http://www.city-data.com/forum/forec...re-mean-5.html
See my post on this page from 2.5 years ago.
We have been in pre-foreclosure for 6 years and are still here... and still no word on a sale or us leaving. We simply get monthly statements from three different lenders/servicers (they've changed several times and cannot decide which will do it) with the past-due balance.
Unless you're willing to pay *at least* tens of thousands of dollars over the total amount of the mortgage owed - and you'd have to go to them directly - no homeowner in pre-foreclosure is going to sell to you. They're in a house, housing-payment free... why would they leave before they had to and pay rent somewhere else, without an incredible incentive?