Oates v. Sea Island Bank
Court of Appeals of Georgia
1Opinion of the Court
Sognier, Judge.
Sea Island Bank (the bank) sought confirmation of sale of real estate under a power of sale contained in a deed to secure debt executed by Oates. The bank foreclosed on the secured property when Oates defaulted on the promissory note in the amount of $70,100. The bank, the only bidder at the public sale, purchased the property for $60,000. The trial court confirmed the sale. Oates appeals.
1. Appellant contends that the trial court erred by entering an order confirming the foreclosure sale because insufficient evidence was submitted by appellee concerning the true market value…
2Cases cited9 opinions
- Thompson v. MasliaCourt of Appeals of Georgia · 1972
- Kennedy v. Gwinnett Commercial BankCourt of Appeals of Georgia · 1980
- American Century Mortgage Investors v. StricklandCourt of Appeals of Georgia · 1976
- Shantha v. West Georgia National BankCourt of Appeals of Georgia · 1978
- Liberty Mutual Insurance v. CoburnCourt of Appeals of Georgia · 1973
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3Cited by25 opinions
- Racette v. Bank of America, N.A.Court of Appeals of Georgia · 2012
- Heritage Creek Development Corp. v. Colonial BankCourt of Appeals of Georgia · 2004
- Tarleton v. Griffin Federal Savings BankCourt of Appeals of Georgia · 1992
- Hudson Trio, LLC v. Buckhead Community BankCourt of Appeals of Georgia · 2010
- Boring v. STATE BANK AND TRUST CO.Court of Appeals of Georgia · 2010
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