Hilton Head Island Foreclosures
Recently there has been more discussion about short sales and foreclosures. A foreclosure is a forced sale of real estate to pay off a loan on which the owner of the property has defaulted. The lender now has title and can sell the property. A short sale is where a seller may be in the first stages of foreclosure (difficulty making their payments) and they owe more than the house is now worth. In a short sale, the lender or bank has to agree to accept a lower price of what is owed even though they do not have title. In most short sale situations, the owner puts the house on the market hoping the bank will agree to a settlement and forgive the rest of what is owed on the mortgage.
Those interested in short sales need to be aware that it is a lengthy process and there are often additional expenses (i.e. other liens on the property) that are usually wiped out during a foreclosure. A short sale usually takes 2 to 6 months to complete and typically the only short sales that work are the ones where the bank agrees to before the property is listed for sale. While it might seem to make sense for the bank to take an offer that is lower than what is owed, reasons they will not are often they already have an abundance of short sales and they do not have the staff/resources to handle more.
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| Listing 1 of 500
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1 N Calibogue Cay Road
City: Hilton Head Island
Area: Sea Pines
Magnificent deep water home with private dock,smart technology,creston lighting systems, 4 seasons room with retractable screens,gourmet kitchen,game room, home theatre,
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List Price: $3,495,000
MLS: 300282
Bedrooms: 5
Bath: 6 / Half Baths: 1
Sq. Ft. 5930 approx.
Foreclosure: Yes
More Info...
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| Listing 2 of 500
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57 North Calibogue Cay
City: Hilton Head Island
Area: Sea Pines
On 2 lots with 2 docks! Waterfront home on Calibogue Cay. House is not finished. Bank is selling as is,
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List Price: $2,995,000
MLS: 265684
Bedrooms: 5
Bath: 5 / Half Baths: 1
Sq. Ft. 3589 approx.
Foreclosure: Yes
More Info...
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| Listing 3 of 500
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16 Oyster Shell
City: Hilton Head Island
Area: Hilton Head Plantation
Short Sale! Rare Offering! Extraordinary custom home on TWO WATERFRONT HOMESITES with a breathtaking view of the sound! 8,862 sqft
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List Price: $2,600,000
MLS: 265329
Bedrooms: 5
Bath: 6 / Half Baths: 1
Sq. Ft. 9287 approx.
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| Listing 4 of 500
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9 Juniper Lane
City: Hilton Head Island
Area: Forest Beach
Gorgeous 8 Bedroom 7 1/2 bath oceanfront home on South Forest Beach with amazing views from most of the rooms.
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List Price: $2,500,000
MLS: 264128
Bedrooms: 8
Bath: 7 / Half Baths: 1
Sq. Ft. 5226 approx.
More Info...
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| Listing 5 of 500
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41 Headwaters Road
City: Bluffton
Area: Palmetto Bluff
SHORT SALE. ALL OFFERS SUBJECT TO BANK APPROVAL. Don't miss this AMAZING opportunity to own a in the exclusive Headwaters
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List Price: $1,900,000
MLS: 302862
Bedrooms: 1
Bath: 1 / Half Baths:
Sq. Ft. approx.
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| Listing 6 of 500
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14 Singleton Shores Manor
City: Hilton Head Island
Area: Hh/off Plantation
No greater value on HHI...Period! Unobstructed limitless oceanfront views over the folly and still under $2 million. Detailed luxurious craftsmanship!
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List Price: $1,890,000
MLS: 264067
Bedrooms: 6
Bath: 6
Sq. Ft. 4830 approx.
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| Listing 7 of 500
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5 Brigantine
City: Hilton Head Island
Area: Palmetto Dunes/shelter Cove
One of the finest second row ocean homes in Palmetto Dunes! With 6 bedrooms and 6.5 baths, this award winning
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List Price: $1,795,000
MLS: 258945
Bedrooms: 6
Bath: 6 / Half Baths: 1
Sq. Ft. 3990 approx.
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| Listing 8 of 500
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145 Lancaster Blvd.
City: Bluffton
Area: Berkeley Hall
REDUCED $250,000! WHAT A DEAL!! Tuscan villa views deep water from entire home with it's 270 degree view. Hand carved
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List Price: $1,750,000
MLS: 300431
Bedrooms: 8
Bath: 7 / Half Baths: 1
Sq. Ft. 9109 approx.
Foreclosure: Yes
More Info...
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| Listing 9 of 500
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32 Spanish Pointe Drive
City: Hilton Head Island
Area: Spanish Wells
BANK APPROVED SHORT SALE. EASY CLOSE! Fabulous Spanish Pointe on Hilton Head Island. Luxurious French Country estate located in a
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List Price: $1,750,000
MLS: 302319
Bedrooms: 4
Bath: 4 / Half Baths: 1
Sq. Ft. 3703 approx.
More Info...
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| Listing 10 of 500
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3 Heyward Place
City: Hilton Head Island
Area: Port Royal
Hilton Head Island, Port Royal Plantation, 3rd row. Short Sale, subject to third party approval. New Tuscan Masterpiece, sound views,
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List Price: $1,599,000
MLS: 263983
Bedrooms: 6
Bath: 6 / Half Baths: 1
Sq. Ft. 5672 approx.
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