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
Closets, Closets, Closets.....Much potential in this 3 bedroom, 2 bath home. It sits on a corner lot, with driveway entrance off main road. The kitchen will benefit fro...
- 3 Beds
- 2 Baths
Listing courtesy of S&M Realty Of South Carolina.
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
Listing courtesy of Centre Realty, Llc.
Traditional Ranch, Open floor plan with unique charm located on pond, 165 feet of water frontage, complete backyard, with nice pergola has pond access, Large deck and scr...
- 3 Beds
- 4 Baths
Listing courtesy of Sc Real Estate Exchange.
Luxury awaits you in this custom-built hard-coat stucco Mediterranean style home with 4 BR and 4.5 baths in Forest Hills. This home features a stately entrance hall with ...
- 4 Beds
- 5 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Great location to downtown and schools. Home could easily be a three bedroom. Easy to maintain.
- 2 Beds
- 2 Baths
Listing courtesy of Linda Renwick Realty Inc.
This home needs some TLC but it has some nice features like the hardwood floors, tiled baths, masonry fireplace, eat-in kitchen, and large level lot iwth fenced in backya...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
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...
Listing courtesy of Re/Max Purpose Driven Llc.
37.9 acres with a pond located in Leesville! Beautiful property for recreation, development or private homesite! Owner financing available!
Listing courtesy of Southern Visions Realty Inc.
17 acres located in Leesville! Beautiful property for recreation, development or private homesite! Owner financing available!
Listing courtesy of Southern Visions Realty Inc.
8.9 acres located in Leesville! Beautiful property for recreation, development or private homesite! Owner financing available!
Listing courtesy of Southern Visions Realty Inc.
16.3 acres located in Leesville! Beautiful property for recreation, development or private homesite! Owner financing available!
Listing courtesy of Southern Visions Realty Inc.
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
Listing courtesy of Vylla Home, Inc..
78.19 +/- acres in Leesville. Pond on back of property! Beautiful property for recreation, development or private homesite! Owner financing available!
Listing courtesy of Southern Visions Realty Inc.
Massive size home with lots of potential with extensive square footage!!! Rooms Galore!!! A Kitchen that a chef would fall in love with as well as the office space and su...
- 7 Beds
- 5 Baths
Listing courtesy of Vylla Home, Inc..
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
Listing courtesy of Re/Max Home Team Realty Llc.
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.
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...
Listing courtesy of Keller Williams Columbia.
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
Listing courtesy of Signature Homes And Land.
GREAT CORNER LOT IN COBBLESTONE PARK. GATED COMMUNITY. AWARD WINNING SCHOOL DISTRICT. $20,000 CLUB INITIATION FEES WILL NEED TO BE PAID AT CLOSING BY BUYER.
Listing courtesy of Century 21 Vanguard.
