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PEACHTREE MORTGAGE CORPORATION et al. v. FIRST NATIONAL BANK OF ATLANTA (two cases).
54007.
54008.
BANKE, Judge.
Confirmation of sale. Cobb Superior Court. Before Judge Hames.
Judgment was entered confirming the sales, and the appellants appeal.
1. In their answer to the appellee's complaint, the appellants counterclaimed for the alleged excess of the property's fair market value over its sale price. The counterclaim was dismissed by the trial judge, and the appellants contend that the court thereby committed error. This contention is meritless. A monetary counterclaim filed by the debtor will not be entertained in a confirmation proceeding. Jones v. Hamilton Mtg. Corp., 140 Ga. App. 490 (231 SE2d 491) (1976); Scroggins v. Harper, 138 Ga. App. 783 (1) (227 SE2d 513) (1976).
2. The existence vel non of a default is also irrelevant to the issues in a confirmation procedure. Hamilton Mtg. Corp. v. Bowles, 142 Ga. App. 882 (3) (1977). Therefore, if the trial judge erred in admitting the appellee's computer records without foundation in order to show default, such error was harmless.
3. The trial judge did not err in denying the appellants' demand for a jury trial. in a confirmation proceeding there is neither a constitutional nor a statutory right to a trial by jury. Jonesboro Invest. Trust Association v. Donnelly, 141 Ga. App. 780 (2) (234 SE2d 349) (1977); Kilgore v. Life Ins. Co. of Ga., 138 Ga. App. 890 (3) (227 SE2d 860) (1976).
In the instant case, an expert appraiser testified as to his opinion of the true market value of each parcel of land and gave his reason for the opinion. Based on those appraisals, it could be found that the property when sold brought its true market value. Although the appellants present a serious challenge to the means by which the appraisers reached their opinions, the expert opinions do provide sufficient evidence of true market value to support the trial court's ruling. An expert need not give reasons for an opinion. See Lewis v. State Hwy. Dept., 110 Ga. App. 845 (2) (140 SE2d 109) (1964). But, if the expert does give reasons, and it appears that the opinion is not based on sheer speculation, then this court cannot second guess the methodology utilized to reach the opinion. See Clemones v. Alabama Power Co., 107 Ga. App. 489 (2) (130 SE2d 600) (1963).
Smith, Cohen, Ringel, Kohler & Martin, Robert W. Beynart, David K. Whatley, for appellee.
Savell, Williams, Cox & Angel, Henry Angel, for appellants.
ARGUED JUNE 8, 1977 -- DECIDED JUNE 29, 1977 -- REHEARING DENIED JULY 20, 1977 -- CERT. APPLIED FOR.
Friday May 22 06:41 EDT


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