If you can get a contract in place and get it to the Trustee you might have a shot at getting it postponed.  

I emailed and called the realtor asking if the foreclosure has been postponed and expressed the desire for a cash offer.  

I will look into a 1031 exchange in order to postpone paying capital gains since I had left that residence in 2008.Current lease expires July 4th 2015, which is about 3 months away.

Postponing Next SummitFor these reasons, I will be delaying organizing the 2nd San Francisco Real Estate Networking Summit until the market cools off and there are more plentiful deals available, when I will get back to day-to-day real estate activities (and won't be as active on BP until then).

The property in question was set to be auctioned off this week but is now postponed until December of this year.

(being it is in pre-foreclosure) the POSTPONED est. opening bid for it is at $67,500.My question is of course I would like to call my friend and ask about his house (which I will probably still do) and maybe hash it out with him on a deal but that would kinda of be awkward being in pre-foreclosure phase and me asking him to buy his house right or not?  

I cannot justify myself to spend around $500 for title research when I might not be able to inspect inside a property, auction sales might get postponed or canceled, or I might not even win a bid.My take from all the great advices so far is that most experienced bidders do title research themselves.

I'm more versed in California than in other states but, in California, the following would be considered acts of a foreclosure consultant (Number 3 is where all of those "Subject to" gurus get nailed):(a) “Foreclosure consultant” means any person who makes any solicitation, representation, or offer to any owner to perform for compensation or who, for compensation, performs any service which the person in any manner represents will in any manner do any of the following:(1) Stop or postpone the foreclosure sale. (2) Obtain any forbearance from any beneficiary or mortgagee.(3) Assist the owner to exercise the right of reinstatement provided in Section 2924c.(4) Obtain any extension of the period within which the owner may reinstate his or her obligation.(5) Obtain any waiver of an acceleration clause contained in any promissory note or contract secured by a deed of trust or mortgage on a residence in foreclosure or contained that deed of trust or mortgage.(6) Assist the owner to obtain a loan or advance of funds.(7) Avoid or ameliorate the impairment of the owner’s credit resulting from the recording of a notice of default or the conduct of a foreclosure sale.(8) Save the owner’s residence from foreclosure.(9) Assist the owner in obtaining from the beneficiary, mortgagee, trustee under a power of sale, or counsel for the beneficiary, mortgagee, or trustee, the remaining proceeds from the foreclosure sale of the owner’s residence.

Chances are high the property will postpone or cancel. 

I tried to postpone viewing his properties to the following week, but he said either we see the houses now, or the deal falls through.