Court Opinion

ID: 9764211
Source: CourtListenerOpinion
Date Created: 2023-08-29 03:15:04.507932+00
Date Added: 2024-06-11T12:50:21.192428
License: Public Domain

CORNELIUS, Chief Justice,
concurring.
I concur in the judgment and in the majority opinion, except its conclusion in discussion of Point IV that the appellants did not submit summary judgment evidence of a gross inadequacy of price. In my opinion, evidence that property having an actual value of more than $500,000.00 sold at a foreclosure sale for only $28,000.00 at least raises an inference that the property’s fair cash market value was grossly in excess of $28,000.00, and thus raises a fact issue on the question whether the property brought a grossly inadequate price at the foreclosure sale.