Foreclosure Help

My local paper recently listed a foreclosed home in my area going up for public auction through the Sheriff’s office on a certain day next month. Reading through the foreclosure listing, I have been able to gather where the home is located, what is owed on the home, and how long the owner has to reconcile with the mortgage company even after public auction. Do I, as a regular public citizen, stand a fighting chance to possibly purchase this home? If so, what steps do I need to go through?

Related posts:

1. Tax Foreclosed Homes Understanding the Auction Process
2. Foreclosed Homes – A Bargain Home Purchase
3. How do I purchase a foreclosed home and is it a good idea?
4. How do I purchase a foreclosed home?
5. Did the final version of Foreclosure Act include the $7000 credit for the purchase of a foreclosed home?