Smith v. FIDELITY FEDERAL SAVINGS & LOAN ASSOCIATION

Deen, Chief Judge.

This is an appeal from an order of confirmation of sale after foreclosure under Code § 67-1503 et seq. and particularly Code § 67-1504 which provides that the court shall not confirm unless he is satisfied that the property brought its true market value at the foreclosure sale.

It appears that this property, Phase II of an apartment complex containing 84 units, was appraised immediately prior to the foreclosure proceedings by the appellee’s expert for $725,000 and then bought in by the appellee for $726,000. On the trial three appraisers valued it at $725,000, ‘$750,000 and…