Foreclosures IN DOWNTOWN, OLD louisville & WEST LOUISVILLE, ky
These listings are Foreclosures in Area 1; which is Downtown, Old Louisville, West Louisville, and parts of Shively.
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 1
The Ohio River serves as the border on the north and west. The northeast corner is a line approximating Roy Wilkins Avenue/ 9th Street and west St. Catherine. I-65 is its eastern border. The south and southwest borders would be the Watterson Expressway (I-264).