Well the circumstances are unique because the property was sold at a foreclosure auction, and then before the new owner got very far into the process the foreclosure was rescinded.The novel litigation is that the banks attorney filed a lawsuit against the owner, the category of the claim is   "Real Property - Other"  and the complaint of the Plaintiff is that they would like to rescind the foreclosure and reinstate the mortgage, providing the original Mortgage areement as evidence, despite the fact that it is:1.

I am needing to take my lead generation to the next level and want to explore options other than the traditional auctions/wholesalers.   

The short answer is there are local auctioneers that handle the foreclosure auctions for banks.

Hello,I am looking to buy a particular property through foreclosure live auction conducted by auction.com.

Ttl owed/Payoff $16K includes fees and arears
Ttl Assessed Val $13,874, 
lot $465/mo; loan $228/mo = $693
Eviction Date: August 27, 2020
Lot payment:  Expiration Date: August 31, 2020

What strategies can I us...

I am buying from an investor who bought the property before it hit the tax auction from the owner who was going to lose it.

By foreclosing on the note, it goes to auction so, you may not be the one acquiring it unless you outbid other potential buyers, which means if the bids go beyond total debt, the person being foreclosed gets the surplus.Maybe it's better to purchase the note and offer the borrower a deed in lieu?

Many OAs have dutch auction provisions, but the shares are not intended to be transferable or liquid with the popular exemptions.  

Additionally, you can go to forclosure/tax auctions, or join your local REIA and network with wholesalers who can start sending you deals.

If I use short term auction finance at 90% LTV, buy it for £500k with £50k down for example.