Auction is in 30 days; too late for Subject To transaction?

[Martin G.]

I only just discovered Subject To transactions on one of the podcasts the other day and it seems like a great way to amass a few properties in my area to manage as rentals. There is a multi-fam that I've been watching that was in pre-foreclosure and has just entered foreclosure this week; it seems like a good prospect for this type of transaction.

It is headed to auction at the end of the month, and this may not be enough time to pull the deal together, but I wonder: if the seller and I agree to the deal and I get him caught up on his mortgage payments, is it easy to get the property unlisted from auction, or would this happen automatically?

Thanks in advance!