Frankfort FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Frankfort, Kentucky.

Featured Foreclosure Listings in Frankfort, KY

Frankfort Home Foreclosure Listing ID: 1980616

Foreclosure

Frankfort, KY - 40601

3 Bd | 2 Ba | $40,000.00

Frankfort Home Foreclosure Listing ID: 2029428

Foreclosure

Frankfort, KY - 40601

3 Bd | 2 Ba | $54,000.00

Frankfort Home Foreclosure Listing ID: 1947378

Foreclosure

Frankfort, KY - 40601

3 Bd | 1 Ba | $78,900.00

Frankfort Home Foreclosure Listing ID: 2048573

Foreclosure

Frankfort, KY - 40601

3 Bd | 2 Ba | $93,000.00

Frankfort Home Foreclosure Listing ID: 1933380

Foreclosure

Frankfort, KY - 40601

3 Bd | 1 Ba | $107,900.00

Total: 14
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
18 Photos
WALLACE AVE Frankfort KY 40601 Foreclosures 1 1 $35,899.00 Details
2
21 Photos
CRAB ORCHARD RD Frankfort KY 40601 Foreclosures 2 1 $19,900.00 Details
3
6 Photos
MEADOWVIEW DR Frankfort KY 40601 Foreclosures 6 3.5 $204,900.00 Details
4
56 Photos
GRAHAM AVE Frankfort KY 40601 Foreclosures 3 2 $87,900.00 Details
5
16 Photos
STEELE BRANCH RD Frankfort KY 40601 Foreclosures 3 2 $40,000.00 Details
6
14 Photos
HILLVIEW CT Frankfort KY 40601 Foreclosures 3 2 $54,000.00 Details
7
8 Photos
SHADRICK FERRY RD Frankfort KY 40601 Foreclosures 3 2 $93,000.00 Details
8
6 Photos
CARDWELL LN Frankfort KY 40601 Foreclosures 3 1 $78,900.00 Details
9
9 Photos
DEMERSON LN Frankfort KY 40601 Foreclosures 3 2 $10,000.00 Details
10
7 Photos
SHAWNEE TRL Frankfort KY 40601 Foreclosures 3 1 $107,900.00 Details
11
9 Photos
EDGEWOOD DR Frankfort KY 40601 Foreclosures 3 1 $70,000.00 Details
12
29 Photos
WINNERS CIR Frankfort KY 40601 Foreclosures 4 2.5 $180,000.00 Details
13
21 Photos
APPLE WAY Frankfort KY 40601 Foreclosures 3 1 $54,000.00 Details
14
6 Photos
WALLACE AVE Frankfort KY 40601 Foreclosures 3 1 $20,000.00 Details
About our Listings

How to Buy Frankfort Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Frankfort, KY starts with finding listings. By browsing Frankfort foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Frankfort, KY.

>> See more info about how to Buy foreclosures

How to Invest in Frankfort Foreclosures

How to invest foreclosure

Frankfort foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Frankfort real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Frankfort foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Frankfort foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Frankfort

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Frankfort will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Frankfort, KY. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Frankfort apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Kentucky Foreclosure Laws

Foreclosure law

In the state of Kentucky, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Kentucky are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Kentucky REO properties.

Frankfort Banks Foreclosures

Bank Foreclosure

Frankfort bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Frankfort, KY are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Frankfort bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Frankfort Kentucky to be similar to buying from an agent. Check our Frankfort bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Frankfort Government Foreclosures

Government Foreclosure

Frankfort Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Frankfort KY are another popular type of foreclosure, as are VA foreclosures in Frankfort, which are available from the Veterans Affairs Department for especially great deals. Check our Frankfort government foreclosure listings.

>> See more info about govermment foreclosures

Frankfort Pre-Foreclosures

Foreclosure

PreForeclosures in Frankfort are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Frankfort Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Frankfort Foreclosure Auctions

Foreclosure Auction

Most Frankfort foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Frankfort, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Frankfort, KY. We offer a comprehensive Frankfort foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Frankfort, Kentucky

Find Home Foreclosure Listings in Frankfort, KY

Frankfort foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Frankfort, KY and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Frankfort Kentucky, best affordable foreclosure condo in Frankfort, cheap apartments for sale, bargain foreclosed homes for sale in Frankfort, KY and earn huge savings on the homes YOU want to buy!

