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
Incredible investment opportunity near everything Columbia has to offer. Currently generating $2300 in monthly rental income, this triplex consists of 3409, 3411, and 341...
- 3 Baths
Listing courtesy of Lifesouthern Llc.
Small country cottage on 1.16 of an acre of land. This 2BDR, 1BA home was previously updated and has a nice built-on deck. Great property with lots of privacy. US Dept o...
- 2 Beds
- 1 Baths
Listing courtesy of S&M Realty Of South Carolina.
Larger all Brick home on large lot, attached carport and side load garage and is very centrally located close to Lexington Medical center. Bring your ideas to make this o...
- 3 Beds
- 3 Baths
Listing courtesy of Vylla Home, Inc..
MLS Public Remarks: Property is reported to be VACANT and may be eligible for Conventional or other Private Financing (Buyer responsible for securing Loan). Register and ...
- 3 Beds
- 2 Baths
Listing courtesy of Exp Realty Llc.
Traditional ranch with unique charm located on pond. Large deck and screen in porch and separate patio. 165 feet, complete back yard has pond access.
- 3 Beds
- 6 Baths
Listing courtesy of Sc Real Estate Exchange.
Spacious 4 BR, 2.5 bath ranch home in Sycamore Acres in Lexington. This home features an eat-in kitchen with solid surface countertops. Enjoy outdoor entertaining on the ...
- 4 Beds
- 3 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Vinyl sided home with wooden privacy fence, large workshop, patio, nice size yard for entertaining. Open floor plan with arches, living room, kitchen, dining room, 3 bedr...
- 3 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
Brick ranch on 4 acres of land. Enclosed garage can be converted back to two car. Sunroom, covered patio, above ground pool with deck, fenced in back yard. 26*36 Works...
- 3 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
Remarkable home on 10 acres in Leesville! So many possibilities with this beautiful estate!! The ranch style home has 3,367 sf with 3 bedrooms and 2 bathrooms. Hardwoods ...
- 3 Beds
- 3 Baths
Listing courtesy of Southern Visions Realty Inc.
78.19 +/- acres in Leesville. Pond on back of property! Beautiful property for recreation, development or private homesite!
Listing courtesy of Southern Visions Realty Inc.
Traditional brick ranch home on corner lot. Side-load double garage. Formal Living and Dining Rooms, Family Room with fireplace, Eat-in Kitchen. All 3 bedrooms have ha...
- 3 Beds
- 2 Baths
Listing courtesy of Era Wilder Realty.
5 Bedrooms 3.5 Bathrooms on a private 5 acre lot. This is the custom home you've been searching for! The great room boast hardwood flooring, a wood burning fireplace, tw...
- 5 Beds
- 4 Baths
Listing courtesy of Real Estate Associates Llc.
Hartsville--cute brick home with great potential. e bedrooms, 1.5 baths. Attached carport with outside storage. Easy access to all Hartsville has to offer.
- 3 Beds
- 2 Baths
Listing courtesy of Home & Land Pros Llc.
Bishopville-corner lot with brick home and 3 bed and 2 baths. Covered front porch for the rocking chairs and a screened porch for entertaining. Fireplace and a double att...
- 3 Beds
- 2 Baths
Listing courtesy of Home & Land Pros Llc.
Vacant. Go and show.
Listing courtesy of Keller Williams Columbia.
One Story maintenance free vinyl siding home in popular Moss Creek subdivision! Great location minutes from I-26 and close to downtown Columbia. The home features a Gre...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Columbia.
3 bed 2 bath all brick home located near historic downtown Camden. Close to shopping, restaurants, entertainment, and I-20. US Dept of HUD owned, Case #461-559413, Uninsu...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
Needs TLC ..Sold as is.. large 4 bedroom 2 bath home with finished room over garage. Great Room with hardwoods, fireplace and plenty of natural lighting. Updated kitchen...
- 4 Beds
- 2 Baths
Listing courtesy of American Dream Realty.
4 bedroom, 1 bath, 2 story home built in 1930 located on a 0.24 acre corner lot with a covered front porch.
- 4 Beds
- 1 Baths
Listing courtesy of Re/Max Advantage Group.
$13,900.00 3 bedroom 1 Bath home priced just right. This property is ideal for Home owners and investors alike, priced to sell it offers a huge lot and easy access to sho...
- 3 Beds
- 1 Baths
Listing courtesy of Transit Realty Llc.
Call agent for lock box code.
- 3 Beds
- 2 Baths
Listing courtesy of Exp Realty Llc.
None
- 2 Beds
- 1 Baths
Listing courtesy of Realty Haven Llc.
This is a must see home! 2 story, with 3 bedroom, 2 1/2 bath sitting on one of the largest lots in the Woodtrace community! Living room with fireplace & surrounding built...
- 3 Beds
- 3 Baths
Listing courtesy of Re/Max Advantage Group.
One story brick ranch, three bedroom, one bath, fenced in back yard, enclosed porch, shed, great investment!
- 3 Beds
- 1 Baths
Listing courtesy of Century 21 Vanguard.
3 BR, 2 bath manufactured home on large country lot. Zoned for Gilbert schools. This home features a great room with FP and a large eat-in kitchen. The owner's suite has ...
- 3 Beds
- 2 Baths
Listing courtesy of Coldwell Banker Residential Brokerage.
