KOVAL v. LOEBACH


212 A.D.2d 902 (1995)

622 N.Y.S.2d 987

Andrew Koval et al., Respondents, v. Michael H. Loebach et al., Appellants. (And Another Related Action.)

Appellate Division of the Supreme Court of the State of New York, Third Department.

February 9, 1995


Casey, J.

At a public auction conducted as a result of judgments of foreclosure and sale in two mortgage foreclosure actions, plaintiffs purchased two contiguous parcels of property which they had previously sold to defendants upon defendants' execution of purchase money mortgages in plaintiffs' favor. The price paid by plaintiffs at the foreclosure sale was substantially less than the balance due on the mortgages. Defendants vacated the premises several...

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