Using the LOC you can purchase the property with cash and close more quickly, hopefully reducing your offering price.

If the liens are from code enforcement call the city's code enforcement office and ask if they have a program to reduce/forgive the liens if the property is brought up to code.

And, we aren't talking about a large dollar item here like a vehicle.If you take an asset out of service, you'll be looking at it's salvage value, market/book value less depreciation and reduce owner's equity accordingly.That's how I do it!

Great Grand child is here, missed my birthday by a whole week.His mother still needs a Sugar Daddy "Mentor". :-)Renters for one of the houses are moving in this weekend.Dog still needs a Sugar Daddy "Mentor". :-)

If it does not hamper, will it reduce my buying power i.e. will I get lesser loan ($) if I refinance on my current home to 15 yr fixed vs not refinance and keep the existing 30 yr fixed terms3.

Move out can be key to reduce wear and tear and get the tenant out in time and trouble free...Human nature is to focus on the new tenant, but you have to wrap up the old one properly.. 

And those people really started talking me up then.Matthew, your right the fact the debt might be reduced was enough for the collection people to cooperate.

I've seen properties with 45 days on the market locally with no price reductions when they used to reduce within 30 days.

The mortgage broker seems useful even just to reduce time spent.

Reduce Your Risk, Use An Estoppel Agreement (Free Form Included)by KEVIN PERK on JUNE 10, 2013Related article found here on bigger pockets.