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Thursday, April 20, 2017

7009 Quarry Dr., Louisville KY 40241 MLS#1461514

7009 Quarry Dr. Crestwood, KY 40014 $544,900 MLS# 1470201 Custom-Built Executive Home in the gated subdivision of Becker Quarry. Located in Crestwood this 5 Bedroom, 4 Full, 1 Half Bath home with 4,190 square feet of finished living space has been meticulously designed and well maintained. Welcome guests to the 2 story Foyer highlighted by a ...  Read More

Tuesday, March 14, 2017

15108 Meadow Farms Ct.., Louisville KY 40245 MLS#1469247

15108 Meadow Farms Pl. Louisville, KY 40245 $634,900 MLS# 1469247 This spectacular 4 Bedroom, 4.5 Bath home with 5,272 square feet of living space features an open design and is located on a choice golf course lot with beautiful sunset views! Enter to a 2 story vaulted Foyer with hardwood floors and triple turned staircase. The foyer is open to ...  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.

Showing 1-5 of 5  | 
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$73,000
Bedrooms: 1
Baths: 1
Approx Sq Ft: 1196
5100 Us Hwy 42 (Pending)
Louisville, KY 40241
MLS #: 1435995
Subdivision: glenview
This property is now under auction terms. Pre-sale offers should be submitted through http://pro.williamsauction.com. This property is subject to a 5%...
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Re/Max Associates Of Louisville
$179,900
Bedrooms: 3
Baths: 3
Approx Sq Ft: 2370
5105 Princewood Pl (Under Contract)
Louisville, KY 40216
MLS #: 1462199
Subdivision: oak valley
Bank owned. New stainless steel appliances, refinished hardwood floors, updated bathrooms, new paint throughout, new carpet, new kitchen cabinets & countertops....
Contact Jimmy Welch at (502) 439-1404 to inquire about this property.
Listing provided courtesy of Gilezan Realty
$338,770
Bedrooms: 2
Baths: 2
Approx Sq Ft: 1783
6600 Seminary Woods Pl
Louisville, KY 40241
MLS #: 1465973
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
$494,802
Bedrooms: 3
Baths: 3
Approx Sq Ft: 2499
6600 Seminary Woods Pl
Louisville, KY 40241
MLS #: 1465966
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
$833,572
Bedrooms: 4
Baths: 3
Approx Sq Ft: 4282
6600 Seminary Woods Pl
Louisville, KY 40241
MLS #: 1465962
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