Posted by Joe on April 24, 2006 at 15:19:12:
Hard to say what stage it is in without the specific wording of the document, or knowing your local laws.
However, one way to scope out a deal is to contact the owner. You’ve got the notice, so you’ve got their contact information. Try to find out where they are living now, do a person search, etc. Once you find them, offer to buy the house from them before they lose it.