Check out local auctions those attending are cash buyers get their criteria. 

T Yes we have purchased through auctions and as a lender we take properties to auction on occasion.

It was sold at auction and Clark County Credit Union purchased it and built a credit union building onsite with a drive thru coffee building at the west end of the site.

The wholesale deals listed on his site are on the MLS some have been auctioned and in no way are they wholesale deals. 

This won't solve for auction properties though, right?

In the event of default/non-performance on a CFD for vacant land in one of the hypothetical "foreclosure" states I mention above, does the land parcel have to go to auction, with bidding starting at the unpaid principle balance of the contract (plus late fees, legal fees, etc.)?

It also pulls data on pre-foreclosures and auctions, which can be useful for off-market deals.Deal Machine shines if you’re focusing on driving for dollars and building your own leads.

There is the possibility that the property could go to foreclosure without you knowing it.Lets say it does go to foreclosure and you thought you still had equity coverage but realize it sells out auction for $1,000 above the first lender.

Im confused why note seller would be selling the note at this point before auction at such a deep discount.

So I just observed a municipal tax auction.