Any way to place offer on short sale that will be auctioned?

[Marc M.]

So I checked out a house last week that I was ready to put an offer on but discovered today that it was pulled off the market yesterday and the bank has decided to auction it off.  Given the fairly short time period that it's been pulled off the market, is there any way that I can still try to place an offer and/or talk to the bank about buying it prior to it being auctioned?

I'm hoping for a creative solution here.  Unfortunately, I don't know which bank it is so that will be an obstacle as well and I'm not sure that the listing agent will share that with my agent as she hasn't been very forthcoming with info so far.  Any suggestions?

[Wayne Brooks]

You knowing the bank isn't important, only the communications/progress this far by the listing agent/negotiator with the bank. most banks will delay an auction with a Solid offer that approaches their determined value. By Solid offer, I mean a real POF for a cash sale, or possibly a preapproved financed offer, with some buyer financial information as back up, not just a typical preapproval letter, inspections up front, etc. Here it also requires some actual communications/progress status from the bank on writings, which can be presented to the judge, since our foreclosures are judicial and judge must approve a sale delay.