Please see my blog for a full list of tips and advice on buying bank owned homes.
Prudential Sierra Nevada Properties.
Sadly, this property is now in need of a lot more work as it has been vacant for nearly two years, has had broken pipes, etc. (and it's priced the same now as when I had it and it was in perfect condition).
Check out my blog on buying short sales & bank owned properties:
I don't think there is a short answer to this question, but to be clear- you are asking for an idea of the timeline between when a house is foreclosed upon by a bank and when that same house becomes available for sale with a real estate agent, correct?
In my experience it varies really, really widely- dependent on factors such as the time of year, the current market, the bank or lender's current load of properties, which bank or lender it is, the condition of the house, the condition of the title...
I'm eager to see what others think though!