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Posts from August 18th, 2020

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By Katie Wainman | August 18, 2020

When a home is in foreclosure, it means that the bank that lent the initial mortgage now owns the home. A home can be in foreclosure for a few different reasons, such as the owner being unable to make mortgage payments or maintenance issues that are too expensive to repair and make a home unlivable. For buyers, it is important ot become familiar with the foreclosure process, as it can differ quite a bit from purchasing a regular home. Here is what you need to know about foreclosures:

Pricing:

Foreclosures are generally listed at a lower price than other homes for sale in an area. This is what often brings the appeal to buyers and. can be a...

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 3:24:28 AM EST) or Southern Kentucky MLS (last updated Fri 04/17/2026 9:54:34 PM EST) or SCKY MLS (last updated Fri 04/17/2026 10:12:39 PM EST). Real estate listings held by brokerage firms other than CRYE-LEIKE Executive Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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