COX v. MIDLAND FEDERAL SAV. & LOAN ASS'N

No. 84CA1029.

740 P.2d 23 (1987)

Barry B. COX, and Donna C. Cox, Plaintiffs-Appellees, v. MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION, Defendant-Appellant.

Colorado Court of Appeals, Div. II.

Rehearing Denied June 25, 1987.


Attorney(s) appearing for the Case

Jorge E. Castillo, P.C., Jorge E. Castillo, Denver, for plaintiffs-appellees.

Fairfield and Woods, Daniel R. Frost, Patrick F. Kenney, Denver, for defendant-appellant.


STERNBERG, Judge.

The plaintiffs, Barry B. and Donna C. Cox, hired a general contractor to build a home on land they owned, for approximately $105,000. The plaintiffs applied for and obtained a $100,000 construction loan from the defendant, Midland Federal Savings and Loan Association. The home was built, a certificate of occupany issued, and the plaintiffs moved into the home in December 1979. Unanticipated expenses caused by delays in completion, extra costs, and...

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