You can take him to court but you probably wouldn't recover enough to cover your losses.

wayne, you are wrong. check with the obama adminstrations ruling in 2009. they put a limit on the number of houses a bank can release to market in 2009 because the flood of foreclosures hitting the market was killing the housing market. and micheal has an excellent idea with contacting the owner, but here is another idea. the last step in foreclosure for a bank is to have a foreclosure/ trustee auction. usually held right at the county court house. sometimes called a sheriffs sale. you can go to this auction and bid against the bank on any house. in most cases the bank wins, but not always. you could get a decent house for a decent price if you want to outbid the bank. they are only going to bid just so high. 

An eviction is costly - you have a vacant property, probably paying a mortgage payment (ouch), you're paying property taxes, insurance, you're paying legal fees, court filing fees, probably paying the utilities too - and you have no income coming in.

However, when I had to evict a tenant I used the constable to deliver the paperwork to the tenant, I wasn't involved until I had to go to court.

If you're the buyer, do you really want a seller to be able to get a court order that orders you to buy the house, even if the Seller hid a big issue, but your objection deadlines are past?

Then they wonder why they never find a deal and then declare that the other buyers are crazy because they are paying way too much because they bought at X cap rate and not at 10%.

-any amount over what is due to you Is Not Yours, and you won't receive it from the courts.  

I have a court clerk living in one of my units.  

Placing liens or taking clients to court isn't generally good for public relations.I can see that being more likely in the commercial market where the commissions are so much bigger.

To me there are more supreme court decisions that could be based on if you are on the law court.