According to RealtyTrac.com, there were 2,690 foreclosures in South Carolina in September. That is a whopping 1 in every 775 housing units. The highest numbers of pre-foreclosure homes were in the 100-200k range. The second highest segment was less than 100k.
Those are bread and butter homes that give multiple exit options – wholesale, short term profit as a flip and long term hold as a rental. Today’s real estate climate has created many opportunities for Real Estate Investors and Realtors.
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