CLASSIFIEDS
00088327 —
Listing Began:
Description
Seller's Comments and Description:
TRUSTEE'S SALE
2171 Logmill Road
Haymarket, VA 20169
(Tax ID No. 7201-13-7755)
And
1772 Mercer Road
Haymarket, VA 20169
(Tax ID No. 7201-19-5467)
In execution of the Commercial Deed of Trust dated August 4, 2017, and recorded among the Land Records of Prince William County, Virginia on November 13, 2017 as Instrument No. 201711130085637 (the “Deed of Trust”), SR Agents, LLC, the appointed Substitute Trustee (“Trustee”), will offer for sale at public auction in front of the Circuit Court for Prince William County, Virginia, 9311 Lee Avenue, Manassas, Virginia 20110, on November 22, 2024 at 11:00 a.m., the Property more particularly described in the aforementioned Deed of Trust and briefly identified as follows:
Parcel 1
2171 Logmill Road, Haymarket, VA 20169
(Tax ID No. 7201-13-7755)
Lot 7A, Section 4-11; in the subdivision known as BULL RUN MOUNTAIN as the same is duly dedicated, platted and recorded in Deed Book 190, Page 333 and re-subdivided in Deed Book 1012, Page 307 among the land records of Prince William County, Virginia (“Parcel 1”)
Parcel 2
1772 Mercer Road, Haymarket, VA 20169 (Tax ID No. 7201-19-5467)
Lot 11A, as per Deed of Consolidation of Lots 10, 11 and 12, Section 16, Bull Run Mountain and the plat attached thereto recorded in Deed Book 2081 at Page 1205 among the land records of Prince William County, Virginia (“Parcel 2”)
Parcel 1 and Parcel 2 are collectively referred to as the “Property.”
Parcel 1 and Parcel 2 will be offered separately, bids reserved, and then the Property will be offered in the aggregate and will be sold in the manner producing the greater amount of proceeds. The Property will be sold "AS IS," WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO any and all covenants, conditions, restrictions, liens, easements, and all other matters of record taking priority over the Deed of Trust, if any, affecting the aforesaid Property.
TERMS OF SALE: A non-refundable bidder's deposit of $14,000.00 or 10% of the sale price, whichever is less, by cashier's or certified check is required at time of sale, except for the party secured by the Deed of Trust, if the Property is sold in the aggregate. Non-refundable bidder's deposits of $7,000.00 each or 10% of the sale price, whichever is less, by cashier's or certified check are required at time of sale, except for the party secured by the Deed of Trust, will be required for Parcel 1 and Parcel 2, in the event these parcels are sold individually. The risk of loss is on the purchaser from the date and time of auction. The balance in cash or immediately available funds, with interest at 25.00% percent per annum from the date of sale to the date of settlement or the balance of the proceeds are received by the Trustee, whichever is later, payable within fifteen (15) days after the date of sale. Grantor's tax, regional congestion relief fee, Deed preparation, state and county/city transfer taxes, recordation taxes, specifically including without limitation, any recapture tax, agricultural transfer tax, all other taxes, public charges and special or regular assessments, water and sewer charges, including penalties and interest, if any, and all other costs incident to settlement are to be paid by the purchaser. Real property taxes are pro-rated to the date of sale. Purchaser is responsible for obtaining possession of the Property, or any portion thereof purchased. If purchaser defaults, the deposit may be forfeited and any portion of the Property related to the forfeited deposit will be resold at the risk and cost of the defaulting purchaser who shall be liable for any deficiency in the purchase price and all costs, expenses, and attorney’s fees of both sales. If Trustee does not convey title for any reason, purchaser's sole remedy is the return of the deposit without interest. This sale is subject to post-sale audit of the status of the loan secured by the Deed of Trust including but not limited to determining whether prior to sale a forbearance, repayment, or other agreement was entered into, the loan was reinstated or paid off, or whether the Property became subject to an automatic stay under the U.S. Bankruptcy Code prior to the sale; in any such event this sale shall be null and void and purchaser’s sole remedy shall be return of the deposit without interest. Additional terms of sale may be announced at the time of sale.
FOR INFORMATION CONTACT:
Benjamin P. Smith, Esquire
Shulman Rogers, P.A.
12505 Park Potomac Avenue, Sixth Floor
Potomac, MD 20854
(301) 230-5241
November 6,13, 2024
Ad#88327