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If assess the writ to include costs you incurred (such as debtor exams, liens, previous levy costs) and interest earned on a judgment, you need to fill out a Memorandum Of Costs (MC-12) form, and if there are costs, serve the MC-12 by mail to the debtor.
Sadly, the majority of closures we've had to attend to have gone this program. One day your CD happens to be earning 5% and another day it is earning 4.50%. Now the depositor has to scramble to produce new arrangements just to salvage their earnings. The vast majority of take-over banks use tactic to lower their cost of funds.
Also the actual time it may need to do the renovations. Couple of different methods monthly costs you will probably need to incur when you are renovating the exact property. These are called holding deals. Be sure that your property is actually an area that it will sell. Not really you might choose to consider rent options. Location is interesting!
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