Columbia real estate listings auctions currently feature 610 foreclosure listings and properties at the irresistible median price of a mere $51,361. As a writer of this blog, I can vouch for the fact that so far I haven’t come across a less asking price than this at the ongoing foreclosure auctions in any city in the US. In glaring contrast, the as many as 3,880 other FSBO homes also for sale at the Columbia property auctions carry a median listed price of a high $169,900, i.e. nearly thrice the going rate for the foreclosed homes. This amply illustrates the prime reason for the surge of prospective homebuyers at the foreclosure auctions in Columbia and elsewhere, viz. the tremendously discounted prices at which the seized homes can be picked up.
Ideal for Family / Retired Life
Columbia is the biggest city and the state capital of the US state of South Carolina. Columbia is the county seat of Richland County; though a minor area of the city intrudes into Lexington County. The city owes its name to a poetic allusion to America, which has been derived from the name of its discoverer, Christopher Columbus. Columbia is the nucleus of the Midlands region of South Carolina, which consists of a number of counties in the central region of the state. The region is widely acclaimed for its superior quality of life offerings, including a variety of outdoor parks, cultural facilities and other means of recreation. Being located at the convergence of two chief rivers, Columbia has become a favorite destination in the nation for canoe and kayak enthusiasts.
Columbia was lately counted among the 30 communities chosen as “America’s Most Livable Communities” by Partners for Livable Communities, a Washington-based NPO nonprofit organization}. The city is also growing into an ideal hotspot for retirees. Columbia has been ranked among the 25 best choices for retirement in the US by the Where to Retire magazine. A survey by RetireHomeSmart.com ranks it as the second best US city for leading a retired life in. The diverse regions, cities and towns that comprise the suburbs of Columbia include Fort Jackson, Dutch Fork, Northeast Richland, Lower Richland, Arcadia Lakes, Forest Acres, Ballentine, Eastover, Blythewood, Cayce, White Rock, Boyden Arbor, Windsor Estates, Dentsville, State Park, Gadsden, Spring Hill, Harbison, Pontiac, Hilton, Olympia, Hopkins, Leesburg, Killian and Lake Murray.
Foreclosure Auctions: Go For It
Columbia property auctions witness a key role being played by Chris Cordoni, Sandy Moseley, Steve Joye and Robert Mandel, and several other leading property brokers as well. The real estate agents bring sellers and buyers of homes with complementary needs to the negotiating table and lead to mutually profitable deals actually working out. The Columbia property auctions feature seized homes at unimaginably attractive prices, as detailed in a preceding section. Hence, this is an opportunity you ought not to allow to pass you by. However, it would be advisable that you first select a seasoned agent to help you with making just the right decisions and moves at the foreclosure auctions. You must make adequate efforts to ensure that you reap the maximum bonanza from this real estate investment opportunity.
