Yes, this is not for sale in MLS. It is available only through Auction.com and that website will accept bids from Oct 19 to Oct 22. You have to buy this home in its as is condition and quite possibly end up having to evict the occupants, who also might destroy the home upon eviction -- it happens. You must pay cash. And another 5% on top of your bid to the auction company. If there are no acceptable bids, and this home is worth considerably more than $150K, then the home will go to MLS. So you might want to wait for it to come on the market as a regular listing.
Bear in mind that when a bank takes a home in foreclosure, typically the bank will pay the occupants to move out. So, this could possibly be a hostile situation, and you can't trespass on the property to find out.... more