Newbie

I'm a rehabber starting to look into pre foreclosures. I understand the process, but was windering if someone could give me sort of a play by play. Some of the questions I have:

If a deal is reached with the owner, do they then contact the lender?
Is the lender the one who cancels/postpones the auction?
Do you guys usually give the owner some cash or does it depend on the deal? I would think they would be happy just to avoid the foreclosure and ruining their credit. They lose the house either way right?
Thanks for any insights.

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