Pre-Foreclosures are just the "PRE". That means the owner still has time to rectify any payments in arrears and can somehow back pay whatever is owed. That however does not mean that we can not inquire as to their intentions. I live in Walworth and am aware of most of the homes in foreclosure or pre-foreclosure.
Just to be aware, Trulia and other third party sites are not always accurate as to what the status of a foreclosure is. I typically do research on such properties and only about 10-15% of the properties are still in some type of foreclosure status even though the are posted as such on the third party sites.
The best way to get accurate information is to have an agent go through the proper channels to inquire on your behalf. If there is any opportunity to pursue such a purchase, anything you do tell the home owner or representative can and will be used against you in negotiations.
If you are interested in pursuing homes in the Walworth, Gananda area, give me a call. I have a dual purpose of representing buyerss/sellers in the Gananda area both as a 10 year Walworth home owner working to keep home values up, an active community member and also as a local REALTOR specializing in the Walworth- Gananda area.
Feel free to contact me anytime directly at (585) 236-7780 or email me at BradNewton@Remax.net. I would be glad to check out any properties you are interested in or answer any other real estate questions.
If a seller wants to sell it they must sell it for enough to pay off the loan on it. Since it is not worth what is owed you would have to pay a lot more than it is worth -- and I doubt you want to do that. So the owner has two options:
Wait for the bank to foreclose on it
Try to do a short sale before they foreclose on it
It sounds like your owner is going to wait for the foreclosure, so just wait for the bank to buy it and they will decide to sell it at some time and you can make an offer on it then.