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DUGGAN v. INDEPENDENT MORTG. CORP.

Civ. A. No. 87-0782-A.

670 F.Supp. 652 (1987)

Tim and Mary DUGGAN, Plaintiffs, v. INDEPENDENT MORTGAGE CORP. and R. Douglas Trent, Defendants.

United States District Court, E.D. Virginia, Alexandria Division.

October 2, 1987.

Attorney(s) appearing for the Case

Kenneth E. Labowitz, Fagelson, Schonberger, Payne & Arthur Oakton, Va., for plaintiffs.

Kevin McCormick, Springfield, Va., for defendants.

MEMORANDUM OPINION

ELLIS, District Judge.

This matter comes before the Court on defendant Independent Mortgage Corporation's motion to dismiss pursuant to Rule 12 of the Federal Rules of Civil Procedure. For the reasons stated below, this Court grants defendant's motion and dismisses plaintiffs' complaint.

I. BACKGROUND

In April 1987, the plaintiffs, Tim and Mary Duggan, entered into a contract for the purchase of real estate located in...

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