Roesch v. Klemann
Annotate this CaseThis case centered on a judicial foreclosure action brought by Karl L. Roesch and River Terrace Estates, Inc. against Daniel L. Klemann, Cornerstone Financial, Inc., and Shea Realtors, PLLC. Roesch obtained a foreclosure judgment and decree of sale against Klemann in the amount of $307,800.62. The judgment also provided that interest would accrue on the indebtedness through the date of the sheriff's sale. When the district court later learned that the rate used to calculate the interest was the rate set forth in the note, it ordered counsel to prepare another judgment calculating the interest based upon the statutory post-judgment rate defined in the Idaho Code. Roesch appealed the amended judgment, arguing that he was entitled to interest at the note rate through the date of the sale. Finding no error, the Supreme Court affirmed the amended judgment.
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