Foreclosure in Lancaster : Real Estate Advice

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Nay Maston, Renter in Lancaster, TX
Nay Maston answered:
I livin in a house in Lancaster Tx that is on the auction list 2 be sold in a foreclosure sale. What is my next step? How does a lease purchase work?
I am looking for a nice house around $800-900 a month. Does anyone know where one is available in the Lancaster and Duncanville area? I really need to move in the next 2 months.
0 votes Share Flag Wed May 9, 2012 Foreclosure in 75146
Don Groff, Real Estate Pro in Austin, TX
Don Groff answered:
I am a first time home buyer and I have a house in mind. Background on the house it is a foreclosure, Fannie Mae, the asking price is 105,000.
You may want to talk to other lenders with less closing costs. If you did this you would probably be OK with the 3% seller concessions. I am also a Mortgage Broker and with a 640 or b ... more
0 votes Share Flag Wed Mar 14, 2012 Foreclosure in Lancaster
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