Foreclosures for sale in Charleston
While the Charleston area hasn't experienced the high level of foreclosure activity as many other housing markets around the country, there are certainly a number of foreclosed homes available for purchase by potential homeowners or real estate investors. After all, everyone wants a good deal and to many people, a foreclosure represents just that.
So how do you find out which homes may be bank or lender owned distressed properties that you can buy for less than market value in many cases as long as you're willing to accept a trade off for the less than pristine condition typically associated with foreclosed properties.
Two new pages just added to my website are devoted to distressed properties for sale. Based on the description written in the Charleston MLS by the listing agent, it is very likely to determine that a home may be a foreclosure. So I've added RSS feeds of these potential foreclosures and you can view likely distressed properties available for sale for more than $200,000 or less than $200,000.
You can also use the Charleston MLS map search and specify your criteria including foreclosures as well as pre-foreclosures otherwise known as short sales. (Although why you'd want to search for short sales is beyond me since they never take a short time and rarely result in a sale.)
Because the compilation of these homes for sale is done by computer analysis, there may be a few homes that are in fact not bank owned properties and certainly, there are other foreclosed homes for sale in the Charleston MLS that the computer did not pick up on.
But, it's a start and I hope it helps you. And if you would like my help with the purchase of any home you may come across, whether you are looking for a foreclosure (and there is a lot to watch out for when buying a foreclosure since the contract may be complex) or just a nice home for sale in Charleston, just give me a call or send me an email and I'll be glad to help.