Recent Georgia appellate court decisions impact lenders' foreclosure and confirmation practices

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Jeffery Saxby has prepared a Client Alert addressing the following recent decisions by Georgia appellate courts:

• An appraiser’s inclusion of a margin of error in making a value determination could save lenders from certain challenges during confirmation proceedings;

• A statute that authorizes lenders to rescind foreclosure sales survives a challenge in the Georgia Supreme Court; and

• An appraisal expert’s failure to inspect the interior of residential foreclosure property may result in the trial court’s refusal to confirm a foreclosure sale.

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