New Beaufort County South Carolina Foreclosures for September 2009
As the foreclosures around the nation have hit a record high during the third qtr of 2009 Beaufort County is no exception. The chart below indicates the new foreclosures for the month of September 2009 within Beaufort County. As you can see, the bulk of the counties REO properties exist in the southern portion of the county with Hilton Head topping the chart and Bluffton following closely behind.
Chart provided by RealtyTrac
We are entering another stage of the foreclosure market where the prime mortgages are beginning to show that they are not bullet proof to the market. As property values decrease and the economy sits stagnant more and more home owners are beginning to see they owe more than what their home is worth. This also means they are running out of options and are often left without knowing what those options are. The prime mortgage defaults are not expected to peak for several more months.
For more information regarding available foreclosure homes please feel free to call David Thompson of Team REO Masters today. If you are real estate investor and would like to build or expand your investment property portfolio you deserve a knowledgable and professional team working with you.
Beaufort, SC Foreclosure Real Estate for Sale
David Thompson, Foreclosure Specialist and his REO Masters Team offers expertise in identifying, evaluating and assisting clients in purchasing and liquidating foreclosure and short sale properties in the Beaufort and Bluffton, SC area. (843) 812-5214 http://www.beaufortcountyhomesforsale.com/Buying-Foreclosed-Properties-Beaufort-County