Taylor Spring townhome foreclosure offers a possibility of $29,300 of equity


Taylor Spring townhome foreclosure offers a possibility of $29,300 of equity
By Scott Rogers • July 3, 2008
The townhome located at 2979 Diamond Spring Lane (pictured to the right) may soon be sold at a trustee sale. The property was originally purchased for $200,345 on July 31, 2006. The mortgage that may be foreclosed on had an original principal amount of $160,000. This townhome (circa 2006) features three bedrooms, two full baths, a half bath, and over 1500 finished square feet. The current assessed value of the property is $189,300 --- thus, compared to the original principal amount of the deed of trust, an opportunity exists for at least $29,300 of equity. Click here to view other townhomes currently for sale in Taylor Spring. The trustee sale is scheduled for July 16, 2008 at 3:30 p.m. at the Rockingham County Circuit Court. A deposit of $15,000 (cash or certified check) will be required at the time of the sale. To learn more about foreclosures, you might consider reading these articles: Buying a foreclosure sale before the sale Types of foreclosure opportunities How and why to buy property at a foreclosure sale Receive Updates by Email Recent Articles: Strong Contract Activity In Local Housing Market, Again, In November Home Inspection Contingency Modifications Updates On Rezoning Proposals For Several Proposed Residential Communities Demand Is HIGH For Income Generating Properties Townhomes Now Under Construction In Phase Two of The Townes at Congers Creek Preston Lake Urgent Care Center Under Construction The Phoenix at Harrisonburg, A Senior Living Community, Viewed From Above Apartments That Look Like Townhouses Under Construction On Boyers Road Apartment Complex Under Construction On Boyers Road Preston Lake Apartments, A View From Above
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Dec 07, 2021 (unless otherwise noted).
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