We could not find any outstanding fines that had been levied by Cook county related to this, but are concerned that in the future we'll get dinged for it.

Does the agent know the outstanding balance, which can only be obtained by the heirs?

So someone who owns a house with $200K outstanding, can still borrow up to $280K with a VA loan. 

The name on that book was OUTSTANDING!!

Keep the deposit to offset the outstanding rent.

The closing company will collect a cashiers check from you and they pay off the outstanding balance, which avoids a costly foreclosure.

This guy is outstanding.

There is this idea tha one can have up to 10 mortgages if you go through this method, but I have yet to meet someone who has done it successfully.I’ve bought and sold enough houses that I know what to look for in a flip, a BRRRR, and a long-term hold (that I PM myself until my fleet of doors gets too large to handle - and I’ve identified a PM company or 2 that I would be willing to turn the PM responsibilities over to once I no longer want to be as deeply hands-on.But for now, I’m wary of many who simply want to make-a-buck, try to avoid hucksters, and realize *I* do a better job managing my RE investments than a stranger.

Asking price is $15k, but the listing is FSBO and states that there is an outstanding water bill and taxes to the tune of $45k.

Just wondering what this time frame is, and how to find out if there's other outstanding mortgages/liens on a property to make sure your potential margins on a re-sale are protected.