Auction Question

[Bob Giddens]

I need some help with a fewof questions regarding a property I want to wholesale. I am new to wholesaling so pardon me. I had worked for a property management firm the past 2 years and now I'm venturing off into wholesaling after the company downsized.

I have an investor through my property management days lined up for a property that fits the exact criteria of what and where he is looking for. Here is where things get tricky.

First can I even wholesale a property that is going up for auction?The house is going up for Auction on July 27. If yes is there anyway I can get this property under contract before July 27 and get this deal done? If so, with whom do I contact to do this?( It says the Trustee is DEUTSCHE Bank National Company) is that who I contact?, If not, let us say it does not sell during the auction, is there anyway I can get a contract on it after the auction?

Also I will post a little info about the house and some other questions I have
The ARV is $299,500
In the newspaper it says Approximate amount of judgment is $354,293.97 plus interest and costs. (Is this what they are trying to get for the property?)
I live in the northeast and it does have freeze damage to the pipes so there is no way I can see them getting even close to the ARV for this place. But it's in a great neighborhood that my investor would be all over if I can lock this down somehow!

Thanks for any help in advance!!
-Bob