Mechanics Farmers Sav. Bank v. Delio, No. Cv89-0098285 (Feb. 26, 1991)

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.] MEMORANDUM OF DECISION It is well settled "that the confirmation of a foreclosure sale is the final determination by the court that the mortgage property was sold at a fair price, the defense of inadequacy of price cannot be raised in subsequent proceedings, and for the purpose of a deficiency decree the price obtained at the sale is conclusive on the question of the market value of the property." Cronin v. Gager-Crawford Co., 128 Conn. 688, 692 (1942). Because the trial court can disapprove a sale if found to be…