Adams v. Grant

On or about July 17, 1926, a real estate deal was consummated between the parties hereto whereby plaintiffs deeded to defendant a residence property occupied by them and valued at $14,500 and three vacant lots valued at $3,300, and defendant executed a land contract in which he agreed to sell to plaintiffs an apartment house property, having a frontage on Willis avenue of 65 feet, for the sum of $60,000. Plaintiffs’ property was taken at the valuations stated, and the balance of $42,200 was to be paid in monthly instalments of $422, including interest at 6 per cent. On January 7, 1927,…