Can I sell my Frankfort house before foreclosure?

How we can help before the sale

In Frankfort and Franklin County, we buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us. Tell us what you know about the house, the loan, and the date on your notice. We give written cash offers in 24 hours, and you can review the written offer and terms before you commit.

Our agreement of sale will often get a master commissioner's sale postponed so we can close. Signing alone doesn't postpone it automatically; we use the agreement to ask for the postponement, and it works more often than people think. We review the title and payoff details with the title company while that request is considered.

Kentucky mortgage foreclosure and sale timing

Kentucky mortgage foreclosures go through circuit court. The lender files a lawsuit; if it wins a judgment, the court orders the house sold at a public auction run by the master commissioner. Under Kentucky Supreme Court Order 2024-40, AP Part IV, the commissioner generally must hold the sale within 90 days after the case is referred. Two disinterested people appraise the house first, and the sale is advertised at least once, 7 to 21 days before the auction. The court must confirm the sale before the buyer gets a deed.

If the house sells for less than two-thirds of its appraised value, KRS 426.530 gives the owner six months to redeem by repaying the sale price, plus 10% interest and certain costs. The dates in your case papers and sale notice are the ones to check for your property.

Mortgage foreclosure is different from a tax sale

A mortgage foreclosure is a lender’s lawsuit over the mortgage. A notice about unpaid property taxes concerns a different sale process, with its own notice and dates. Don’t treat a tax-sale deadline as a mortgage-foreclosure deadline, or assume the agreement request for a master commissioner’s sale changes a tax notice. Check the specific notice and contact information for the sale you are facing.

What happens next

1. Call or send the Frankfort property address and tell us what date appears on your court papers or notice.
2. We review the house as-is and give you a written cash offer within 24 hours.
3. You see the written terms before you decide whether to sign.
4. If you choose to proceed, we work with the title company on title details, lender payoff, liens, and communicating with the master commissioner about the agreement.
5. The title company handles the closing process; the court’s sale date and any required order still need to be confirmed.

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. When you sell to us, we pay the closing costs, including the Kentucky real estate transfer tax. Mortgage balances, liens, back taxes, and your share of current property taxes are separate from that closing-cost promise.

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.

Franklin County offices and sale information

Use your case papers and official sale notice for the property’s current court date. For county office contact information, see the Franklin County Clerk. The Franklin County Sheriff’s Office is another official local office site. These general office links do not replace the date and instructions on your own notice.

Read the state rules for master commissioner sales and the statute on newspaper advertising of judicial sales, KRS 426.560.

Questions about selling before foreclosure

Compare a possible cash sale with your other options using the Frankfort home sale net proceeds calculator. It can help you compare estimated proceeds from a sale; it cannot predict the payoff or result for a specific property. You can also visit the Frankfort seller page for more local information.