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 looking lot located in a nice country setting just a short drive to I95 and Sumter. Spacious 2.0 acres with perfect location for a new build and room to add a barn ...
Listing courtesy of Keller Williams Palmetto.
Brick ranch located on shaded lot just minutes from Downtown Sumter. Spacious LR flows nicely to the dining area. Family room with wood burning fireplace located just off...
- 3 Beds
- 3 Baths
Listing courtesy of Keller Williams Palmetto.
This is a bank owned property that's been vacant for several years. It's located on a corner lot in a community with lots of potential. The pictures are from google ea...
Listing courtesy of Keller Williams Columbia.
One story brick ranch with 3 bedrooms and 1 bathroom diamond in the rough needing your tlc to bring it back to a polished shine. Good bones waiting on investor.
- 3 Beds
- 1 Baths
Listing courtesy of Century 21 Vanguard.
COUNTRY HOME on 2.99 ACRES with lots of open yard space for the kids and pets to roam. Interior features include a formal living room, a great room w/ a fireplace, 4br, 2...
- 4 Beds
- 2 Baths
Listing courtesy of Shealy Realty.
2001 Redman doublewide, 4 bedroom 2 full bathrooms. Living room has stone fireplace for keeping warm on those cold nights, also built in book shelves. Formal dining ro...
- 4 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
Come look at this one, great investment opportunity! Nice front porch for sitting on, sipping your sweet tea or hot coffee in the morning. Beautiful sago palms on each ...
- 3 Beds
- 1 Baths
Listing courtesy of Century 21 Vanguard.
Unique Ranch that needs a little TLC to become the home of your dreams, The home is located on a beautiful lot with 165 feet of water frontage. A large deck, screened po...
- 3 Beds
- 4 Baths
Listing courtesy of Sc Real Estate Exchange.
CALLING ALL INVESTORS! Take advantage of this excellent opportunity to revitalize this beauty - 4 sides brick, full basement, great schools, Hampton-Wildcat neighborhood ...
- 4 Beds
- 3 Baths
Listing courtesy of Exp Realty Llc.
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
Listing courtesy of Wateree Realty.
bank owned property , being sold as-is. Bank rectifying a legal description potential error .Bank has confirmed they own a 1 acre parcel with a house structure in disrepa...
- 2 Beds
- 1 Baths
Listing courtesy of Re/Max Advantage Group.
Great all brick home on a large lot with hardwood floors both formals and a large great room. Near interstate access
- 3 Beds
- 2 Baths
Listing courtesy of Exclusive Realty Llc.
Investors delight! Great diamond in the rough waiting for you to make it shine. Brick ranch on corner lot, deck, fenced in rear.
- 3 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
Calling all DEVELOPERS!! 101.4 acres of land perfect for development already zoned RU! This property represents 3 separate parcels being sold together, and consists of 2 ...
Listing courtesy of Keller Williams Columbia.
