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Foreclosures and Shortsales

The Housing Vice Charleston Homes in Foreclosure and Shortsale Status

Foreclosures and Short Sales in the Charleston Area

SC Property Pros are fully equipped and ready to help you with finding a foreclosure or short sale in the greater Charleston Area.  Call us and ask about receiving Your FREE list of Short Sales and Foreclosures in the Lowcountry!!  843-296-5006

How Do Foreclosures Work?

In today's real estate market, home buyers who are hunting a good deal in real estate almost always think about pursuing foreclosures first. These buyers have a mental picture of a quaint little house, with the quintessential "white picket fence" that is currently owned by a widow or widower who recently fell on hard times. Unfortunately that scenario is in general quite far from reality. When you purchase a foreclosed home, you're cashing in on a property which someone was no longer able to pay for. Foreclosures are anything but easy- they are difficult both to locate and to execute the transactions in a timely manner. Nevertheless, the potential to turn a foreclosure over for a hefty profit may still be there-you just have to either know what you are doing or work with someone who does.   Let's look a little deeper at a Foreclosure-the reality version:

Why Do Sellers Go Into Foreclosure?

Sellers go into foreclosure when they stop making payments for any number of reasons. News Flash-Very few actually choose to go into foreclosure voluntarily. With that said, it's often an unpredictable result from one or more of the following snowballing affects:

  • Arguments which can't be resolved with co-owner, ie. divorce
  • Some member of household's job is transferred to another state
  • Owner of Property gets Laid-off, fired or just quits their job
  • Accident causing inability to work or medical conditions
  • Mountains of debt and further mounting bill obligations

Some Helpful Foreclosure Tips to Chew On

As I said before, foreclosures are never easy. Here are a few things to keep in mind:

There will inevitably be more paperwork involved than any other type of conventional real estate deal, especially if the government is involved.

If the seller will allow you to have the property inspected, do so as soon as time permits. Some sellers may actually include this as a part of the sales agreement, but in the end, the buyer still pays for it.

Always check to see if there are any existing liens on the property because if there are-Guess What?-you are buying those too.  At times, there will be liens due to unpaid property taxes.  Make sure you get in writing who will be liable for those debts.

Is the foreclosure in a desirable or less than desirable neighborhood? Have us run you some comparables in the area and check whether or not the property purchase is in fact a good deal.

What kind of shape is the property in? Keep in mind that some foreclosures,unlike so called "fixer-uppers"can be found in fairly descent shape. Others however may be behind in maintenance. Remember just because a person finds themselves unable to pay a mortgage, doesn't always mean that they are neglectful.


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showing 1-30 of 220

104  Dahlia Cir Summerville, SC 29483
$54,900 - 104 Dahlia Cir Summerville, Sc 29483 @ Robynwyn
MLS#
BR1228055
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
***UPDATED RIDICULOUS PRICING AND LET'S GET IT OFF THEIR BOOKS! *** BANK OWNED HOME AND SCREAMS OPPORTUNITY! This BRICK (3) bedroom, (1.5) bath home with over 1100 square feet listed at $74,900 is already priced below the average PPS for comparable properties but with that said, THIS SELLER IS STILL VERY MOTIVATED! Sitting in a cul-de-sac, th...

1909  English St North Charleston, SC 29405
$34,900 - 1909 English St North Charleston, Sc 29405 @ Chicora Place
MLS#
BR1300705
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
BANK OWNED! GREAT INVESTMENT OPPORTUNITY. This is a nice 3 bedroom, 1 bath house. Has wheelchair access. Minutes to everywhere! *****ATTENTION INVESTORS!!*** There are 19 total properties for sale that can be sold individually or as a package deal. Call or email for a list.

201  Briarwood St Walterboro, SC 29488
$32,500 - 201 Briarwood St Walterboro, Sc 29488 @ Sherwood Forest
MLS#
BR1300953
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / N/A
This home is a fixer-upper and is priced to sell. It features 2 bedrooms, 1 bath, Living Room, Kitchen and Separate Dining Room. Both bedroom, living room, dining room have hardwood floors. The front porch and garage has been enclosed for more square footage, central heat and air. If sq. ft. is important please measure.

