Elgin FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Elgin, SC

Elgin Home Foreclosure Listing ID: 2056595

Foreclosure

Elgin, SC - 29045

3 Bd | 2 Ba | $22,500.00

Elgin Home Foreclosure Listing ID: 1987773

Foreclosure

Elgin, SC - 29045

3 Bd | 2 Ba | $28,350.00

Elgin Home Foreclosure Listing ID: 1920478

Foreclosure

Elgin, SC - 29045

3 Bd | 3 Ba | $44,000.00

Elgin Home Foreclosure Listing ID: 1869895

Foreclosure

Elgin, SC - 29045

3 Bd | 2 Ba | $67,900.00

Elgin Home Foreclosure Listing ID: 1484514

Foreclosure

Elgin, SC - 29045

3 Bd | 2 Ba | $90,900.00

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
TOMAHAWK TRL Elgin SC 29045 Foreclosures 3 3 $44,000.00 Details
2
8 Photos
TALLWOOD ST Elgin SC 29045 Foreclosures 3 2 $67,900.00 Details
3
1 Photo
GARY GOFF RD Elgin SC 29045 Foreclosures 3 2 $28,350.00 Details
4
17 Photos
DEER RUN RD Elgin SC 29045 Foreclosures 3 2 $90,900.00 Details
5
1 Photo
PALM RD Elgin SC 29045 Foreclosures 3 2 $22,500.00 Details
6 -
0 Photo
WILDWOOD LN Elgin SC 29045 Foreclosures 6 2.5 $354,900.00 Details
7
13 Photos
PLANTATION POINTE DR Elgin SC 29045 Foreclosures 3 2 $177,500.00 Details
8
10 Photos
RED HAWK CIR Elgin SC 29045 Foreclosures 3 2 - Details
About our Listings

How to Buy Elgin Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Elgin, SC starts with finding listings. By browsing Elgin 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 Elgin, SC.

>> See more info about how to Buy foreclosures

How to Invest in Elgin Foreclosures

How to invest foreclosure

Elgin 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 Elgin real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Elgin 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 Elgin foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Elgin

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Elgin 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 Elgin, SC. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Elgin apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

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.

Elgin Banks Foreclosures

Bank Foreclosure

Elgin bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Elgin, 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 Elgin bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Elgin South Carolina to be similar to buying from an agent. Check our Elgin bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Elgin Government Foreclosures

Government Foreclosure

Elgin 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 Elgin SC are another popular type of foreclosure, as are VA foreclosures in Elgin, which are available from the Veterans Affairs Department for especially great deals. Check our Elgin government foreclosure listings.

>> See more info about govermment foreclosures

Elgin Pre-Foreclosures

Foreclosure

PreForeclosures in Elgin are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Elgin 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.

>> See more info about pre-foreclosures

Elgin Foreclosure Auctions

Foreclosure Auction

Most Elgin 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 Elgin, 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 Elgin, SC. We offer a comprehensive Elgin foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Elgin, South Carolina

Find Home Foreclosure Listings in Elgin, SC

Elgin 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 Elgin, 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 Elgin South Carolina, best affordable foreclosure condo in Elgin, cheap apartments for sale, bargain foreclosed homes for sale in Elgin, SC and earn huge savings on the homes YOU want to buy!

Our Elgin Foreclosure Lists

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

You can also search Cassatt foreclosure listings and Lugoff foreclosure listings for more properties in the neighboring area.



Elgin, SC

As of 2011, Elgin's population is 1,019 people. Since 2000, it has had a population growth of 26. 58 percent. The median home cost in Elgin is $115,000. Home appreciation the last year has been -1. 77 percent. Compared to the rest of the country, Elgin's cost of living is 8. 90% Lower than the U. S. average. Elgin public schools spend $4,429 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 5 students per teacher in Elgin. The unemployment rate in Elgin is 8. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Elgin jobs have Decreased by 2. 36 percent. Average Commute time is 30 minutes. The National Average is 28 minutes.

Peopleelgin, scUS
Population1,019307,829,557
Pop Density1,02787
Pop Change26.58%9.34%
Median Age36.136.6
Households384116,329,167
Household Size2.662.58
Male Population49.32%49.31%
Female Population50.68%50.69%
Married Population54.57%47.15%
Single Population45.43%52.85%
Estimated Households By Household Incomeelgin, scUS
Income Less Than 15k11.20%12.10%
Income Between 15k And 25k7.81%10.18%
Income Between 25k And 35k8.33%10.56%
Income Between 35k And 50k19.27%14.98%
Income Between 50k And 75k25.00%19.53%
Income Between 75k And 100k16.93%12.52%
Income Between 100k And 150k9.11%12.14%
Income Between 150k And 250k0.52%3.91%
Income Between 250k And 500k1.56%3.34%
Income Greater Than 500k0.26%0.75%
Economyelgin, scUS
Unemployment Rate8.30%9.10%
Recent Job Growth-2.36%-0.12%
Future Job Growth26.98%31.25%
Sales Taxes7.00%6.80%
Income Taxes7.00%6.25%
Income Per Cap$22,644$27,067
Household Income$53,642$52,954
Housingelgin, scUS
Median Home Age18.135.1
Median Home Cost$115,000$175,100
Home Appreciation-1.77%-3.15%
Homes Owned76.11%59.90%
Housing Vacant5.42%10.37%
Homes Rented18.47%29.73%
Property Tax Rate$3.52$11.20
Owner Occupied Housing Units By Valueelgin, scUS
Less Than 20k2.59%2.65%
20k To 399993.56%3.76%
40k To 599996.15%4.99%
60k To 799999.71%6.01%
80k To 9999917.15%7.27%
100k To 14999936.57%19.24%
150k To 19999911.97%14.67%
200k To 2999998.09%18.09%
300k To 3999991.94%9.14%
400k To 4999990.65%4.94%
500k To 7499990.65%5.42%
750k To 9999990.65%2.03%
1kk Or More0.32%1.77%
Educationelgin, scUS
School Expend$4,429$5,678
Pupil Teacher Ratio11.514.9
Students Per Librarian326803
Students Per Counselor386513
2 Yr College Grad12.04%7.47%
4 Yr College Grad12.50%17.42%
Graduate Degrees3.55%10.12%
High School Grads87.97%84.72%
Crimeelgin, scUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtelgin, scUS
1999 To 200528.08%13.71%
1995 To 199817.06%8.54%
1990 To 199412.00%5.77%
1980 To 198923.15%13.87%
1970 To 197910.59%16.17%
1960 To 19694.43%11.70%
1950 To 19593.69%11.08%
1940 To 19490.99%6.02%
1939 Or Earlier0.00%13.15%

Table Information