one other tidbit
jimjoe,
i misunderstood your point. you were asking whether home buyers rather than bond buyers have the right to be notified about the IRS examination before purchase.
i am guessing, but i am pretty sure the answer is no. i would hope that folks who are going to invest such a substantial amount of money would do a little work on their own and make a judgment as to whether they think this is a material problem.
perhaps a real estate agent will correct me if i am wrong.
lauren
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