Fidelity Bank, N.A. v. Bourger

FORD ELLIOTT, Judge:

Appellant comes before us challenging a trial court order denying appellant’s Petition to Fix Fair Market Value pursuant to 42 Pa.C.S.A. § 8103(a). Finding that the trial court committed an error of law, we reverse.

The facts giving rise to the instant appeal can be quickly recounted:

On April 7, 1992 [appellant] confessed judgment against [appellee] for $360,047.22 ... [Appellant] subsequently executed on [appellee’s] real property ... [Appellant] purchased the Property for $30,800 after bidding at the Sheriffs sale on January 4, 1993. The Property was deeded to [appellant]…