Details for 260 N. Main Street


TRUSTEE'S SALE Real property and improvements at 260 N. Main Street, Amherst, VA 24521 In execution of the Deed of Trust in the original principal amount of $95,000.00 dated December 29,2020 and recorded in the land records of Amherst County, Virginia land records at Instrument 200004539, default having been made in the indebtedness secured thereby, the undersigned Substitute Trustee will offer for sale at public auction at the main entrance of the Amherst County Circuit Court located at 113 Taylor St, Amherst, VA 24521 the above referenced property as identified by metes and bounds on page 2 of the Deed of Trust aforesaid on January 25, 2022 at 1:00 PM TERMS OF SALE: The property will be sold "AS IS," WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO any environmental or other conditions, covenants, restrictions, reservations, easements, rights of way, prior liens, and all other matters of record taking priority over the Deed of Trust, if any, Substitute Trustee shall have no obligation to deliver possession of the property to Purchaser or any other obligation with respect to the premises. A bidder's deposit of $9,000.00 or 10% of the sale price, whichever is lower, will be required at the time of sale in the form of a certified check or cashier's check from the purchaser or the bid will be rejected. Successful bidder will be required to sign a memorandum of sale at the time of the sale and settle by remitting the balance of the purchase price within fourteen (14) days of sale. If the buyer wishes to use their own settlement company and documentation, there will be a fee of $300.00 for review of their settlement documents. 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 according to the Code of Virginia. Substitute Trustee Trustee shall have no obligation to deliver possession of the property to Purchaser or any other obligation with respect to the premises. All other public charges or assessments, including water/sewer charges to be prorated through date of sale; those incurred after the sale date, 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. Sale is subject to post sale confirmation that the borrower did not file for protection under the U.S. Bankruptcy Code prior to the sale as well as to post-sale confirmation of the status of the loan with the loan servicer including, but not limited to, determination of whether the borrower entered into any repayment agreement, reinstated or paid off the loan prior to the sale or whether other legal impediment to title exists. In any such event, 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. Additional terms may be announced at the time of sale. FOR INFORMATION CONTACT: Cohn Goldberg Deutsch, 410-296-2550 or BLUE RIDGE TRUSTEES LLC

260 N. Main Street, Amherst, VA