Wellford FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Wellford, South Carolina.

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BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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2 Photos
KNIGHTON DR Wellford SC 29385 Foreclosures 3 1.5 $48,500.00 Details
About our Listings

How to Buy Wellford Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Wellford, SC starts with finding listings. By browsing Wellford foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Wellford, SC.

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How to Invest in Wellford Foreclosures

How to invest foreclosure

Wellford foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Wellford real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Wellford foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Wellford foreclosure short sales, wait for the right property at the right price.

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Types of Foreclosures in Wellford

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Wellford will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Wellford, SC. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Wellford apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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South Carolina Foreclosure Laws

Foreclosure law

In the state of South Carolina, real estate foreclosures are judicial foreclosures, meaning that distressed properties in South Carolina are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become South Carolina REO properties.

Wellford Banks Foreclosures

Bank Foreclosure

Wellford bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Wellford, SC are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Wellford bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Wellford South Carolina to be similar to buying from an agent. Check our Wellford bank foreclosure listings and find discount properties.

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Wellford Government Foreclosures

Government Foreclosure

Wellford Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Wellford SC are another popular type of foreclosure, as are VA foreclosures in Wellford, which are available from the Veterans Affairs Department for especially great deals. Check our Wellford government foreclosure listings.

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Wellford Pre-Foreclosures

Foreclosure

PreForeclosures in Wellford are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Wellford Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

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Wellford Foreclosure Auctions

Foreclosure Auction

Most Wellford foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Wellford, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Wellford, SC. We offer a comprehensive Wellford foreclosure auction listings.

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Top Zip Codes in Wellford, South Carolina

Find Home Foreclosure Listings in Wellford, SC

Wellford foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Wellford, SC and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Wellford South Carolina, best affordable foreclosure condo in Wellford, cheap apartments for sale, bargain foreclosed homes for sale in Wellford, SC and earn huge savings on the homes YOU want to buy!

Our Wellford Foreclosure Lists

You can find Wellford foreclosure homes for sale which you can buy for living or investment. Simply click through our Wellford foreclosure home listings to find government foreclosures and bank owned homes in Wellford area. If you're searching for a deep discount or low prices on real estate then searching our Wellford foreclosure lists for homes foreclosure for sale or short sale listing in Wellford is your answer. Our up-to-date Wellford short sale listings provide the latest investing opportunities on affordable Wellford bank owned property listings, government pre foreclosure lists, Wellford banrkuptcy homes and Wellford HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Wellford, you should have little trouble finding the cheapest deal on a foreclosed home in Wellford, South Carolina.

You can also search Roebuck foreclosure listings and Woodruff foreclosure listings for more properties in the neighboring area.



Wellford, SC

As of 2011, Wellford's population is 2,094 people. Since 2000, it has had a population growth of 3. 05 percent. The median home cost in Wellford is $86,400. Home appreciation the last year has been -5. 20 percent. Compared to the rest of the country, Wellford's cost of living is 13. 60% Lower than the U. S. average. Wellford public schools spend $4,754 per student. The average school expenditure in the U. S. is $5,678. There are about 10. 6 students per teacher in Wellford. The unemployment rate in Wellford is 9. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Wellford jobs have Decreased by 0. 70 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peoplewellford, scUS
Population2,094307,829,557
Pop Density1,00587
Pop Change3.05%9.34%
Median Age39.236.6
Households853116,329,167
Household Size2.412.58
Male Population46.36%49.31%
Female Population53.64%50.69%
Married Population41.72%47.15%
Single Population58.28%52.85%
Estimated Households By Household Incomewellford, scUS
Income Less Than 15k15.98%12.10%
Income Between 15k And 25k15.86%10.18%
Income Between 25k And 35k15.98%10.56%
Income Between 35k And 50k21.03%14.98%
Income Between 50k And 75k18.45%19.53%
Income Between 75k And 100k7.05%12.52%
Income Between 100k And 150k2.94%12.14%
Income Between 150k And 250k0.71%3.91%
Income Between 250k And 500k1.65%3.34%
Income Greater Than 500k0.35%0.75%
Economywellford, scUS
Unemployment Rate9.50%9.10%
Recent Job Growth-0.70%-0.12%
Future Job Growth29.10%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.00%6.25%
Income Per Cap$19,469$27,067
Household Income$36,471$52,954
Housingwellford, scUS
Median Home Age39.835.1
Median Home Cost$86,400$175,100
Home Appreciation-5.20%-3.15%
Homes Owned57.23%59.90%
Housing Vacant11.45%10.37%
Homes Rented31.32%29.73%
Property Tax Rate$6.32$11.20
Owner Occupied Housing Units By Valuewellford, scUS
Less Than 20k2.00%2.65%
20k To 399998.00%3.76%
40k To 5999914.91%4.99%
60k To 7999922.36%6.01%
80k To 9999921.64%7.27%
100k To 14999924.36%19.24%
150k To 1999994.91%14.67%
200k To 2999990.91%18.09%
300k To 3999990.18%9.14%
400k To 4999990.55%4.94%
500k To 7499990.00%5.42%
750k To 9999990.18%2.03%
1kk Or More0.00%1.77%
Educationwellford, scUS
School Expend$4,754$5,678
Pupil Teacher Ratio10.614.9
Students Per Librarian465803
Students Per Counselor385513
2 Yr College Grad7.30%7.47%
4 Yr College Grad6.14%17.42%
Graduate Degrees3.55%10.12%
High School Grads68.87%84.72%
Crimewellford, scUS
Violent Crime64
Property Crime54
Housing Units By Year Structure Builtwellford, scUS
1999 To 20059.05%13.71%
1995 To 19987.19%8.54%
1990 To 19946.86%5.77%
1980 To 198912.28%13.87%
1970 To 197914.98%16.17%
1960 To 196914.67%11.70%
1950 To 195916.96%11.08%
1940 To 19498.12%6.02%
1939 Or Earlier9.89%13.15%

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