Hello, Desirea76

Are you looking at the county property transfers that show the bank having "purchased" the property for $2500? This is part of the way the foreclosure process works in South Carolina. Typically, when a property is foreclosed upon, and sold by the Master in Equity at public auction, the bank my end up buying back the property for the M-I-E and court fees - $2500 - and then re-selling the property. For more information about the foreclosure process in South Carolina, you can check this link:
http://www.streetdirectory.com/travel_guide/63244/foreclosur…

The property is not really for sale for $2500. Remember, while there are still some bargain-priced homes on the market in the Summerville and Charleston areas, if it sounds too good to be true, it probably is!

Desirea76, frequently the websites that "list" foreclosed properties are only pulling information from the Master-in Equity or other county websites, without proofing the information for accuracy or validity. If you're interested in learning more about purchasing foreclosed or bank owned property in Charleston / Dorchester / Berkeley counties, I would be glad to discuss the process with you, and give you some additional guidance. Call or email me at the contact info listed in my profile.

Good luck to you, Desirea76!

Realty Trac.....Nuff said
http://www.biggerpockets.com/foreclosure-process.html
Try checking here Desirea76 ... http://www.dorchestercounty.net/masterinequity.htm

http://publicrecords.onlinesearches.com/South-Carolina-Forec…
http://publicrecords.onlinesearches.com/Foreclosures-and-Tax…
http://www.bid4assets.com/

Dunes

She is probably talking about this: http://www.trulia.com/foreclosure/2004106855--Gippy-Dr-Summe…

It is not listed as for sale right now, it was in foreclosure and was purchased by the bank...

Which homes/banks and where? Someone might be able to help you if you provide these tidbits...