Seller's Comments and Description:
NOTICE OF SUBSTITUTE TRUSTEE SALE
11004 Ring Road, Reston, VA 20190
By virtue of the power and authority contained in a Deed of Trust dated September 24, 2004, and recorded in Deed Book 16553, Page 0103 in the Clerk’s Office for the Circuit Court for Fairfax County, VA, securing a loan which was originally $280,000.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the front of the entrance to the new Fairfax County Courthouse located at 4110 Chain Bridge Road, Fairfax, VA 22030 on:
January 9, 2019 at 11:00 AM
improved real property, with an abbreviated legal description of Lot Three (3), Block Seven (7), Section (9), Reston, as the same appears duly dedicated, platted and recorded in Deed Book 3157 at page 660 and corrected in Deed Book 3270 at page 364 among the Land Records of Fairfax County, Virginia, and as more fully described in the aforesaid Deed of Trust.
TERMS OF SALE: The property will be sold “AS IS,” WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO conditions, restrictions, reservations, easements, rights of way, and all other matters of record taking priority over the Deed of Trust to be announced at the time of sale. A deposit of $20,000.00, or 10% of the sale price, whichever is lower, in cash or cashier’s check payable to the SUBSTITUTE TRUSTEE will be required at the time of sale. The balance of the purchase price, with interest at the rate contained in the Deed of Trust Note from the date of sale to the date said funds are received in the office of the SUBSTITUTE TRUSTEE, will be due within fifteen (15) days of sale. In the event of default by the successful bidder, the entire deposit shall be forfeited and applied to the costs and expenses of sale and Substitute Trustee's fee. All other public charges or assessments, including water/sewer charges, whether incurred prior to or after the sale, and all other costs incident to settlement to be paid by the purchaser. In the event taxes, any other public charges have been advanced, a credit will be due to the seller, to be adjusted from the date of sale at the time of settlement. Purchaser agrees to pay the seller's attorneys at settlement, a fee of $445.00 for review of the settlement documents.
Additional terms will be announced at the time of sale and the successful bidder will be required to execute and deliver to the Substitute Trustees a memorandum or contract of the sale at the conclusion of bidding.
FOR INFORMATION CONTACT:
Rosenberg & Associates, LLC
(Attorney for the Secured Party)
4340 East West Highway, Suite 600
Bethesda, Maryland 20814
December 21, 2018
December 28, 2018