Edwards v. Federal Deposit Insurance Corp.

The appellants appeal the deficiency judgment entered against them. The ap-pellee (“FDIC”) cross-appeals the deficiency amount based on the court’s failure to include the amount of unpaid ad valorem taxes in its deficiency calculation. We affirm in all respects, except we reverse and remand for a recalculation of the deficiency amount.

The FDIC asserts the trial court erred in its determination of the deficiency amount by failing to reduce the fair market value of the property by the amount of unpaid ad valorem taxes. In addition, the FDIC argues that the trial court could not equitably reduce…