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GMAC MORTGAGE CORP. v. GISVOLD

No. 96-1663.

206 Wis.2d 397 (1996)

557 N.W.2d 826

GMAC MORTGAGE CORP. OF PENNSYLVANIA, f/k/a GMAC Mortgage Corp. of Iowa, Plaintiff, Randall CUDD and Jim Claycomb, Intervenors-Respondents, v. Michael GISVOLD and Drue Gisvold, Defendants-Appellants, UNITED STATES OF AMERICA, U.S. Attorney General, Chicago Title Insurance Company, a/k/a Old Republic National Insurance Company, Title Insurance Company of Minnesota, Defendants.

Court of Appeals of Wisconsin.

Decided November 12, 1996.

Attorney(s) appearing for the Case

For the defendants-appellants the cause was submitted on the briefs of R. Michael Waterman of Mudge, Porter, Lundeen & Seguin, S.C., Hudson.

For the intervenors-respondents the cause was submitted on the brief of Catherine R. Quiggle of Rodli, Beskar, Boles & Krueger, S.C., River Falls.

Before Cane, P.J., LaRocque and Myse, JJ.

MYSE, J.

In this mortgage foreclosure action, Michael and Drue Gisvold appeal an order denying their attempted redemption and allowing the successful bidders at the sheriff's sale to complete the purchase. The Gisvolds argue that the trial court lacked the authority to allow the purchase to be completed after the bidders failed to deposit the remainder of the purchase price within the required period under § 846.17, STATS. Because we conclude the trial court...

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