Walton v. Cagle

G.S. 1-339.30 provides, in part: “(d) When the highest bidder at a public sale of real property fails to comply with his bid within ten days after the tender to him of a deed for the property or after a bona fide attempt to tender such deed, the judge or clerk having jurisdiction may order a resale. ... (e) A defaulting bidder at any sale or resale is liable on his bid, and in case a resale is had because of such default, he shall remain liable to the extent that the final sale price is less than his bid plus all costs of such resale or resales.”

Appellant contends that the court-appointed…