McCullough v. D. Waldenmeyer, Inc.

In this action, the plaintiffs sought to recover the sum of $4265.00 in damages from the defendant for the alleged failure of the defendant to complete the terms of a contract for the purchase of real estate in which a dwelling was to be constructed by the defendant. The contract is dated May 16, 1960. The purchase price was $18,585.00. The plaintiffs made a down payment of $1585.00 and claimed that the balance was to be financed by a low interest rate mortgage loan of $17,000 to be insured by the Federal Housing Administration, which the defendant agreed to procure.

The dwelling was…