However, from what I've read, this applies to the SFH being placed up on auction (BuildingDetroit.org)

Further reading:http://www.biggerpockets.com/forums/41/topics/68977-foreclosure-auction-sheriff-sale-and-trustee-sale-faq

The seller stopped talking to me so I did it on the chance and found that it was going to be auctioned before the listing ended).

@Carol ChuiIf you cannot sell the property at a loss or at least recover something.There is another option that you can try.DO NOT pay the tax, let the county put it on tax deed auction next year.

So you have to bring the tax current.I will say 50% of the time when you won at TX tax auction, you will end up with a property.

@Markeilsha RodriguezAre you implying that the owner is on an installment plan with the county to pay off the delinquent bill...24k on a SFH of that value tells me either he is more than 5 years behind or its facing auction really soon....I deal with delinqunet properties all the time, its actually the heart and soul of my business.

I am planning to go to an auction on Tuesday to meet some buyers.

Yes, it will be a short sale, assuming he qualifies, and there is enough time before the foreclosure auction.

I was wondering has anyone have got bids in a more auction style fashion.I was thinking instead of spending time to walk every dang interested party through the home and different times.

That means the property was sold in an auction, and either another buyer bought it or the bank got it back.