How long for bank to list property after auction (appraisal, mortgage, mortgage)

[love to shop]

A property that I am interested in is coming up for auction next week. I was going to try and buy it at the auction, but can't secure financing. Any sort of conventional financing requires an appraisal and I spoke to the trustee and you can't have access to property until after the closing.

Anyway, I've abandoned that idea and will just have to wait until the bank takes it back. How long does it usually take after the auction for a bank to list a property? Also, should I wait for it to list or contact the bank and tell them I'm interested in purchasing the house?

Thanks

[tryin2buy]

I am going to guess that you are referring to the sheriff's auction where the lender usually has a representative present to bid the amount due on the mortgage and it reverts back to the bank. I believe that Michigan is unique in that there is a 6 month "redemption period" which allows the person who defaulted on the mortgage to get back in good standing and maintain ownership. So here in Michigan it usually takes about a year from the time of the auction until it actually is listed with a realtor. Banks are so backed up that many know they stay can stay in the home payment free for a year or so until they are evicted so there is no real urgency to vacate. If they do leave and the house sits vacant, (still not technically available for the bank to sell,) more often than not winter will ensue and pipes will freeze and burst.

Sorry.....got off track. In response to your question, in Michigan figure about a year.

[love to shop]

This is in virginia where it is a Trustee auction and there is no redemption period and the house is already vacant. I was expecting something like a couple of weeks, but have no idea.
thanks