H & R Block Owns a Mortgage

[Devan Mcclish]

I found an abandoned home while driving for dollars. The homeowner moved to an apartment complex, and I cannot find her within the complex. She is upside down in the house. The payments have not been paid for 10 months (according to several neighbors I talked to). I found that H & R Block holds the mortgage. Knowing that short sales in my market are few and far between anymore, I wonder if I can just buy the note myself and obtain the property that way?

How would I go about buying the note from H & R Block? I know they are not in the business of owning REO property. What are your thoughts about this situation? What would you do in this situation?