Foreclosures in the Palmetto State!
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Related News and Articles:
Delinquency and foreclosures up in SC
Percentage of those facing foreclosure in South Carolina has increased from the prior year. This amidst reports that 1 in 10 homeowners are facing foreclosure nationwide.
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Citigroup to offer help to 500,000 risky mortgage customers
Citigroup plans on ceasing all foreclosures in an attempt to help the nationwide foreclosure problem. Those facing foreclosure that will be reviewed for assistance must have the home listed as a primary residence.
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Only Halfway Through the Foreclosure Crisis?
While discouraging for the economy, this may mean there are still plenty of home buying opportunities available for first-time buyers and investors. Foreclosures are making up the majority of homes on the market. And foreclosure sales may be just what it takes to beef-up a lagging housing market.
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The Latest Local Foreclosure News
Foreclosures in South Carolina have actually decreased in the current month with only 2,000 new filings.
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