Condused about foreclosure auctionI want to bid on a house that is scheduled to go to auction soon, but I am a bit confused. The foreclosing lender is Bank of America, but last month the owner of the home did a quit claim deed to hand the property to PNC bank who is now listed as the owner. Why would PNC bank still allow the home to go to foreclosure auction since Bank of America would get the property if it is not bid on or would get any money if someone else bids on it?February 13 2014 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.