![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/75490/small_1621415063-avatar-shawn488.jpg?twic=v1/output=image&v=2)
2 May 2014 | 9 replies
We sent the letter and had to wait 10 days of no response from tenant to gain possession of the unit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/145653/small_1621419327-avatar-chefjustenj.jpg?twic=v1/output=image&v=2)
11 August 2015 | 5 replies
I believe she is moving out currently and I already have someone who wants to move in immediately after she vacates.My question is, do I need to file again for writ of possession and go through that process, or is there a form or statement I can have her sign that says shes going to be moving out and that she is forfeiting the lease?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/314711/small_1696812168-avatar-scappellee.jpg?twic=v1/output=image&v=2)
20 October 2015 | 3 replies
So the banks have no obligation to pay property taxes after they have foreclosed and take possession of the property?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/83032/small_1621415884-avatar-willa.jpg?twic=v1/output=image&v=2)
23 August 2011 | 10 replies
If Bob forecloses, sells, what ever, and then the property is brought to come back into his possession at a lower value (remember Bob has that 100K attachment) then Bob could have some explaining to do, AND the ones who conveyed that transaction.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/134213/small_1621418566-avatar-realentrep.jpg?twic=v1/output=image&v=2)
8 August 2013 | 8 replies
Sure, you could sue them for "waste" after you get possession and tally up the damage, but you are unlikely to ever collect on the judgment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2488/small_1621346136-avatar-grandwally.jpg?twic=v1/output=image&v=2)
26 August 2009 | 4 replies
The buyer gets possession, but the lender holds the title until the contract is satisfied.You can also do a wrap, aka an AITD (all inclusive trust deed).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9704/small_1621348971-avatar-lizzybelle.jpg?twic=v1/output=image&v=2)
26 August 2008 | 6 replies
Possessing a deed doesn't really signify anything.On a car a TITLE is an OWNERSHIP document and (AFAIK) in every state the TITLE must be signed and surrendered when the vehicle is sold or otherwise transferred.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/6060/small_1621347650-avatar-mirasaza.jpg?twic=v1/output=image&v=2)
1 February 2007 | 1 reply
Now the subordinate liens (the second and third) have a right (like everybody else) to bid at the first lien postion's foreclosure auction.Also, if no one bids on a second lien, then the second lien holder will take over title and possession of the property subject to any superior liens.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1375381/small_1621511744-avatar-edgarg42.jpg?twic=v1/output=image&v=2)
18 March 2023 | 9 replies
Just last week the tenant got arrested in front of the house (allegedly on narcotic & gun possession) & now my client really wants them out.
13 March 2020 | 6 replies
Currently have five. 3 paying regularly, one about to pay off and one I had to foreclose on that I'm taking possession of in about 30 days.