So this must be (one of the undoubtably many reasons) why our transatlantic friends are trying to push the self-destruct button since 2016. Reads like dystopian fiction. Canis canem possidet.
It's not about foreclosure sales. It's about the desperation, the ruthlessness, the intense pressure, the instant legal armament. Some other commenter here mentioned 3 day eviction notices (when renting) are a thing. Come on...
You obviously read other comments, so you'd know that people talk about foreclosures taking 6 months. That's far from "instant legal armament". I wouldn't even call it ruthless.
The 3-day eviction notices on renting are a red herring. We're not talking about renting from an owner, we're talking about foreclosures.