There is some vacant land I've had my eye on for years. It's owned by a company, not individual(s). I've heard rumors all summer that the company is in trouble and their out of state bank is going to be 'taking over' the land. Normally I'd take info like that with a grain of salt, but one source it came from is fairly reliable (a contractor who has done work for the company.) Tax records still show the company owns it, but I'm presuming that until a foreclosure or some final deed change is done, tax records will continue to reflect the current company as owning the property. Is there a way to find out about this possible bank takeover or foreclosure, any reliable web sites or places to do research? I realize it's tricky because if it's indeed true, it either hasn't happened yet or is in the works.

Any information is greatly appreciated.