Are you looking to purchase a Foreclosure?
You can find a complete list of all active foreclosure below. Foreclosures are bank owned properties that are ready to be sold. Typically a foreclosure is priced based on a bank ordered appraisal of the properties value. So when you see a list price of $100,000, for example, on a foreclosed property, typically the bank has done some research to qualify that price and will likely only accept an offer within 95% of the list price.
Foreclosures under $100,000 can be very competitive and often attract multiple offers. First time home buyers and investors are very interested in these opportunities! In the Charleston market the number of foreclosures is drastically down in 2014 than what we've seen in the past several years! Which is making it even tougher to find a real "great" deal on a foreclosure. Don't get me wrong though there is definitely still deals out there!
Another thing to be aware of, when buying a foreclosure, the homes are typically sold "as is". With that being said many can not be financed with an FHA or VA loan. With the exception of FHA 203k which is a renovation loan, giving you escrowed money to have licensed contractors do necessary repairs prior to move in.
Have more questions? Feel free to call or email me today!
843-277-MOVE(6683)
FREE FORECLOSURE LIST!
Charleston - CLICK HERE!
Summerville - CLICK HERE!
Mount Pleasant - CLICK HERE!
Moncks Corner - CLICK HERE!
Goose Creek - CLICK HERE!
Folly Beach - CLICK HERE!
Daniel Island - CLICK HERE!
Hanahan - CLICK HERE!
Isle Of Palms - CLICK HERE!
James Island - CLICK HERE!
Johns Island - CLICK HERE!
Ladson - CLICK HERE!
North Charleston - CLICK HERE!
West Ashley - CLICK HERE!
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