Cal. Ct. App. 2d Dist. Div. 6 · Court of Appeal opinion · January 1, 2007
Related by Seller Proceeds + Disbursement Authorization · Seller ProceedsRomo v. Stewart Title — California Court of Appeal
California Court of Appeal, Fourth District, Division Three · 35 Cal.App.4th 1609
Teaches how credit-bid foreclosures interact with seller proceeds still held in escrow — surplus funds are not automatically swept into the lender's bid.
Published appellate opinion only. Money Store v. Southern California Bank (2002) 98 Cal.App.4th 722 (supporting link) on post-close escrow disbursement duties.
- Court / region
- Cal. Ct. App. 4th Dist.
- Case number
- 35 Cal.App.4th 1609
- Filed
- January 1, 1995
- Source record
- Court opinion
- Procedural posture
- Court of Appeal opinion
- Money movement stage
- Seller proceeds stage
- Record gap
- Release-decision gap
- Strongest reviewed source
- Published opinion
- Allegation / finding status
- Court ruling
- Disposition
- Court of Appeal opinion
- Last posture checked
- 2026-05-31
- Reviewed
- 2026-05-31
What happened
Court held when a lender credit-bids at foreclosure, the seller's net sale proceeds held in escrow may still belong to the seller rather than being applied to the credit bid without an express agreement.
What it hinged on
Amount involved
Amount not stated in reviewed source.
Result
Court of Appeal opinion
Why this belongs here
Teaches how credit-bid foreclosures interact with seller proceeds still held in escrow — surplus funds are not automatically swept into the lender's bid.
Documents to inspect
- Seller instructions
- Authorization request
- Callback log
- Wire confirmation
- Closing statement
- Escrow instructions
This list is inferred from the topic pattern, not asserted as an extracted document list for this case.
What the file needed to show
Current reviewed metadata frames the file issue this way:
Timeline
Topics
Seller Proceeds·Disbursement Authorization
Related patterns
Related records are selected from shared topics, hinge category, court type, and posture. They are discovery aids, not claims that the facts or results match.
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Source record
What this record does not show
This reviewed record does not show a court finding that any company or person did anything wrong unless the linked source expressly says so. Read the primary source for allegations, posture, and outcome.
Limit: Published appellate opinion only. Money Store v. Southern California Bank (2002) 98 Cal.App.4th 722 (supporting link) on post-close escrow disbursement duties.