WILSON v. METROPOLITAN FEDERAL SAVINGS & LOAN ASSOCIATION

A90A0001, A90A0002, A90A0003.

196 Ga. App. 588 (1990)

396 S.E.2d 546

WILSON et al. v. METROPOLITAN FEDERAL SAVINGS & LOAN ASSOCIATION.

Court of Appeals of Georgia.

Rehearing Denied July 30, 1990.


Attorney(s) appearing for the Case

Land, McKnight, Newlin & Cohen, Robert H. McKnight, for appellants.

Hyatt & Rhoads, Debra L. Mixon, David A. Herrigel, for appellee.


POPE, Judge.

Appellants L. Don and Sadricia A. Wilson (the Wilsons) purchased three condominium units in 1984. When the Wilsons defaulted on their notes, appellee Metropolitan Federal Savings & Loan Association (Metropolitan) foreclosed on the properties. The only issue in these appeals is whether the prices paid for the properties were the true market values of the properties on the date of the foreclosure sale. OCGA § 44-14-161 (b).

Metropolitan...

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