Lanier v. Citizens State Bank

Pope, Judge.

This appeal arises out of a complaint brought by appellee Citizens State Bank for confirmation of sale under power contained in a deed to secure debt. The subject real property was sold on the courthouse steps to the highest bidder for $73,000 after appellant Lanier had defaulted on a promissory note to the bank in the amount of $90,000. The bank sought confirmation of the sale so it could pursue its claim for deficiency judgment pursuant to OCGA § 44-14-161. Appellant’s sole defense to the complaint was that the sale did not bring the true market value of the property. Appellant…