Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales 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 Short Sales come on the market.

20 Properties Found. Showing 1-12
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3600 Vista Way
Smithfield, KY 40068
3600 Vista Way Smithfield, KY 40068
1 of 91
$399,000
Subdivision: Ballard Woods
BEDS
5
BATHS
4
SQ.FT.
3,545
BUILT
2005
ON SITE
14Days
MLS
1488192
This short sale is a terrific opportunity to get into a growing, high end neighborhood for a DEAL! Houses of this size with modern finishes are selling above $500K in Ballard Woods. One of the...
4320 Rudy Ln
Louisville, KY 40207
Under Contract
4320 Rudy Ln Louisville, KY 40207
1 of 32
$302,335
Subdivision: Foeburn
BEDS
2
BATHS
3
SQ.FT.
1,772
BUILT
1959
ON SITE
81Days
MLS
1482878
Lots of potential for someone looking to flip a home. Home has a 2-car garage, full walk-out basement, and 3 full baths. Desirable neighborhood. May not go FHA, VA, or possibly conventional...
10705 Northington Ln
Louisville, KY 40241
Under Contract
10705 Northington Ln Louisville, KY 40241
1 of 40
$230,000
Subdivision: Worthington Place
BEDS
3
BATHS
3
SQ.FT.
1,945
BUILT
2004
ON SITE
271Days
MLS
1466338
SHORT SALE! BRING OFFERS! Location! Location! Location*** Welcome to Worthington Place!***3 Bedroom, 2.5 Bath & 2-Car Gargage*** Open Floor Plan***Formal Dining Room***Great Roomw/Fireplace***Large...
1300 Hickory Ridge Rd
Waddy, KY 40076
1300 Hickory Ridge Rd Waddy, KY 40076
1 of 2
$200,000
Subdivision: N/A
BEDS
1
BATHS
2
SQ.FT.
2,900
BUILT
38
ON SITE
111Days
MLS
1480067
Spacious 3 bedroom ranch with 7.82 acres in Waddy. 2 car garage. Walkout Basement. This house needs TLC but it has a ton of potential. Short sale!
5812 Shelby St
Louisville, KY 40291
5812 Shelby St Louisville, KY 40291
1 of 31
$179,900 ( $10,000 )
Subdivision: Brandywyne
BEDS
4
BATHS
2
SQ.FT.
2,172
BUILT
1974
ON SITE
104Days
MLS
1480641
This move-in ready split level home offers 4 bedrooms, 2 full bathrooms and a great floor plan and outdoor space for entertaining. Enjoy the in ground swimming pool and a spacious 3 season sunroom...
318 Madison Dr
Elizabethtown, KY 42701
Under Contract
318 Madison Dr Elizabethtown, KY 42701
1 of 19
$160,000 ( $20,000 )
Subdivision: N/A
BEDS
3
BATHS
3
SQ.FT.
2,262
BUILT
1975
ON SITE
113Days
MLS
1479952
Spacious Brick raised ranch with large updated kitchen, separate dining room with door out to deck. large living room with fireplace, updated baths,lower level has family room with fireplace, full...
915 Westview Dr
Louisville, KY 40214
915 Westview Dr Louisville, KY 40214
1 of 27
$138,000
Subdivision: Mary Sarah Bests
BEDS
3
BATHS
2
SQ.FT.
1,500
BUILT
1953
ON SITE
13Days
MLS
1485624
**Short Sale** You don't want to miss this opportunity! This lovely 3 bedroom, 2 full bath home is waiting for you. When you walk in you will immediately notice the open floor plan and vaulted...
4939 Applegrove Ln
Louisville, KY 40218
4939 Applegrove Ln Louisville, KY 40218
1 of 16
$124,900
Subdivision: Norfolk Place
BEDS
3
BATHS
2
SQ.FT.
1,508
BUILT
2002
ON SITE
53Days
MLS
1485150
Short Sale, 3rd party approval required. Good condition and will go FHA or VA Nice 2 story home offering 3 bedrooms, 2 full baths, Kitchen appliances do not stay. 24 hour notice prior to showings.
8350 Grand Trevi Dr
Louisville, KY 40228
Under Contract
8350 Grand Trevi Dr Louisville, KY 40228
1 of 22
$114,900
Subdivision: The Fountains
BEDS
3
BATHS
3
SQ.FT.
1,615
BUILT
2003
ON SITE
60Days
MLS
1484572
Short Sale subject to lender approval. Welcome to 8350 Grand Trevi Drive in The Fountains! The 3 bedroom, 2.5 bath townhome has a great open floor plan. The first floor offers a family room with...
1511 Walkerwood Ct
La Grange, KY 40031
Under Contract
1511 Walkerwood Ct La Grange, KY 40031
1 of 11
$110,000
Subdivision: Greenwood Common
BEDS
3
BATHS
1
SQ.FT.
1,025
BUILT
1978
ON SITE
63Days
MLS
1484289
Nice 3 bedroom brick ranch on a courtLarge eat in kitchen with separate laundry room.This is a short sale subject to third party approval. Attached addendums must be signed and submitted with any...
8307 Terry Rd
Louisville, KY 40258
8307 Terry Rd Louisville, KY 40258
1 of 29
$100,000 ( $5,000 )
Subdivision: Pleasure Manor
BEDS
3
BATHS
2
SQ.FT.
1,373
BUILT
1960
ON SITE
207Days
MLS
1462664
Short sale. Three bedroom, 2 full bath, hardwood floors, newer linoleum in kitchen, and a HUGE living room! Appliances do not remain. This is a great deal!
3715 Joyce Dr
Crestwood, KY 40014
3715 Joyce Dr Crestwood, KY 40014
1 of 10
$70,000
Subdivision: Lakewood Valley
BEDS
3
BATHS
1
SQ.FT.
1,053
BUILT
1977
ON SITE
40Days
MLS
1486019
INVESTORS OPPORTUNITY! This is a short sale and does require lenders approval for short sale. Close proximity to shopping, schools, restaurants, grocery stores and interstate! Homes range from...
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