Stale Short Sale Q

[Matt Chestnut]

Hello All -

I've run out of ideas on how to pursue the following 'stale' short sale in my neighborhood after hitting numerous dead ends, and thought I would see if any of you had experience/insights from other experiences, here are the main points:

* Marketed in 2012 as a short sale, was pending but fell through

* Shortly thereafter owners divorced, and one was sent to prison (still is in prison, and has declared bankruptcy). The other moved to the other side of the country.

* House has sat vacant since that time.

* Note owned by BOA, loan serviced by Bayview Financial. 

* Bayview Financial Asset Manager informed that the only way to move the process forward is by finding the owners and getting them to sign off on another short sale offer. 

Given the current prison sentence, bankruptcy, and geographical separation of the owners, getting them to mutually accept a short sale offer from me seems nearly impossible. That said, this also appears to be my only option which is why I wanted to reach out to see if any of you can see something that I am missing. Any thoughts are greatly appreciated.

Thanks in advance!