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Susan Allard
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“I am available locally to assist you in purchasing a foreclosure property or another property best suited to your needs. Buying or selling, I am here to act as your local real estate specialist.”
Phone: 843-597-3454
March 2012 Volume 6, Issue 3
6 month South Carolina Foreclosure Trends
NOD
NTS
NFS
LIS
REO
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5 Best Banks to Buy From

By Octavio Nuiry, Staff Writer

More than 600,000 bank-owned properties nationwide give buyers ample inventory to choose from. But not all bank-owned purchases are created equal; some banks sell more quickly and offer bigger discounts. To help buyers sort through this vast bank-owned REO maze, Foreclosure News Report has analyzed RealtyTrac foreclosure sales data from the fourth quarter of 2011, broken down by lender, to provide a list of the best banks to buy a foreclosure from. To come up with this list we started with lenders that sold more than 1,500 REOs during the quarter and then used a combined ranking of the lenders with the highest percentage savings and the shortest times to sell REOs Complete Story

Foreclosure Trends : January, 2012
National South Carolina Beaufort CTY
NODs 24,531 0 0
NTSs 62,260 0 0
NFSs 23,777 728 49
LISs 33,831 1,633 82
REOs 66,542 925 53
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Foreclosure Terms
Notice of Default (NOD)
A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD
Lis Penden (LIS)
Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS
Auction / Notice of Trustee's Sale (NTS)
A filing by notice announcing a public auction. More about NTS
Notice (Judgment) of Foreclosure Sale (NFS)
An order signed by a judge directing to sell the property at public auction. More about NFS
Real Estate Owned (REO)
The final step in foreclosure process in which property ownership returns to lender. More about REOs