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SMITH v. FIDELITY FEDERAL SAVINGS & LOAN ASSOCIATION

57396.

149 Ga. App. 730 (1979)

256 S.E.2d 43

SMITH v. FIDELITY FEDERAL SAVINGS & LOAN ASSOCIATION.

Court of Appeals of Georgia.

Decided April 9, 1979.

Rehearing Denied April 30, 1979.

Attorney(s) appearing for the Case

Morton, Humphries & Payne, J. D. Humphries, III, Ira Rachelson, for appellant.

Smith, Cohen, Ringel, Kohler & Martin, William Barwick, John A. Howard, for appellee.

DEEN, Chief Judge.

This is an appeal from an order of confirmation of sale after foreclosure under Code § 67-1503 et seq. and particularly Code § 67-1504 which provides that the court shall not confirm unless he is satisfied that the property brought its true market value at the foreclosure sale.

It appears that this property, Phase II of an apartment complex containing 84 units, was appraised immediately prior to the foreclosure proceedings by the...

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