217  David Dr Ladson, SC 29456
$67,900 - 217 David Dr Ladson, Sc 29456 @ Fairlawn
MLS#
BR1226382
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
Bank owned home on corner lot in decent condition...DORCHESTER II SCHOOL DISTRICT!! One car garage, fenced in yard, close to Boeing, Air Force Base, I-26, Trident Hospital, Charleston Southern University, and more!!

1913  English St North Charleston, SC 29405
$34,900 - 1913 English St North Charleston, Sc 29405 @ Chicora Place
MLS#
BR1300701
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
BANK OWNED! GREAT INVESTMENT OPPORTUNITY PRESENTLY RENTED FOR $650 PER MONTH. This 1050 sf home has 3 bedroom, 1 bath. It's close to I-26 and minutes from downtown. This home has a huge backyard that is fenced-in. *****ATTENTION INVESTORS!!*** There are 19 total properties for sale that can be sold individually or as a package deal. Call or e...

3251  Pinewood Dr Ladson, SC 29456
$79,900 - 3251 Pinewood Dr Ladson, Sc 29456 @ Ridgewood
MLS#
BR1307382
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
this 3 bed 1 bath home is being sold as is where is with no repairs. centrally located near i26. this home needs some tlc but has great possibilities

7877  Nummie Ct North Charleston, SC 29418
$65,000 - 7877 Nummie Ct North Charleston, Sc 29418 @ Fireside
MLS#
BR1225561
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / 1 Half
This charming townhome in a quiet neighborhood will be perfect for you and your family! This spacious home is a great opportunity for an investment property. Unit has a large open living room with a cozy fireplace and wetbar. The spacious kitchen has tons of cabinet and counter space. The convenient laundry room is located off of the kitchen....

2604  Ferrara Charleston, SC 29405
$42,500 - 2604 Ferrara Charleston, Sc 29405 @ Dorchester Terrace
MLS#
BR1302851
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
The home is 3 bedroom,1 bath. Has Hardwood floors but needs refinishing. House needs a little TLC but has potential.The house has central electric heat & air. Possible Short Sale. If square footage is important - MEASURE

2315  Falcon Rd North Charleston, SC 29406
$28,000 - 2315 Falcon Rd North Charleston, Sc 29406 @ Wildwood
MLS#
BR1313710
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
BANK OWNED. GOOD FIXER UPPER WITH EXCELLENT RENTAL POTENTIAL

464  Carolina Circle Walterboro, SC 20488
$45,000 - 464 Carolina Circle Walterboro, Sc 20488 @ Carolina Terrace
MLS#
BR1303993
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
PRICED TO SELL!!!! This home is in a quiet neighborhood located on the outskirts of town. This home has 3 bedrooms, 1 bath, family room with built-in entertainment center, Kitchen and dining combination. There is a deck out back and the backyard is fenced-in. Great property for the money! Call for more details today.

5109  Willis Dr North Charleston, SC 29406
$34,900 - 5109 Willis Dr North Charleston, Sc 29406 @ Russelldale
MLS#
BR1300685
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / N/A
BANK OWNED! Attention investors! GREAT INVESTMENT OPPORTUNITY CURRENTLY RENTED. 839 SF, two bedroom, one bath, ranch with wood floors throughout house. Living room, separate dining room, efficient kitchen with laundry area inside. Would be a great first home or great for an investor. Good access, close to I-526 located behind the new Nason Me...

2027  Atlas St North Charleston, SC 29405
$37,500 - 2027 Atlas St North Charleston, Sc 29405 @ Happy Hill
MLS#
BR1300689
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / N/A
BANK OWNED! This 660 SF ft single family home has two bedrooms and one bath with a large fenced-in backyard. *****ATTENTION INVESTORS!!*** There are 19 total properties for sale that can be sold individually or as a package deal. Call or email for a list.

6  Middlesex Ave Goose Creek, SC 29445
$107,500 - 6 Middlesex Ave Goose Creek, Sc 29445 @ Sedgefield
MLS#
BR1314464
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
Bank Owned. Nice Brick Ranch in Goose Creek. This is a 3 bedroom 1.5 bath home in Sedgefield section of Goose Creek. Nice wood flooring and ceramic tile throughout. Bathroom has a modern ceramic tile surround. Renovated kitchen with white cabinets, white appliances, neutral ceramic tile, and countertops. Refrigerator, washer and dryer include...

