Legal Opinion
REO Properties Corp v. Binder
District Court of Appeal of Florida
Decided December 15, 2006No. Nos. 2D06-1091, 2D06-1104PublishedCited by 5 opinions
1Opinion of the Court
KELLY, Judge.
The appellants, REO Properties Corporation (REO Properties) and Branch Banking &' Trust Company (BB & T), appeal from the order of the trial court setting aside a foreclosure sale based on an objection by the losing bidder at-the sale. Because the objecting party failed to establish a valid basis for setting aside the sale, we conclude that the trial court abused its discretion and accordingly reverse.
REO Properties and BB & T held the first and second mortgages on property that was to be sold at a foreclosure sale. BB & T, the second mortgage holder, was the high bidder at the…
2Cases cited2 opinions
- Heilman v. Suburban Coastal Corp.District Court of Appeal of Florida · 1987
- Smith v. First National Bank of Pompano BeachDistrict Court of Appeal of Florida · 1976
3Cited by5 opinions
- Whitburn, LLC v. Wells Fargo Bank, N.A.District Court of Appeal of Florida · 2016
- Jagodinski v. Washington Mutual BankDistrict Court of Appeal of Florida · 2011
- Jagodinski v. Washington Mutual BankDistrict Court of Appeal of Florida · 2011
- Pealer v. Wilmington Trust National AssociationDistrict Court of Appeal of Florida · 2017
- Pealer v. Wilmington Trust National AssociationDistrict Court of Appeal of Florida · 2017