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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

501 Skyland Drive, Columbia image
501 Skyland Drive, Columbia $111,900

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...

  • 3 Beds
  • 3 Baths
Courtesy of Era Wilder Realty

Listing courtesy of Era Wilder Realty.

237 Jeffers Circle Unit #19 and 20, Elgin image
237 Jeffers Circle Unit #19 and 20, Elgin $60,000

3 acre lot in well established neighborhood. This is 2 lots combined and can easily be separated into 2 individual lots. Close to shopping in Columbia or Lugoff.

Courtesy of Palmetto Homes And Land Realty

Listing courtesy of Palmetto Homes And Land Realty.

818 Motley Road, Hopkins image
818 Motley Road, Hopkins $149,000

5bedroom, 3 bath, 2 story home. Unique floor plan. Attached apartment with private entrance. In-ground pool.

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

Listing courtesy of Re/Max Advantage Group.

27 Sierra Court, Columbia image
27 Sierra Court, Columbia $79,900

3 bedroom, 1 bath brick home. Hardwood floors, Fenced back yard. Rear patio. Sunroom.

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

Listing courtesy of Re/Max Advantage Group.

3534 Thurmond Street, Columbia image
3534 Thurmond Street, Columbia $139,900 ▼

Great house in a great area! Minutes from downtown, USC and all interstates! All brick, 3/2 with HUGE garage space reconfigured into a family room complete with bay win...

  • 3 Beds
  • 2 Baths
Courtesy of Jp & Associates Realtors Magnolia Group

Listing courtesy of Jp & Associates Realtors Magnolia Group.

228 Pebble Creek Road, Columbia image
228 Pebble Creek Road, Columbia $489,900 ▼

Stunning five bedroom, four and half bathroom home fully remodeled. Inground gunite pool with new tiles and hard cover. New appliances, new granite counter tops in kitc...

  • 5 Beds
  • 5 Baths
Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

property image
761 Jordan Road, Barnwell $139,900 ▼

CALLING ALL INVESTORS!! 5 bedroom, 2 1/2 bath home located in Barnwell SC sitting on 2 acres with rocking chair front porch. Large eat-in kitchen with den, formal dining ...

  • 5 Beds
  • 3 Baths
Courtesy of Broadwater-Toole Realty Llc

Listing courtesy of Broadwater-Toole Realty Llc.

327 Brooklet Court, Lexington image
327 Brooklet Court, Lexington $409,900 ▼

Newly updated 5 BR, 3.5 bath home in Laurel Falls. The expansive main level features a formal LR with bay window, a formal dining room with coffered ceiling, a great room...

  • 5 Beds
  • 4 Baths
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty.

4745 Crystal Drive, Columbia image
4745 Crystal Drive, Columbia $179,900 ▼

Brick ranch located in Trenholm Hills. Lovely 3 bedroom , 2.5 bath, kitchen, dining room, living room and family room. Several rooms have hardwood flooring under carpet....

  • 3 Beds
  • 3 Baths
Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

1446 Bonner Avenue, Columbia image
1446 Bonner Avenue, Columbia $95,000

Beautifully and freshly renovated 3 bedroom and 1 bathroom home located in the growing Northeast side of Columbia. Features hardwood floors throughout the majority of the...

  • 3 Beds
  • 1 Baths
Courtesy of The Brokerage House

Listing courtesy of The Brokerage House.

5803 N Main Street, Columbia image
5803 N Main Street, Columbia $45,000

The perfect location for your business! Located near the historic College View and Seminary Ridge neighborhoods of Columbia, this lot offers more than half an acre of lan...

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

3035 Beechaven Road, Columbia image
3035 Beechaven Road, Columbia $88,000 ▼

Make this your new home. Zoned for Keenan High. All brick 3 bedroom with enclosed 1 car garage for additional room. Hardwood floors through out 1/2 bath could be gutted a...

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

Listing courtesy of Centre Realty, Llc.

1215 Wayne Street, Columbia image
1215 Wayne Street, Columbia $799,999 ▼

Property was previously listed for $1,500,000 and has since been foreclosed and is now priced to sale quickly. Located in "The Vista" Columbia's upscale, downtown enterta...

Courtesy of Re/Max Purpose Driven Llc

Listing courtesy of Re/Max Purpose Driven Llc.

N Lee Street Unit #4, Leesville image
N Lee Street Unit #4, Leesville $280,800 ▲

46.8 acres with a pond located in Leesville! Beautiful property for recreation, development or private homesite! Owner financing available!

Courtesy of Southern Visions Realty Inc

Listing courtesy of Southern Visions Realty Inc.

N Lee Street Unit #3, Leesville image
N Lee Street Unit #3, Leesville $102,000

17 acres located in Leesville! Beautiful property for recreation, development or private homesite! Owner financing available!

Courtesy of Southern Visions Realty Inc

Listing courtesy of Southern Visions Realty Inc.

N Lee Street Unit #1, Leesville image
N Lee Street Unit #1, Leesville $109,500 ▲

18.25 acres located in Leesville! Beautiful property for recreation, development or private homesite! Owner financing available!

Courtesy of Southern Visions Realty Inc

Listing courtesy of Southern Visions Realty Inc.

143 Edmund Avenue, Bishopville image
143 Edmund Avenue, Bishopville $75,000 ▼

Older Historic home situated on 3 acres of land situated off the road with fabulous front porch to rock away the days and rear screened porch for those cool nights. Bring...

  • 4 Beds
  • 2 Baths
Courtesy of Vylla Home, Inc.

Listing courtesy of Vylla Home, Inc..

439 N Lee Street, Leesville image
439 N Lee Street, Leesville $430,000

78.19 +/- acres in Leesville. Pond on back of property! Beautiful property for recreation, development or private homesite! Owner financing available!

Courtesy of Southern Visions Realty Inc

Listing courtesy of Southern Visions Realty Inc.

2507 Gervais Street, Columbia image
2507 Gervais Street, Columbia $130,000

DIAMOND IN THE ROUGH! Very good location...several blocks from downtown Columbia. Zoned C-1. Property has lots of potential. Sold strictly As Is.

  • 2 Baths
Courtesy of Re/Max Home Team Realty Llc

Listing courtesy of Re/Max Home Team Realty Llc.

357 Garvey Circle, Columbia image
357 Garvey Circle, Columbia $399,000

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 ...

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

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