Foreclosure Home Turns Into Nightmare

We've often times warned readers of this blog to steer clear of a foreclosure home, no matter how good of a deal it may seem.

This NBC News investigative report is just one of many reasons why we continue to discourage anyone from buying a Columbia SC foreclosure home…

Buying a Columbia SC foreclosure home can be very risky, as you have just seen. Don't let your dream home turn into a nightmare. Take our advice and stay away from foreclosures.

Buying a short sale property may not be much better. Typically, Columbia SC short sales take longer to sell than normal home sales or a foreclosure home because of the time required for the parties-lender, buyer, seller-to respond. In the past waiting 6-18 months was common, now we find the process taking about 3-4 months if you are aggressively on top of everything.

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