Wholesaling at Pre-foreclosure Stage

[Taylor Herman]

Hi everyone I have a question about pre-foreclosure SFRs. 1. Is it possible to wholesale a pre-foreclosed property and save it from going to auction? 2. If you get a response from a direct mail campaign to homeowners in pre-foreclosure, how do you begin the process? Do you have to have an agent negotiate with the bank, or can you just come to an agreement with the owner? Where is the bank involved, if at all? 3. Can you use a typical "and/or assignee" Purchase and Sell agreement, or is there a more technical, legal process involved? 4. Do you have to pay anything at the time you put the property under contract? Thanks for any guidance you can provide!!