My Unit in Preforeclosure - Want to Buy It

[Michael Arrieta]

Hi folks, want to get any thoughts out there about any possibilities you might know of.

I'm currently renting a unit that is in preforeclosure. The association holds the quitclaim deed so I believe my monthly rent is going to the owed maintenance fees. I know the lender is Citibank the deed is subject to their foreclosure but according to the tax records it's been in this stage for 6 years already.

I want to purchase the place so I can eventually rent it out. Association rep says I'd have to wait for it to go to Auction, but really would like to avoid the commissioner showing it for 3 weeks prior and having open house in the place where I live...

So any thoughts on how to get in touch with the lender or lawyer maybe to see if they'd entertain an offer?