The estate resolves its own expenses and can't require parties outside the estate to pay into it to resolve the estate's debts.It is correct that she as an individual cannot take the assets, but she can use the assets to pay estate debts as executrix.

Thanks again  check with the local COOPS, banco popular, 1st bank, etc... you should be able to google banks in the local area. the hard part is getting them to answer the phone. if you have to show up to talk to someone, be prepared to wait in line or spend a day there. 

If the opening bid is $8,000 and the bidding reaches $15,000, a 3rd party has to write a check for $15,000.

Third party bids coming in at half of what you’re offering would be a concern to me.

Yes, you can omit debt payments from your personal liabilities showing a 12-month history of being paid by a “third party”, which can be your business account. 

Finally rod of current tenant rechecking my numbers.Best part is the value has sky rocketed.  

Quote from @V.G Jason: Quote from @Chris Seveney: @V.G JasonI saw today that 30% of jobs now in this country are federal government or government contractorsWe cannot live off trillions of dollar deficits every year - employment is actually negative this year without the government.People lose jobs = cannot pay homes = homes get sold at discount = reset appraisals / lending… You're not wrong, just the sold at discount part I think the floor is going to be higher than people think.

It might be useful to other states, but since I'm a contractor, AND I am in CA, the rehab part is off. 

I've been to the auction before and know that most properties go straight back to the plaintiff without a 3rd party bid.

With a large group of say 16+ guests a $2000 or $5000 weekend is much less expensive when multiple parties are paying.