Couldn't Pull the Trigger on a property....

[N/A N/A]

Well I am a First Time investor. I have been looking for a property to buy for months. Finally a property came about in the foreclosure process i had to have. Researched it, researched it and then researched it some more. I went and watched the bidding process, nobody came to bid except me. I did not bid on it either but i saw what it went back to the lender for. So i planned to make an upset bid after more research.

So today i go to make an upset bid and put my 5% deposit down. I ask someone to pull the file. I sit down and go through the papers one by one and i see dollars here and dollars there that i didnt account for. 8K worth of Interest and late charges on the small loan. I started going through everything i read on here and other sites talking about how long this or that takes and how people stall, I scared myself out of it. I stood up and gave the file back to the clerk and walked out. I am so pissed, relieved and dissapointed that i did that. I think the foreclosure process is not for me, just to many unknown numbers to deal with.

I just wanted to tell someone that would understand more than most.

Anybody else ever been scared to go through with the first deal?