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Distressed & Off-Market · KY · TN · IN

How to Find Off-Market Distressed Deals
Before the Estate Sale Hits Public.

Estates, divorces, tax sales, and busted owner-financed notes — Tom takes the call the MLS will never see.

Distressed land moves on relationships, not listings. When an estate goes to probate, a tax sale lands on the courthouse steps, or a contract-for-deed goes sideways — the seller is usually trying to solve a problem fast. Tom Claycomb has been the phone call inside those situations for four decades. Most of the deals never reach the public market.

43
Years Active
Off-MLS
Almost All
Discount
Documented
Cash
Preferred

Six Situations Tom Actually Closes.

Most agents won't touch distressed land — too messy, too slow, too much family drama. Tom built his career on the deals everyone else dropped.

Reason 01

Probate & Estate Sales

Land tied up in probate often sells well below market — but only if the buyer can navigate executors, attorneys, and heirs. Tom has run dozens of these to close.

Reason 02

Divorce Property Splits

Court-ordered land sales move on a timeline the parties can't control. Tom presents fair cash offers that satisfy both sides without dragging the divorce out further.

Reason 03

Tax Sale Properties

Kentucky, Tennessee, and Indiana each handle tax sales differently. Tom has cleared title on tax-sale acquisitions in all three states and knows the redemption windows cold.

Reason 04

Busted Owner-Financed Notes

When a contract-for-deed buyer stops paying, the seller is stuck. Tom buys the note, takes the land back, or arbitrates a sale — turning a problem into a closed deal.

Reason 05

Bank-Owned (REO) Land

Land sitting on a bank's balance sheet costs them money. Tom maintains relationships with the asset-management desks at most regional banks across the tri-state.

Reason 06

Out-of-State Absentee Owners

Inherited land 12 hours away from the heir is a maintenance problem. Tom reaches out, makes a fair cash offer, and closes through mail-and-wire — heir never has to fly in.

43 Years. 15,000+ Deals.
One Operator.

15K+
Closed Deals
$1B+
Total Volume
43
Years Active
Tri-State
Coverage

My uncle's estate had a 38-acre tract in Hardin County. We're in Phoenix — no way to deal with it from out here. Tom handled the executor calls, made a clean offer, and closed in under a month. Wire hit the day after recording.

Out-of-state heir

Four Steps. Discreet, Direct, Done.

01

Email Tom the Situation

Estate, divorce, tax sale, busted note — describe it in plain language. Reply inside 24 hours.

02

Tom Reviews Title & Comps

Quick title pull and comp set. Tom comes back with a written offer range.

03

Site Visit (if needed)

Many distressed deals close without a site visit. For larger or more complex tracts, Tom walks the land in person.

04

Cash Close

Cash purchases close in 14-30 days. Notes, exchanges, and contract assignments handled when they fit.

Straight Answers
on How This Works.

I'm an executor — do I need probate to be open first?

Most distressed land sales require an open probate estate with letters testamentary. Tom can introduce you to estate attorneys in any of the three states if that's not yet in place.

Do you buy land directly or just represent buyers?

Both. Tom routinely buys distressed land for his own account or for affiliated partnership entities — and also represents outside buyers looking for distressed inventory. He'll tell you which path fits your situation on the first call.

How quickly can you close a tax-sale property?

Cash close inside 14-21 days once title is clear and the redemption window has closed. Properties still inside redemption need to wait — Tom flags the timeline on day one.

Are you looking for distressed land for your own portfolio?

Yes. Tom regularly buys distressed tracts to renovate, subdivide, or resell with owner financing. If you have land you need to move, the call is worth making.

Do you handle bank-owned (REO) land?

Yes. Tom maintains direct relationships with the asset-management desks at most regional and community banks across KY, TN, and IN.

What about title issues — clouded chains, unrecorded heirs?

Tom has cleared dozens of clouded titles via quiet-title actions and heir-search affidavits. Won't say it's quick, but it's solvable in most situations. He works with title attorneys who specialize in distressed land.

Got a Distressed Land Situation? Email Tom.

Estate, divorce, tax sale, busted note, REO — describe it in one paragraph. Tom replies inside 24 hours with a written offer range or honest reason why he can't help.

Agency DisclosureClassic Land Realty LLC is a licensed real estate entity. Thomas Claycomb is a licensed Realtor in Kentucky (KY License #215294) with eXp Realty (eXp Realty in Heart of Kentucky, 2303 Hurstbourne Village Dr. Ste 300, Louisville, KY 40299). Properties listed on this site as “Owner Financed” are owned by affiliated partnership entities in which Thomas Claycomb may have an ownership interest. The specific seller-of-record for each parcel is identified on that parcel's detail page. Traditional MLS listings represent third-party sellers and are subject to all applicable Fair Housing and KREC requirements.
IDX DisclosureMLS listings displayed on this site are provided through an Internet Data Exchange (IDX) feed licensed from the applicable Multiple Listing Service. Listing information is deemed reliable but not guaranteed. Properties marked with the IDX logo are listed by brokerages other than eXp Realty and are displayed in compliance with KREC, Tennessee REC, and Indiana REC IDX rules. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.