I was perusing the ‘legals’ section of the Leesburg Today from January 30th (the Leesburg Today is the ‘paper of record’ where all legal notices must be published for this area) and came across a substitute trustees sale for three parcels, containing about 163 acres. From the looks of it, there are three parcels of land that were being held by Equity Homes that are going up for public auction on February 18, 2009, at 11 in the morning. Equity Homes was a builder that ‘ceased business operations’ last year, leaving several subdivisions in various stages of not finished. (I wrote about it at the time.)
You can find more information about the sale at www.tranzon.com, the website for the company that is conducting the auctions. Just register with them and you can download the full information packet. Apparently one of the tracts was set up to be the Mosby Ridge subdivision, off of Charles Town Pike. All three tracts are being auctioned as a unit and they all seem to be in the same area off Charles Town Pike, near Route 9.
Another ad detailed an auction set for the Eagle Creek Subdivision land that Equity Homes held as well, to take place at 11:30 a.m. on February 18th; that auction will be for 13 lots, including two finished homes: a Sheffield model on lot 9 and a Preston model on lot 12. The unimproved lots are offered “individually and as an entirety.” I can’t tell if both of the completed homes are being offered together or separately. (or how ‘completed’ they are, for that matter)
No word on the lots at the Highlands at Round Hill, another Equity Homes subdivision left unfinished when the company went out of business last year.
I’ll post more after the auctions as the information becomes available.