Greater Greenville SC Property Search

Greenville SC Foreclosures

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

Unfortunately, most of these foreclosures do not sell at the auction because of loan balances that are much higher than 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 an area Realtor.

Foreclosed Homes in Greater Greenville

Foreclosed Homes in Greenville SC

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

The 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 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.

Greenville SC Foreclosures

Buying a Bank Owned Home in the Upstate

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

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

Latest Greater Greenville SC Foreclosed Listings

$449,000
4 Beds 5 Baths 315553 MLS
Bid Y’all Auction & Realty is proud to present a Luxurious home in College Park, Gaffney, SC, within walking distance to Limestone College. This spacious 4BR/4.5BA residence blends classic design with modern amenities, offering 3,665 sq. ft. of above-grade living space and an additional 733 sq. ft. in the basement, totaling nearly 4,400 sq. ft. Perfect for families or those seeking a luxurious lifestyle. This property is being offered in an ONLINE AUCTION on October 19, 2024, at 11:00 AM. Don't miss your opportunity to own this exquisite home. Key Features: • Bedrooms: 4, including TWO primary suites, one on the ground floor with a fireplace. • Bathrooms: 4 full baths and 1 half bath. The main level suite features dual vanities, a jetted soaking tub, walk/roll-in shower, and bidet. • Living Spaces: -Living Room: 13'11" x 21'11" (305 sq. ft.) -Dining Room: 13'11" x 21'11" (304 sq. ft.) -Family Room: 11'8" x 25'8" (299 sq. ft.) -Rec Room (Basement): 26'9" x 20'11" (531 sq. ft.) • Kitchen: Spacious, 13'11" x 16'2" (226 sq. ft.) with breakfast area and high-end appliances. • Basement: Includes a rec room, storage/shop, luxury bathroom, and fireplace. Finished area: 733 sq. ft. • Garage: Attached 2-car garage (583 sq. ft.). Interior Highlights: • Classic Features: Hardwood floors, crown molding, and traditional paneling add timeless charm. • Elegant Staircase: A grand staircase in the foyer adds sophistication. • Natural Light: Large windows and skylights throughout. • Fireplaces: Four fireplaces provide warmth and ambiance. Exterior and Lot Features: • Lot Size: Over .85 acres with mature trees offering privacy. • Exterior: Traditional facade, modern accessibility ramp, and large rear deck. • Outdoor Living: Patio area perfect for entertaining. • Koi Pond: Formerly an inground pool, now a koi pond with a stone water feature, filtration system, and mature fish (convertible back to a pool). Primary Suite Bathroom Details: • Luxury Bathroom: Soaking tub, dual vanities, marble countertops, large mirrors, natural light, bidet, and balcony access. Master Suite: • Luxurious Retreat: Spacious, with a fireplace, large walk-in closet, and stylish decor. Utility and Laundry Room: • Convenient Laundry: Modern appliances, built-in storage, hidden behind folding doors. Additional Bedrooms: • Charming Spaces: Unique decor in each room, from bold orange tones to classic floral designs. Recreation and Entertainment Room: • Entertainment Haven: Basement rec room with wood-paneled walls, fireplace, billiards table, and direct access to a covered patio with an outdoor kitchen space. Additional Features: • Extra Storage: Multiple storage rooms throughout, including near the basement rec area. Location: In College Park, Gaffney, SC, close to amenities, shopping, and dining. A perfect retreat with convenient access to everything you need. **Showings are complicated as seller has a medical condition and will need to schedule showings in advance. Showings may be delayed.** ***AUCTION*** This is a RESERVE AUCTION. Property will sell on or before October 19, 2024 at 11:00 AM via ONLINE bidding. ***Buyer's Premium of 10% Added to Final Bid Price*** EXAMPLE: Bid Price of $100,000 plus 10% Buyer Premium of $10,000 equals a total contract price of $110,000. PRE-AUCTION PURCHASE AGREEMENTS ARE WELCOMED and will be presented to the sellers. This property is subject to prior sale and may be withdrawn, modified or auction cancelled at any time. ***All closing costs are to be paid by buyer. No contingencies of any type. Property to sell AS-IS, WHERE-IS without warranty of any kind. This is a Reserve Auction. Winning Bidder/Offeror will be required to submit a non-refundable deposit of $10,000 price with a 30-day closing date *** **YES, Pre-Auction Purchase Agreements will be considered. No, you do not have to wait for the auction date.** Register Today to participate in this unique online auction and secure your

130 Crestview, Gaffney

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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. © 2024 Greater Greenville Association of REALTORS®. All Rights Reserved. Last Updated