Attorneys at Law
After Hour Emergency Number -
Call or Text 757-800-1000
|Property Address:||Sale date:||Opening bid|
Please note if you are a borrower, heir or party to a pending foreclosure sale, and would like to request a payoff, you may send your written request no less than three (3) days prior to the scheduled sale via fax to (757) 301-3640 or via postal mail to 2492 North Landing Road, Suite 104, Virginia Beach, VA 23456.
SALE: Neither the FORECLOSURE COMMISSIONER nor the holder of the note secured
by the deed of trust will deliver possession of the property to the successful
bidder. The purchaser at the sale will be required to pay all closing costs.
Real estate taxes, water/sewer fees and other public charges will be prorated
as of the date of sale. The risk of loss or damage to the property passes to
the purchaser immediately upon the conclusion of the sale. A bidder's deposit
of ten percent (10%) of the sale price in the form of certified funds payable
to the Secretary of Housing and Urban Development and must be present at the
time of sale. Foreclosure Commissioner shall have no duty to obtain possession
for purchaser. The property and the improvements thereon will be sold "AS
IS" and without representation or warranties of any kind. The sale is
subject to all liens, encumbrances, conditions, easements and restrictions, if
any, superior to the mentioned deed of trust and lawfully affecting the
property. 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 and audit of the status of the loan with the loan
servicer including, but not limited to, determination of whether the
borrower(s) reinstated or paid off the loan prior to the sale. 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 Purchaser's deposit without interest.
Additional terms to be announced at the sale. HUD does not guarantee that the
property will be vacant.