Hudson Pilot Sues Over Real Estate Deal

DANVILLE, Calif. (AP) — The pilot acclaimed for safely landing a plane in New York’s Hudson River has filed a lawsuit over a real estate deal in Northern California.

Chesley Sullenberger and his wife, Lorraine, claim the $935,000 they paid for a building in the city of Paradise in 2002 was well above its market value. They accuse bank officials and the real estate broker of overinflating the price.

The suit seeks a nullification of the original loan and reimbursement for alleged overpayments. A trial is set for September if mediation talks fail.

The real estate broker, Cherie Huillade, tells the Press Democrat of Santa Rosa the property’s appraisal was accurate.

Sullenberger became a hero after safely ditching a jet carrying 155 people in the waters off Manhattan in January 2009.

(Copyright 2011 by The Associated Press.  All Rights Reserved.)

  • rmcsticks

    WOW : dishonest real estate brokers what a supprise… And a bad bank unheard of.. On the other hand this is why you should do your own research, but this is not the only case on the books….

  • Really?

    Um… old Sully agreed to buy the property at the listed price… didn’t it have to appraise before the loan was granted? Have to think he’s about 9 years late on this.

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