Legal Opinion

Homeside Lending, Inc. v. Rued

Appellate Division of the Supreme Court of the State of New York

Decided June 2, 2003Published

1Opinion of the Court

—In an action to foreclose a mortgage, S & K Properties, LLC, the successful bidder at a foreclosure sale, appeals, as limited by its brief, from so much of an order of the Supreme Court, Nassau County (Franco, J.), dated August 8, 2002, as denied its motion for a reduction in the bid price of the subject property purchased at the foreclosure sale.

Ordered that the order is affirmed insofar as appealed from, without costs or disbursements.

*246The appellant alleges that it discovered structural defects on the subject property approximately three weeks after purchasing it at a foreclosure sale. The…

2Cases cited3 opinions

  1. Guardian Loan Co. v. EarlyNew York Court of Appeals · 1979
  2. Fleet Finance, Inc. v. GillersonAppellate Division of the Supreme Court of the State of New York · 2000
  3. Citibank, N. A. v. LiebeskindAppellate Division of the Supreme Court of the State of New York · 1997

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