11842 Daphna Road, Broadway, VA

This single family home on 5+ acres is scheduled to be sold at a Trustee Sale on September 3, 2008 at 3:00 p.m. at the Rockingham County Courthouse.  The original principal amount on the Deed of Trust was $143,200 — though that was in 1999, so it is likely around $128k now.

As I have mentioned, I am only featuring trustee sales on this web site where there is a reasonable different between the amount of the deed of trust and the assessed value.  This property is assessed by Rockingham County at $228,700 — providing a potential equity gap of $100,000.

Trustee:  Shapiro & Burson, LLP (757-687-8777)

Source:  Daily News Record, August 19, 2008

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