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Lindley Estes is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Five townhouses added to list of Belmont properties to be sold

Five townhouses in Caroline County’s Belmont West subdivision will also be sold as part of the foreclosure proceedings involving the neighborhood’s developer.

The finished townhouses on Westmont Drive and Westgate Court are scheduled to be sold at auction at 1 p.m. Dec. 27 in front of Caroline’s Circuit Court in Bowling Green. The townhouses are owned by Frank and Linda Sealy’s Crown Homes LLC.

Most of the Sealys’ properties in the Belmont area — which include more than 200 acres — as well as Spotsylvania County will be auctioned Dec. 11.

Bill Casterline, a Fairfax County attorney whose Blankingship & Keith law firm has been hired to run the auctions, said the five townhouses would have been included with the other auctions Dec. 11, but the title work wasn’t completed in time to meet the public notice deadlines.

Union First Market Bank is the lender on all the properties scheduled for auction Dec. 11 and Dec. 27.

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Permalink: http://news.fredericksburg.com/businessbrowser/2012/12/03/five-townhouses-added-to-list-of-belmont-properties-to-be-sold/