Can a house be sold while in probate in Louisville, KY?

Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not. Whatever is the situation, the property … Continued

What happens when you inherit a house in Louisville, KY?

Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in KY? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued

What is a short sale and how does it benefit you in Louisville, KY?

What is a short sale and how does it benefit you here in Louisville? If you’re thinking that question about yourself… great question! In this article, we’ll dive into that question so you as a Louisville, KY homeowner can tell what your options are during foreclosure or just if your home mortgage is underwater. What … Continued

How to Avoid Foreclosure in Louisville

While the housing market is rebounding, many people in Louisville, KY 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 … 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, KY.

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