How quickly after a domain expires (that I don't own) will it become available for purchase on domain registrar sites?
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Generally the domain will enter a grace period after it's expired. This lasts 40 days. During this time the domain can be renewed for the same price as regular renewal. After that it enters a redemption period, where it can be renewed for an additional fee. This lasts 30 days. Then it enters the deletion period, which takes 5 days. So the entire process takes 75 days.

House
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If you're looking to snatch a domain that's going to expire soon. Some sites will allow you to place a "back order" on a domain. – House May 05 '11 at 03:35