Texas foreclosure auction question

Posted by Angie on February 19, 2003 at 11:01:50:

When bidding on a property in Denton County Texas at the foreclosure auction, knowing that the foreclosure up for auction is the 1st mortgage, what other fees, taxes, etc... would the winning bidder be responsible for? Unpaid taxes? Lender's attorney fees leading to foreclosure? I have the chance to purchase this home before the auction thru a realtor who is listing the house for a price below market. Not sure if I should go ahead and buy thru the realtor or take my chances on a lower bid price at auction. Thanks for any advice.

Follow Ups:

• Additional costs beyond the winning bid. (url) - Ward-CA- 10:21:55 02/20/03 (0)

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: When bidding on a property in Denton County Texas at the foreclosure auction, knowing that the foreclosure up for auction is the 1st mortgage, what other fees, taxes, etc... would the winning bidder be responsible for? Unpaid taxes? Lender's attorney fees leading to foreclosure? I have the chance to purchase this home before the auction thru a realtor who is listing the house for a price below market.  Not sure if I should go ahead and buy thru the realtor or take my chances on a lower bid price at auction.  Thanks for any advice.


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