Home foreclosure is a growing problem in communities across the nation, and in neighborhoods throughout the Louisville area. Foreclosure hurts families who lose their homes, it hurts neighborhoods and it hurts our entire community.

While only certain homeowners will be able to take advantage of this alternative, it may be your best option because it keeps you in your home and typically results in the least damage to your credit.

This is the fastestgrowing foreclosure alternative. Many lenders will allow a Short Sale, when the home sells for less than the amount of the loan. This is attractive for lenders because they lose less money than in a foreclosure.