Some states waiting for the 3 years without doing anything will nullify your rights instead of strengthening them because the owner has possession for that time.  

While technically you could try to do that while you have the possession of your funds during 60 days - doing so in my opinion is like playing with fire and Doreen's example perfectly demonstrates that. 

Fourthly, while many people possess expertise in many areas be wary of:Advice from strangers on the internetConstruction estimates from your agentARV's from your contractorLegal advice from your accountantTax advice from your lenderand finally but not least,Insurance advice from your hot tub manufacturer's rep :)

The attorney realizes the Deed of Trust error and creates and records in the public records the new Deed of Trust WITHOUT THE SELLER HAVING IN POSSESSION THE ORIGINAL PROMISSORY NOTE.In Colorado, the loan position is determined by the recording date and time.

It looks like I actually may have possession by the end of October/ mid-November.As a point of reference - noticing began last February....we filed in court in May. 

Does a purchase of the taxes eventually turn into possession of the property after a set amount of time?

The current renters leave 1 Oct and my wife and I are interested in taking possession of the house, barring any glaring issues after an inspection.

How do you like that theory of resolution, issues of borrower agreeing and making them feels safe while you briefly take possession back to cure aside.

If the buyer defaults, you have to either get them to do a deed in lieu of foreclosure and give you the house or you will have to foreclose to get possession.

There should be a provision in your lease about "Abandonment" giving you the right to gain possession if its vacated without notice.