Make sure there is an outstanding gutter system and everything grades away from the house.  

The borrower also must pay down the outstanding FHA mortgage (secondary liens do not need to be paid off or paid down) on the present property to a 75 percent or lower loan to value (LTV) ratio.

Outstanding Job on taking the plunge! 

Vacant- 3bd/1ba Balance $63k vacant now but rented for $600 mo (15k repairs)2. 4bd/1ba Balance $38K currently rented $600 mo3. 3bd/1 ba Balance $53k currently rented $575 mo4. 3bd/1 ba Balance $43k currently rented $600 monTotal outstanding balance to bring current with mortgages/taxes $193k and the market value from tax office/assessor $250k Sellers want $7-10kk and will assign contract to new owner if financing cannot be obtained immediately.

There were other properties which were beyond our budget but were outstanding value as a vacation rental. 

As an aside, I've been reading Brandon Hall posts for a few years now, and he is outstanding in providing insight and recommendations.Adam

Make sure to also check if the property is part of an HOA/POA and if any outstanding fees are owing and what the monthly charge is.

To do this, you have to pay off all the other certificates outstanding.  

With outstanding Liens, a title company will not file a Grant Deed until the liens are cleared.A mortgage is always tied to the Deed to which it pertains.When a Mortgage is payed off, there's a Reconveyance filed to show the satisfaction of the debt. 

There is no point in negotiating a seller to sell for $100,000 if they have $200,000 of outstanding mortgages and liens that would have to be paid through closing.