Voluntary dismissal of Lis Pendens without prejudice

[Tamara Jefferson]

I'm not sure if anyone could be of help with this but I'm shooting my shot! Here it goes.. my grandmother passed in 2003 and left my mother and her three sisters a small house. They ended up taking out money to to fix up the property and to rent it out. To make a long story short the renters where horrible and no one was taking full responsibility of paying the refi. Bank of New York Mellon filed for foreclosure back in 2009!  The voluntary notice of dismissal came in January 2011 and there has been no movement since. My question is is there a possibility for me to assume ownership of this property? I believe the bank has shady paperwork and therefore cannot move forward.. its been 7 years.