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Charleston South Carolina Short-Sale Property List...

The interest in Distressed Property has become more common because of the early 2000's mortgage crisis. Terms like; REO Bank Owned, Foreclosure, Short Sale, (Foreclosure) Auction, that once only real estate agents, bankers, and attorneys knew, are now every day conversation with average homeowners. However, there is still a lot of confusion or simple misuse of these words when discussing the various stages of distressed property. All of these terms refer to the involvement of a bank in the possession or sale of real estate property.

DISTRESSED PROPERTY
The most common definition; "Property that is under a foreclosure order or is advertised for sale by its mortgagee". Generally it is used to refer to a property that is or was financially "under water," meaning the homeowner owes more on the mortgage than the property is worth.

SHORT SALE
Defined as "The sale of real estate that generates proceeds that are less than the amount owed on the property". When a borrower and lender mutually decide and agree that selling a property at a loss is preferable to having the borrower default on the loan and go through foreclosure. Generally these sales take much longer to complete, 60-180 days or more, and many do not ultimately get bank approval. "Pre-Approved" Short Sales have a much better chance of success, as the lender has (pre)approved a Short Sale and also pre-approved the price. This leaves less room for negotiation, but save time and is likely a good value that will go through.

Because our website represents “Real Estate for Sale", and Auction Property is not yet available for sale (until auction) we cannot publish these lists. Also these lists change almost daily. If you would like a current auction list for Charleston, Dorchester, or Berkley counties please Click Here and we will provide you with the information and some free advice. Periodically, we host free local "Buying Auction Property" sessions. If you would like to attend our next "Buying Auction Property" meeting please Contact Us regarding these events.

15 Properties Found

Newest Short Sale Listings

$750,000

1118 Ayers Plantation Way, Mount Pleasant

Located in desirable Dunes West, you will be close to schools, shopping, restaurants, and just a quick drive to Downtown Charleston and the gorgeous IOP and Sullivans Isl...

Beds5
Baths4
MLS18032231
SubDv.Dunes West
StatusActive

$380,000 ▼

710 Rutledge Avenue, Charleston

Prime Location! Dowtown Charleston minutes from MUSC, Roper,The Citadel, Hampton Park, shopping, and the beaches. Home needs some work but has a lot to offer. There is a...

Beds4
Baths2
MLS18028655
StatusActive

$300,000 ▼

5886 Ryans Bluff Road, North Charleston

3 bedroom, 3 bathroom, 1 story home. Spacious eat-in kitchen with breakfast bar, walk-in pantry and wet bar. LARGE formal dining room and family room. Open concept fl...

Beds3
Baths3
MLS18027738
SubDv.Covington Hills
StatusActive

$384,000 ▼

164 Palm Cove Way, Mount Pleasant

This exquisitely upgraded townhome, located in the exclusive Dunes West gated community has MARSH VIEWS from nearly every window making it a private slice of lowcountry p...

Beds2
Baths3
MLS18027640
SubDv.Dunes West
StatusActive

$475,000

1522 Boston Grill Road, Mount Pleasant

Home priced below market value! BRING ALL REASONABLE AND SERIOUS OFFERS! A must see to appreciate. Home loaded with options i.e. walk-in closets, fireplaces, ceiling fa...

Beds6
Baths7
MLS18026798
SubDv.Hamlin Beach
StatusActive

$370,000 ▼

1013 Tyron Circle, Charleston

When you walk in the front door you will immediately notice the 12 foot smooth ceilings throughout the main living areas. This four bedroom three and a half bath one stor...

Beds4
Baths4
MLS18025854
SubDv.Grand Oaks Plantation
StatusActive

$255,000 ▼

1065 Marsh Court Lane, Mount Pleasant

Adorable townhouse home in beautiful Mount Pleasant, just seconds from Shem Creek! Enjoy privacy and peace while still close to shopping, dining and entertainment. As you...

Beds2
Baths3
MLS18025528
SubDv.Marsh Point
StatusActive

$749,000 ▼

7660 Blue House Lane, Edisto Island

The Islands at Blue House - exquisite, ever changing views of wildlife, the creek, marsh,& N. Edisto from your classic lowcountry home nestled in a private, gated communi...

Beds6
Baths3
MLS18025471
SubDv.Blue House Plantation
StatusActive

$265,000 ▼

6208 Fieldstone Circle, Charleston

Easy to show home in popular Village Creek. Large kitchen, separate dining room, screened porch, fenced back yard. First floor just painted. Private back yard has a tree ...

Beds3
Baths3
MLS18025239
SubDv.Village Green
StatusActive

$300,000 ▼

1704 Hopeman Lane, Mount Pleasant

This is a Short Sale, subject to 3rd party approval and being sold ''As Is''. However it is a beautiful, townhome tucked into a serene Lowcountry setting in a sought-afte...

Beds2
Baths3
MLS18022328
SubDv.Charleston National
StatusActive

$300,000 ▼

1818 Hocklely Boulevard, Charleston

Great location for thisl 4 bedroom, 3 full bath home featuring hardwood floors, granite countertops, and is located on a corner lot with a large fenced in backyard. Upon ...