Bidding on Foreclosures
If you are interested in bidding on a property being foreclosed upon in Charleston County which is scheduled to be auctioned for sale in the near future, you may find the following helpful to know:
What is the Master in Equity?
When real property is ordered to be foreclosed in Charleston County, a judge called the Master in Equity will issue an order directing the mortgaged premises (or a part thereof as required to satisfy the claims established) be sold by or under the direction of the Master.
The judgment (often called a Master's Order of Foreclosure & Sale) will contain a legal description of the property being sold, a provision for the necessary legal advertisement, the time and location of the sale, and notice of any liens, taxes or other rights to which the property to be sold is subject.
All Master's Order of Foreclosure & Sale and related documents can be viewed on the county's home page, www.CharlestonCounty.org.
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