We are purchasing our fist house, which is a foreclosure, however the bank that is selling the house is not listed on the property deed or any title paperwork. All documentations at the county show the previous owner’s information. The offer we made on the house was accepted by the bank last October and five months later we still have not closed. And the county still only has record of the previous owner’s information not the bank that supposedly owns the house. Is the contract we signed to buy this house now valid or not since technically the bank isn’t listed as owner of the property? We have signed extension after extension waiting for them to correct this problem so the bank can legally sell the property to us, but five months later there’s still no end in sight.