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
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..
3 bedroom, 2 bath 1998 mobile home on 2.20 acre lot. Living room with fireplace. Eat-in kitchen.
- 3 Beds
- 2 Baths
Listing courtesy of Re/Max Advantage Group.
Picturesque setting, postcard worthy home set on approx 3.46 acres. This beauty features an all brick home sitting on top a hill. This property is a show stopper, with 3...
- 2 Baths
Listing courtesy of S&M Realty Of South Carolina.
3 Bed 2 bath mobile home on 1.03 acres. Located in Lee County, just over Kershaw County, Stephens Road runs off Old Stage coach Road. Investor or Cash buyer, home needs...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Columbia.
Vinyl ranch, located in a peaceful country setting, 1 acre, surrounded by farms, within couple miles to Saluda River access. Split bedroom plan, 4 bedrooms, 2 living area...
- 4 Beds
- 2 Baths
Listing courtesy of Clepper Realty, Inc.
3 Bedroom 1.5 bath ranch home in Green Lake Estates. This home features a formal living room with a vaulted ceiling, dining area, galley kitchen and 3 bedrooms. This home...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Newly updated 3 BR 2.5 Bath home in Lake Carolina - The Meadows. This home has two new HVAC systems, new granite countertops in the kitchen and master bath, new range, di...
- 3 Beds
- 3 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Come home to the Redbay area of Woodcreek Farms! Huge traditional home with tons of bells and whistles. Inside features a master suite w/his & her closets, his & her vani...
- 5 Beds
- 7 Baths
Listing courtesy of Home & Land Pros Llc.
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.
2000 manufactured home on brick underpinning in Pomaria. This home has 3 bedrooms and 2 baths. There is a large, eat-in kitchen and a great room. Enjoy outdoor entertaini...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Come see this spacious home in the Meadowlake Subdivision! This home features a Formal Living, Dining Room with hardwood flooring, Family Room with a wood burning Firepla...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
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..
Two story home located in Winchester. Three bedroom and two and half baths. Formal living room with hardwood floors. Family room with fireplace. Kitchen has formica co...
- 3 Beds
- 3 Baths
Listing courtesy of Century 21 Vanguard.
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.
Diamond in the rough. Come take a look. This property is a mobile home that sits on 2.7 acres of land. The house is in need of some TLC. This home offers 3 bedrooms a...
- 4 Beds
- 2 Baths
Listing courtesy of S&M Realty Of South Carolina.
This 2 bedroom townhome in The Groves features a large living room and unfinished basement. Property is owned by the US Dept. of HUD, Case #461-659285. FHA Insurability C...
- 2 Beds
- 3 Baths
Listing courtesy of Keller Williams Palmetto.
* BEAT OUT OTHER BUYERS BY ACTING NOW!! * This one is truly a diamond in the rough. The first real bargain hunter will snatch this one up quickly. Home is located in Lex ...
- 3 Beds
- 1 Baths
Listing courtesy of Keller Williams Columbia.
Beautiful 3 bedroom, 2 bath brick home situated on a large corner lot, features a spacious backyard, outdoor storage unit and large outdoor patio. Large living room that ...
- 3 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
1995 manufactured home with 4 BR, 2 Baths on large country lot in Hopkins. This home features a formal LR with FP, a family room, an eat-in kitchen and 4 bedrooms. There ...
- 4 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Single Story all brick home. 3 bedroom ,1.5 bath. Hardwood floors through-out.
- 3 Beds
- 2 Baths
Listing courtesy of Re/Max Advantage Group.
Picturesque setting. Great potential in this Ranch style home. This 4-BDRM, 2-BA home great potential. Kitchen has tons of storage options, and semi-open to family room...
- 4 Beds
- 2 Baths
Listing courtesy of S&M Realty Of South Carolina.
Great Price on Lakefront Home in the Wildewood/Silver Lake Subdivision=Enjoy the outdoors with large deck and pool. Hardwood floors in all living rooms downstairs and sta...
- 4 Beds
- 4 Baths
Listing courtesy of Era Wilder Realty.
Oakbrook Village Subdivision this single family home in need of some TLC. This home features a mother in law suite downstairs with separate bath and bedroom area. Laundry...
- 4 Beds
- 2 Baths
Listing courtesy of Personal Touch Realty.
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.
This brick ranch features 3 bedrooms, 1.5 bathrooms, eat-in kitchen, and a good sized den. Property is owned by the US Dept. of HUD, Case #461-694852. Insurability Code ...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Palmetto.
