They are trying to fight it but won't win.

pre-foreclosure means a notice of default has been sentforeclosure means a sale date has been setAuction is the actual auctioning of the propertyREO is Real Estate Owned - the bank won the auction  What happens when the bank wins the auction... does it go onto the mls as an reo property?

You can sue, you can win but collecting is the hard part.  

This is an integral part of doing deals, the wholesale community maybe push the numbers in their favor to make that deal happen, that is of course not okay, and the same thing is said for agents that say they can list a home for $20K more than the next realtor just to get that listing then ask for the price reduction later (this just happened to me).This is a company that I tend to hear more bad things about then good things and that is where the caution needs to be taken into real consideration and make sure you are doing with with people that are looking for a win-win, not a win-lose/sometimes win-win which can happen in real estate more often then not if a person is not looking out for themselves.

If you are bidding at tax sale, you likely need to bid on a number of properties to win just 1.

An eviction hurts both parties and nobody wins anything (except the attorney).

Kudos to you for being firm but kind and proactive to seek a win win. 

Wow it's good to see you win!

It was a win-win. 

Quote from @Jonathan Bock: Speculation in land has been a thing for a couple thousand years  And there is a famous quote and picture