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Friday, October 12, 2018

1221 Forest Trail Pl. Louisville, KY 40245 MLS #1514772

1221 Forest Trail Pl, Louisville, KY 40245 MLS #1514772   Fall in love with this 7 Bedroom, 7 Full Bath, 2 Half Bath home in the gated community of Bridgemore Estates. Exceptional quality, exquisite woodwork, all Bedrooms offer an En-Suite, enjoy a Swim/Spa Room, Theatre Room, two Master Suites, a Library and a gorgeous setting on a ...  Read More

Wednesday, September 12, 2018

7218 Wood Briar Rd, Louisville KY 40241 MLS#1509093

7218 WOOD BRIAR RD. Louisville, KY 40241 MLS #1509093 You'll love this gorgeous 2 Story Home located in the Woods of St Thomas. This 5 Bedroom, 3 Full Bath, 1 Half Bath home offers 4,623 sq. ft of finished living space and sits on a private .58 acre wooded lot. The many features and updates of this home include a NEW ROOF (July 2018), NEW HVAC ...  Read More

Foreclosure Homes in Louisville KY

Forclosures in Louisville, KY can be found in the Louisville MLS listings below. As foreclosed homes become more common in today's market, buyers are realizing there is opportunity to buy a home below market price.  There are many challenges to consider and it is important to consult a real estate expert such as the Jimmy Welch Team. Although there is potential for savings, it is important to know that most forclosed homes are distressed property that are for sell because of an unfortunate financial situation.   Most homes will need cosmetic repairs and/or complete rennovations.

Also, are you purchasing the property for investment or do you intend to occupy the house? If you intend to occupy the house, you may not want to live in a neighborhood where most of the homes are rentals. However, as an investment property, this may not matter. 

As with any major purchase you need to do your homework because many of the laws that protect you in a conventional real estate transaction may not apply to a foreclosed  property.  Many times if the person who owned the home was foreclosed on because of not being able to make their mortgage payments, their may be other debts such as property taxes that will need to be considered.  Always do a title search on a property to look for any possible encumberances that you may  not know exists on the property.

To learn more about Foreclosure Homes for Sale, browse the Louisville MLS listings below.  To return to the home page, click Louisville Real EstateTo view homes for sale that are foreclosures, contact the Jimmy Welch Team.

To view a map of homes for forclosure, go to Louisville MLS listings by map.

Foreclosed Homes for Sale in Louisville KY  / November 19, 2018
2
Properties Listed
92
Avg. Days On Market
$69.70
Avg. Price / Sq. Ft.
$100,125
Med. List Price
Showing 1-2 of 2  | 
Page   of 1
$75,250
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1350
163 Cedar St
Shepherdsville, KY 40165
MLS #: 1514297
Listed for sale is this bank owned REO manufactured home convenient to I-65 in Shepherdsville. Home sits on large plot of land with three bedroom and two bath...
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Pml Real Estate Group Llc
4225 Trio Ave Louisville, KY 40219
$125,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1494
4225 Trio Ave
Louisville, KY 40219
MLS #: 1510213
Selling ''AS IS,WHERE IS''. This is not foreclosure. Seller will not make any repairs. House needs lot of repairs.Block garage is 34 x 44 and has City water...
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Laverne Heck, Realtor