Fayette County, Kentucky master commissioner sales

DeedHound compiles them from the official list published at https://faycom.info/upcoming/, refreshed daily. Always confirm with the official legal notice.

Kentucky law does not set a fixed minimum bid. But if a court-ordered sale brings less than two-thirds (2/3) of the court appraisal, the former owner can buy the property back (redeem it) within six months of the sale by repaying the price plus 10% a year interest and certain costs (KRS 426.530). Buyers who want to avoid that risk bid at least 2/3 of the appraisal. Source: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=45200

The Jefferson and Fayette commissioners' published terms: pay cash, or pay a 10% deposit at the sale and post a bond for the balance, which is due within 30 days with interest (KRS 426.705 bond). Check each sale's official notice. Source: https://faycom.info/upcoming/

In Kentucky, foreclosure sales ordered by the circuit court are held by the court's Master Commissioner, not the sheriff. Jefferson County sales are held at the Hall of Justice in Louisville; Fayette County sales at 120 North Limestone in Lexington unless held online. Source: https://www.jeffcomm.org/