· 12/18/2019
Winrose Homeowners' Association v. Hale
Syllabus
The Court reverses a judicial foreclosure sale, finding the winning bid price was so low it shocked the conscience of the court. In particular, the Court found significant that the foreclosure purchaser made no attempt to assume the mortgage on the property after the sale, and the purchaser therefore was not entitled to add the amount of the mortgage to its winning bid.
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.