Louisville KY Foreclosures for Sale

If you are looking for a home in the Louisville area you might consider purchasing a property that was in foreclosure.  While not for everyone, if you do some research, ask the right questions and seek professional advice, foreclosure properties can give you some real bang for your buck.

Here are some ideas to help you guard your investment before you buy a property that came onto the market due to foreclosure:foreclosure properties in Louisville KY

Foreclosure properties in Louisville take time get listed on the market.  If you see a home that interests you and it appears to be unoccupied, check with your real estate professional to see if it is available. If it is in a foreclosure process, it may be some months before the property is listed on the market. Once the sale is advertised, your work begins. If a home was in foreclosure, compare the property value to others in the area. Is the listing price favorable? If so, you can schedule an appointment to see the home.

 If you really like what you see and would like to place an offer on the home, consider hiring a certified home inspector to carefully assess the condition of the property. A successful home inspection can be made a condition of your sale offer. This is important, because if the previous owner was under financial pressure, he/she may not have properly maintained the home. Getting a home inspection report can save you save you nightmares later.

One other safeguard you may be able to put into place on a foreclosure property is a home owner’s warranty.  Often this can be made a condition of the sale and requires the owner to purchase one year of home owner warranty coverage at their expense. That way, if the unexpected happens you are facing a small deductible, not a major repair.

In today’s market, foreclosure properties can offer an incredible value if you do the research and take the time to guard your investment before you buy.

Search Foreclosures

These Foreclosures for sale are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Foreclosures for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Foreclosures come on the market.

5 Properties Found.
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6600 Seminary Woods Pl
Louisville, KY 40241
6600 Seminary Woods Pl Louisville, KY 40241
1 of 21
$710,000
Subdivision: The George
BEDS
4
BATHS
3
SQ.FT.
4,282
BUILT
2007
ON SITE
71Days
MLS
1465962
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 ready to quickly finish. Innovative...
6600 Seminary Woods Pl
Louisville, KY 40241
6600 Seminary Woods Pl Louisville, KY 40241
1 of 21
$425,000
Subdivision: The George
BEDS
3
BATHS
3
SQ.FT.
2,499
BUILT
2007
ON SITE
71Days
MLS
1465966
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 options and ready to quickly finish....
6600 Seminary Woods Pl
Louisville, KY 40241
6600 Seminary Woods Pl Louisville, KY 40241
1 of 21
$295,000
Subdivision: The George
BEDS
2
BATHS
2
SQ.FT.
1,783
BUILT
2007
ON SITE
71Days
MLS
1465973
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 already framed with some plumbing and...
163 Cedar St
Shepherdsville, KY 40165
163 Cedar St Shepherdsville, KY 40165
1 of 14
$89,900
Subdivision: N/A
BEDS
3
BATHS
2
SQ.FT.
1,350
BUILT
1994
ON SITE
15Days
MLS
1485413
Listed for sale is this bank owned REO manufactured home convenient to I-65. Home sits on large plot of land with three bedroom and two bath home with two car garage and pool.
2848 Elam Dr
Louisville, KY 40213
2848 Elam Dr Louisville, KY 40213
1 of 13
$84,900
Subdivision: Preston Park
BEDS
3
BATHS
1
SQ.FT.
925
BUILT
1959
ON SITE
14Days
MLS
1485614
Just listed is this bank owned three bedroom one bath hoe on large corner lot. Perfect for owner occupant and rental property. Home has laminate flooring in living room, central air and detached...
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