However, I can help to limit the damage done to your credit, but in order to do that I'm going to fax you a form to sign a purchase agreement which would sell the house to me for a dollar, then a form to release info so I can talk to the bank.

I have seen lenders take up to 6 months after the sheriff sale to release the home for sale.

I'm currently trying a short sale, just got off the phone with the seller after having met her this weekend, authorize to release info is filed with the lender so hoping they get out their short sale package soon.

Have the title company prepare a 'release', which you sign at close, releasing the sellers from their contract with you, for a fee equal to your profit.

I already have an authorize to release information with the lender and have received their list for short sale package.

Some hard money lenders will release all the cash at closing.

For one, you're going to get the owner to give you an "authorization to release" form filled out and signed for each loan.

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As soon as that is done, they will release the property back to you.

It also would not make a lot of sense for the bank to have a lien on its own property.All the junior liens were released at the auction.If the IRS had a lien they have the right to come in after the fact and pay the senior liens off to gain control of the property.