Although my background is very different, I to have made the jump into action.

However, this is a new area of the market place for me and researching and obtaining advice is a great starting point in this sensitive area.

Tax Collector that it was withdrawn because:- a lien holder on the property bought some sort of legal action to stop the sale and paid taxes while auction was in progress- county did not identify the lien holder during notice period.

I understand that there will always be risk (as with any investment) and you need to put in money to make money, but I'm just trying to do my due diligence and make sure I'm making the best decisions without letting my excitement blind me.All that said, what would be the best course of action?

If nothing happens and the homeowner pursues legal action, I would assume a lawyer would come after both parties.

At any rate, it's a touchy situation.If you can still close on the one, then that's great.I wouldn't, however, force the issue and/or burn any bridges - this course of action usually never works out.There are plenty more great deals to grab next week, walk away [peacefully] from both if you have to.Good luck.

I am biased towards ACTION but you should do as much checking on your own as possible.I see the numbers you are sharing - are all those things vetted by you critically?

Sounds like your situation is time sensitive...do you have assets like a primary residence you can pull equity from?

BP is absolutely great and best for networking...but your best bet is ACTION.

This person has a law degree and takes on the liability of their advice and actions.