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575 Glynn St N, Fayetteville, GA 30214-1198 · Fayette County
No outcome reported · Sale date June 2, 2026 · no outcome reported
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For this property only. Prepared by our title team and emailed to you.
An illustrative scenario from your assumptions, not an estimate for this property.
Profit as a percentage of the total cost of the deal, earned over the 180-day hold. Not a yearly rate.
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Maximum bid for this scenario
$165,183
The highest bid that still returns 20% on all-in cost under the assumptions below. Higher repairs or a higher target lower it.
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NOTICE OF SALE UNDER POWER STATE OF GEORGIA COUNTY OF FAYETTE Under and by virtue of the power of sale contained in that certain Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents, from Denise L. Butler (“Grantor”), to and in favor of CHZ Mortgage, LLC (“Original Lender”), dated August 18, 2023, recorded October 12, 2023 at Deed Book 5662, Page 691, Fayette County, Georgia records; as assigned to Velocity Commercial Capital LLC by virtue of that Assignment of Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents, recorded March 29, 2024 at Deed Book 5707, Page 662, aforesaid, Georgia records; as assigned to U.S. Bank Trust Company, National Association as Trustee for Velocity Commercial Capital Loan Trust 2023-4 (“Lender”) by virtue of that Assignment of Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents, recorded March 29, 2024 at Deed Book 5707, Page 664, aforesaid, Georgia records (the “Security Deed”) securing that certain Term Note, dated August 18, 2023, in the original principal amount of $500,000.00 (the “Note”); there will be sold at public outcry by Lender as attorney-in-fact of Grantor to the highest bidder for cash between the legal hours for sale before the Courthouse door or any other officially designated area for such foreclosure sales in Fayette County, Georgia, on the first Tuesday, in June 2026, the following described property (the “Premises”) to wit: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 134 OF THE 5TH DISTRICT OF FAYETTE COUNTY, GEORGIA, BEING 0.406 ACRES OF LAND ACCORDING TO A PLAT OF SURVEY PREPARED BY DELTA SURVEYORS, INC., CAPTIONED “PREPARED FOR ROY HAND”, AND BEING MORE PARTICULARLY DESCRIBED ACCORDING TO SAID PLAT AS FOLLOWS: BEGINNING AT A 1/2 “ REBAR AT THE INTERSECTION OF THE NORTHERN RIGHT OF WAY LINE OF NORTH PARK DRIVE (VARIABLE R/W) WITH THE EASTERLY RIGHT OF WAY LINE OF GEORGIA HIGHWAY NO.85 (100’ R/W) THENCE PROCEEDING ALONG THE SAID RIGHT OF WAY LINE OF GEORGIA HIGHWAY NO.85 NORTH 28 DEGREES 30 MINUTES 00 SECONDS EAST 110.0 FEET TO A 1/2” R-BAR FOUND; THENCE SOUTH 88 DEGREES 47 MINUTES 52 SECONDS EAST 186.39 FEET TO A POINT; THENCE SOUTH 13 DEGREES 06 MINUTES 17 SECONDS WEST 107.64 FEET TO A POINT; THENCE NORTH 86 DEGREES 46 MINUTES 31 SECONDS WEST 214.77 FEET TO A R-BAR FOUND AT THE POINT OF BEGINNING. SUBJECT TO ALL EASEMENTS AND RESTRICTIONS OF RECORD. Parcel ID # 053003018 FURTHER LESS AND EXCEPT that property, if any, released of record. The indebtedness evidenced by the Note is due and payable and remains unpaid. The Security Deed therefore has become and is now foreclosable according to its terms. Accordingly, the Premises will be sold at public outcry pursuant to the terms of the power of sale provided in the Security Deed. The Premises will be sold on an “as is, where is” basis without recourse against Lender and without representation or warranty of any kind or nature whatsoever by Lender with respect thereto. The proceeds of the sale are to be applied first to the expenses of the sale and all proceedings in connection therewith, including attorneys’ fees (notice of intention to collect attorneys’ fees having been given), then to the payment of all sums secured by the Security Deed, and the remainder, if any, will be paid to the person or persons legally entitled thereto, all as provided in the Note and Security Deed. The Premises shall be sold as the property of Grantor, subject to all restrictions, easements and other matters of record that are prior to the Security Deed and to which the Security Deed is subject and to any unpaid city, county and state ad valorem taxes or assessments relating to the Premises. ATTENTION ALL PROSPECTIVE BIDDERS: On March 1, 2026, the data collection and reporting requirements under the U.S. Financial Crimes Enforcement Network (FinCEN) new Anti-Money Laundering Rule (the “Rule”), found at 89 FR 70258, will go into effect. The Rule applies to certain residential real estate sale transactions (including nonjudicial foreclosures) where the transfer is to a legal entity or trust, and which includes cash purchases, private financing or financing provided by an institution not subject to a federal Anti-Money Laundering or Suspicious Activity Report requirement. As part of this Rule, purchasers and sellers are required to provide additional information and documentation about themselves, their legal entities, and/or the source of funds used in the reportable transaction. The collection of this information and documentation is required to comply with the Rule’s federal reporting requirements. This notice is provided for informational purposes only and does not constitute legal advice. You are encouraged to consult with your own independent legal counsel if you have questions about how the FinCEN Anti-Money Laundering Rule affects your transaction and whether your transaction is reportable The entity that has full authority to negotiate, amend, and modify all terms of the Note with the Borrower is: Velocity Commercial Capital, LLC, as agent for Lender, Liz Dela Pena, 2945 Townsgate Rd., Suite #110, Westlake Village, CA 91361; (818) 338-9763, ldelapena@velocitycommercial.com. Please understand that the secured creditor is not required by law to negotiate, amend, or modify the terms of the Deed instrument. To the best knowledge and belief of the undersigned, the party in possession of the Premises is Grantor, Denise L. Butler, or a tenant or tenants and said property is more commonly known as 575 Glynn Street North, Fayetteville, GA, 30214. U.S. Bank Trust Company, National Association as Trustee for Velocity Commercial Capital Loan Trust 2023-4 as Attorney-in-Fact for Denise L. Butler Greg Krivo McCalla Raymer Leibert, Pierce, LLP 1544 Old Alabama Road Roswell, Georgia 30076 (678) 281-6508 Greg.Krivo@mccalla.com 26-21770GA 05/06,13,20,27
Recorded from 1 source. First recorded May 6, 2026. Record as of October 24, 2026. About this data & licence
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