Market your idea to an area. "I specialize in helping you prevent foreclosure." List the home at a low price. When the first offer comes in, forward to the bank so they can see what a buyer is willing to pay. Adjust the price as needed until an offer is acceptable to seller. It will almost always be enough for the bank to short the sale and for the seller to save the foreclosure step.
If you're looking for free foreclosure listings in South Bend, IN your best bet is to contact a Realtor that specializes in the investment and REO market (something my team and I do). There are a number of websites that you can visit and sign up to receive lists of foreclosed homes, however the majority of the time these lists are old and the properties are already sold (it's a waste of time in my opinion).
Most if not all homes that are taken back by the bank through foreclosure are listed by licensed agents and are easily found in the MLS (multiple listing service) by an experienced Realtor. Our local MLS doesn't have a search feature for "foreclosed homes", but we keep an active inventory of them in order to pass the information along when folks like yourself inquire.
If you'd be interested in a FREE list of foreclosed home from my team that you can access via your own private web page, feel free to contact me:
At Home Realty Group
(574) 993-5153... more