I bought a foreclosure! Or did I?

[Joe A.]

Hey BP!

I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) sign in the yard with a phone number, so I called it. They said they bought it last week. So I called the trustee and they said they had not received payment so my purchase should stand but to call again tomorrow to double check. Well, we couldn’t wait so I called at 4:50p and this time they said they actually did receive payment yesterday but they just didn’t know it earlier today. They said they’ll refund me.

I’d rather keep the house! It needs lots of work, but it’s in a very desirable area so there’s lots of potential.

Hopefully, that all makes sense. Do I have any options besides just accept their refund?