Beaufort County foreclosures surge in July (updated w/video)

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Updated Aug. 20: WSAV's Holly Bounds offers a report on the spike in foreclosures, including two local Habitat for Humanity homes that have been foreclosed on. Video here and below.

First reported Aug. 12: The number of homes entering foreclosure is continuing to climb after the end of the first time homebuyer tax credit.

The Island Packet has a short article about the local uptick in foreclosures; read it here.

On the upside, it was announced yesterday that South Carolina would $58M more to help those struggling with foreclosure after a job loss.

The foreclosures are part of what was discussed this week at the Lowcountry Regional Job Summit. 

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