Your best bet is to wait until it is listed for sale on the local MLS system. Find an agent and start working with them, they can keep a lookout for the house when it pops up on the MLS, then you can buy it. The waiting period will be over by then. Going to a courthouse auction can be frustrating and each state does things differently. In North Carolina there is an upset bid period where a bidder can be out bid on a house each week after the sale and the owner can come up with funds to save the house after the auction themselves. It can be frustrating and this is why so few homes are actually sold by auctions at the courthouse. People always think they can go to the courthouse to get a steal and leave with a house, nothing could be farther from the truth. The bank is going to put a min bid on it for what is owed to them so buying one for a dollar, like some of the TV infomercials claim, just does not happen.