Terms of Consideration:In this mutual termination, both landlord and tenant agree to the disposition of deposits and financial responsibilities in the following manner: Landlord will return security deposit by June 6, 2018 less damages caused by tenants, missing items and outstanding utilities/water bills.We'll fill in the terms later but do you think this is good enough? 

As Wayne and Harjeet said, if you do have an FHA loan outstanding and are forced to move, you would be exempt from the rule and allowed to obtain an additional FHA loan. 

To do this You have to pay off all the other outstanding certificates, plus the county’s 18% interest, plus some some fees.

Your credit doesnt have to be perfect but you cant have any outstanding items for example recent bankruptcies, not current on most things. 

Until you have quieted title, you will probably not be able to get title insurance, either, because of the possibility of outstanding judicial redemption rights even after the tax deed date. 

The property is currently occupied and when we view the title document we see a number of outstanding judgements.

Now remember, they also have their own loan outstanding, so this is not a ‘good deal’ for them as it might be for you.

Typically the opening bid will be the outstanding loan amount plus accrued interest and fees on the loan that is foreclosing.

I took the LSAT in December of last year and got a respectable, but not outstanding score (163, 88th percentile).

Wow that is outstanding!