FEDERAL HOMES PUBLIC PORTAL

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Where does the property information come from?

The data contained in the Kentucky FederalHomes.com Database comes directly from the lending institution that foreclosed the Kentucky mortgage or trust deed relating to that property. We do not solicit real estate agents, brokers or Realtors for property listings.

Kentucky property information sources include: banks, mortgage companies, insurance companies, credit unions, savings & loans, auction companies, asset management groups, consumer finance organizations, FDIC, SBA, GSA, HUD, VA, Fannie Mae, Freddie Mac and various housing authorities.

How is the Kentucky listing information collected?

FederalHomes.com is constantly receiving foreclosed Kentucky property information from lender sources. The listing information is received manually and electronically. New properties are entered into the Kentucky database and sold properties are removed. We do not maintain any foreclosure information in Kentucky reported more than 60 days ago.

Almost every lender has different methods of reporting distressed property information. This is also true for government and state agencies and local housing authorities. Some report new information daily, some weekly, and some monthly.

Are these properties available now?

The Kentucky properties listed in the FederalHomes.com database have been through the auction process and are owned by the foreclosing lender. These properties are now available directly from the lending institution and/or its marketing agent. Contact information for the lender and its agent, along with detailed property descriptions are available to members of FederalHomes.com.

What types of Kentucky properties are contained in the listings?

Lenders foreclose mortgages and deeds to every type of real property imaginable. This includes: Residential, Commercial, Industrial, Land, even Golf Courses and Theme Parks.

Property Types include: single family homes, town homes, condos, co-ops, multi-family units, rental & income properties, apartment buildings, offices, hotels, motels, retail, restaurant, mobile homes, vacant land, and more.

What details are included with the listings?

Some lenders report more detailed information about their property listings, some report less. We tell you everything the lender told us about the property, nothing is held back.

Kentucky listing details include: state, county, city, address, asking price, listing agency, listing agency contact name, listing agency phone number, agent contact, agent phone number, property type, size/square footage, bedrooms/bathrooms, year built, number of acres, comments and more.

How often is the database updated?

Our Kentucky database is updated every Monday (excepts holidays). The properties have been reported as "available" from the foreclosing lender within the last 60 days.

How do I find the Kentucky properties I want?

All Kentucky foreclosure listings in the FederalHomes.com database are organized by State, then County. Each County displays foreclosure listings by City, alphabetically. Single Family Residential listings are displayed first by City, with the newest bank owned properties listed first, followed by the newest government property listings.

Kentucky Multi-Family Units and Commercial listings are also displayed by City, alphabetically, and follow the Single Family Residential listings in each county. Commercial properties are sorted and displayed just like the Single Family Residential listings.

What does "Resid" and "Resid Unit" mean?

Sometimes the foreclosing lender doesn't tell us whether the property is a single family home, a town home, condo or co-op, but we do know that the property is a "Residential Unit," as compared to a Commercial, Industrial or Agricultural property. When we are certain the property is a "Residential Unit," we label the property, "Resid" or "Resid Unit." This can apply to Single Family and Multi-Family properties.

How accurate is the Kentucky database?

Some lenders are less timely with their data, and thus less accurate in the reporting of their foreclosed property inventory. This is especially true for many government agencies.

We estimate that 15%-20% of the database listings are under contract or sold at any given time. This produces and Availability Rate of 80%-85%, the highest and most accurate in the industry. As all of our information comes directly from the foreclosing lenders, we are solely reliant on their ability to deliver timely property listings and information.

Are there any restrictions for Members of the database service?

Your membership enables you to access the FederalHomes.com database 24 hours a day, 7 days a week with no restrictions on the number of times you access the listings or length of time spent on the web site.

When you become a member of the FederalHomes.com Kentucky database service, you agree not to disclose your Member I.D. Number to others. You also agree not to distribute the information contained in the FederalHomes.com database service to any person or organization, by any means, for any reason.

What is FederalHomes.com's privacy policy?

We appreciate your business and your privacy. We will not sell your personal information to any outside organization. All information is kept securely, and completely confidential.