116  Lisa Dr Summerville, SC 29485
$43,000 - 116 Lisa Dr Summerville, Sc 29485 @ Greenhurst
MLS#
BR1314808
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
Great opportunity for some equity on this brick home located in Greenhurst. This 3 bedroom home offers approximately 1352 square feet, 3 br and 1.5 baths, a large fenced yard, and a large eat in kitchen. Located in Dorchester District 2 school district. This is being sold strictly as-is.

4190  Big Ben Ct North Charleston, SC 29418
$48,000 - 4190 Big Ben Ct North Charleston, Sc 29418 @ Collins Park Villas
MLS#
BR1204142
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
Back on the market!!! Valuation has been completed. Could be the best opportunity in a while! 3 bedroom 1.5 bath townhome located just outside of the airport and Boeing facility. Home was owner-occupied until just over a year ago and the owner took very good care of it. The roof and HVAC were all replaced in recent years. Property has been te...

4736  Gaynor Ave North Charleston, SC 29405
$19,500 - 4736 Gaynor Ave North Charleston, Sc 29405 @ Ferndale
MLS#
1314228
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / N/A
** Older Home in Convenient Area w/ Lots of Potential ** Selling As-Is at This Price ** Some Updates over the Years ** Backs up to School ** Fenced Yard **

303  Andrea Ct Hanahan, SC 29410
$37,000 - 303 Andrea Ct Hanahan, Sc 29410 @ Otranto Station
MLS#
BR1302731
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / 1 Half
Two-story condo in very convenient location. With a little work (carpeting, painting, etc.) would be a great place to live or excellent as investment property. Regime fee covers water, sewer, trash pickup, common area landscaping and grounds keeping, pool, outside building maintenance, and building hazard insurance. Located close to Northwood...

110  Wall St Moncks Corner, SC 29461
$44,500 - 110 Wall St Moncks Corner, Sc 29461 @ Eastside
MLS#
BR1228380
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
This property is now under auction terms. . There is not a set minimum starting bid. This auction property is subject to a buyer's premium fee of 5%. It may be subject to a reserve price. this brick 3 bed 1.5 bath needs a new owner. this home would make a great first home or an investment that needs TLC. this home is is a foreclosure and is b...

5207  Maybank Hwy Wadmalaw Island, SC 29487
$60,000 - 5207 Maybank Hwy Wadmalaw Island, Sc 29487 @ Wadmalaw Island
MLS#
BR1108153
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
Lowest priced house on Wadmalaw Island! Handy man special in need of TLC. Great fenced in yard perfect for pets or large garden. Quiet area and great location.

7049  Midland Dr North Charleston, SC 29406
$99,900 - 7049 Midland Dr North Charleston, Sc 29406 @ Midland Park
MLS#
BR1304087
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
This cute 3-bedroom, 1.5 bath home with fireplace certainly has curb appeal. Sits on .28 acres. With over 1300 square feet of living space, this home has lots of potential. The home does need a little female attention and a bit of handy man work - just minor repairs. Mostly cosmetics. The home is accentuated with hardwood floors, upgraded lig...

532  Amy Dr Goose Creek, SC 29445
$67,500 - 532 Amy Dr Goose Creek, Sc 29445 @ Boulder Bluff
MLS#
BR1314454
Class:
Residential
Status:
Active
Beds:
4
Baths:
1 Full / N/A
Bank owned! Adorable Brick Ranch. 4 bedroom, 1 bath ranch-style home located in Goose Creek. Large open living room with ceiling fan. Eat-in kitchen with white cabinets. Master bedroom has a bay window,ceiling fan, and carpet. Wood flooring throughout. Deck off the kitchen. Fenced-in backyard. Currently rented at $850 per month. This home wou...

2362  Parsonage Rd Charleston, SC 29414
$129,000 - 2362 Parsonage Rd Charleston, Sc 29414 @ Parsonage Point
MLS#
BR1305872
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / 1 Half
End unit "townhouse style" 2-story condominium. Live in this marsh and Ashley River fronting community with a deep water boat ramp, just a few minutes from schools, shopping- CVS, BiLo, Publix, Super WalMart,Citadel Mall, Great Restaurants - Gennaro's Little Italy, Back Home Restaurant, Early Bird Diner,Ladles, South of Philly, Al di La, Red ...

