Gutherie v. Ford Equipment Leasing Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that the appraiser’s discount of over 50 percent based on a “quick sale value” was excessive and did not constitute a true market value
• remanding case for consideration of resale after holding that creditor failed to prove property sold for true market value
• adopting IRS estate tax definition of “fair market value” in foreclosure confirmation
• “OCGA § 44-14-161 (b) must be read to require proof of true market value under the usual market conditions for sales of such property”
• trial court did not abuse its discretion in finding good cause for resale where creditor proved that it obtained an appraisal, albeit a “fatally flawed” one, before the sale and sold the property for an amount equal to that appraisal
• trial court did not abuse its discretion in finding good cause for resale where creditor proved that it obtained an appraisal, albeit a “fatally flawed” one, before the sale and sold the property for an amount equal to that appraisal

Source: CourtListener parenthetical corpus (CC0).