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Sale Pending - REO - Foreclosure - Highview

$94,000

Photo of 8380 Grand Trevi Dr, Louisville, KY, 40228.

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Address: 8380 Grand Trevi Dr	City/ST: Louisville, KY	Zip Code: 40228
Property Type: Condo	New or Resale: Resale	Square Footage: 1618
Bedrooms: 3	Bathrooms: 2 full, 1 half	MLS# 1277099

Large 3 bedroom condo under 10 years old! Beautiful Wood floor in dining/living area, 2 car attached garage, and open common living space. Ready To movie in! For special financing and incentives, seller requests potential buyers contact Chase Loan Officer, Jason B. McPherson at (502)458-1961. All financed contract packages must include a Chase pre-approval. Property is being sold as is with no warranties expressed or implied. Seller may take several days to respond. Listing information is not warranted by seller or seller's agents.

Last Updated: 8/26/2010 9:57:31 AM

Listing Agent and Office: Jay Pitts, RE/MAX Executive Group

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Financing Your Home >Assuming a Mortgage

You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.

Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today.

Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.

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Q	The upper walls of what famous holy temple are lined with gold?
A	The Golden Temple in Amritsar, India is the most sacred temple and spiritual center of the Sikhs.
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Jay Pitts, REALTOR�, real estate agent and broker for Louisville, St. Matthews and Middletown, Kentucky home listings, property and land for sale - NUMBER1EXPERT

Jay Pitts
RE/MAX Executive Group
101 N 7th St
Louisville, KY 40202
Office: 502-561-3481
Cell: 502-572-0186
Fax: 866-741-0673
JayPitts@NUMBER1EXPERT.com
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