For Sale By Owner, FSBO, FiSBO to Avoid Foreclosure in Shelby County, KY

Real Estate Agent with Keller Williams Realty Louisville East (502) 664-7827

Sellers who are “upside down” often try to sell their house by themselves through various FSBO methods. However, a short sale with a Realtor can usually get the house sold even if the seller can’t afford to pay a Realtor commission.

“Upside down” or “underwater” means there is more owed on the house than the house is worth. Lenders understand that sellers are upside down on their mortgage and they encourage short sales.

In a short sale, the lender accepts an amount SHORT of what is owed so the seller can avoid foreclosure.

Who Pays the Commissions and Closing Costs? Answer: The Seller’s Lender

The seller’s lender DOES NOT WANT TO FORECLOSE. It is too risky and costly for the lender. The lender does not want to own the house, they would rather settle and take what they can, even if they have to pay the seller’s closing costs and commissions.

Since the lender pays the Realtor commissions, selling For Sale By Owner, FSBO, or FiSBO unnecessarily causes the seller to scramble on their own instead of putting a short sale expert Realtor on their side to do all the work and get it done.

In Oldham County, call Dave Halpern at (502) 664-7827 for a free and friendly conversation about the benefits of a short sale and how it works.

Cities in Shelby County include:

Ballardsville, Belknap Beach, Brownsboro, Buckner, Cedar Point, Centerfield, Crestwood, Demplytown, Floydsburg, Fraziertown, Glenarm, Goshen, Greenhaven, Harmony Lake Estates, Harmony Village, La Grange, LaGrange, Liro, Oldham, Oldham Acres, Orchard Grass Hills, Park Lake, Pewee Valley, River Bluff, Rollington, Skylight, Westport, Bagdad, Chestnut Grove, Christianburg, Clay Village, Conner, Consolation, Cropper, Defoe, Elmburg, Figgs, Finchville, Graefenburg, Harrisonville, Hatton, Hemp Ridge, Hooper, Jacksonville, Joyes, Junte, L S Park, Lincoln Ridge, Middletown Heights, Montclair, Mulberry, Old Christianburg, Olive Branch, Peytona, Pleasureville, Raymond Hill, Shelbyville, Simpsonville, Southville, Todds Point, Veachland, Veech, Veechdale, Waddy

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Dave Halpern, Realtor

The Dave Halpern Real Estate Group

Keller Williams Realty Louisville East


(502) 664-7827



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