Legal Question in Real Estate Law in Kentucky

purchase of house at court auction

We purchase a house on the 'steps of the court house looked good, however we found out later the basement is full of water and mold throughtout the house. I believe we can't get a loan on it. Is there anyway to get out of this and not lose our deposit? We have not paid anything yet or signed any papers.


Asked on 3/18/03, 9:13 am

1 Answer from Attorneys
Philip Owens Philip M. Owens, Attorney at Law

Re: purchase of house at court auction

If this was a commissioner's sale, it is final. No warranties or refunds, it is sold as is. It should have been advertised for three week prior to the sale.

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Answered on 3/18/03, 10:55 pm


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