A one-acre residential parcel in Sumter County is scheduled for public auction on December 7, 2026, following a decree from the Court of Common Pleas.
The foreclosure sale stems from a legal action filed by U.S. Bank National Association, acting as Indenture Trustee under the indenture for the COLT 2021-RPL1 Trust. The litigation targets the estate and heirs of the late James Edward White, alongside several corporate lienholders including 1st Franklin Financial Corporation.
The auction will take place at 12:00 PM at the Sumter County Judicial Center, located at 215 N. Harvin St. in Sumter, South Carolina. The property sits at 1670 Boulevard Road and carries a decades-long chain of title dating back to a February 1964 deed transfer from Hosea Ramsey to Edward White.
Pay Interest and Deposit Guarantee for Sumter County Sale
The Master-in-Equity for Sumter County will conduct the sale for cash. The winning bidder must pay interest at a current rate of 10% on any remaining balance from the sale date through the date of compliance.
Successful bidders other than the plaintiff must immediately deposit five percent of their total bid in cash or via certified check with the Master-in-Equity as a good-faith guarantee. Because the plaintiff has waived a personal deficiency judgment, bidding will not remain open, and immediate compliance is expected.
If the winning bidder fails to complete the transaction within 20 days, the Master-in-Equity will schedule a resale. Subsequent sales will continue on future sales days at the financial risk of the defaulting bidder.
Property Title and Disclaimers
The property is being sold subject to existing taxes, assessments, easements, and recorded restrictions. Court records show that neither the court, the plaintiff, nor the plaintiff’s legal counsel provide any warranty regarding the physical condition of existing improvements or the validity of the title.
Prospective buyers are advised to review property records and assess any potential liabilities independently before placing a bid.