Columbia, SC Foreclosures
One thing is for sure when it comes to Columbia, SC foreclosures, the feeding frenzy is on. The fact of the matter is that foreclosed homes for sale in Columbia, SC have managed to garner a lot of attention from buyers who are in the market to get a good deal. Frankly most of them that I have seen and shown are not exactly what I would call move in ready, but the they get attention from buyers none the less.
The obvious reasoning behind this is the exhausted media discussion over the amount of foreclosed homes nationwide. Well, we have a slightly different situation here in Columbia. Foreclosed homes do not drive our market, new construction homes from builders and new home communities do. I consider us lucky in this respect and there are a lot of great deals to be had on brand new homes, plus builders are rolling out some great incentives to spark the interest of buyers.
But if you are a buyer in search of Columbia, SC foreclosures, you can find them. If you happen to see one that is in good condition, you may want to make a move on it, but your competition is definitely there. Most foreclosed homes for sale in Columbia see immediate attention due to buyer interest in them as well as their tendency to be priced below market value. If the home is in good condition however, it can quickly and easily receive several offers in a relatively short period of time.
With that being said, you need to be sure you are aware of what market value is on a home, because if you are looking for a deal, the last thing you want to do is over pay. However, some buyers simply fall in love with a particular home and are more than willing to do just that. You just need to be sure that you are well informed and prepared to deal with the hurdles that inevitably accompany the purchase of a foreclosed home. And be sure you expect the competition, because it will be there.
JL Boney, III - Columbia, SC Realtor - Coldwell Banker Residential Real Estate
I specialize in Columbia, SC real estate and the surrounding areas, including Blythewood, SC, Kershaw County, Fairfield County, and Lexington, SC. If you are in the market to buy or sell a home in Columbia, SC or any of the surrounding areas, I would love the opportunity to speak with to see how I can help. Thanks for reading and feel free to contact me if I can be of service to you.
Office- 803-788-1450 Cell- 803-730-9601 Email- James_Boney@Yahoo.com