If you are looking for some great deals here at the beach, we have a variety of bank owned properties for you to choose from. A foreclosed property which is also known as Real Estate Owned (REO) is a home that was once owned by a homeowner, but has been turned back to the mortgage holder as the result of a foreclosure action or acceptance of a deed-in-lieu of foreclosure.
A foreclosure can occur when mortgage payments have not been paid over a period of time the efforts made to resolve the default are unsuccessful. The bank then tries to sell these properties for what is owed on the home. This creates an opportunity for home buyers to purchase a great home for less. These properties pop up in almost ALL areas along the Grand Strand allowing buyers a chance to get in a home and neighborhood that they may have not been able to afford otherwise.
Feel free to do a foreclosure property search on our website or call one of our agents to email you homes that are available and fit your specific needs.
Dargan Real Estate 843-712-2585