From the time you put in an offer until the time you close on a foreclosure is usually 30-60 days. There are a lot of variables, such as the time it takes for the seller to sign a contract, the time it takes to get utilities on, inspections, appraisals, but mostly the time it takes your lender to process your approval.
However. sometimes it does take a while to get to the point of offer and identifying the home you want.
The home you have selected is an auction property. The price you see is an opening bid, not the final price.
If you want any more information on this process. Please feel free to contact me.
RE Marketing Consultants, Inc.