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Real Estate & Property Law

: The Home Equity Theft Reporter

Ohio Appeals Court Nixes "Strict" Foreclosure; Says Lower Court's Failure To Order Judicial Sale An Improper Procedure Lacking Legal Authority

By r morris

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Lexology reports:In the case of Wells Fargo Bank v. Young (Drake Cty.), 2011-Ohio-122, 2011 Ohio App. LEXIS 102 (Froelich, J.), the Second District Court of Appeals held that the trial court erred by ordering a conveyance of the property via a Commissioner?s Deed, rather than ordering a judicial sale as requested by the bank.In Young, the plaintiff-bank and the defendant-debtor entered into a

Full post as published by The Home Equity Theft Reporter on February 19, 2011 (boomark / email).

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