Short Sales
What is a short sale?
A short sale is a workout program that allows a borrower to sell the property, even if the proceeds are less than the loan payoff, due to low property value.
For more information on what a short sale is, Wikipedia has a very nice info page. I’ve linked to it here. The most concise answer is that a short sale occurs when the proceeds of a real estate sale fall short of the balance owed on the property.
If you have an interest AND THE PATIENCE to buy short sale property, please contact me. Are you ready to find your bargain home or investment property?
Short Sales Louisville Report
To receive an updated report on Short Sales and Foreclosures in the Greater Louisville Area, Request a FREE Report below.
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Louisville Short Sale Properties
These two links potentially have bargains. The first search will show all listings in the system where the listing has the term “short sale” in the listing. The second displays all listings that have “foreclosure” in the listing. The search results are displayed from highest list price, to lowest list price.