Anyone experience this before

[Galvin Duesler]

Hello BP! 

Recently on an online auction, I bid on a property and was the highest bidder and the winning bidder. The company sent me the contract to E-sign which I did immediately. I then went to my title company to drop off my earnest money. (Which was about 30min after signing contract) The title company deposited my check later that day. The following morning around 10am my realtor sent me a txt to check my email. Immdiately I checked my email and saw an email from the auction company.(The bank doesn't hold title on the property so the listing was removed and the property will be sold once the bank holds title to the property) 

Has anyone experienced this before? Is this even legal? The whole thing seems very fishy! 

Thanks in advance! 

Galvin Duesler