Short Sales in all of Greater Louisville KY
Short Sale homes in all of Louisville KY including Jefferson, Oldham, Shelby, Spencer, and Bullitt Counties.
Short Sales occur when the homeowner owes more than what their home will net. They are “short” because the bank will be taking a loss. These houses are also known as “underwater”. All of these will require bank approval.
Bank of America, Wells Fargo and Chase Bank are the lienholders that I see the most in the Louisville KY area.
A bargain can be had if one is patient enough to wait for a sale to finalize.