Normal time frame is 30 to 45 days and aprox  60 days if is contested. 

In fact the process is identical to a normal sale and purchase.  

I have contacted 3 banks that have refused to lend on a property because there are no comparable properties in the area and if the appraiser can't appraise it correctly, they can't lend.  I'm just curious if anyone ha...

This high down payment amount is not something I can afford at any point in the near future.That I'm aware, there isn't a local real estate investors club or meet-up group where I can talk to others who invest locally - so I'm a bit stuck for advice here.Ultimately, I'd like to get my foot in the door in this business as soon as possible, but the financial barriers to entry seem almost insurmountable here in the Cayman Islands.

And normally I would agree with you that core is a good way to go through a recession.

I feel like I'm being too paranoid about this, my area isn't a big one and I just want to make sure I don't shoot my reputation in the foot before I get started.

Great for you getting your foot in the door.  

If you don't have money I think there are better ways to get your foot in the door for home ownership.In your shoes I would seek out motivated sellers that might allow you to gain some equity that you can then snowball into full ownership.

5 - Can all this be done Before the Auction [ Pre-Foreclosure] - like - if I come to know the house has been served a Foreclosure Notice.6 - Lastly - assuming its all done - will this be a normally scheduled closing, with agents and attorneys - so I get the deed and possession.Thank you.

Have them sign a lease with the normal stuff, i.e. all appliances stay with the home etc...