transit Realty Llc

Listing courtesy of Transit Realty Llc.

134 Birdsong Trail, Chapin $294,900

Freddie Mac Property ! This property is eligible under the First Look initiative through 12/25/19. Seller will not complete any repairs to the subject property, either le...

4 Beds
4 Baths

Courtesy of House Hunter Realty The Palmetto Group

Listing courtesy of House Hunter Realty The Palmetto Group.

2970 Timrod Road, Bethune $45,000

Nice 3BDR, 1BA home with a formal living and dining area. Large area to expand on the attached 1.85 acre of land. Great starter home. US Dept of HUD owned, Case #461-61...

3 Beds
1 Baths

Courtesy of S&M Realty Of South Carolina

Listing courtesy of S&M Realty Of South Carolina.

331 Woodcote Drive, Gaston $150,000

Spacious 3 bed 2 bath home in Gaston, SC. Situated on almost .5 acres on a quiet lot in the back of the neighborhood, this home boasts an open floor plan with large windo...

3 Beds
2 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

641 Brooks Avenue, West Columbia $88,888

Two bedroom, one bath bank foreclosure being sold AS IS. Partially fenced in back yard with small shed, large detached garage. Will need to be updated.

2 Beds
1 Baths

Courtesy of Signature Homes And Land Llp

Listing courtesy of Signature Homes And Land Llp.

1426 Rabon Farms Lane, Columbia $105,000

Charming home in Rabon Farms! This Charming 3 bedroom 2 bath home features a Great room, spacious Kitchen, Master bedroom with ensuite. Enjoy evenings on the Screened Po...

3 Beds
2 Baths

Courtesy of Coldwell Banker Residential Brokerage

Listing courtesy of Coldwell Banker Residential Brokerage.

1139 Danwood Avenue, Lexington $39,900

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 bu...

3 Beds
2 Baths

Courtesy of Era Wilder Realty

Listing courtesy of Era Wilder Realty.

236 W Miriam Avenue, Columbia $45,000

3 bedroom, 2 bath single story home on 0.20 acre lot.

3 Beds
2 Baths

Courtesy of Re/Max Advantage Group

Listing courtesy of Re/Max Advantage Group.

357 Garvey Circle, Columbia $399,000

101.4 acres of land perfect for development! This property represents 3 separate parcels being sold together, and consists of 2 lots in the Hastings Point subdivision, pl...

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

211 Meades Court, Lexington $150,000

This Lexington home in the Manors at White Knoll is a must-see! The home features 3 bedrooms, 2.5 bathrooms, 2 car garage, eat-in kitchen open to the living room, and a f...

3 Beds
3 Baths

Courtesy of Keller Williams Palmetto

Listing courtesy of Keller Williams Palmetto.

11 Millet Ridge Court, Columbia $115,000

A charming 3 bedrooms with 2 full bath room for $115,000. The master bathroom has double vanities along with plenty of room. Nice 2 car garage and a large back yard. Th...

3 Beds
2 Baths

Courtesy of Transit Realty Llc

Listing courtesy of Transit Realty Llc.

630 Kimpton Street, Columbia $185,000

Great 5BDR, 3BA home in a newly built sought out area of town. This home has a large eat-in kitchen, spacious bedrooms and great master suite. The backyard has a deck a...

5 Beds
3 Baths

Courtesy of S&M Realty Of South Carolina

Listing courtesy of S&M Realty Of South Carolina.

188 Berry Drive, West Columbia $154,900

Newly renovated 3 BR, 2.5 bath home in Orchard Hill. This home features a formal LR, DR, family room plus an eat-in kitchen. New roof installed 2019. New luxury vinyl flo...

3 Beds
3 Baths

Courtesy of Coldwell Banker Residential Brokerage

Listing courtesy of Coldwell Banker Residential Brokerage.

920 Laurie Lane, Columbia $99,900

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

3 Beds
1 Baths

Courtesy of Era Wilder Realty

Listing courtesy of Era Wilder Realty.

429 S Main Street, Prosperity $154,500

Stately colonial home in downtown Prosperity. This home features 6 bedrooms and 3 baths. There is a formal LR with FP, a dining room and large eat-in kitchen. Oversized d...

6 Beds
3 Baths

Courtesy of Coldwell Banker Residential Brokerage

Listing courtesy of Coldwell Banker Residential Brokerage.

2237 Trakand Drive Unit 111, Lexington image

2237 Trakand Drive Unit 111, Lexington $184,421

The Kershaw Plan is an open concept three bedroom two-and-one-half bath home made for entertaining! The home opens to a flex room, just off of the family, and kitchen. Th...

3 Beds
3 Baths

Courtesy of The Mungo Company Inc

Listing courtesy of The Mungo Company Inc.

157 Charles Towne Court, Columbia $119,900

GREAT HOME AND LOCATION, PRICED TO SELL! This home has a great floor plan with 3 bedrooms and 2 full bathrooms. Front and rear porch with nice fenced in backyard. Family ...

3 Beds
2 Baths

Courtesy of Coldwell Banker Residential Brokerage

Listing courtesy of Coldwell Banker Residential Brokerage.

8 Night Heron Court, Columbia $142,000

This home has 4 Bedroom, 2.5 Bath, Living & Dining Combo, Master Suite with private bath. Recently painted, new carpet. Close to award winning schools, shops and inter...