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.

Showing 1-9 of 9  | 
Page   of 1
$574,950
Bedrooms: 6
Baths: 5
Approx Sq Ft: 5900
13020 Wellington Way
Goshen, KY 40026
MLS #: 1445030
Subdivision: longwood
REDUCED!!BANK OWNED, BUT THIS IS NOT YOUR TYPICAL BANK OWNED PROPERTY!!! Exquisite custom-built home is located in Longwood Subdivision, one of Oldham County's...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Action First
$179,900
Bedrooms: 3
Baths: 3
Approx Sq Ft: 2370
5105 Princewood Pl
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 The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Gilezan Realty
$170,000
Bedrooms: 4
Baths: 4
Approx Sq Ft: 2648
215 Forest Trace
Radcliff, KY 40160
MLS #: 1464873
Great opportunity, Cape Cod in Lora Acres with walk out basement, 2 car attached garage, 6 car detached garage, pond on property, fenced yard, dual HVAC...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$92,900
Bedrooms: 1
Baths: 1
Approx Sq Ft: 1273
912 E Saint Catherine St
Louisville, KY 40204
MLS #: 1461015
Subdivision: germantown
Property is being sold-in its' as-is, where-is condition with all flaws. Buyer is welcome to conduct inspections but no repairs will be made. Inspection...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Premier Properties
$80,900
Bedrooms: 1
Baths: 1
Approx Sq Ft: 1196
5100 Us Hwy 42
Louisville, KY 40241
MLS #: 1435995
Subdivision: glenview
Prestigious Glenview! Most utilities and maintenance included in monthly fee. You pay only your personal TV/phone/internet. Elevator for convenient access....
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Associates Of Louisville
125 Park Ave Radcliff, KY 40160
$48,600
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1104
125 Park Ave
Radcliff, KY 40160
MLS #: 1461502
Subdivision: arcadia heights
Great investment opportunity on 0.26 acres. 3 Bedrooms and 1 Full bath home located in the Flaherty/Vine Grove area. Bank owned. Pre-approval or proof of funds...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Executive Group, Inc.
641 Burks Branch Rd Shelbyville, KY 40065
$44,900
Bedrooms: 2
Baths: 1
Approx Sq Ft: 860
641 Burks Branch Rd (Under Contract)
Shelbyville, KY 40065
MLS #: 1463403
Bank Owned. Great Opportunity for Investment property! 2 bedrooms, 1 bath with 860 sq ft. within walking distance to Clear Creek Park. Cash or Conventional...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Century 21 Abbot Realty Corp
104 N 38Th St Louisville, KY 40212
$27,500
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1000
104 N 38Th St
Louisville, KY 40212
MLS #: 1460253
Investor Alert! This home is NOT in foreclosure. House is in decent condition but needs work. Would make a great rental! Adjoining vacant lot is combined in...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Housing Associates
3912 Vermont Ave Louisville, KY 40211
$21,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1200
3912 Vermont Ave
Louisville, KY 40211
MLS #: 1460255
Lets make a deal! Investor Special! Would make a great addition to rental portfolio. This home is NOT in foreclosure. Needs work to rent but in decent shape....
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Housing Associates

IN THE NEWS

Monday, January 09, 2017

Expert Tips on Moving and Relocating with Kids

Moving with Children Studies say constantly relocating to new homes can have a long lasting negative impact on a child’s development. This makes transitioning into a new home quite a daunting task that requires proper prior planning. According to Dr Shegeiro Oishi a renowned psychology professor at the University Virginia, relocating to a new house is not always bad for ...  Read More

LOUISVILLE Market Trends

Total Properties Listed: 5,930
Month-Over-Month Change: -8.37%
Average Days On Market: 194
Total New Properties Today: 10
Median List Price: $133,500
Month-Over-Month Change: 1.95%