If it's possible still, it would be better for the grandmother to keep possession of the house and have the ownership transfer upon her death due to the step-up in basis the house would get.

You've joined a vibrant community filled with like-minded individuals who possess a wealth of knowledge to offer.

What are your Lease provisions for taking possession?

I am still in possession of a home that they were to close on in January. 

This can be a smoother, more amicable way to regain possession of the unit.Lastly, tapping into local landlord associations can be incredibly helpful.

But the Bank doesn't want to take possession, so they sell it at the last step. 

You have possession of their money but it is still their money, therefore any interest accrued is entitled to the trustor (tenant).

In the State of Washington, the buyer is entitled to possession of the home on the 20th day after the foreclosure sale.

The other agent posters, although fun to debate back and forth, don't possess the intellectual curiosity to figure out how to put an investor and a seller together in the best of both worlds approach.

Depending on location, a DUI, possession of weed, or peeing near a school at 3:00 AM could be a felony.