U.S. v. Buchman

In action by govt. to foreclose on mortgage on defendant's farm land after defendant had defaulted on debts owed to Dept. of Agriculture, Dist. Ct. did not err in entering judgment of foreclosure and confirming sale of farm land even though defendant contended that sale price was approximately $200,000 less than what defendant's expert had appraised said land. Dist. Ct. could properly reject defendant's appraisal in favor of instant sale price that was generated through competitive auction. Fact that judgment did not allow defendant opportunity to redeem property did not invalidate judgment where defendant forfeited redemption issue by failing to answer instant complaint and by waiting to raise issue until over year had passed after applicable judgment had been entered.