Corbin, KY › Foreclosure
Can I sell my Corbin house before foreclosure?
Yes. You may still be able to sell before the auction if the mortgage can be paid off from the sale in time. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us. You get a written offer and written terms before you commit, and we close through a title company.
Call 888-274-5006We answer 24/7 at 888-274-5006.
How we help you work toward closing
If you choose to move forward, we work with the title company on ownership, the mortgage payoff, liens, and closing requirements while we work toward closing. We If a master commissioner's sale is scheduled, tell us the date right away so we can try to close before it.
Keep following the scheduled sale date until the master commissioner or court confirms a postponement.
Kentucky mortgage foreclosure and tax sales are different
A mortgage foreclosure is a lender’s lawsuit in Kentucky circuit court. If the lender wins a judgment, the court orders a public auction run by a master commissioner. A county tax sale concerns unpaid property taxes and follows separate notices and deadlines; a mortgage-case date does not set a tax-sale deadline.
Under the court rules, the master commissioner generally holds the sale within 90 days after the case is referred. Two disinterested people appraise the house first, the sale is advertised at least once 7 to 21 days before the auction, and the court must confirm the sale before the buyer receives a deed. The 90 days run from referral, not from a missed payment. Your case papers show the dates for your case.
If the sale price is less than two-thirds of the appraised value, the owner can redeem the house within six months by repaying the sale price plus 10% interest and certain costs. Read KRS 426.530 on redemption, KRS 426.560 on sale advertising, and Kentucky Supreme Court Order 2024-40, master commissioner sale rules. These are mortgage-foreclosure rules; use the dates on a tax-sale notice for that separate process.
If the payoff is the problem
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
A title company can review the current mortgage payoff and liens with the other closing details. If back taxes or liens are involved, You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.
Your mortgage balance and share of current property taxes are separate from back-tax and lien payoffs.
What happens next
- Call or send us the Corbin property address and scheduled sale date.
- We review the house as-is and give you written terms before you commit.
- If you choose to proceed, the title company reviews title, payoff details, liens, and closing requirements.
- Close as fast as 7 days when title and closing details allow.
- When you sell to us, we pay the closing costs, including the Kentucky real estate transfer tax. No agent commissions when you sell to us. No fees. Your mortgage payoff, liens, back taxes, and share of current property taxes are separate settlement items.
It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.
Local court and tax contacts
Corbin includes parts of Knox, Laurel, and Whitley counties. Not sure which county handles your property? Call us — we'll sort it out with you. For a scheduled auction, follow the sale notice and contact the master commissioner named in the case.
- Kentucky Court of Justice — Knox County
- Kentucky Court of Justice — Laurel County
- Kentucky Court of Justice — Whitley County
For county property-tax contacts, use the Kentucky Revenue local-official directory. For City of Corbin property-tax questions, contact the City Collector’s Office.
Questions and next steps
Compare possible proceeds with the Corbin home-sale net proceeds calculator. It is a planning estimate, not a property-specific offer or payoff figure.
You can also Read our Google reviews.
Corbin foreclosure questions
Is a property-tax sale the same as a mortgage foreclosure?
No. A mortgage foreclosure is a lender lawsuit in circuit court. A property-tax sale concerns unpaid property taxes and has separate notices and deadlines. Follow the notice for the sale you are facing; a request about a master commissioner’s mortgage sale does not change a tax-sale date.
What if my mortgage payoff is more than my Corbin house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before. A title company can review the current payoff and other amounts due as part of the closing work.
Can I redeem a Kentucky house after a foreclosure sale?
If the house sells for less than two-thirds of its appraised value, Kentucky law lets the owner redeem it within six months by repaying the sale price plus 10% interest and certain costs.
Talk with us about the Corbin property
Call 888-274-5006 or send us the property address and sale date.
We give written cash offers in 24 hours.
Takes 2 minutes. No obligation.