A Hanover County residential property is heading to a public auction early next year after defaulting on its original financing terms, according to a public notice.
Mechanicsville Property Defaults on 2021 Deed of Trust
The upcoming trustee’s sale centers on 7409 Sandy Ln, Mechanicsville, VA 23111, identified as Parcel ID 8714-48-0079. Default occurred under the terms of a Deed of Trust dated March 26, 2021. The original principal amount secured by the property was $248,417.00. Records show the document was initially filed in the Clerk’s Office of the Circuit Court of Hanover County, Virginia, on March 29, 2021, under Instrument No. 20210329000068960 in Book 3304, Page 691. A rerecorded version followed on February 23, 2022, logged as Instrument No. 20220223000028330 in Book 3345 at Page 2951.
Legal description records indicate the address is situated on Lot 2, in Block B, of Jernigham—previously and erroneously referred to as Jerningham—on a subdivision plat recorded in the Clerk’s Office of the Circuit Court of Hanover County. The plat details are cataloged in Plat Book 22, page 149, and re-recorded in Plat Book 23, page 7.
Public Auction Occurs January 6 at Hanover Courthouse
Substitute Trustees will offer the property at a public auction scheduled for January 6, 2027, at 1:30 PM. The bidding will take place at the main entrance of the Courthouse for the Circuit Court of Hanover County, located at 7530 County Complex Road, Hanover, VA 23069.
The auction operates under strict financial terms. The sale requires cash. Successful bidders must provide a deposit of $24,841.70 or 10% of the sale price, whichever is lower, at the time of the sale. Prospective bidders must register prior to the auction and present a valid bid deposit. Trustees may hold these deposits during the proceedings. Acceptable deposit formats include certified funds and cash, though cash contributions are capped at a maximum of $9,900.00.
The trustee will retain the winning bidder’s deposit and apply it directly toward the final purchase price. Unsuccessful bidders will have their held deposits returned following the auction. Settlement must be completed within 15 days.
The winning bidder assumes full responsibility for securing possession of the property. Additionally, the buyer must cover all costs and fees associated with recording the Trustee’s Deed, which includes the grantor’s tax. Buyers are also required to execute a Memorandum of Trustee’s Sale—available for review prior to the event—which outlines further terms governing the transaction and settlement. The Trustee’s attorney will prepare the Trustee’s Deed at the expense of the high bidder.
File management for the proceeding is handled by Vylla Solutions – Virginia, LLC, located at 283 Constitution Drive, Suite 102, Office B, Virginia Beach, VA 23462. Inquiries are directed to File No. 26-43453 via telephone at 888-313-1969. The notice explicitly notes that this communication originates from a debt collector.
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