Short Sales IN FERN CREEK, BUECHEL, HIGHVIEW, & OKOLONA ky
These are Short Sale homes in Area 6; which is Fern Creek, Buechel, Highview, Okolona KY.
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.
The borders of Greater Louisville Ky area 6
This area has the Watterson Expressway (I-264) as its northern border. Bardstown Road would be its eastern border. The Jefferson County line is the southern border. The western border is I-65. Area 6 is subdivided into two sub-areas: 6A and 6B separated by the Gene Snyder (I-265). 6A is to the north or closer to downtown.