Default having been made in the terms of a certain Deed of Trust dated 1/5/2024, in the original principal amount of $264,926.00 and recorded in the Clerk’s Office of the Circuit Court of the Botetourt County, Virginia on 1/8/2024, as Instrument No. 240000041, the undersigned Substitute Trustees will sell at public auction on 3/4/2026 at 2:00 PM, Front of building of the Circuit Court Building For Botetourt County, 1 West Main Street, Fincastle, Virginia 24090, the property designated as 187 SPRING HOLLOW RD, TROUTVILLE, VA 24175.
Located in the County of Botetourt, Commonwealth of Virginia:
Lot 15, Block 2, according to Map No. 2 Subdivision, Portion of Property of S. E. Wilkinson and G. W. Wills, made by C. B. Malcolm & Son, S.C.E., dated November 21, 1951, recorded in the Clerk’s Office of the Circuit Court of Botetourt County, Virginia, in Plat Book 3, page 184, and being further described as follows:
BEGINNING at the intersection of Lot 14 and Lot 15 at an iron pipe in the edge of Spring Hollow Road; thence along the property line of Lots 14 and 15, N. 30° 22′ W. 203.14 feet to an iron stake in the property line of Lots 2 and 3; thence N. 58° 44′ E. 100.01 feet to an iron stake in the property line of Lots 15 and 16; thence S. 30° 22′ E. 204.71 feet along the property line of Lots 15 and 16 to an iron stake in Spring Hollow Road; thence S. 59° 38′ W. 100 feet along Spring Hollow Road to the point of Beginning; and
BEING the same property conveyed to the Grantor herein by Deed dated January 4, 2024, recorded contemporaneously with this Deed of Trust.
TERMS: CASH. A deposit of $26,492.60 or 10% of the sale price, whichever is lower, will be required of the successful bidder at time of sale. Prior to the sale, interested bidders will be required to register with and must present a bid deposit which may be held during the sale by the trustee. The bid deposit must be certified funds and/or cash, but no more than $9,900.00 of cash will be accepted. The successful bidder’s deposit will be retained at the sale and applied to the sale price. If held by the trustee, all other bid deposits will be returned to the unsuccessful bidders. Settlement is to be made within 15 days. The successful bidder will be responsible for obtaining possession of the property, and for all costs and fees related to recording the Trustee’s Deed, including the grantors tax. The successful bidder will be required to execute a Memorandum of Trustee’s Sale, available for review upon request before the sale, outlining additional terms of sale and settlement. A Trustee’s Deed will be prepared by Trustee’s attorney at high bidder’s expense. This is a communication from a debt collector. Vylla Solutions – Virginia, LLC, 283 Constitution Drive, Suite 102, Office B, Virginia Beach, VA 23462, File No. 25-37622, Tel: 888-313-1969