Foreclosures Homes In Greenville SC
Foreclosures In Greenville SC
Foreclosures in Greenville SC - The process of Greenville SC foreclosures starts when a property owner becomes delinquent on their mortgage. After the owner has missed three or more payments the bank can hire an attorney and start the foreclosure process. First, a lis pendens is filed at the Greenville Court House and the homeowner has to be served with the foreclosure documents so they are aware of the pending action. Once the homeowner has been served, they have a chance to respond to the claim and a hearing is set in front of the Greenville County Master in Equity Judge. After the judge hears the case, the homeowner has a chance to plead their case to the judge and the judge will make a ruling. Usually at this point, the judge sets a foreclosure sale date unless the homeowner can work things out with the lender and can reinstate the loan before the foreclosure sale date.
If the homeowner is unable to reinstate the loan, or unless a forbearance agreement with the lender is reached, or unless a short sale agreement is achieved, the property will be auctioned at the Greenville County Courthouse. The lender usually places a bid equal to the amount owed on the property. In today's market, many homeowners are upside down on their home loans and owe more than their home is worth. In most cases, there is not any equity in the properties being foreclosed on. If the property is not purchased by a third party bidder, the bank will get the property back at which point the judge issues the high bidder a foreclosure deed and the deed is filed at the Greenville County Register of Deeds office.
Greenville Foreclosures SC - Bank Owned Properties & Homes
Foreclosures in Greenville SC - Newest Listings
The beautiful windows may be one of the greatest features in this clean, spacious, move-in ready home. The main level of this home offers a great flow for entertainment o...
Fantastic find tucked up in the cul-de-sac in the popular Sycamore Ridge Subdivision. 6 Sarazen Way offers plenty of rooms for a family to spread out. On the main floor b...
OPEN HOUSE SUNDAY 11/12/23 2-4PM. TOWNES AT GARRISON GROVE - 3BR/2.5BA energy-efficient townhome built in 2022 featuring an inviting front entry, 1 CAR GARAGE, spacious ...
Great large house with ample space to spread out. Upper level has a living room and dining room and the lower level has a huge great room, 25 x 24 plus an additional bedr...
Equal Housing Opportunity. Location Location spacious 3 bedroom 2.5 bath home in Neely Farms , lots of natural light , open floor plan , large deck great for entetaining ...
New Price! Pool is ready for swimmers! Deep cleaning underway to prepare for new owner's. Great convenient subdivision right in Simpsonville. Large home with extra space ...
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. © 2023 Greater Greenville Association of REALTORS®. All Rights Reserved. Last Updated
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