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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.  When lenders agree to do a  short sale in real estate, it means the lender is accepting less than the total amount due. Not all lenders will accept short sales or discounted payoffs, especially if it would make more financial sense to foreclose; moreover, not all sellers nor all properties qualify for short sales.

Short Sale Buyer Guidance

The average home buyer will not be a good fit for a short sale purchase. It is a time consuming process, that at times can be frustrating, and a little maddening.  If you have the patience and time, you can find a deal though.  The word bank is indeed a four letter word, but it won't be the only one you'll end up using by the end of the process.

Short Sale Your Home

Do you need guidance short selling your home?  Contact us today for guidance.

Short Sales in Metro Louisville

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
73 Properties Found. Showing Page 1 of 8
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Finish Line Realty are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information Deemed Reliable but Not Guaranteed © 2014 Metro Search Multiple Listing Service. All rights reserved.