Title needs to verify the seller to be sure they have the right to sell and to look for any outstanding title issues.

After that you could buy another property for your home, just not using FHA, because of their one loan outstanding policy, unless of course you refinanced.Good Luck!

Currently, the property is listed for $1 million (an amount below the outstanding amount due).  

PropertyRadar is a software product that provides data about properties such as the date it is scheduled to go to auction, the current owner, the note holder, the amount of the outstanding note and more. 

I have a membership to dataquick which allows me to search for comps, property profiles, as well as outstanding mortgages.

At that time, and although I've been out of it for a few years I can't imagine it's gotten better, lenders were hesitant about taking many actions in the city proper due to problematic appraisals and many, many houses that were unsellable due to outstanding code violations.

It turns into a near full-time job, but the benefits could be outstanding.

There is a flood of REO activity on/entering the market (albeit foreclosuregate is gumming things up a bit at the moment), and simple supply/demand dynamics are dictating that these houses sell cheap in many instances to clear inventory, even with agent commissions paid, and do in fact constitute outstanding deals.

You've declared bankruptcy, your credit score is not good, and you're using your tax return as a real estate investment vehicle, and won't have enough to cover rehab costs.Do you have outstanding debts?

They will consider it as a violation of the mortgage agreement and could request immediate payment of the outstanding balance.