There is a board. I can tell you from a recent case they are ssssssssllloooowww and nothing you said here is any violation so you're not going to get very far pursuing anything.
Yes you should always have a lawyer. Yes there is a painfully low barrier to entry in the profession and a bunch of yahoos get in the business. BUT just because the property is still on the market doesn't mean there weren't other offers. I have 2 properties that have gotten into competitive bid situations lately only to have the winning bidder not perform - the fact that you didn't get a call from the agent to say " hey still want to buy? the thing fell apart" is not good salesmanship but is not unethical.
Clearly you should have had some notice about the seller being short but the fact is sellers aren't always upfront with their problems. Sometimes they aren't even organized enough to know they have a problem. And sometimes their just too embarrassed to say anything, people are people.
Count on it being a pretty wild ride out there for a while. Be patient. Buy smart.... more