Foreclosures in FERN CREEK, Hikes Point, & JEFFERSONTOWN ky
These are Foreclosures in Area 7; which is Fern Creek, Hikes Point, and Jeffersontown (also known as J-Town) KY.
They are known in the trade as REO homes (Real Estate Owned) and are bank owned properties. Typically, these homes are owned by Fannie Mae, Freddie Mac, or HUD (HUD homes are FHA foreclosures). They could be a local bank such as Republic Bank, PBI Bank, PNC Bank, River City Bank, Commonwealth Bank & Trust, 5/3 Bank, etc. These are usually discounted houses.
The borders of Greater Louisville ky area 7
This area has the Watterson Expressway (I-264) as its northwestern border. We have I-64 as its northern border. The Jefferson County line is the eastern and southern borders. Bardstown Road is its western border. Area 7 is subdivided into two sub-areas: 7A and 7B separated by the Gene Snyder (I-265). 7A is to the west or closer to downtown.