Strange Foreclosure situation!?

[Brad Gibson]

Ok let me try to explain this. There were 3 Triplex's in a row that I thought went into foreclosure about a 2 years ago. They were split up individually and a bank bought 2 of them which ended up on Hubzu.com. I ended up buying the first one, a lady bought the 2nd one aprox. 6 months later and the 3rd never seemed to hit the market so I dug a little deeper. The same guy at one time owned all three but the 3rd one was not bought by the bank that purchased the first two. I looked it up and it appears that the 3rd triplex is still in his name with about 5k in backed taxes. 

I guess im confused why the county didn't auction it off at a courthouse auction and are letting the taxes build up or why the bank that bought the first 2 didn't buy the third. I am interested in the property and curious if there is any input on the best way to go about buying this triplex. Should i call the owner himself and work with him and his bank directly? Possibly work out a deal with them and offer to pay backed taxes? Any info would be highly appreciated.

[Bill Gulley]

Blanket loan with release fee and amount required to clear title, he paid off one, the others hit the steps and didn't sell and went to the lender. Most likely, but there could have been other issues. Doesn't give ant indication that it's for sale, why waste time on it, just ask the owner. :)