South Carolina Real Estate Foreclosures: Answers to frequently asked questions.
What is a lis pendens?
Latin meaning “suit pending;” a document alerting anyone who checks the property’s title that a lawsuit has been filed.
What is a Master-in-Equity?
“…a judge who has the power to decide certain cases without a jury. A Master-in-Equity typically handles cases involving real estate…” Source: S.C. Judicial Dept.
What is a Deficiency Judgment?
In a foreclosure transaction, the lender may ask for a deficiency judgment against the borrower, aka a personal judgment. It’s the difference between what the property sold for at the foreclosure sale and what is owed.
Every month the trusted experts at Certifax scour the market, analyze and report the best real estate bargains
Most are 10% to 25% below recent sale prices
Are you a member of The Certifax Report?