I peruse the auction listings in my county and see they require the property to be paid in full by the end of the business day if you are the winning bidder.  

Offers must include BOA OR Merrill Lynch Prequal Letter,Earnest Money Check,and Proof of Funds.Allow Seller 2-3 Business Days to Respond.Please see attached agent instructions for additional information.

No compensation will be paid to our tenants, the appraiser will get the info they need, the lender has accepted this as an appropriate route.After 3 business days I think this was the best outcome we could have reached, given current circumstances.

Here is how most work:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

To 10 business days; can finance the rehab.

Just a quick simple way to do it. 1. sign a 1 page purchase agreement for all cash and a 60 business day close, your name/and or assigns.

Possibly a 10 business day satisfactory inspection clauseI don't want a bunch of "out" clauses - your thoughts?

I was recently offered this...Terms are flexibleJohnInterest Rate: 5.5% (Buy and Hold), 8.5% (Fix and Flip), Cashout/Refi (4.5%) Purchase 90%, rehab 100%, Origination Cost: 3pts, 10% Down Payment, Two (2) phase drawsJohnNO FICOClosing 7-10 business days, 1-30 years, Asset-based, Interest-only paymentJohn. 

I fax all this stuff in same day, they say we got it, power will be back on in 3 business days or less.

What gets wiped out in a tax deed auction in one state, may not get wiped out in another.The California Code that deals with tax deeds falls under the Revenue & Taxation Code (Division 1).In answer to your other questions, in California, the right to redeem (pay the taxes owed) on a property ceases at the close of business on the last business day PRIOR to the tax sale.