Can I buy a home directly from an owner facing foreclosure?

[January Johnson]

Can I buy a home directly from an owner facing foreclosure in advance of the foreclosure auction?  For example, I see a home up for auction, and the amount owed is about $38,000.  Assuming this is the only debt (and I understand the importance of a title search), could I make a deal with the owner to buy the house for $38,000 (paying it directly to the bank where it is owed)--effectively saving them from having a foreclosure on their record and getting a house worth way more for only $38,000?  This seems possible but too simple.  Looking forward to your sage advice!