Mechanics Farmers Sav. v. Largo Danbury, No. 30 55 63 (Apr. 11, 1994)

ARTICULATION

The instant proceeding is a foreclosure filed with the court on May 21, 1991 which went to a judgment of strict foreclosure on July 8, 1991. On the date the judgment was entered, the court heard the plaintiff's appraiser, one Steven Breiner, who testified as to his findings and his opinion of the fair market value of the property as of July 8, 1991. That opinion was two million six hundred thousand ($2,600,000) dollars. There was no allocation between land and improvements because the subject matter of the action was raw unimproved land. The court accepted that testimony CT Page…