Buying foreclosed home from investment firm??

[Zoran M.]

Hi all - I put in a bid on a foreclosed home that does not appear to be owned by a bank, but rather an investment firm. I believe this is the company that owns it: http://www.pacificacompanies.com. I presume they bought a basket of notes from a bank? Does anyone have experience with acquiring foreclosed properties from such firms? Is it a quick process? I bid 45 cash. Property is listed at 75 ( down from 100). It's been on the mkt for 150 days