Trustee Sale at 4900 Castlebar Ct, Richmond, VA on Jan 28, 2027

A residential property located at 4900 Castlebar Ct in Richmond, Virginia, is slated for public auction on January 28, 2027, following a default on a deed of trust dating back to October 2005.

The sale, which will take place at the front entrance of the Henrico County Circuit Court building at 4309 E. Parham Road, marks the end of a long-standing financial obligation tied to the original $151,960 loan recorded in the county clerk’s office.

The property is formally identified as Lot 30, Block A, of the Forest Green II development in Shannon Green, Section 11. The legal description of the site stems from a plat of survey originally completed by Bodie, Taylor and Puryear, Inc. on March 7, 1985.

Prospective bidders must meet a strict set of financial requirements established by the substitute trustees. The process requires a deposit of $15,196.00—or 10% of the final sale price, whichever is lower—payable at the time of the auction. The terms specify that this deposit must be provided in certified funds or cash, though the trustees will not accept more than $9,900.00 in physical currency.

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Interested parties are required to register and present their bid deposit prior to the start of the proceedings. While the successful bidder will have their deposit applied directly to the purchase price, the funds from unsuccessful bidders will be returned. The timeline for completion is compressed, with settlement expected within 15 days of the sale.

Beyond the hammer price of the property, the successful bidder assumes significant additional responsibilities. The buyer is tasked with the practical challenge of obtaining possession of the home and covering all costs associated with recording the trustee’s deed, including the grantor’s tax. The high bidder is also responsible for the legal fees incurred by the trustee’s attorney for the preparation of the deed.

These sales are often handled by specialized firms, in this case, Vylla Solutions – Virginia, LLC, based in Virginia Beach. The notice serves as a formal communication from a debt collector, showing the legal weight of the auction process. For those looking to review the specific conditions of the transfer, the Memorandum of Trustee’s Sale is available upon request prior to the event.