Short Sales in FERN CREEK, Hikes Point, & JEFFERSONTOWN ky

These are Short Sale homes in Area 7; which is Fern Creek, Hikes Point, and Jeffersontown KY. The locals call this J-town for short.

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 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.