Short Sale Homes for Sale in Louisville KY
Louisville KY short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loan. A short sale is an attempt by the current owner to sell a home in lieu of the bank taking it back through foreclosure proceedings, thus partially salvaging their credit rating and lifting the burden of heavy mortgage debt. In addition, it gives buyers an opportunity to purchase a home at a lower price. There are benefits to purchasing a short sale home but it can be long process to find out whether an offer is approved, rejected, or counter offered. It is important to consult a real estate agent such as the Jimmy Welch Team to learn more about buying short sale homes in Louisville KY area.
To learn more about these homes view the short sales in Louisville KY list below. If you would like more information on any of these short sale homes, contact the Jimmy Welch Team.
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