Summary of South Carolina's Foreclosure Laws

Topic State Rule Common type of foreclosure process

Deficiency Judgments After Foreclosure in South Carolina

In South Carolina, if you go through foreclosure and the sale price is not enough to cover the balance of your mortgage, your lender can come after you for the difference (called a "deficiency"). However, if the lender does not have the correct language in its foreclosure complaint, it might waive its

South Carolina HOA and COA Foreclosures

If you live in a condominium, single-family house, or townhome that is part of a common interest development in South Carolina, you are most likely responsible for paying dues and assessments to a condominium association (COA) or homeowners’ association (HOA). If you fall behind in payments, in most

South Carolina Foreclosure Intervention

Some states have taken steps to help homeowners explore ways to avoid foreclosure. In South Carolina, an administrative order by the Supreme Court created a foreclosure intervention process to help struggling homeowners. Read on to learn more about how South Carolina’s foreclosure intervention process

South Carolina Timeshare Foreclosure and Right to Cancel Laws

If you have purchased or are thinking of purchasing a timeshare in South Carolina, or are facing a timeshare foreclosure, it’s important to learn the answers to the following questions: How do I cancel a timeshare purchase in South Carolina? What disclosures are required in a timeshare purchase? Are

If I Lose My Home to Foreclosure in South Carolina, Can I Get It Back?

Question I live in Charleston, South Carolina. I’ve had some financial problems in the past and my house is currently in foreclosure. I really don’t want to lose the place.

Can I Reinstate My Mortgage to Save My Home From Foreclosure in South Carolina?

Some states give homeowners who are facing a foreclosure the legal right, under their state statutes, to stop the proceedings by reinstating (getting current on) the mortgage.