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MOODY v. GLENDALE FEDERAL BANK

No. 94-1032.

643 So.2d 1149 (1994)

Stanley A. MOODY, a/k/a S.A. Moody, Appellant, v. GLENDALE FEDERAL BANK, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied November 2, 1994.

Attorney(s) appearing for the Case

Lawrence Natinsky, Coral Gables, for appellant.

Smith & Hiatt, and Robert W. Lee, Fort Lauderdale, for appellee.

Before SCHWARTZ, C.J., and NESBITT and LEVY, JJ.

SCHWARTZ, Chief Judge.

The order setting aside the result of a foreclosure sale is reversed because the $45,000.00 successfully bid for the property, which was not shown to be worth more than the $62,341.99 amount1 of the foreclosure judgment, did not constitute the "gross" or "startling inadequacy" which is a prerequisite to the granting of that relief. Arlt v. Buchanan, 190 So.2d 575, 577 (Fla...

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