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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7615 Heavens Estates Way
Louisville, KY 40291
7615 Heavens Estates Way Louisville, KY 40291
1 of 36
$799,900
Subdivision: Heaven Estates
BEDS
7
BATHS
6
SQ.FT.
7,497
BUILT
1999
ON SITE
16Days
MLS
1507798
Sold As-Is. Short Sale. Grand entry with hardwood floors, and signature features. This 7 bedroom, 5.5 bathroom beautiful home sits on 9 acres and features manicured grounds, an in-ground pool, a...
2819 Winterhaven Rd
Louisville, KY 40220
Under Contract
2819 Winterhaven Rd Louisville, KY 40220
1 of 30
$150,000
Subdivision: Four Seasons
BEDS
3
BATHS
3
SQ.FT.
2,340
BUILT
1984
ON SITE
60Days
MLS
1503795
This is a short sale and subject to third party approval.
7502 Cove Dr
Louisville, KY 40291
7502 Cove Dr Louisville, KY 40291
1 of 21
$150,000
Subdivision: Cedar Creek
BEDS
3
BATHS
2
SQ.FT.
1,471
BUILT
1973
ON SITE
33Days
MLS
1506441
Investor special, needs TLC, great for a flipper or rehab loan. This three bedroom, 2 bath home is on a pretty street but needs your attention and work to bring it back to a productive life. Bones...
9414 Garden Dr
Louisville, KY 40299
9414 Garden Dr Louisville, KY 40299
1 of 22
$145,000
Subdivision: Charlene Gardens
BEDS
3
BATHS
2
SQ.FT.
1,844
BUILT
1961
ON SITE
5Days
MLS
1508853
Short Sale. Dear Realtor: Please see important instructions in the Agent Notes section. 3 bedrooms, 1.5 bath, bi-level in J-Town. Large kitchen and dining area combo. The current office room could...
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
175Days
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....
4300 Blue Sky Ct
Louisville, KY 40216
4300 Blue Sky Ct Louisville, KY 40216
1 of 2
$114,400
Subdivision: Sunshine Meadows
BEDS
3
BATHS
2
SQ.FT.
1,485
BUILT
1959
ON SITE
28Days
MLS
1506733
This is a short sale, subject to Lender approval! 3 bedroom, 2 full bath home on a corner lot and double cul-de-sac? Per seller, hardwood floors are beneath the carpet in the front room, bedrooms,...
434 Tara Cir
Shepherdsville, KY 40165
434 Tara Cir Shepherdsville, KY 40165
1 of 23
$112,000 ( $22,000 )
Subdivision: Bratcher Estates
BEDS
3
BATHS
2
SQ.FT.
1,309
BUILT
1996
ON SITE
174Days
MLS
1494363
Investors! The home needs cosmetic work. The roof leaked and has been repaired, except for a roof cap. Three bedrooms and two full baths with open floor plan and vaulted ceil in living room. New...
5406 Chestnutwood Way
Louisville, KY 40272
5406 Chestnutwood Way Louisville, KY 40272
1 of 24
$99,500 ( $2,500 )
Subdivision: Leemont Acres
BEDS
3
BATHS
1
SQ.FT.
1,050
BUILT
1972
ON SITE
36Days
MLS
1505996
Welcome home to Chestnut Woodway located on a quiet cul-de-sac in the Fairdale neighborhood. Three bedroom one bath with new carpet in the bedrooms. includes a separate garage with a storage shed...
5619 Bradbury Ave
Louisville, KY 40258
5619 Bradbury Ave Louisville, KY 40258
1 of 5
$89,950
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
825
BUILT
1957
ON SITE
14Days
MLS
1507920
***SHORT SALE*** Take advantage of this great opportunity, 2BR Brick Ranch, 2.5 Car Garage, huge lot, this house is last house located on a ''dead-end'' street, min traffic, conveniently located in...
7902 Naples Rd
Louisville, KY 40219
Under Contract
7902 Naples Rd Louisville, KY 40219
1 of 18
$89,900
Subdivision: Heather Ridge
BEDS
3
BATHS
2
SQ.FT.
1,312
BUILT
1972
ON SITE
50Days
MLS
1504605
Short Sale.
1214 Fern St
Louisville, KY 40204
1214 Fern St Louisville, KY 40204
 
$69,999
Subdivision: Irish Hill
BEDS
1
BATHS
1
SQ.FT.
841
BUILT
1900
ON SITE
4Days
MLS
1509008
Investor special. This property has been cleaned out, demoed and is ready to be renovated. Better than an REO, bank owned, foreclosure or short sale. This property is being sold AS IS.
7407 Arapaho Dr
Louisville, KY 40214
7407 Arapaho Dr Louisville, KY 40214
1 of 9
$65,000
Subdivision: Iroquois Hills
BEDS
3
BATHS
2
SQ.FT.
2,502
BUILT
1965
ON SITE
1Day
MLS
1509091
Short sale! Bank must approve price. Great bi-level that needs TLC in a great neighborhood! 3 bedroom, 1.5 baths. Fenced in backyard. Agents please read agent notes. To be considered, ALL offers must...
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