Help bought a foreclosure
I recently bought a foreclosure at auction. Paid the deposit required and signed contract with trustee that gave me 30 days to complete payment. It has been 28 days and I went to closing yesterday. My loan officer advised me that the house had been sold back to the bank 4 days ago. She was told that the secondary lein holder held an auction a week prior to the auction where I got the house. I have watched all legals ads and court postings since OCT 08 and i am sure if there was an auction it was not advertised. The funny thing is that the auction held prior to my auction was done by the same trustee company. Anyway a deed has been issued back to Chase bank. Trustee has 14000 of my deposit money and I dont have a house. They are claiming to be working it out but how do you work out that you gave a deed to someone else?? Should I give them time or hire a lawyer? My 30 days is up tomorrow and I'm afraid I will lose my money because of that contract I signed giving 30 days. ANY thoughts??