Details for Trustee's Sale 238 Locust Lane

TRUSTEE’S SALE OF 238 LOCUST LANE, DANVILLE, VA 24540. In execution of a certain Deed of Trust dated June 25, 2001, in the original principal amount of $42,975.00 recorded in the Clerk’s Office, Circuit Court for Danville City, Virginia as Instrument No. 01-3303 . The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for Danville City, 401 Patton Street, Danville, Virginia on January 15, 2020, at 3:30 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 TOGETHER WITH THE BUILDINGS AND IMPROVEMENTS THEREON, AND THE PRIVILEGES AND APPURTENANCES THEREUNTO BELONGING, LYING, BEING AND SITUATE IN THE CITY OF DANVILLE, VIRGINIA, DESIGNATED AS FOLLOWS: FRONTING 49.96 FEET ON THE EASTERN SIDE OF LOCUST LANE AND RUNNING BACK THEREFROM 260.67 FEET ON THE NORTH AND 266.0 FEET ON THE SOUTH, TO AN IRREGULAR REAR LINE OF 49.40 FEET, AS SHOWN ON A MAP SHOWING SURVEY OF LOT FOR JOHN T. AND CHRISTINE B. MOODY DATED FEBRUARY 15, 1986, MADE BY H.S. PEIRCE, SURVEYOR, RECORDED IN THE CLERK`S OFFICE OF THE CIRCUIT COURT FOR THE CITY OF DANVILLE, VIRGINIA, IN DEED BOOK 723, AT PAGE 396. 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 Additional terms, if any, to be announced at the sale. 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, 2101 Wilson Blvd., Suite 1004, Arlington, VA 22201. 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: VA-336763-5.


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