Kentucky Foreclosures - 12,089 Foreclosure Listings

Foreclosure Homes in Kentucky

There are currently foreclosed homes listed in Kentucky. Why should you consider buying a foreclosure property in Kentucky? To save money, of course! That’s right, purchasing a foreclosed home can save you as much as 50 percent or more on the final sale price of a distressed deal in Kentucky when compared to a traditional single-family house. We’ve also got awesome deals on top of incredible foreclosure deals, from rent-to-own homes, short sales and preforeclosures in Kentucky, as well as bankruptcy filings and government-owned foreclosure listings such as HUD, Fannie Mae and Freddie Mac, among others. Just select the county in Kentucky that you want to look for a property below. Then search through all distressed real estate listings in Kentucky for the amazing deal that’s right for you.

Kentucky Foreclosure Laws

In Kentucky, foreclosures are generally handled through the courts in a judicial process. Loans are commonly secured by mortgages. Court involvement usually makes the process slower and it can take a significant amount of time to complete. Deficiency judgments are often allowed when the sale does not pay off the full loan balance.

Foreclosure Type Process

Judicial
Mortgage Instrument Security Type

Mortgage. Deeds of trust are uncommon.
Typical Timeline Duration

6-12+ months
Deficiency Judgment

Deficiency judgments permitted
Redemption Period Owner Rights

Redemption often 6 months.
Process Summary

Kentucky foreclosures are judicial. The court oversees the process, and the sale is conducted by a master commissioner.
Notice / Timing Statute

Kentucky Revised Statute § 426.005 et seq. (judicial foreclosure process)
Redemption Statute(s)

Kentucky Revised Statute § 426.530 (redemption period if deficiency pursued)
Deficiency Statute(s)

Kentucky Revised Statute § 426.005 (deficiency allowed after foreclosure sale)

How to Buy a Foreclosure in Kentucky

In Kentucky, find foreclosure opportunities through county sheriff sales, MLS, and court records. Kentucky foreclosures are judicial; understand redemption and notice requirements. Have financing available at sale time. Conduct title review and inspect property condition. Attend the sheriff' sale and follow official procedures to secure title.

What type of foreclosure is used in Kentucky?

The type of foreclosure in Kentucky is Judicial

Is there a redemption period in Kentucky?

Redemption often 6 months.

Are deficiency judgments allowed in Kentucky?

Deficiency judgments permitted in Kentucky

How do you buy a foreclosure in Kentucky?

In Kentucky, find foreclosure opportunities through county sheriff sales, MLS, and court records.