Are you talking about foreclosure auctions or REOs?

I came across a foreclosed property on zillow today that was up for auction on hubzu.

Express sympathy, but communicate clearly what their options are THE ABOVE IS VERY GOOD ADVICE IN MY OPINION.communicate clearly what their options are (generally boils down to leave soon and I´ll give you some money to help you along, or dig your heels in and we will evict.I'VE BOUGHT 65 HOUSES AT THE FORECLOSURE AUCTION DURING THE LAST 4 YEARS. 

For the last 3 months I assumed (up until this past week) that as a wholesaler the process was: 1.) get pre-approved for hard money loan; 2.) find the house on auction & purchase with my credit card; 3.) call up hard money loan lender to get the funds to pay for the property; 4.) find a buyer & sale property to them.   

I've also heard of wholesalers purchasing properties on auction.

Estate auctions. 

As you know with auctions, they are intense.

The home was going to auction but I was able to stop the auction and help pull the home out of foreclosure and get the owner a loan modification(she hadn’t made a payment in 3 years).

People notice when homes start selling and start to think, "Maybe now is a good time, let’s see what that other house sells for".You can go on your city tax lien site, or an auction site.

(Ive seen houses being occupied by former owners or tenants for years and years before being finally auctioned off.)7. 2022 to late 2023 there might be a 12% dip in the market but it will recover.