Residential Capital, LLC v. CAL-WESTERNRE CONVEYANCE CORP.

Opinion

HUFFMAN, Acting P. J.

This action arises out of a nonjudicial foreclosure sale conducted under the power of sale in a trust deed encumbering residential real property (property). Plaintiff Residential Capital, LLC (Residential Capital), submitted the high bid at the sale. However, defendant Cal-Westem Reconveyance Corporation (Cal-Westem), the trastee under the trust deed, did not deliver to Residential Capital a trustee’s deed to the property because it learned after the bidding that the trustor (Arvizus) and the beneficiary (Bank One) under the trust deed had agreed to postpone the…