Searching for the Property Owners

[Amir Saeed]

Hello All

I have been watching a property for some time. The property is vacant, and I have seen people coming in from the side door and taking things out. The physical condition of the property is still good. It may now be missing some of the standard items. The property has been in this condition for almost 4 years now. As an investor I am interested in buying this property it if the numbers look good, and fixing and selling it.

After searching the property title online, tax records. I was able to get the names of the owners but no NEW address. I than decided to go to the court house and search for anything that can assist me. After going to the court house, and searching through the file. I found out that in the past there were letters sent from the court to the owners which were returned. I did not find any new address of the owners except the name of the original lending institution.

I then decided to call the the lending institution which directed me to another new bank because the mortgage was sold to another bank. I called the Bank which now is stating that they have no ownership right on this property, and it is being service by a servicing company.

I then called the servicing company. They were hesitant in the beginning but now after talking multiple times they mentioned that the property has not made it to the foreclosure YET. They are paying the taxes (I confirmed they are current) and maintaining the property. They can sell the property to me only with the approval of the original owners since the title has their names. I am not sure where the original owners are. It looks like they just left the property as is to WHERE?

Please let me know what are my options here to buy this property...