How Can a Lender Foreclose on a Property in South Carolina?
In South Carolina, a lender must sue a borrower who is alleged to be in default on a mortgage loan. If the court finds that the borrower is in default and can’t pay the money owed to the lender then the court will issue a judgment of foreclosure. A judgment of foreclosure allows the lender to provide the public with notice of the upcoming property foreclosure sale and to conduct the sale in accordance with the state law and court orders.