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.

12 Properties Found.
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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
236Days
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!
4809 Hunters Point Cir
Louisville, KY 40216
Under Contract
4809 Hunters Point Cir Louisville, KY 40216
1 of 36
$199,999 ( $5,001 )
Subdivision: Hunters Pointe
BEDS
3
BATHS
3
SQ.FT.
2,700
BUILT
1992
ON SITE
46Days
MLS
1493624
Bargain Hunters Stop and check out this impeccable short sale opportunity!! This home has 3 full bedrooms up and an additional downstair (no egress), and 3 (THREE) full baths. Open floor plan with...
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
238Days
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...
7617 Johnson School Rd
Louisville, KY 40291
7617 Johnson School Rd Louisville, KY 40291
1 of 52
$149,900
Subdivision: Gainsborough
BEDS
3
BATHS
2
SQ.FT.
1,504
BUILT
1973
ON SITE
210Days
MLS
1482446
Possibilities!! Needs some TLC, but great neighborhood and great space! 3 Bedrooms with 2 full baths. Fenced yard. Short sale.
4401 Goffner Ct
Louisville, KY 40218
4401 Goffner Ct Louisville, KY 40218
1 of 22
$130,000
Subdivision: Petersburg Estates
BEDS
4
BATHS
2
SQ.FT.
2,047
BUILT
1981
ON SITE
33Days
MLS
1494405
This is a Short Sale. There are 4 bedrooms and 2 full baths. A living room, family room, dining room and an eat in kitchen. The basement is unfinished. Large back yard. Seller will not do any repairs....
5804 Chalet Cir
Louisville, KY 40228
Under Contract
5804 Chalet Cir Louisville, KY 40228
 
$130,000
Subdivision: Village At Wildwood
BEDS
3
BATHS
3
SQ.FT.
2,560
BUILT
2006
ON SITE
12Days
MLS
1495832
Short Sale- needs TLC! Great for investors. Stand Alone Condo. 3 bedrooms / 2.5 baths. Loft overlooking Great Room. 2 car garage. Master bedroom on first floor. Second floor there are 2 bedrooms, 1...
7200 Alameter Ct
Louisville, KY 40258
7200 Alameter Ct Louisville, KY 40258
1 of 4
$104,000 ( $11,000 )
Subdivision: St Andrews Park
BEDS
3
BATHS
2
SQ.FT.
1,206
BUILT
1987
ON SITE
172Days
MLS
1485482
Short Sale- BANK APPROVED AT LIST PRICE! Three Bedroom, 2 bathroom home with an open floor plan! There is a large master bedroom with a full bath, double closet and high ceiling. Covered porch in the...
1615 Mcguire Ct
La Grange, KY 40031
Under Contract
1615 Mcguire Ct La Grange, KY 40031
1 of 35
$95,000 ( $25,000 )
Subdivision: Pear Orchard
BEDS
3
BATHS
2
SQ.FT.
1,202
BUILT
1978
ON SITE
11Days
MLS
1495916
Hard to find 3/2 ranch in Oldham County. Spacious eat-in kitchen and living room. This is a short sale with third party approval required. Due to the nature of this sale, the home is being sold in...
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
165Days
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...
7410 Dunkirk Ln
Louisville, KY 40272
7410 Dunkirk Ln Louisville, KY 40272
1 of 13
$69,878 ( $117 )
Subdivision: Valley Village
BEDS
3
BATHS
1
SQ.FT.
1,230
BUILT
1957
ON SITE
423Days
MLS
1464770
SHORT SALE! Priced Below Tax Assessed Value! Nice, move-in ready home with a lot of space. Huge Lot! 3 Bedrooms, a full bath, large eat-in kitchen and a mud room leading to the ginormous back...
2308 Lytle St
Louisville, KY 40212
2308 Lytle St Louisville, KY 40212
1 of 10
$25,000
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
772
BUILT
1900
ON SITE
32Days
MLS
1494447
Property sold ''AS-IS''. This home is a short sale and will require bank approval.
1372 Cypress St
Louisville, KY 40211
Under Contract
1372 Cypress St Louisville, KY 40211
 
$10,000
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
520
BUILT
1966
ON SITE
146Days
MLS
1487642
Short Sale. 2 bedroom. 1 bath. House is boarded up.
Real Estate Talk

Wednesday, February 14, 2018
Louisville Real Estate Answers

Here's our radio show on 840 WHAS on February 11, 2018.  Loaded with Real Estate Questions and answers...What's happening to Real Estate? Buyer or Seller? Love Real Estate? Stay up to date on Louisville, KY Real Estate. You can listen to our ...  Read More