Newberry County, South Carolina Government Auctions

1 open listing in Newberry County, including 1 HUD REO home. Every listing links to the official source to bid.

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Real Estate

HUD HomeStore

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206 Elm St, Prosperity, SC

Prosperity, South Carolina

HUD-owned (FHA) foreclosed home at 206 Elm St, Prosperity, SC 29127, FHA case #461-463925, currently listed for sale on HUD HomeStore (acquired by HUD 2020-04-06). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

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By sale type

HUD REO home1

By source

HUD HomeStore1

How these sales work

Buying government property in Newberry County

South Carolina is a redeemable deed state

South Carolina counties hold delinquent tax sales, usually in the fall, where the buyer's bid is held for a year while the owner may redeem; unredeemed parcels are deeded to the buyer. Property nobody bids on goes to the county's Forfeited Land Commission.

Redemption period: The owner has 12 months from the sale to redeem, paying the delinquent amount plus interest owed to the buyer; the tax deed issues after that year.
Interest or penalty: Interest owed on redemption rises by quarter, commonly 3%, 6%, 9% and 12% of the bid amount, capped at the opening bid.

Full South Carolina guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

Compare government real-estate sale types →

General information, not legal advice; the official sale notice controls.