Find another home or wait until this one goes through the "process." I have not heard any two deals that are the same. Anyone that says they know the process is going out on a limb. No one ever knows what is going on with the owners, the bank and any other entity involved in the deal except that entity. They generally are not in the mood to tell others what is going on.

Linda,

I can help you and your relative purchase this home prior to trustee sale or actually at the trustee sale. I track every property going to the trustee sales (auction) each day. 80% of the homes scheduled for sale that day will get postponed. Of the 20% remaining that have opening bids, atleast 80% of those will revert back to the bank (REO). Very few sell to third party each day.

Let me know if I could be of any assistance.

Linda, it is very honorable of you to help your relative. May be he/she can ask the broker for advice too. How is that agent going to learn if they don't go through it. I also understand that it shouldn't be at your expense but that is why there is a broker in place.

If it has been scheduled for auction, it is unlikely that you will be able to purchase it. If it was a short sale such as a pre-foreclosure, yes it could have. I am not familiar with the code in AZ so that's where you need a local to help you.

I would be very curious to know if you have been successful. Please update us. Thanks.

The short answer is yes, but honestly, you need to work with a realtor that does indeed know what to do. I'd recommend your relative refer you to a realtor that knows what they are doing. Your relative gets a referal fee, and you get the representation that you need.