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

1005 Denton Drive, Columbia $63,500

This one-story brick ranch features 3 bedrooms, 2 bathrooms, spacious kitchen open to the den with fireplace, formal dining room, and attached carport. Property is owned ...

3 Beds
2.0 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

2006 Camp Creek Circle, Elgin $98,000

Nice 3BDR, 2BA home located on the corner of a cul-de-sac. This home provides a spacious and open living room, a galley style kitchen and spacious bedrooms. There's also ...

3 Beds
2.0 Baths

Courtesy of S&M Realty Of South Carolina

Listing courtesy of S&M Realty Of South Carolina.

15 Golden Way Unit #15, Prosperity image

15 Golden Way Unit #15, Prosperity $94,000

Bank-Owned .26 acre lot with 107ft. of water frontage in Lake Murray upscale neighborhood with underground utilities, street lights, rolled curbing and private dock appro...

Courtesy of Re/Max Advantage Group

Listing courtesy of Re/Max Advantage Group.

30 Samson Circle, Columbia $16,500

Great property for first time homeowners or investors! This 2BDR, 1BA property has great potential for someone with attention to detail. This home also has a nice size li...

2 Beds
1.0 Baths

Courtesy of S&M Realty Of South Carolina

Listing courtesy of S&M Realty Of South Carolina.

6249 Edmund Highway, Lexington $54,000

Great location off of Edmund Highway! Lots of potential. Could possibly work as a business location.

3 Beds
1.0 Baths

Courtesy of Medley Realty Llc

Listing courtesy of Medley Realty Llc.

214 Camp Agape Road, Blythewood $91,120

4 Bedroom 2 Bathroom Ranch Style home on 1.57 acres of land. Priced to Sell

4 Beds
4.0 Baths

Courtesy of Exp Realty Columbia

Listing courtesy of Exp Realty Columbia.

3017 Glendale Road, West Columbia $159,900

This diamond has been shined! New roof, new carpet, new lighting fixtures, new hvac, new counters, fresh paint both interior and exterior, new vinyl. Come take a look at...

3 Beds
2.0 Baths

Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

8420 Garners Ferry Road, Hopkins $345,000

One of a kind business opportunity/investment. Zoned GENERAL COMMERCIAL in growing southeast area of Columbia near Fort Jackson, downtown Columbia, and many residential n...

Courtesy of Yip Premier Real Estate Llc

Listing courtesy of Yip Premier Real Estate Llc.

225 Orchard Hill Drive, West Columbia image

225 Orchard Hill Drive, West Columbia $94,000

This home features 4 bedrooms, 2 1/2 bathrooms, spacious den, and bonus room downstairs perfect for a playroom or mancave. Property is owned by the US Dept. of HUD, Case ...

4 Beds
3.0 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

122 Chimney Swift Circle, Cameron $49,000

This detitled 2008 mobile home features 4 bedrooms, 2 full bathrooms, spacious den with fireplace, living room, a master suite with its own private master bath, all sitti...

4 Beds
2.0 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

2135 Leesburg Road, Columbia $76,900

Great investment property close to the VA and Garners Ferry corridor. Hardwood floors throughout the living areas and bedrooms.

3 Beds
2.0 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

10 Ralph Court, Blythewood $41,000

3 bedroom, 1 bath home on cul-de-sac. Living room. Eat-in kitchen. Front porch.

3 Beds
1.0 Baths

Courtesy of Re/Max Connected

Listing courtesy of Re/Max Connected.

1509 Busbee Road, Gaston $39,777

Wonderful investment opportunity! Over an acre lot for this 3 bedroom 1 bath home!

3 Beds
2.0 Baths

Courtesy of Nexthome Specialists

Listing courtesy of Nexthome Specialists.

348 Bent Oak Drive Unit #26, Chapin image

348 Bent Oak Drive Unit #26, Chapin $299,900

WOW!!! Super spacious home on a EXTRA Large corner .81 acre lot. Even the Master Bedroom is on the first floor! Just a little cleaning and paint and you are on your way t...

4 Beds
5.0 Baths

Courtesy of Carrington Real Estate Services

Listing courtesy of Carrington Real Estate Services.

127 S Roy Road, Gadsden $64,050 ▼

This home features 5 bedrooms, 3 bathrooms, eat-in kitchen, den, formal living room, formal dining room, back patio, and attached 2-car garage. Property is owned by the U...

5 Beds
3.0 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

807 Winslow Way, Columbia $79,900

Spacious home close to everything! Master has private bath with shower. Kitchen has ample cabinet/counter space. Home has formal living room and a family room with a fire...

3 Beds
3.0 Baths

Courtesy of Century 21 Vanguard

Listing courtesy of Century 21 Vanguard.

3345 Shelia Circle, Dalzell $122,000

Boykin Estates. This brick ranch features a large yard, front porch, 3 bedrooms, 2 bathrooms, eat in kitchen and family room with vaulted ceiling. This is a Fannie Mae H...

3 Beds
2.0 Baths

Courtesy of Nancy Bradley & Associates Llc

Listing courtesy of Nancy Bradley & Associates Llc.

120 Haywain Drive, Chapin $221,500

GO BACK IN TIME WITH THIS MAGNIFICANT Historic Country Home within walking distance to Lake Murray. Not much needed here. Your beautiful home features heart pine floors...

3 Beds
4.0 Baths

Courtesy of Era Wilder Realty

Listing courtesy of Era Wilder Realty.

512 Heron Glen Drive, Columbia $149,997

Adorable 3 bedroom 2 bath home features open floor plan, Living dining combo, eat-in kitchen, large laundry room and all on 1 level. New Carpet, Paint, lighting, stainles...

3 Beds
2.0 Baths

Courtesy of Cmm Realty, Inc.

Listing courtesy of Cmm Realty, Inc..

201 Amberwood Circle, Irmo $185,500

Take a look at this 3 Bedroom 3.5 Bath home with finished basement nested in Belfair Oaks. This home has nice curb appeal as well as a large finished bonus room upstairs....

3 Beds
4.0 Baths

Courtesy of Exit Real Estate Solutions

Listing courtesy of Exit Real Estate Solutions.

1415 Sunnyside Drive, Cayce $45,400

Great opportunity to be in the Cayce area!! This all brick 2 bed room 1 bath home has over 1600 SF and located close to Downtown Columbia, USC, Shopping, Dining, Schools ...

2 Beds
1.0 Baths

Courtesy of Cmm Realty, Inc.

Listing courtesy of Cmm Realty, Inc..

3008 Village Creek Drive, Columbia image

3008 Village Creek Drive, Columbia $43,900

Home sold As Is, where is, inspections are a courtesy only at buyer's expense. One level condo in the heart of St Andrews, close to I-26 and I-20, shopping, and public t...

2 Beds
2.0 Baths

Courtesy of Keller Williams Columbia

Listing courtesy of Keller Williams Columbia.

311 Lee Street, Sumter $44,900

Wilson Park subdivision. This ranch is located in an established neighborhood and features 4 bedrooms, 2 baths, hardwood floors. This is a Fannie Mae Homepath property.

4 Beds
2.0 Baths

Courtesy of Nancy Bradley & Associates Llc

Listing courtesy of Nancy Bradley & Associates Llc.

6516 Crossfield Road, Columbia $109,900

All brick 3 bedroom 2 bath home with formal living and dining rooms. Large great room with fireplace. Eat in kitchen, 2 car garage and large fenced yard. Hardwood floors!...