Hello Eloise: This property is for sale at Public auction. Usually properties are active on market short sales which are pre-foreclosure status.
If the loan for a property is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. If you need a few pointers on buying a property at auction â€” if you want to learn about the foreclosure process- contact me. at 484-468-1310
Buying a property at a public foreclosure auction is not for the faint at heart. It requires persistence and a fair amount of cash up front, and sometimes the winning bidder has to pay all or part of the winning bid on the spot.
Also Liens not cleared by the auction are the buyer's responsibility. If you buy a property at a foreclosure auction, you may end up paying out more than just the winning bid amount to own the property free and clear. You need to run a title search/mortgage/judgment search.
Hope this helps you make a decision about which direction, and how to proceed.