Redemption and Deficiency Judgments in South Carolina

Yes. In a foreclosure, the court may order a borrower who is personally liable to pay any amount of the debt left unpaid after the sale, unless the lender waived it. A defendant facing a personal (deficiency) judgment may, within 30 days after the sale, petition the clerk for an appraisal of the property by three licensed or certified appraisers; if the appraised value minus the sale price equals or exceeds the deficiency, the judgment is cancelled, and otherwise it is reduced by that amount. When a deficiency is sought, bidding remains open for 30 days after the sale.