Legal Question in Real Estate Law in Wisconsin

The sequence of events which you describe may not be accurate, so you should schedule an appointment with an experienced real estate or bankruptcy attorney in order to come up with an accurate history. Starting a foreclosure does not transfer title, so you remain free to sell the property until the sheriff's sale is confirmed, provided that it is for enough money to pay the bank in full. Short sales, however, for prices less than the loan balance, are not possible without the bank's permission, so they could have stopped the sale regardless of a pending foreclosure if they wished to do so. It would be difficult but still potentially possible for you to sue your seller for misrepresentations on the property condition report, but I doubt that you will be able to do this unless you can afford an attorney. The time to raise predatory lending would be during the foreclosure rather than after it is over, so it may be difficult to do anything this late in the process. Unfortunately, you seem to have waited too long to seek legal advice. A lawyer could have done much for you had you consulted one sooner. Please be aware that my responses to you in the public web forum do not make me your attorney and that I am not representing you or taking any action on your case. These answers are intended for public educational use only. Regardless of this, however, you are still welcome to contact me during business hours at my in Racine if you still have questions.