Homo sapiens Fossil Hominids?

Modern-day Homo sapiens, which we are, existed as much as 200,000 years ago. So the oldest remains of Homo sapiens that we find, are also considered to be Homonid fossils like us. They just weren't usually buried. Often they were trapped in a mudslide, or in volcanic lava, which preserved their bones in fossil form...

For a fossil to form, all that is needed is sufficient time and preservation. Preservation is usually accomplished by burial. Our ancestors that died more than a few thousand years ago will have some mineralization and will be considered fossils. Our ancestors go back to at least 200,000 years. Before that, they may not have been H. sapiens but they were still our ancestors.

We've been around for about 500,000 years or so. ("Modern day" is a relative term.)