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NORTHWEST FARM CREDIT v. LAKE CASCADE

No. 40992.

331 P.3d 500 (2014)

NORTHWEST FARM CREDIT SERVICES, FLCA, a federally chartered instrumentality of the United States of America, Plaintiff-Respondent, v. LAKE CASCADE AIRPARK, LLC, an Idaho limited liability corporation; Donald E. Miller and Candace W. Miller, husband and wife, Defendants-Appellants, and David A. Buich and Karen L. Buich, husband and wife, Defendants.

Supreme Court of Idaho, Boise, April 2014 Term.

July 31, 2014.

Attorney(s) appearing for the Case

Stoel Rives LLP, Boise, for appellants. W. Christopher Pooser argued.

Cooper & Larsen, Chartered, Pocatello, for respondent. Ron Kerl argued.

J. JONES, Justice.

Northwest Farm Credit Services recovered a deficiency judgment against the Appellants following the foreclosure of two mortgages on property located in Valley County. Lake Cascade Airpark, LLC, Donald Miller, and Candace Miller appealed the judgment, contending that the reasonable value of their foreclosed property was substantially more than the value determined by the district court.

I.

BACKGROUND

Although currently...

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