fullscreen mode

TRUSTEE SALE OF 12 Fairway Lane, Newport News, VA 23606 In execution of the Deed

The Virginian-Pilot
Inside Business

TRUSTEE SALE OF 12 Fairway Lane, Newport News, VA 23606 In execution of the Deed of Trust dated August 24, 2007, in the original principal amount of $233,500.00, recorded as Inst. 070023752, in the Clerk's Office of the Circuit Court for the City of Newport News, Virginia, default having occurred in the payment of the indebtedness thereby secured and at the request of the holder of the note, the undersigned, as Substitute Trustee, will sell at public auction at the front entrance of the Newport News Circuit Court adjacent to 25th Street on July 24, 2018, at 9:30 a.m., the property located at the above address and described as Lot 10, Fairway Homes. TERMS: CASH. PROPERTY SOLD AS IS WITH SPECIAL WARRANTY OF TITLE. A deposit of $20,000.00 or 10% of the successful bid amount (whichever is lower) will be required immediately of the successful bidder, in cash, cashier's check or certified funds only payable to "BRIAN DOLAN LAW OFFICES, TRUSTEE", balance due within 15 days from date of sale. No personal checks accepted. Sale is subject to post sale confirmation and audit of the status of the loan including, but not limited to, determination of whether the borrower filed for and obtained bankruptcy protection, entered into any repayment agreement, reinstated or paid off the loan prior to the sale. In any such event, or if trustee is unable to complete the sale, or if it is set aside or not fully completed for any reason except purchaser's default, the sale shall be null and void, and the purchaser's sole remedy, in law or equity, shall be the return of the deposit without interest. Upon purchaser's default, the deposit shall be forfeited and the property resold at the risk and costs of the defaulting purchaser. Sale is subject to all prior liens, easements, restrictions, covenants, reservations and conditions, if any, of record, as well as inchoate liens and any other matters which would be disclosed by an accurate survey or inspection of the premises. Real estate taxes will be adjusted to the date of sale. All costs of conveyance, deed, examination of title, recording charges, grantor's tax and possession will be at the expense of the purchaser. All risks of casualty immediately pass to the successful bidder. Time is of the essence. Additional terms may be announced at the time of sale. THIS IS A COMMUNICATION FROM A DEBT COLLECTOR. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. For Information Contact: Brian Dolan Law Offices, PLLC, Substitute Trustee(s) 12610 Patrick Henry Dr., Ste. C, Newport News, VA 23602; (757) 320-0255 25689266A

Appeared in: Inside Business

Published: Inside Business - 07/09/2018, 07/16/2018