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TRUSTEE’S SALE OF 17 KNOLLWOOD DRIVE, TROUTVILLE, VA 24175.

April 21, 2023
in Legals
Reading Time: 2 mins read
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In execution of a certain Deed of Trust dated August 1, 2003, in the original principal amount of $111,000.00 recorded in the Clerk’s Office, Circuit Court for Botetourt County, Virginia, in Book 0000 at Page 0167 as Instrument No. 0307051. The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for Botetourt County, Main Street, Fincastle, VA 24090 on July 3, 2023, at 12:00 PM, the property described in said Deed of Trust, located at the above address, and more particularly described as follows: ALL THAT CERTAIN TRACT OR PARCEL OF LAND SITUATE, LYING AND BEING IN THE COUNTY OF BOTETOURT, STATE OF VIRGINIA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: LOT 1, BLOCK 1, ACCORDING TO THE MAP OF SECTION 1, KNOLLWOOD, MADE BY T.P. PARKER AND SON, ENGINEERS AND SURVEYORS, DATED FEBRUARY 2, 1973, OF RECORD IN THE CLERK`S OFFICE OF THE CIRCUIT COURT FOR BOTETOURT COUNTY, VIRGINIA, IN PLAT BOOK 7, PAGE 76.  TERMS OF SALE: ALL CASH. A bidder’s deposit of ten percent (10%) of the sale price or ten percent (10%) of the original principal balance of the subject Deed of Trust, whichever is lower, in the form of cash or certified funds payable to the Substitute Trustee must be present at the time of the sale. The balance of the purchase price will be due within fifteen (15) days of sale, otherwise Purchaser’s deposit may be forfeited to Trustee. Time is of the essence.  If the sale is set aside for any reason, the Purchaser at the sale shall be entitled to a return of the deposit paid. The Purchaser may, if provided by the terms of the Trustee’s Memorandum of Foreclosure Sale, be entitled to a $50 cancellation fee from the Substitute Trustee, but shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee’s attorney. A form copy of the Trustee’s memorandum of foreclosure sale and contract to purchase real property is available for viewing at www.bwwsales.com.  Additional terms, if any, to be announced at the sale and the Purchaser may be given the option to execute the contract of sale electronically.  This is a communication from a debt collector and any information obtained will be used for that purpose. The sale is subject to seller confirmation. Substitute Trustee: Equity Trustees, LLC, 8100 Three Chopt Road, Suite 240, Richmond, VA 23229. For more information contact: BWW Law Group, LLC, attorneys for Equity Trustees, LLC, 6003 Executive Blvd, Suite 101, Rockville, MD 20852, 301-961-6555, website: www.bwwsales.com. VA-208643-6.

 

 

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