Property brought at auction.

[Matt L.]

BP family, What actions can you take if you have purchased a property at a foreclosure auction and your inspection reveals; water damage, termite damage, serious mechanical problems ect, and come at a large cost to fix?

[Larry Ashlock]

Matt,

If you are buying at the courthouse Master Commissioner sale in any county in Kentucky whether it be Fayette where you live or here in Hardin where I do, all MC sales are "as-is".  All MC notices of sale that I have seen, and I have attended MC sales there in Fayette County, come with a lengthy disclaimer that the MC does not in any way warrant the property. 

And you are correct they are sight unseen.  Unless you are buying a piece of vacant land you can inspect from the street, you are buying whatever is right or wrong with the property.