HSL/LA Jolla Belvedere Enterprises v. FEDERAL SAVINGS & LOAN INSURANCE CORPORATION

Andrews, Judge.

Appellants claim the trial court erroneously confirmed the appellee’s sale of real property by non-judicial foreclosure pursuant to OCGA § 44-14-161. All four of appellants’ enumerations of error argue that there was a lack of competent evidence to support the trial court’s finding that the property sold for at least its true market value at the foreclosure sale.

Appellee foreclosed on its second priority debt deed subject to payment of an existing first mortgage over the property. At the confirmation hearing, appellee presented expert evidence showing the true market value of…