hi brant. here in new york, the previous owner does have one year to redeme their property, but once it has gone to tax sale, they have to pay YOU, the buyer the taxes and interest on the amount. they cannot go into city or county hall and just pay the taxes after the sale. no, i personally have not had anyone redeem their property after i have bought it at sale. i am sure some people have had that happen. i have seen people show up at the sale and redeem them just prior to the sale and i have seen one person consult with the buyer right at the auction and ask if they could come to terms with him to keep their property. basically, the tax sale is pretty full proof, not a lot of issues. 

Month to month rental agreement states that anyone that is there more that 10 days in a 6 month period needs to have written prior approval, or breach of agreement. 

Brian holds and MBA and was an engineer by trade prior to going fulltime as a real estate manager.

So when you sign your docs the broker and escrow and the lender still have to complete PTF's ( Prior to funding conditions ) If it was Texas for example when you sign your documents you would be done and get the keys same day or next.5)  Technically the only thing you've paid for per your hud-1 is daily interest so the insurance policy can't be paid for until the loan has funded unless you paid all of your closing costs outside of the loan?

For evictions and collections, you pay the court costs prior to the court date. 

One thing to consider is that not everyone records their assignments, so there could be a number of "dry" unrecorded assignments prior to yours. 

If an offer comes from someone who has not viewed the property or has had it inspected prior to the offer, they aren't serious buyers unless everything is just right for them, most all properties will have some issue, none are perfect, so a decision can be made quickly to discount the offer to file 13.

I would try to find out more about the second applicant, like contacting the prior addresses on the credit report to see if a non-biased landlord can be reached.  

Prior to this house when something would come on the market we would go look at it, line up contractors to give us estaminets, run the numbers, then decide if we wanted to make an offer.  

If it is vagrant or owner occupied, standard evictions should work.If the prior owner plans to redeem, I may still go after the property just to get that 25%-50% interest on my money.