Missouri Court Blocks Auction of Home for $10

     (CN) – A Missouri woman who lost her house convinced the state court of appeals to block the re-sale of the home for $10.

     Sun Ye Webster’s home was repossessed by the sheriff after she failed to pay a judgment for unpaid homeowners’ association dues totaling $1,613.
     The sheriff auctioned the house, and S & P Properties Inc. had the high bid of $10. The appraised value is $110,500.
     Webster sought to overturn the sale, on the grounds that the price was grossly inequitable. The trial court and Judge Romines agreed.
     “If a sale price is grossly inadequate, the sale can be set aside on those grounds alone,” Romines wrote.

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