Louisville Short Sales and Foreclosures

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.

Louisville Area Short Sales For Sale May 22, 2017
34
Listed
97
Avg. DOM
$66.06
Avg. $ / Sq.Ft.
$79,950
Med. List Price
33 Properties Found. Showing 1-12
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Selling Your Home?

If you are considering selling your home in the Greater Louisville area, contact an agent at Finish Line Realty first to get a free valuation and market analysis.

Testimonials View All

After an unsucessful attempt at finding a house with another real estate agent I found Scott through his website. After I explained my situation he agreed to meet with me and go through the entire...
Chad C. ( Short Sale Buyer )