Short Sales in other Kentucky counties
These are Short Sale homes in Area 12; which are other Kentucky counties and outside of the Greater Louisville area.
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.
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