The IRS has 120 calendar days from the date of the foreclosure sale to exercise their right of redemption. 

@Bruce LynnWell, bid date was closed on Sunday.Today is Tuesday and I have not received anything from HUD or my realtor.

Well I can certainly understand how you missed it, since I only mentioned it about 5 times (as well multiple times by multiple others in this thread).Its exceedingly simple and if you had done any real research it would have jumped off the page and slapped you right in the face.The primary members of the group floating this proposal are the very same coalition that have been attempting to over turn IN TOTALS Prop 13 for many years, but have as to date failed miserably in their efforts to destroy it for all.So now they have reverted to some of the most despicable divide and conquer tactics of class warfare by nakedly and shamelessly pandering to people's envy of those they perceive to have more than they do.

Now I will be reaching back to the state with a pile of evidence.Record snippet:Ownership InformationOwner name: General State AuthOwner address: 1400 Spring Garden StLocation: Philadelphia, PA19130Purchase date 11/19/1969Purchase price $1

So we are working away getting utilities switched over to my name and the previous owner said that his attorney told him not to give me the titles to the park owned homes because since he is “the bank” he shouldn’t give me title to those park owned homes prior to our payoff date. ???

It looks a little dated (wallpaper in the bath plus lots of dark paneling) but I don't see anything indicating that it needs repairs in the near term. 

If it had tenants, as a buyer, the lease pre-dates you, so you'll need to honor it.Did you have a document inspection contingency? 

You can't accept payments past your termination date without creating an implicit new arrangement.

You can make an equity flow spreadsheet to find a good margin that you can accept then determine the date.

On the financing.... finding lenders is like dating, don’t settle with someone you don’t like on the first date and don’t jump into bed and get married on the first date either... that’s my analogy to say talk to many.