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.

19 Properties Found. Showing 1-12
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1848 Bates Ln
Smithfield, KY 40068
1848 Bates Ln Smithfield, KY 40068
1 of 47
$234,000 ( $15,900 )
Subdivision: N/A
BEDS
4
BATHS
3
SQ.FT.
2,328
BUILT
1991
ON SITE
36Days
MLS
1490151
Horse lovers heaven! Come see this updated Ranch with 10 acres, TODAY! This wonderful home offers a spacious family room, 2 separate Master Bedrooms and 3 Full Baths. It has a 2 Car detatched Garage,...
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
320Days
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
160Days
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!
4320 Rudy Ln
Louisville, KY 40207
Under Contract
4320 Rudy Ln Louisville, KY 40207
1 of 32
$200,000 ( $102,335 )
Subdivision: Foeburn
BEDS
2
BATHS
3
SQ.FT.
1,772
BUILT
1959
ON SITE
130Days
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...
5812 Shelby St
Louisville, KY 40291
Under Contract
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
153Days
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...
11708 Reality Trail
Louisville, KY 40229
11708 Reality Trail Louisville, KY 40229
1 of 13
$162,000
Subdivision: Heritage Creek
BEDS
3
BATHS
2
SQ.FT.
1,201
BUILT
2002
ON SITE
48Days
MLS
1489260
SHORT SALE! SUBJECT TO THIRD PARTY APPROVAL. Beautiful brick ranch, three bedroom two bathroom home. Open floor plan with hardwood floors throughout. Recess lighting and tons of counter and cabinet...
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
162Days
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...
1041 Shoreline Dr
La Grange, KY 40031
Under Contract
1041 Shoreline Dr La Grange, KY 40031
1 of 20
$158,500
Subdivision: Woodland Lakes
BEDS
3
BATHS
2
SQ.FT.
1,500
BUILT
2003
ON SITE
13Days
MLS
1491429
Fantastic floor plan and priced to sale! 3 bedroom, 2 full bath ranch with 2 car garage. Vaulted great room with fireplace. Large kitchen with range, microwave, dishwasher, pantry, refrigerator...
2105 Auburn Dr
Louisville, KY 40216
2105 Auburn Dr Louisville, KY 40216
1 of 31
$117,000
Subdivision: N/A
BEDS
4
BATHS
3
SQ.FT.
2,461
BUILT
1996
ON SITE
10Days
MLS
1491692
This cape cod has so much to offer and needs your TLC! Offering 4 bedrooms and 3 full bathrooms with finished basement and 2 car detached garage with fenced back yard. Large living room with 2...
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
112Days
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
256Days
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!
1914 Lewiston Dr
Louisville, KY 40216
1914 Lewiston Dr Louisville, KY 40216
1 of 30
$100,000
Subdivision: Lewiston Place
BEDS
2
BATHS
1
SQ.FT.
1,096
BUILT
1952
ON SITE
43Days
MLS
1489645
***PRE-APPROVED SHORT SALE - All we need is your contract. This adorable home will go fast. Located on 1/2 Acre in great community across from St. Lawrence, you must hurry. This 2 Bedroom + has...
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