Sourcecorp, Inc. v. Norcutt

OPINION

WINTHROP, Judge.

¶ 1 Dean and Stacey Noreutt appeal the trial court’s summary judgment in favor of Sourcecorp, Incorporated (“Sourcecorp”). The judgment allows Sourcecorp to proceed with a forced sale of the Nox’cutts’ home (“the Property”) in partial payment of a money judgment Soureeeox-p obtained against Steven and Rita Shill, the former owners of the Property. The Norcutts contend the trial court erx’ed in finding they were not equitably subrogated to a fix-st lien position by paying off the Shills’ mortgage with Zions Bank.

¶ 2 Existing Arizona law recognizes the right of one lender…