If a home is labeled "pre-foreclosure", it may be on the market in the future but is not on the market at this time.? Or, the owner may rescue it from foreclosure.? ? The Zillow foreclosure information provides more back ground.??? As a user, I'd simply way if I were interested in a home shown as a pre-foreclosure I'd flag it as a favorite so I know if there is a change in status and I'd ask my buyer's agent to monitor it.
Source: http://www.zillow.com/advice-thread/pre-foreclosure-auction-home-is-it-on-market-or-going-to-be-how-do-i-get-info-about-home/502958/
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