First-Citizens Bank & Trust Co. v. Reikow
Court of Appeals of Washington
1Opinion of the CourtBjorgen, J.
¶1 First-Citizens Bank & Trust Company sued Bruce and Sandra Reikow for a deficiency judgment following a trustee’s sale of real property securing a commercial loan, then in default, which the Reikows had guaranteed. The trial court granted partial summary judgment to First-Citizens as to the amount of the debt and the Reikows’ liability for any deficiency, but ultimately dismissed the complaint after holding an evidentiary hearing and finding that the fair value of the property exceeded the amount owing on the loan.
¶2 First-Citizens appeals, alleging that the trial court erred in denying it…
2Cases cited16 opinions
- Mayer v. Sto Industries, Inc.Washington Supreme Court · 2006
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- Bain v. Metropolitan Mortgage Group, Inc.Washington Supreme Court · 2012
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- Schroeder v. Excelsior Management Group, LLCWashington Supreme Court · 2013
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