Reger v. Sanchez

OPINION

CARMODY, Justice.

Plaintiffs’ suit was to enforce an oral agreement which allegedly extended the right of redemption in property sold at a foreclosure sale.- From a judgment in favor of the plaintiffs, the defendants appeal. We reverse.

Plaintiffs had been the owners of certain real estate which was sold at a foreclosure sale on October 22, 1962. The defendant was the. mortgagee and purchaser at the sale. The redemption period under a deed of-trust provided for a three-month, redemption period, which expired on January 22, 1963. It was claimed by the plaintiff and so found by the trial…