The property I live in is being foreclosed - How can I buy it?

[Patrick H.]

Hello,

I am renting a home in AZ currently in month 15 of a 36 month lease.  I just received a certified letter today stating that the home is up for trustee sale in 3 months.  The property is being managed by Renter's Warehouse and I do not have any contact information for the homeowner (other than their address in the Notice of Trustee Sale).

How can I go about starting up a discussion with the owner to purchase the property?  Should I go through Renter's Warehouse or send a letter to the address in the Notice of Trustee Sale (that seems a little creepy to use her address in the form like that)?  It looks like they have failed to make payments since April (we have been paying rent on time, auto-withdrawn from bank account).

Ideally:  I'd like to have the loan/trustee waive all fees and interest, potentially lower the asking price ($10,000 discount on a $160,000 outstanding balance of a home that would likely appraise for $185,000) and we'd immediately go through the purchase process as is.

Do I need to bring the Trustee into the discussion with the owner at the same time to make this deal go through?

Thanks for your time!
Patrick