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MODY v. CALIFORNIA FEDERAL BANK

No. 99-1864.

747 So.2d 1016 (1999)

Suresh MODY and Richard Cava, Appellants, v. CALIFORNIA FEDERAL BANK, Appellee.

District Court of Appeal of Florida, Third District.

December 15, 1999.

Attorney(s) appearing for the Case

Gelb & Spatz and Carl A. Spatz, Miami, for appellants.

Robert Barnett, Miami, for appellee.

Before JORGENSON, LEVY, and GREEN, JJ.

PER CURIAM.

Suresh Mody and Richard Cava ("Trustees") appeal the trial court's Order vacating the sale of foreclosed property and ordering a resale of the property on the grounds that the foreclosure sale bid was grossly inadequate and that said inadequacy resulted from a mistake by California Federal Bank ("California Federal"). We reverse.

On February 19, 1999, California Federal's bidding agent attended a foreclosure sale with the intention of bidding up...

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