00091645 —

Apr 16-2:20
Listing Began:

Description

Seller's Comments and Description:

TRUSTEE'S SALE

1432 Teagan Drive

Fredericksburg, VA 22408

In execution of the Deed of Trust dated September 24, 2021 and recorded on September 30, 2021 in Instrument # 202103849 of the City of Fredericksburg land records, Trustee Services of Virginia, LLC, the appointed Substitute Trustee, will offer for sale at public auction at the front of the Courthouse for the City of Fredericksburg, Virginia, at 701 Princess Anne Street, Fredericksburg, Virginia 22401 on May 19, 2025 at 02:00 PM the property more particularly described in the aforementioned Deed of Trust, located at the property address listed below and briefly identified as follows:

LOT 62, PHASE 5B, SUMMERFIELD, AS THE SAME APPEARS DULY DEDICATED, PLATTED AND RECORDED AS INSTRUMENT NUMBER 150002150, AND PLATS THEREOF RECORDED IN PLAT BOOK 17 AT PAGES 208-210, AMONG THE LAND RECORDS OF THE CITY OF FREDERICKSBURG, VIRGINIA.

Tax No.: 7778-25-1509

Property address: 1432 Teagan Drive,

Fredericksburg, VA 22408

The property will be sold "AS IS," WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO conditions, covenants, restrictions, reservations, easements, rights of way, and all other matters of record taking priority over the Deed of Trust, if any.

Pursuant to Code of Virginia § 55.1-321(A2), if the property is being sold subject to another priority security instrument(s), purchaser must certify that purchaser shall pay off any priority security instrument(s) no later than 90 days from the date the trustee’s deed conveying the property being sold is recorded in the land records.

TERMS OF SALE: A non-refundable bidder's deposit of $28,000.00 or 10% of the sale price, whichever is less, by cashier's or certified check required at time of sale, except for the party secured by the Deed of Trust. Risk of loss is on the purchaser from date and time of auction. Balance of the purchase price must be paid by cashier's check within 14 days from sale date. Except for Virginia Grantor tax, all settlement costs and expenses are purchaser's responsibility. Taxes are pro-rated to the date of sale. Purchaser is responsible for obtaining possession of the property. If purchaser defaults, deposit may be forfeited and property 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 return of 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 deposit without interest. Pursuant to the Federal Fair Debt Collections Practices Act, this law firm is a debt collector attempting to collect a debt and any information obtained will be used for that purpose.

(25-01550)

FOR INFORMATION CONTACT:

BROCK & SCOTT, PLLC

(Attorney for

TRUSTEE SERVICES OF VIRGINIA, LLC)

484 Viking Drive, Suite 203

Virginia Beach, VA 23452

(757) 213-2959

April 14th, 2025

April 21st, 2025

AD#91645





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