TRUSTEE'S SALE - 722 VIRGINIA AVE E BIG STONE GAP, VA 24219

February 17, 2025

TRUSTEE'S SALE

722 VIRGINIA AVE E

BIG STONE GAP, VA 24219

In execution of the Deed of Trust in the original principal amount of $47,500.00, dated September 3, 2009, and recorded as Instrument Number 200902919 in Wise County land records, the appointed Substitute Trustee will offer for sale at public auction at the front doors of the courthouse of the County of Wise, Main Street, Wise, Virginia 24293-1248 on March 26, 2025 at 2:30 pm, the property described in said deed of trust, located at the above address and more particularly described as follows:

ALL THAT CERTAIN LOT OR PARCEL OF REAL ESTATE SITUATE, LYING AND BEING NEAR THE TOWN OF BIG STONE GAP, RICHMOND MAGISTERIAL DISTRICT, WISE COUNTY, VIRGINIA, AND DESIGNATED AND DESCRIBED AS:

LOT NUMBER 1 AS SHOWN ON A PLAT MARKED "WA-MILL ACRES SUBDIVISION" OF RECORD IN THE CLERK'S OFFICE OF THE CIRCUIT COURT OF WISE COUNTY, VIRGINIA, IN DEED BOOK 450, AT PAGE 206, TO WHICH REFERENCE IS MADE, AND BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS:BEGINNING AT AN IRON PIN, WHICH PIN IS REFERENCED N 54-10 E 100 FEET FROM THE INTERSECTION OF THE EASTERLY LINE OF WEST 8TH STREET AND THE SOUTHERLY LINE OF VIRGINIA AVENUE; THENCE S 43-45 E A DISTANCE OF 125 FEET TO AN IRON PIN; THENCE N 54-10 E A DISTANCE OF 75 FEET TO AN IRON PIN; THENCE N 43-45 W A DISTANCE OF 125 FEET TO AN IRON PIN; THENCE S 54-10 W A DISTANCE OF 75 FEET TO THE BEGINNING.

BEING THAT PROPERTY CONVEYED UNTO TIMOTHY H. PHILLIPS, REBECCA D. KELLY AND BRIAN K. PHILLIPS BY DEED DATED JURY 7, 2009 FROM TIMOTHY H. PHILLIPS ET ALS., WHICH SAID DEED IS OF RECORD IN THE CLERK'S OFFICE OF WISE COUNTY AS INSTRUMENT 200902178. AND BEING THAT SAME PROPERTY CONVEYED UNTO BRIAN K. PHILLIPS BY DEED FROM TIMOTHY H. PHILLIPS AND REBECCA D. KELLY WHICH SAID DEED IS TO BE RECORDED IN THE WISE COUNTY CIRCUIT COURT CLERK'S OFFICE.

PARCEL ID: 016276

The property and improvements will be sold in "as is" physical condition without warranty of any kind.

TERMS OF SALE: A non-refundable bidder's deposit of 10% of the sale price or 10% of the original principal amount of the subject Deed of Trust, whichever is lower, by cashier's or certified check required at time of sale except for the party secured by the Deed of Trust. Risk of loss on purchaser from date and time of auction. Balance of the purchase price must be paid by cashier's check within 15 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 bankruptcy was filed, a forbearance, repayment or other agreement was entered into or the loan was reinstated or paid off; in any such event this sale shall be null and void and purchaser’s sole remedy shall be return of deposit without interest. This communication is from a debt collector and is an attempt to collect a debt and any information obtained will be used for that purpose.

SUBSTITUTE TRUSTEE:

RAS Trustee Services, LLC, 101 North Lynnhaven Road, Suite 104

Virginia Beach, Virginia 23452

FOR INFORMATION

CONTACT:

RAS Trustee Services, LLC, Substitute Trustee

c/o Robertson, Anschutz, Schneid, Crane & Partners, PLLC

11350 McCormick Road,

Executive Plaza I, Suite 302

Hunt Valley, Maryland

21031

(844) 442-2150