Louisville KY Foreclosures for Sale

If you are looking for a home in the Louisville area you might consider purchasing a property that was in foreclosure.  While not for everyone, if you do some research, ask the right questions and seek professional advice, foreclosure properties can give you some real bang for your buck.

Here are some ideas to help you guard your investment before you buy a property that came onto the market due to foreclosure:foreclosure properties in Louisville KY

Foreclosure properties in Louisville take time get listed on the market.  If you see a home that interests you and it appears to be unoccupied, check with your real estate professional to see if it is available. If it is in a foreclosure process, it may be some months before the property is listed on the market. Once the sale is advertised, your work begins. If a home was in foreclosure, compare the property value to others in the area. Is the listing price favorable? If so, you can schedule an appointment to see the home.

 If you really like what you see and would like to place an offer on the home, consider hiring a certified home inspector to carefully assess the condition of the property. A successful home inspection can be made a condition of your sale offer. This is important, because if the previous owner was under financial pressure, he/she may not have properly maintained the home. Getting a home inspection report can save you save you nightmares later.

One other safeguard you may be able to put into place on a foreclosure property is a home owner’s warranty.  Often this can be made a condition of the sale and requires the owner to purchase one year of home owner warranty coverage at their expense. That way, if the unexpected happens you are facing a small deductible, not a major repair.

In today’s market, foreclosure properties can offer an incredible value if you do the research and take the time to guard your investment before you buy.

Search Foreclosures

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

7 Properties
5
Beds
2
Baths
3,400
Sq.Ft.
1920
Year Built
52
Days on Site
1528092
MLS
Price increased due to Basement Being Dugout, plumbing work being conducted. OWNER/BUILDER CAN BUILD TO SUIT AND OWNER FINANCING AVAILABLEINVESTOR OPPORTUNITY - THIS HOME WAS A DUPLEX AND HAS BEEN...
$222,775
Subdivision: Wilke Ridge
3
Beds
2F11/2
Baths
2,391
Sq.Ft.
2015
Year Built
162
Days on Site
1520902
MLS
3 bedroom, 2.5 bath two story home. Bank owned foreclosure, sold as-is. Home is only three years old. Square footage is not warranted. Buyer is responsible for de-winterization for any inspections.
$132,500
Subdivision: Shelby Pointe
2
Beds
2
Baths
1,226
Sq.Ft.
1987
Year Built
38
Days on Site
1529252
MLS
Offers wanted! Location & a great price on this 2 bedroom 2 bath condo w/ Granite & Great natural light. Some work needed. Bank Owned Property Sold AS-IS with no warranties expressed or implied. All...
3
Beds
1
Baths
1,671
Sq.Ft.
1965
Year Built
190
Days on Site
1519305
MLS
Acreage! This property needs more than TLC, it's an investor special. -Fire damage- The floors feel firm and the walls are mostly intact. The lot is nearly 3 acres with a beautiful treed back...
$85,000
Subdivision: Greenwood Villa
2
Beds
1
Baths
1,007
Sq.Ft.
1918
Year Built
25
Days on Site
1530537
MLS
Great investment or flip opportunity in Pleasure Ridge Park area. House needs repairs and will not qualify for FHA/VA financing. Two bedroom one bath house with 1 car detached garage and carport....
Under Contract
3114 Valleyside Ct Louisville, KY 40214
$63,000
Subdivision: Cardinal Oaks
3
Beds
2
Baths
1,080
Sq.Ft.
1975
Year Built
36
Days on Site
1529375
MLS
Bank owned, selling ''AS IS'' . Seller prefers property to be listed 10 days before responding to offers. Lots of potential. Make an appointment to see!
1
Beds
1
Baths
1,344
Sq.Ft.
1921
Year Built
57
Days on Site
1527652
MLS
Bank owned, selling ''AS IS''. Seller prefers property to be listed 10 days before responding to offers. Lots of potential. Make an appointment to see.
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