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INVESTORS SAVINGS BANK v. PHELPS

1560

303 S.C. 15 (1990)

397 S.E.2d 780

INVESTORS SAVINGS BANK, formerly Investors Savings and Loan Association, Respondent v. Gary W. PHELPS and Rudig Trophies, Defendants, and Johnny M. Flynn, foreclosure bidder, Appellant.

Court of Appeals of South Carolina.

Decided October 29, 1990.

Attorney(s) appearing for the Case

W. Daniel Yarborough, Jr., Greenville, for appellant.

Clifford O. Koon, Jr., of Rogers, Thomas, Cleveland, Koon, Waters & Tally, Columbia, for respondent.

Heard October 8, 1990.

Decided October 29, 1990.

SANDERS, Chief Judge:

This is an appeal from an order of the Master-in-Equity setting aside a foreclosure sale. On the thirtieth day after the sale, appellant Johnny M. Flynn, a stranger to the mortgage being foreclosed, bid $510 for the subject property, outbidding by $10 the previous bid of the mortgagee, respondent Investors Savings Bank. The Master granted the motion of Investors to set aside the...

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