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.

25 Properties Found. Showing 1-12
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302 Locust Creek Blvd
Louisville, KY 40245
302 Locust Creek Blvd Louisville, KY 40245
1 of 4
$425,000 ( $44,000 )
Subdivision: Locust Creek
BEDS
5
BATHS
5
SQ.FT.
5,160
BUILT
2002
ON SITE
45Days
MLS
1471497
Great opportunity.. Must close with Beth Rojas Agency Title / NO POWER AT THIS TIME... show early.. Short sale is in progress with lender. One loan. Buyer is responsible for obtaining any...
200 Mason Ln
Sparta, KY 41086
200 Mason Ln Sparta, KY 41086
1 of 32
$300,000
Subdivision: N/A
BEDS
4
BATHS
4
SQ.FT.
4,500
BUILT
2008
ON SITE
100Days
MLS
1470247
1.56 Acres. 1st Flr Master. 4 Bedroom 2 Story w/ Both Front & Back Porch. Oversized 2 Car Garage. Huge Country Kitchen- Perfect for Family Dinners! Large 1st Flr Laundry. 3 Full Baths, 1 Half Bath....
35 Silverview Rd
Smithfield, KY 40068
Under Contract
35 Silverview Rd Smithfield, KY 40068
1 of 41
$254,900
Subdivision: Silverview Estates
BEDS
4
BATHS
3
SQ.FT.
2,975
BUILT
2005
ON SITE
50Days
MLS
1474640
SHORT SALE! Beautiful ranch house minutes from La Grange. This home includes 4 bedrooms, 3 full bathrooms, walkout finished basement, open layout with high ceiling in the living room, formal dining...
408 Oakwood Dr
Lebanon Junction, KY 40150
Under Contract
408 Oakwood Dr Lebanon Junction, KY 40150
1 of 18
$170,000 ( $59,900 )
Subdivision: N/A
BEDS
4
BATHS
2
SQ.FT.
1,539
BUILT
2010
ON SITE
495Days
MLS
1439977
**RANCH HOME WITH AN OPEN FLOOR PLAN AND A SPLIT BEDROOM DESIGN.** LOTS OF PRIVACY ON THIS 3.172 ACRES WITH HOME SITTING ON A HILLTOP WITH GREAT VIEWS AND A WRAP AROUND DECK. **THERE ARE 4 BEDROOMS...
2506 Concord Dr
Louisville, KY 40217
2506 Concord Dr Louisville, KY 40217
1 of 31
$170,000 ( $30,000 )
Subdivision: Parkway Terrace
BEDS
3
BATHS
1
SQ.FT.
1,304
BUILT
1927
ON SITE
89Days
MLS
1460010
Short Sale - Look at the charming home located right down the street from UofL... it's just what you have been looking for! You are going to love lounging around in this cozy living room with 2 big...
1413 Dellwood Dr
Louisville, KY 40216
1413 Dellwood Dr Louisville, KY 40216
1 of 45
$159,900
Subdivision: Cloverleaf
BEDS
4
BATHS
2
SQ.FT.
1,263
BUILT
1971
ON SITE
12Days
MLS
1478399
LOTS of space in this home! Large living room, and very large kitchen and great room! Three bedrooms on the third level and one on the first level. There is an unfinished basement with laundry....
5813 Shepherd Crossing Dr
Louisville, KY 40219
5813 Shepherd Crossing Dr Louisville, KY 40219
1 of 20
$149,900
Subdivision: Shepherds Crossing
BEDS
3
BATHS
2
SQ.FT.
1,614
BUILT
2010
ON SITE
22Days
MLS
1477290
Four bedrooms, 2 bath patio house. Needs some cosmetics, but this is a very nice 5 year old patio home in a great area. Large eat in kitchen, large living room/great room with an over head loft that...
2210 Paris Dr
Louisville, KY 40218
2210 Paris Dr Louisville, KY 40218
1 of 34
$135,500 ( $12,000 )
Subdivision: Matthews Manor
BEDS
2
BATHS
1
SQ.FT.
1,425
BUILT
1957
ON SITE
137Days
MLS
1466239
Short Sale - You just found your new home! Imagine pulling into the driveway of this fabulous home located on this large lot. Think of how great it's going to be lounging around in this spacious...
10237 Riverstone Cir
Louisville, KY 40229
Under Contract
10237 Riverstone Cir Louisville, KY 40229
1 of 4
$125,000
Subdivision: Indian Falls
BEDS
3
BATHS
2
SQ.FT.
1,559
BUILT
2004
ON SITE
63Days
MLS
1473545
Short sale is subject to lender approval. Bank's potential loss could be your gain! Come by and check out this 3 bedroom, 2 full bath stand-alone condo in Indian Falls. The living room has a tv nook,...
9110 Gayle Dr
Louisville, KY 40272
9110 Gayle Dr Louisville, KY 40272
 
$115,000 ( $37,500 )
Subdivision: Timothy Hills
BEDS
3
BATHS
2
SQ.FT.
1,455
BUILT
1966
ON SITE
104Days
MLS
1470011
This is a short-sale - Property sold as-is - no repairs will be done by seller. Third Party approval is required.
215 S Spring St
Louisville, KY 40206
215 S Spring St Louisville, KY 40206
1 of 9
$114,900
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
960
BUILT
1900
ON SITE
4Days
MLS
1479241
GREAT LOCATION CLOSE TO LEXINGTON ROAD AND PAYNE, HOME IS SHOTGUNS STYLE, BUT HAS A HALLWAY, NO GOING THROUGH ROOMS, CLOSE TO EXPRESSWAY AND DOWNTOWN, HOME NEEDS HVAC, SOME WATER LINES AND SOME...
345 Holly Ln
Munfordville, KY 42765
345 Holly Ln Munfordville, KY 42765
1 of 11
$99,900
Subdivision: River Oaks
BEDS
3
BATHS
2
SQ.FT.
1,350
BUILT
1997
ON SITE
26Days
MLS
1476913
Beautiful home awaiting its new owner to bring it back to life! True master bedroom with a full bath and walk-in closet. Home has TWO garages, one is finished inside, perfect for a pool room. Tile in...
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