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Oct 15, 2026 · in 13 days
After redemption expires, many buyers still pursue quiet title before free-and-clear refinance or institutional resale insurance.
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Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — S.C. Code § 12-43-220(e): all other real property not otherwise provided for is assessed at six percent of fair market value. South Carolina assesses by property class rather than by county — 4% legal residence (c), 4% agricultural held by individuals (d)(1)(A), 6% agricultural held by corporations (d)(1)(B), 10.5% manufacturing and utility (a)(1). Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.
South Carolina redeemable tax deed (S.C. Code §12-51). Horry County Treasurer Delinquent Tax Department runs an annual live open-bid distressed-property sale (typically early December after three consecutive Thursday newspaper ads in November). 12-month post-sale redemption. Unsold parcels may go to the Forfeited Land Commission. Myrtle Beach / Grand Strand inventory can be competitive; research flood zones and HOA carefully.
Inherited from South Carolina rather than researched for Horry: type, redemption, returns, statute.