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
Newly renovated single-story home on large 2.8 acre lot in Irmo. This home features a living room with a vaulted, beamed ceiling and new hand-scraped wood laminate floori...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
What a Find! 2 acres of privacy here! Has a pool on the property, building as well as a large open building that could be converted to a workspace to store cars or work o...
- 3 Beds
- 2 Baths
Listing courtesy of Vylla Home, Inc..
FREDDIE MAC Property. This property is eligible for the First Look initiative through 08/06/2019. The property is sold AS IS condition. New Roof.
- 3 Beds
- 2 Baths
Listing courtesy of House Hunter Realty The Palmetto Group.
Awesome Deal on this 3 bedroom 2 bath all Brick home with fenced in back yard on .44 acres! Located in Turtle Creek community! Has a bonus room that could be office or 4t...
- 3 Beds
- 2 Baths
Listing courtesy of Vylla Home, Inc..
Great 3BDR, 2BA home located on a beautiful acre of land. This home has very spacious rooms a large master suite. US Dept of HUD owned, Case #461-381218, IE - (INSURABLE...
- 3 Beds
- 2 Baths
Listing courtesy of S&M Realty Of South Carolina.
Brick ranch home with 3 Bedroom, 1 Bath, Eat-In-Kitchen.
- 3 Beds
- 1 Baths
Listing courtesy of Centre Realty, Llc.
Don't miss out on this 1986 Sterling home with a 2 car detached garage. Great place to live near Fort Jackson, McEntire Air Base and McGrady Training Center. The home has...
- 3 Beds
- 3 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Multiple Offers, Highest and Best due now. Fantastic All Brick, 1 story home in the heart of Batesburg-Leesville on .53 acres! You're only a couple of blocks from Sheal...
- 2 Beds
- 2 Baths
Listing courtesy of Keller Williams Columbia.
Large 3 bedroom 3 bath home. Large bedrooms, hardwoods in both formal living room and dining room. 1 bedroom and living area on lower level could be separate in law suite...
- 3 Beds
- 3 Baths
Listing courtesy of American Dream Realty.
Spacious three bedroom brick home in Columbia near all amenities. With a little TLC you have a wonderful opportunity to make this house your home. Large living room with ...
- 3 Beds
- 2 Baths
Listing courtesy of Real Estate Partners Llc.
Beautiful custom home with southern charm, in wonderful neighborhood with great amenities! 3 bedrooms & 2.5 baths. Spacious open floor plan with hardwoods through out the...
- 3 Beds
- 3 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Just renovated! ready to move into! New paint, hvac, flooring, kitchen and bath. Huge home in established neighborhood. 3 bedrooms, w baths, detached, garage/workshop and...
- 3 Beds
- 2 Baths
Listing courtesy of Home & Land Pros Llc.
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.
Cottage style historical home in downtown Columbia! This home has so much charm that has been updated with a modern flare! New paint and lighting fixtures. The kitchen ...
- 2 Beds
- 2 Baths
Listing courtesy of Jp & Associates Realtors Magnolia Group.
SOLD STRICTLY AS-IS CONDITION. Addendums apply; seller's attorney to hold earnest money.
- 3 Beds
- 3 Baths
Listing courtesy of Era Wilder Realty.
Check out this home. Large front porch for relaxing on. Living room with fireplace and hardwood floors, arch to formal dining room with hardwood floors. Buyer and buyer...
- 3 Beds
- 1 Baths
Listing courtesy of Century 21 Vanguard.
This 2004 mobile home features 4 bedrooms, 2 bathrooms, living room, and a den with fireplace and built-in book shelves. Zoned for Lexington Four schools. Property is own...
- 4 Beds
- 2 Baths
Listing courtesy of Keller Williams Palmetto.
Vacant. Go and show.
Listing courtesy of Keller Williams Columbia.
Beautiful all brick 3 bedroom, 2.5 bath home on golf course in Wildewood subdivision. Living room has hardwood floors, vaulted ceilings and a fireplace. Formal dining roo...
- 3 Beds
- 3 Baths
Listing courtesy of Re/Max Advantage Group.
Brick Ranch Home features 3 Bedroom, 2 Bath, Formal Living & Dining, Family Room with wood burning fireplace. Kitchen with granite counter tops. Side entry carport, patio...
- 3 Beds
- 2 Baths
Listing courtesy of Centre Realty, Llc.
Charming one-story home with split floor plan. There is a large family room and an eat-in kitchen with breakfast bar. The owner's suite has a walk-in closet and a private...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
All Brick home home in the country with large lot, spacious deck, detached carport and detached building. Pick your paint and come on home!
- 3 Beds
- 2 Baths
Listing courtesy of Vylla Home, Inc..
Newly updated 2 BR, 1 Bath ranch home on large 0.39 acre lot in downtown Newberry. This home has been freshly painted and has new HVAC system, new kitchen counter tops, n...
- 2 Beds
- 1 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Beautiful home located in Beasley Creek Subdivision right outside of Columbia. Close to major highway and shopping. Home has 3 bedrooms 2 full baths, bonus room upstairs....
- 3 Beds
- 2 Baths
Listing courtesy of Personal Touch Realty.
