You have 23 choices based on asking price; 88 based on "Reality Pricing" (comps).
Are you planning to pay cash, or financing? If financing, have you made full application for a loan yet? Very important if you are going to bid on bank owned homes.
Based on your income, you could get up to $5,000 from SC for closing costs. You can also get up to $8,000 federal credit if you are a first time buyer (up to $6,500 if you're not a first time buyer) and have a fully executed contract by April 30, closed by June 30.
With a good inventory of bank owned homes (5 in LR that fit your criteria), this is an excellent time to be proactive and garner yourself some Real Estate.
Good luck! - Fri Feb 12, 2010