Prospecting for gold in Greenville Foreclosure Homes

A gem of an idea; to strike it rich in Greenville Foreclosure Homes! They say there are precious and semi precious stones as well as gold, to be found in the foothills of the Appalachians, in the Piedmont region, near to the sixth largest city in South Carolina. What better incentive does a home buyer need to look for that well priced home in Greenville among the affordable family homes appearing in the foreclosure listings this year? If more is really needed in the way of encouragement to look in Greenville, well, there are many more drawcards to this hub in the Upstate.

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Centrally located with Atlanta, Charlotte and Columbia all within 120 miles, Greenville has attracted foreign company headquarters of Michelin and BMW and other nationals; Hubbell Lighting Inc, a large aircraft maintenance facility of Lockheed Martin, 3M, Honeywell and others. So there are good white collar job opportunities and a few blue collar ones as well. A moderate climate, a great range of top class recreational and sporting facilities, excellent healthcare facilities, a vibrant arts community, well known and well stocked fine arts museums, an excellent range of public and private schools. Cost of living indices about 10% below the national average. In recent years the city has won accolades as one of the best smaller cities in which to live.

There are not so many foreclosed homes in Greenville city from which to choose, comparatively Greenville has only a small share of South Carolina foreclosure homes. This year there are sure to be a few more where any informed buyer will see another chance to build some equity faster than just paying down the mortgage. If you have bought one of these foreclosed properties before, then chances are you have built up a nice little nest egg from both the initial buy (having gotten a good discount), and from the resale Those with the financial capacity to buy and hold until a small price appreciation is guaranteed are sure to improve their profit by making a couple of prudent but inexpensive upgrades such as to modernise the kitchen and laundry areas.

Even such simple and low cost renovation as repainting interior walls in light colors, replacing lighting throughout and wall switches, will cost very little and the result will be amazing. Getting rid of the clutter inside or out before putting the home back on the market, clearing the yard and simple landscaping so that outside looks just like every other well kept suburban home, and not at all like the rest of the foreclosure houses in the area are other tips to resell at top market price. Now is the time to go prospecting for gold (or gems) in Greenville Foreclosure Homes.

Latest Reenville Foreclosures News


  • Growing tide of mortgage fraud cases in South Carolina swamps ... - 2010-03-07
    COLUMBIA -- FBI supervisory special agent Jeffrey Bruning remembers driving up the coast of South Carolina two or three years ago and gaping at all the newly constructed buildings. "I said, 'Good Lord, who can afford all this stuff? Who are all ...

  • Jan. foreclosures near record high - 2010-03-05
    In terms of home foreclosures, Scrooge took a holiday in December, but in January, he came back strong. The state saw 352 foreclosure deeds in January, a record for that month and the second most ever, just seven behind the 359 of last October ...

  • Homelessness Rising In Greenville County Schools - 2010-03-09
    ... live with other people because they have no where else to go," said Kathy Barbee, Greenville County Coordinator of School Social Work Services. The increase is attributed to a rise in unemployment and home foreclosure. Homeless children are ...