Foreclosure notice of default in KY– what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

What is a Pre-Foreclosure in Louisville?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Louisville anyway? Many homeowners across America and Louisville KY are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution … Continued

How to Avoid Foreclosure in Louisville

While the housing market is rebounding, many people in Louisville] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued

Short Sale vs Foreclosure – What’s the Difference in Louisville?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Louisville, KY? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

How to Stay in My Home After Foreclosure in Louisville

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in KY

Understanding the foreclosure process in KY is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in KY What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Louisville KY?

Do you have a Louisville KY house that’s in foreclosure right now? Many people going through the KY foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued

Cash for Homes in Louisville Buyers – Will I Get A Fair Price?

Time and money are crucial factors when you are selling your home. If you need to sell your Louisville house fast… there are local professional home buying companies who pay cash for homes in Louisville Kentucky. Let’s dive into how you can sell your local Louisville house fast and get cash for your house in … Continued

Who can buy my home with cash in Louisville KY?

Selling a home in this tough economy is no walk in the park. If you are facing a foreclosure, then chances are you are grappling with the question, “who can buy my home with cash in Louisville?” Well, fret not! There are several options that you can explore when putting your home up for fast … Continued

Who are the cash house buyers in Louisville Kentucky?

You’ve seen the “we buy houses in Louisville” and “cash for houses” signs all around town when you’re driving around… even in other cities across KY… so who are these cash house buyers in Louisville KY?  Are they legit? How does it work?  Who should I trust? We’ll dive into these questions here in this … Continued

What is Market Value vs Assessed Value in Louisville

When it’s time to sell your Louisville KY home, there can be some confusion when determining the value. If you REALLY want to know what it is worth, you can pay to have an appraisal done. An agent should be able to provide you with detailed CMA reports, letting you know what is going on … Continued

How To Sell Your Home Quickly In Louisville, KY

Real estate markets fluctuate — sometimes they are really hot and there are so many buyers that sellers will list a property and it gets snapped up the same day. Sometimes markets are kind of soft, which means a house might stay on a listing for weeks or even months without getting any offers! Homeowners … Continued