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Updated over 14 years ago,
Bank Forgot About This Property?
An individual has a house he'd like to sell me in which he obtained money to purchase the property through a Argent Mortgage. He stopped making payments on his mortgage shortly after that, and more or less just let the property sit.
When I do a google search for Argent, I come up with: "Argent Mortgage was a wholesale lending company that was purchased from ACC Capital Holdings by Citigroup in the summer of 2007. Citigroup has essentially re-branded Argent Mortgage as Citi Residential Lending."
It seems Argent was a subprime lender that got taken out.
I have searched court records and do not see any foreclosure actions in regard to the owners of the property.
My question is, what is my next-best move in working out something with the mortgage holder? Is there an easy way to find out who I can contact?