Most turn around and either re-lease it to people looking for a rental or they throw it on airbnb. 

This deal was sourced through New Western Acquisitions, it was one of the 40-50 properties we release every month.

So at the end of her stay, to celebrate, the tenant pounded down the saved doses of pain med and got really high, and then, oopsies, her sister called her to talk about rehab.

The contract was amended/changed - that tenant will not be responsible for July's rent because you released him from that obligation.

They didn't even know what a Sheriff's sale was and didn't even know the Lien Release Customer Research Dept existed and couldn't find me an updated phone number.

Then obtain a renovation proposal from a Certified 203k Contractor and submit the proposal to the lender so that the lender can order the appraisal.On both versions, the appraisal, contractor’s proposal and the 203k Consultant’s work write-up (required only on Standard 203k) and Specifications of Repairs (Standard 203k only) are submitted to the lender for approval.If the borrower passes the lender’s credit-worthiness test, the loan closes for an amount that will cover the purchase or refinance of the property, the remodeling costs, plus any required contingency reserves, allowable closing costs, and mortgage payments (only on Standard 203k ... up to 6 months).At closing, the seller or previous mortgage of the property is paid off and the remaining funds are placed in an escrow account to pay for the repairs/improvements and any allowable mortgage payments during the rehabilitation period.You now own the home (or refinance is complete) and can begin the renovations.Escrowed rehab funds are released to the contractor during construction through a series of draw requests for completed work.

I believe this delay is strategic, awaiting the release of the "Off-Ramp Bill" which sounds good, right, an off-ramp, so were getting "off"....... yeah, funny thing about politicians, the better a bill sounds the more nasty the poision is that's contained within it.

But now, as reservoir levels hit new lows and mountain snowpack from California’s Sierra Nevada Mountains—which normally releases water through spring and summer—already nearing depletion, the exceptionally parched soil is also putting the region at increased risk for fires.

Things like subcontractor agreement, non-compete regarding subs or investment partners, lien release, general run of the mill type activities.

I would refuse to release the property out of contract until they agree to return your money.