Most likely, the property will be listed with a new agent. Banks recycle their inventory and give a brokerage only 3-6 months to sell a foreclosed property. If the property was on the market for a long time already, then the banks may hand it over to an auctioneer. One thing the bank won't do is sell it directly to a buyer. It is difficult to get the name and contact information of the asset manager who handles the lender's foreclosure sales. I would tell the agent who had the listing to keep an eye out for it and ask him to notify you if it comes back on the market. Then this agent can represent you on the buying side.