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Tuesday, April 17, 2018

15201 Chestnut Ridge Cir., Louisville KY 40245 MLS#1500642

15201 Chestnut Ridge Cir. Louisville, KY 40245 $634,900 MLS #1500642 Ready for Something Fabulous? Beauty, Style and Exceptional Quality with this 1 ½ story home offering 4 Bedrooms, 4 Full Baths, 1 Half Bath and 4,834 square feet of finished living space. Located on hole #6 of the Lake Forest Golf course, this house is gorgeous both ...  Read More

Wednesday, April 04, 2018

14501 McKinley Ridge Dr., Louisville KY 40245 MLS#1498620

14501 McKinley Ridge Dr. Louisville, KY 40245 $429,900 MLS# 1498620 Luxurious Maintenance-Free Living! Sitting on the largest Garden Home lot in Hamilton Springs, this gorgeous home offers 3 Bedrooms, 3 Full Baths, 1 Half Bath and 3,092 square feet of finished living space. Welcome guests up the one step entry into the Foyer. Enjoy an open floor ...  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  / May 24, 2018
4
Properties Listed
177
Avg. Days On Market
$140.26
Avg. Price / Sq. Ft.
$360,000
Med. List Price
Showing 1-4 of 4  | 
Page   of 1
$95,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1591
4730 Quinn Dr
Louisville, KY 40216
MLS #: 1497897
Subdivision: rockford manor
Property being sold As-Is. No repairs. Pre-foreclosure, home needs some repairs.
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$295,000
Bedrooms: 2
Baths: 2
Approx Sq Ft: 1783
6600 Seminary Woods Pl
Louisville, KY 40241
MLS #: 1489191
Subdivision: the george
The George at 42 offers a truly sophisticated living experience. This 2 bedroom, 2 full bath unit located at the back of the building, overlooking the pool, is...
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$425,000
Bedrooms: 3
Baths: 3
Approx Sq Ft: 2499
6600 Seminary Woods Pl
Louisville, KY 40241
MLS #: 1489189
Subdivision: the george
The George at 42 offers a truly sophisticated living experience. This 3 bedroom, 2.5 bath unit located on the front of the building has several open floor plan...
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$710,000
Bedrooms: 4
Baths: 3
Approx Sq Ft: 4282
6600 Seminary Woods Pl
Louisville, KY 40241
MLS #: 1489192
Subdivision: the george
The George at 42 offers a truly sophisticated living experience. This 4 bedroom, 2.5 bath front to back unit has two balconies, large open floor plan, and is...
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Semonin Realtors