Outstanding!  

With the Houston housing market being as hot as it has been and with the flooding over Memorial Day, there aren't many contractors who are worth a damn who are hurting for work...

So it is very possible these properties have outstanding mortgages and I need to do my homework on the title search

Another example from the same auction where the certificate holder didn't come out as well is this onehttp://www.pinellasclerk.org/tributeweb/ShowPDF.as...The certificate holder had the 2010 certificate with 2008-2014 all outstanding.  

As long as the relocation meets the two requirements above.Increase in Family Size - A borrower may be eligible for another house with an FHA-insured mortgage if the borrower provides satisfactory evidence thatThe has had in increase in legal dependents and the property now fails to meet the family’s needs; andThe loan-to-value (LTV) ratio on the current principal residence is equal to or less than 75% or is paid down to that amount, determined by comparing the outstanding mortgage balance to a current residential appraisal.Vacating a jointly-owned Property - A borrower may be eligible for another FHA-insured mortgage if the borrower is vacating (with no intent to return such as divorce, legal separation, etc...) the principal residence which will remain occupied by the existing co-borrower.

That sounds outstanding Chris!!

* Current outstanding loan amount?

So is the disclosure required by Tennessee law or NOT  that's the question. in our state if you don't provide those to a buyer the buyer had the right to cancel the deal right up to the last minute and the seller MUST give the earnest money back .In my line of work I rarely see wholesalers or other sellers filling out and giving sellers disclosures.. but I know most RE agents worth a damn would never let their buyer buy without getting one.. its just not done.

Renee, your lease should state that payments are applied first to outstanding late fees and repair invoices. 

That's just damn crazy - the accountants that I know, if they do not specialize in some type of accounting, know everyone in 100 miles that does, and would refer me to someone that could provide that information.2.