My question involves real estate located in the State of: Rhode Island. There was a REO foreclosure property that was up for auction via an auction site. We bid on it and the last day of the auction it was pulled due to title issues. This happened twice. Then the third time, we won the bid, signed the PSA, and sent in our earnest deposit. The following week we were informed that they couldn't sell it due to title issues. I did some research and found out that the house has been on and off the market for several years and there have been about 8 previous pending sales that all fell through for the same reason. I would like to know if we have a legal right to sue the auction company for repeatedly listing the property for sale with the same title issue? My husband and I are very frustrated.
Agents and Brokers: Can You Sue a Property Seller for Listing a Property with Known Title Errors
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