Establish communication with the owner and place an offer to purchase the property. If your offer is not accepted you have no other option than to follow the property to determine if an auction date is scheduled. To track the foreclosure status of any property you can do that easily by registering the property for foreclosure alert here, http://foreclosurecourt.org/foreclosureprotection.html to receive notices when the sale date is scheduled.
Once a sale date is scheduled you can participate in the auction or wait to see if title is transferred to the lender. Once transferred to a lender it is likely to become a REO and you can make an offer to purchase at that time. You can also contact the lender after the sale since some properties have in-house brokers who market the property for sale.
I am sorry to hear that you had this experience. Moral: ALWAYS get your own agent to represent your interest.
For appraisal purposes, the square footage of a home is the livable space above grade and should not count the basement (even though it may be a walk out). The appraiser will, however, take account of a finished basement.
As for suing, well that would be up to an attorney to decide. I know of no law about this.
Good luck.... more
You are on your way....it's all about visibility. The more people that are aware of any opportunity the greater the involvement. Consider posting in a local newspaper, on the internet, and on area free information bulletin boards.
A popular meeting area such as a local library, restaurant, or school may help with your cause.
The Eckler Team... more