2447  Woodstock Ave North Charleston, SC 29406
$50,000 - 2447 Woodstock Ave North Charleston, Sc 29406 @ Northwoods Villas
MLS#
BR1303682
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / 1 Half
LOCATION, LOCATION, LOCATION This is a great opportunity for a home buyer or investor. Check out the competition and see why this home offers such great value. As you enter the front foyer this opens into the family room with wet bar and feature fireplace. This leads into the generously appointed dining room overlooking the spacious kitchen. ...

1339  Stone Post Rd Charleston, SC 29412
$118,773 - 1339 Stone Post Rd Charleston, Sc 29412 @ Clarks Sound
MLS#
BR1224598
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
This home is a three bedroom, one bath home on a large lot on James Island. There is work that needs to be done but the bones are great with the hardwood floors, brick structure and large lot. This will make for a great first home or an investment property.

158  Dawsey Dr Bonneau, SC 29431
$94,900 - 158 Dawsey Dr Bonneau, Sc 29431 @ Bonneau Village
MLS#
BR1312257
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / 1 Half
BRICK HOME IN BONNEAU BEACH! On a double lot-close to boat landing, park, community center. there is a LARGE screened room which also walks thru to back screened room. Yard fully enclosed w/chainlink on 3 sides and wooden on backside. Dbl gated entrance. this home is being sold as is and needs some tlc. but try to find a brik home on 2 lots u...

52  Stratton Dr North Charleston, SC 29420
$44,900 - 52 Stratton Dr North Charleston, Sc 29420 @ Stratton Capers
MLS#
BR1300657
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
BANK OWNED! GREAT INVESTMENT OPPORTUNITY PRESENTLY RENTED FOR $550 PER MONTH! 1140 SF, 3 bedrooms, 1 bath on a corner lot. Dorchester District II Schools! Hardwood floors throughout. Kitchen and bath with ceramic tile floors. New wooden fence. *****ATTENTION INVESTORS!!*** There are 19 total properties for sale that can be sold individually o...

2740  Constitution Ave North Charleston, SC 249405
$48,800 - 2740 Constitution Ave North Charleston, Sc 249405 @ Waylyn
MLS#
BR1010379
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
Lender owned property with current rent of $650/mo. with stable tenant. That is a 16% gross return at this list price! Hardwood floors throughout and under carpet in bedrooms. Central HVAC, storm windows and nicely insulated attic makes this a cozy home. Come check it out. Monthly rental income $650.00

116  Farm Rd Goose Creek, SC 29445
$40,000 - 116 Farm Rd Goose Creek, Sc 29445 @ Pineview Acres
MLS#
BR1302844
Class:
Residential
Status:
Active
Beds:
2
Baths:
1 Full / N/A
Great little house for investment or as a starter home. Year built is estimated. Buyer to verify.

957  Raysor St St George, SC 29477
$32,500 - 957 Raysor St St George, Sc 29477 @ None
MLS#
BR1312040
Class:
Residential
Status:
Active
Beds:
3
Baths:
1 Full / N/A
Make an offer! REO PROPERTY - BANK OWNED. PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. The Listing Broker and Seller assume no responsibility and make no guarantees, warranties or representations as to the availability or accuracy of the property information, photographs, or other information depicted or described herein.

574  Orangeburg Rd Summerville, SC 29483
$67,500 - 574 Orangeburg Rd Summerville, Sc 29483 @ Flowertown
MLS#
BR1314470
Class:
Residential
Status:
Active
Beds:
4
Baths:
1 Full / N/A
Great Opportunity! Bank Owned. Adorable 4BDRM 1 Bath brick ranch in Flowertown Village. Large kitchen with ceramic tile flooring. Updated oak kitchen cabinets. Laminate wood flooring throughout. Large fenced in backyard with patio. Beautiful mature trees. Side-walks. Convenient location. Dorchester District II Schools. Great starter or invest...

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Remax Advanced Realty are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2013 Charleston Trident Multiple Listing Service, Inc. All rights reserved.

showing 1-30 of 220

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