During the 1998 , brand new Texas Structure try revised to let homeowners in order to voluntarily encumber its homesteads that have liens in return for extension out-of credit, we
Wilfredo RIVERA and you will Ines Del C. Rivera , Appellants v. Countrywide Home loans, INC. , Landsafe Appraisal Characteristics, Inc. , and you will Shirley Burchett , Appellees .
Kirsten Meters. Castaneda , James Meters. Wortman , Robert T. Mowrey , Don C. Clayton , Locke Lord Bissell & Liddell LLP , Dallas, Jennifer Pettit , Gay, McCall, Isaacks, Gordon, Get & Roberts, P.C. , Plano, having appellees .
Wilfredo and you can Ines Del C. , Landsafe Assessment Features, Inc. , and you will Shirley P. Burchett . In the nine things, the fresh Riveras complain the fresh demonstration court erred during the granting realization wisdom with the restrictions, granting no research movements to have sumages, granting Burchett summary wisdom towards Riveras’ allege of fraudulent misrepresentation, and awarding attorney’s fees so you’re able to Burchett. I affirm in part and reverse and you may give to some extent.
e., “home security mortgage.” TEX. CONST. ways. XVI, 50 (a) (6) (A) – (Q) . ” TEX. CONST. artwork. XVI, 50 (a) (6) (B) .
The mortgage would be to getting covered of the their homestead. Countrywide called a part, Landsafe, to obtain an appraisal of the home. Landsafe subsequently asked Burchett carry out the appraisal. Burchett appraised the fresh new fair market value of the property during the $350,000 since the brand new closure big date. Countrywide loaned brand new Riveras $280,000, eighty percent of your $350,000 reasonable market price assessment. “Rivera attract summation judgments in favor of Countrywide Lenders, Inc” の続きを読む