Lincoln Trust Co. v. McDowell

Defendant, Electa McDowell, appeals from an order confirming a sale in a real estate mortgage foreclosure, on the basis that the sale price was far below the actual value of the land.

The rule is: “An order confirming a judicial sale under a decree foreclosing a mortgage on real estate will not be reversed on appeal for inadequacy of price, when there was no fraud or shocking discrepancy between the value and *474the sale price, and where there is no satisfactory evidence that a higher bid could be obtained in the event of another sale.” Kansas City Life Ins. Co. v. Zakrzewski, 143 Neb. 878, 11 N.…