Melendrez v. D & I Investment, Inc.
Mar 29, 2005OUTCOME: Successful defense on appeal
Borrowers who had lost their residential property through nonjudicial foreclosure sued the purchaser at trustee's sale to set aside the sale and cancel the trustee's deed. Substantial evidence support ... ed the purchaser was a BFP and the repayment agreement between borrowers and lenders had not been orally modified to allow borrowers to delay payment.
