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BANK OF IBERIA v. BRONCO REALTY, INC.

No. 84-1169.

484 So.2d 292 (1986)

BANK OF IBERIA, Plaintiff-Appellant, v. BRONCO REALTY, INC. & Lynn Breaux, Defendants-Appellees.

Court of Appeal of Louisiana, Third Circuit.

March 5, 1986.

Attorney(s) appearing for the Case

Armetor & Wattigny, Gerard B. Wattigny, New Iberia, for plaintiff-appellant.

David A. Blanchet, Lafayette, for defendants-appellees.

Before STOKER, DOUCET and YELVERTON, JJ.

STOKER, Judge.

This is a tort suit based on alleged negligent conduct on the part of a real estate appraiser in overvaluing property appraised.

Bank of Iberia made a loan to Allen and Carolyn Romero secured by a mortgage on property appraised by Bronco Realty (Bronco). The appraisal had been obtained by the Romeros. The purchasers became bankrupt, and it was ultimately found that Bronco's appraisal was far above that made by other independent appraisers. The...

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