Our Frankfort Foreclosure Lists

You can find Frankfort foreclosure homes for sale which you can buy for living or investment. Simply click through our Frankfort foreclosure home listings to find government foreclosures and bank owned homes in Frankfort area. If you're searching for a deep discount or low prices on real estate then searching our Frankfort foreclosure lists for homes foreclosure for sale or short sale listing in Frankfort is your answer. Our up-to-date Frankfort short sale listings provide the latest investing opportunities on affordable Frankfort bank owned property listings, government pre foreclosure lists, Frankfort banrkuptcy homes and Frankfort HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Frankfort, you should have little trouble finding the cheapest deal on a foreclosed home in Frankfort, Kentucky.



Frankfort, KY

As of 2011, Frankfort's population is 27,343 people. Since 2000, it has had a population growth of -1. 35 percent. The median home cost in Frankfort is $130,200. Home appreciation the last year has been -0. 14 percent. Compared to the rest of the country, Frankfort's cost of living is 12. 00% Lower than the U. S. average. Frankfort public schools spend $4,535 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 2 students per teacher in Frankfort. The unemployment rate in Frankfort is 8. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Frankfort jobs have Increased by 1. 30 percent. Average Commute time is 18 minutes. The National Average is 28 minutes.

Peoplefrankfort, kyUS
Population27,343307,829,557
Pop Density1,82187
Pop Change-1.35%9.34%
Median Age39.136.6
Households12,515116,329,167
Household Size2.12.58
Male Population48.34%49.31%
Female Population51.66%50.69%
Married Population40.46%47.15%
Single Population59.54%52.85%
Estimated Households By Household Incomefrankfort, kyUS
Income Less Than 15k17.69%12.10%
Income Between 15k And 25k11.97%10.18%
Income Between 25k And 35k12.52%10.56%
Income Between 35k And 50k17.17%14.98%
Income Between 50k And 75k17.79%19.53%
Income Between 75k And 100k10.50%12.52%
Income Between 100k And 150k9.30%12.14%
Income Between 150k And 250k1.55%3.91%
Income Between 250k And 500k1.35%3.34%
Income Greater Than 500k0.17%0.75%
Economyfrankfort, kyUS
Unemployment Rate8.90%9.10%
Recent Job Growth1.30%-0.12%
Future Job Growth33.70%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income Per Cap$24,958$27,067
Household Income$41,675$52,954
Housingfrankfort, kyUS
Median Home Age40.935.1
Median Home Cost$130,200$175,100
Home Appreciation-0.14%-3.15%
Homes Owned49.31%59.90%
Housing Vacant10.15%10.37%
Homes Rented40.53%29.73%
Property Tax Rate$7.39$11.20
Owner Occupied Housing Units By Valuefrankfort, kyUS
Less Than 20k1.85%2.65%
20k To 399991.90%3.76%
40k To 599994.39%4.99%
60k To 799996.43%6.01%
80k To 9999914.00%7.27%
100k To 14999943.10%19.24%
150k To 19999915.82%14.67%
200k To 2999999.39%18.09%
300k To 3999991.98%9.14%
400k To 4999990.38%4.94%
500k To 7499990.25%5.42%
750k To 9999990.36%2.03%
1kk Or More0.14%1.77%
Educationfrankfort, kyUS
School Expend$4,535$5,678
Pupil Teacher Ratio14.214.9
Students Per Librarian420803
Students Per Counselor481513
2 Yr College Grad5.84%7.47%
4 Yr College Grad16.34%17.42%
Graduate Degrees10.38%10.12%
High School Grads85.98%84.72%
Crimefrankfort, kyUS
Violent Crime54
Property Crime54
Housing Units By Year Structure Builtfrankfort, kyUS
1999 To 20058.00%13.71%
1995 To 19986.91%8.54%
1990 To 19944.64%5.77%
1980 To 19898.90%13.87%
1970 To 197920.14%16.17%
1960 To 196918.87%11.70%
1950 To 195912.79%11.08%
1940 To 19496.87%6.02%
1939 Or Earlier12.88%13.15%

Table Information