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 September 25, 2023
1
Listed
136
Avg. DOM
$205.40
Avg. $ / Sq.Ft.
$540,000
Med. List Price
1 Property

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

My husband and I have worked with Scott for many years. He has always gone above and beyond in all our dealings with him. He helped us get a phenomenal price on the current house we're in now. I've...
Jessi F. via Google