Greenville SC Foreclosures

If you are interested in purchasing one of Greenville SC forelosures, you could go to the courthouse auction and try to purchase one of these Greenville SC foreclosed homes for sale before they are listed on the market with a Greenville sc Realtor.

Unfortunately, most of these Greenville SC foreclosure homes do not sell at the auction because of loan balances that are much higher than the price the amount the bank is willing to accept on the property. When these homes do not sell at the auction, they become an REO (Real Estate Owned) by the lender. This is when the bank would evict the homeowners if they have not already moved out, and then list the property with a foreclosure in Realtor Greenville SC.

Foreclosed Homes in Greenville SC

Some of these Greenville SC bank owned homes are in good condition, and may only need new carpet, appliances or paint. Sometimes the lenders would make these updates and then try to sell it at market value or as close to it as possible. These Greenville SC bank-owned homes are mostly sold as-is, and they are usually in need of repairs and/or updates.

Greenville SC foreclosed properties that are in good condition and are priced right usually sell quickly, and some of them actually receive multiple offers. The ones that don’t sell fast just sit vacant. Since the bank has no hope of getting any mortgage payments, the longer it sits, the more motivated the bank gets.

Some homebuyers are also purchasing Greenville SC short sales before they are foreclosed on. Although short sales may take some time to finalize, it does allow the buyer to potentially purchase the home for less than the loan balance. Plus, the homeowner gets to avoid foreclosure.

Buying a Foreclosed Greenville SC Home

If you are interested in buying one of Greater Greenville SC Foreclosed Homes for Sale, we have the complete local Greenville SC real estate listing database feed online, which includes foreclosed homes for sale, so you can quickly find the information you need!

Our team of Greater Greenville SC real estate expert advisors can help make your Greenville SC foreclosure real estate investment a smooth, enjoyable and profitable experience. Contact us now at 864-438-5050 to discuss your needs.

Hot New Greenville SC Foreclosed Homes for Sale

$575,000

1507 Panther Park Trail, Travelers Rest

3BR/4.5BA stone ranch on 12.52 acre, cul-de-sac lot. Home features full finished basement with 2 bedrooms, den, office & media room. Master bedroom is on main level. Two ...

Beds 3
Baths 4.5

$150,000

515 Forest Shoals Lane, Duncan

This is not your ordinary short sale home has been maintained including the yard. Beautiful 4BR/2.5BA w/office & sitting room off MBR. Sodded yard, nice deck, screened-in...

Beds 4
Baths 2.5

$125,000

409 Woodfield Drive, Piedmont

Hud Case #461-450169 Must see Traditional style home 3 bedroom/2bath, den with fireplace, above ground pool, and large rear deck. 2 attached garage as well as a 2 detache...

Beds 4
Baths 3.0

$110,000

2928 Bramlett Church Road, Gray Court

Country living at its finest! Three bedroom two bath ranch home located on 3.83 acres. Home offers laminate floors, den with fireplace, kitchen with breakfast area, forma...

Beds 3
Baths 2.0

$87,500

207 Montauk Drive, Greenville

Wonderful opportunity to purchase a home in popular Maple Grove at well below typical prices in the neighborhood. This 3Br/2Ba is nine years old and features an open flo...

Beds 3
Baths 2.0

$85,000

104 Glenlea Lane, Greenville

Lovely 3 Bedroom, 2 Bath home is in a great location near Furman University, Downtown Greenville, Cherrydale area and Paris Mt State Park. From the large rocking chair co...

Beds 3
Baths 2.0

$116,500

213 MANITOU WAY, Fountain Inn

Hud Case 461-404027 Garrett Springs Subdivision-4bed/2bath ranch style home with attached garage. Privacy fenced back yard with patio. Open floor plan with valeted ceil...

Beds 4
Baths 2.0

$114,995

524 Kingsman Lane, Easley

Must see this ranch style house with fenced back yard. Master bath has double sinks and garden tub. Breakfast area off of kitchen and much more. This property is sold as...

Beds 3
Baths 2.0

$93,000

206 Libby Lane, Mauldin

3br 2ba brick ranch on large level lot with deck and fenced backyard. Some updating has been done but still needs a little more TLC to let it shine. This is a Fannie Ma...

Beds 3
Baths 2.0

$45,000

435 Churchill Circle, Greenville

Lots of home for the money! Walkout basement includes 1 bedroom, huge rec room with fireplace, bedroom, full bath and huge area for storage. 2 outbuildings includes a wo...

Beds 4
Baths 2.0

The Listings data contained on this website comes from various participants of The Multiple Listing Service of Greenville, SC, Inc. Internet Data Exchange. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed. © 2013 Greater Greenville Association of REALTORS®. All Rights Reserved. Last Updated May 24, 2013