So, you would have a year of missed payments, late fees, and legal payments tacked on.If the property does sell at the foreclosure sale for more than is owed, including all the extra costs, the previous owner would get the excess.After the sale, the winner of the auction, whether its the foreclosing bank or someone else, will take possession of the house and evict you.

Tenant failed to respond within their five days and I've already been granted a writ of possession.

BTW-The house is on the market and tenant scared away potential buyers, even though he agreed to a showing, he intimidated them via his very typical way and they said they did not want to see the upstairs or deal with the tenant.In the Answer, the first claim is tenant states he has annual lease signed inn 2005 that is held over and I can not serve Notice for Possession as in a No Lease situation.

The agreement had to state that a Writ of Possession could be filed if the tenant defaulted on the terms!

As when wolves are allowed to guard the hen house, it seems irresponsible to commit over $4,000 per taxpayer to an exiting administration possessing the same deregulatory principles that played a major role in the creation and neglect of the current economic crisis.The Treasury Secretary’s deregulatory ideology was overwhelming, and therefore diluted when the details of the $700 billion were expanded from a 3-page proposal to over 450 pages of implementation regulation.

A gentleman was introduced to me through a family member that has a large portfolio of apartment buildings has decided to dissolve his trust because his family doesn't want to deal with the tax implications of either taking possession or selling the properties on his passing.

If they gave possession of the property back you can claim the deposit for the last payment.

You need to take back possession of the property, rehab it and get it ready for the rental market or sell it. 

My question is since I'd be receiving July rent should/could I A) have her sign lease dated for that day but effective 7/1/15 B) wait until July 1 to receive rent and sign lease or C) don't take rent and wait until July 1 to sign lease and give possession? 

After the tenant has vacated and you have regained possession of your property, you will do your final accounting.