The buyer gets possession of the property and makes payments over an extended period of time to the seller and when the purchase price is paid in full then the seller conveys legal title of the property to the buyer.

Welcome to the BP discussion forums.A popular misconception that many people have is that possession of a physical deed has benefits, including ownership. 

She is working on taking possession of the home with her own reverse mortgage and as a successor she can although she has not been paying or able to afford property tax payments of 900 a month (ish).

Hi,I currently possess three cash-flowing single-family rental properties in Arkansas that I purchased within the last three years.

Its really a pre-foreclosure process.If the borrower defaults, the court house process is one of the methods lenders can use to get paid what they are owed or take possession of the property - in other words foreclose.Some properties will not sell at the courthouse auction because they are simply over priced, the banks will then take possession and then the bank will in - some - cases try to sell the property via one of the commercial companies, Hubzu etc .More often they will sell them via a real estate brokerage specializing in foreclosures.As for your question regarding liens: Here in Colorado I go through my local title company - it takes about three hours for me to get an Owners and Encumbrance ( O&E ) report which costs me $5.

Even if he had broken the lease I would've still had to have gone through the eviction process to remove his possessions without his permission.

This statement is assuming you rent to students or some other semi responsible tenant.However if you rent to a risky professional tenant, it can take hearing after hearing after hearing until you can get possession of your apartment back.So if you buy in good locations it shouldn't matter how friendly or unfriendly our government is to your interests as a landlord.

Could someone coach me how to gain possession of the property without using my own money?   

If you're single now and renting a $2000 and up condo, you probably don't possess the discipline needed to move to a duplex.  

The problem with this is, the bills often continue being sent to the subject property, NOT to the Owner, so even if you set it up as auto-pay, unless you are watching your bank account you might not notice that you are paying while the Tenant is still in possession.