This Single-Family is located at Gin Branch Rd, Sumter, SC 29154. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 4 Beds, 3 Baths , 3,491 sqft of living space.
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This single-family property is available as a foreclosure at Gin Branch Rd. It has 4 bedrooms, 3 bathrooms, and 3,491 square feet of living space. Based on our analysis of the current market conditions in Sumter for Gin Branch Rd and comparable listings, the estimated market value is $1,392,874. If purchased for rental purposes, the monthly rental rate could range between $1,980 and $2,420. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Gin Branch Rd are updated daily along with others in Sumter, South Carolina.
The property located at Gin Branch Rd in Sumter, SC is listed as a ForeclosureProperties like Gin Branch Rd in Sumter, South Carolina listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Sumter, SC. The longer lenders own properties like this on Gin Branch Rd, the more eager they become to sell, often at reduced prices.
Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:
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Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
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Address: Gin Branch Rd Sumter SC 29154
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The estimated rental value for Gin Branch Rd located in Sumter, SC is $2,200/month. Comparable homes around Gin Branch Rd that are rentals have monthly ranges starting as low as $1,980 per month and as high as $2,420 per month. An owner looking to use this property as an investment could bring a return in the area of $1,980 - $2,420 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
|Start Date||End Date||Listing Type||Bank Name|
|06/24/22||07/05/22||Preforeclosure||Wells Fargo Bank NA|
|06/20/22||07/05/22||Preforeclosure||US BANK NA|
|05/20/15||11/16/15||Preforeclosure||WELLS FARGO BANK NA|
|08/22/12||02/18/13||Preforeclosure||WELLS FARGO BANK NA|
|09/22/09||10/05/09||Preforeclosure||Wells Fargo Bank, NA|
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