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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: When to Start Repairs? Posted by Bill H on March 02, 2010 at 9:00 AM In Reply to: When to Start Repairs? posted by D.D. on March 02, 2010 at 6:24 AM : Greetings, and thanks so much for this forum, and thanks to the many contributors. : Purchased California home at auction that is NOT occupied and will require a fair amount of work (20K). I did see one comment by searching archives, but would appreciate knowing the conventional wisdom on whether to commence work prior to receiving the trustee's deed, or not. : And, if I may, what are you currently experiencing in terms of wait period for receiving the trustees deed and would Trustee Corps turn it over earlier if I were to travel to Irvine? : Wishing you much success, : D.D. Be CERTAIN there is no IRS Lien attached. It is NOT wiped from title and the IRS has an automatic 120 day right of redemption and if you do repairs and they redeem, you lose your repair $$. Wait it out or get it removed. Good Luck, Bill H Follow Ups: Order a 'pre-lim' ASAP bukzin 4:50 PM, 03/02/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Greetings, and thanks so much for this forum, and thanks to the many contributors. : : Purchased California home at auction that is NOT occupied and will require a fair amount of work (20K). I did see one comment by searching archives, but would appreciate knowing the conventional wisdom on whether to commence work prior to receiving the trustee's deed, or not. : : And, if I may, what are you currently experiencing in terms of wait period for receiving the trustees deed and would Trustee Corps turn it over earlier if I were to travel to Irvine? : : Wishing you much success, : : D.D. : Be CERTAIN there is no IRS Lien attached. It is NOT wiped from title and the IRS has an automatic 120 day right of redemption and if you do repairs and they redeem, you lose your repair $$. Wait it out or get it removed. : Good Luck, : Bill H [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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