Colonial Discount Corp. v. Bowman

ROBERTSON, Judge.

Colonial Discount Corporation (Colonial) appeals the trial court’s adverse decision which awarded $1,510.00 to Loren and Brenda Bowman (Bowmans) in recognition of their equity in realty purchased from Colonial under two contracts.

We dismiss the appeal because the trial court lacked jurisdiction to enter a judgment.

On May 16,1977, Bowmans entered into a contract to purchase two lots, located in Putnam County, from Colonial. The purchase price was $9,400.00, with a downpayment of $940.00, and the balance of $8,460.00 was to be paid over a period of 180 months, at 12.34%…