I would also tell them the money was safely deposited in a bank as per normal procedure and that you don't keep that type of cash on hand.

Signing documents Colin Murphy, Managing member, Ottawa finest real estate ventures international LLC, gets very tiring the third or fourth time you have to write it on a contact.I chose Crab Properties LLC after every other name I could think of for Baltimore was taken.

It is as much of a legal proceeding as getting the judgment; with service and notice requirements and special procedures to obtain the money.  

What is the procedure and is it a good idea?

The CA summary probate procedure is intended for simple estates of modest gross value, inclusive of debt, whether there is equity or not.

Title insurance companies typically require this procedure to insure resale or commercially-offered mortgages.

Does that stop the auction procedure?

If so, what is legal procedure to clear the liens??

I'm working on writing up policies and procedures.

You're responsible for your lease contract, policy and procedures, but the site takes care of exposure and booking.