Setchell v. Dellacroce

This is an action to compel specific performance of an alleged oral agreement to refinance certain real property or to permit the redemption of the property after the expiration of the period permitted by statute for redemption after foreclosure of a trust deed. In the event that specific performance should be unavailable, judgment for damages was demanded.

The record reflects that F. M. Setchell purchased certain real property from Raymond and Christine Dellacroce, who will hereinafter be referred to by last name only. Setchell made a down payment, assumed obligations under a first mortgage…