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: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
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 Nov 22, 2024 (unless otherwise noted).
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