News

Apr 20, 2025

Foreclosure Sale Details: 222 Marcia and 1001A Woodmont Boulevard, Nashville on May 2, 2025 (1pm)

By Exo Legal,

Property to be Foreclosed

The Properties being foreclosed are more particularly described in the Foreclosure Sale Notices published in the Nashville Ledger.  Full copies of the Foreclosure Sale Notices can be accessed at the Tennessee Press Association’s Public Notice website.

The street addresses of the properties subject to the foreclosure sales are: (1) 222 Marcia Avenue, Nashville, Tennessee 37209; and (2) 1001 Woodmont Boulevard, Unit A, Nashville, Tennessee 37204.

Information Presented Is Subject to Change

Please be advised that the information presented on this website is subject to change in advance of the Foreclosure Sales or by Trustee’s announcement at the Foreclosure Sales, so please review the information on this site in advance of the sale date to confirm that no information has changed or been updated.

The full and final sale terms and conditions will be presented to the parties at the Foreclosure Sales, in advance of the sale process.

Foreclosure Sale Notice Information

The sale is being conducted pursuant to Foreclosure Sale Notices dated April 10, 2025, which has been (and/or will be) published three consecutive weeks prior to the sale in the Nashville Ledger.

Foreclosure Sale Details

The sales will take place on May 2, 2025, at 1:00pm and 1:15pm Central – Nashville Time. The location is the Davidson County Courthouse, 1 Public Square, Nashville, Tennessee 37201.

The Trustee will be present at the sale site approximately 15 minutes in advance of the scheduled Foreclosure Sales. Subject to availability, the Trustee may be able to answer questions in advance of the sale.

Any parties intending to bid on the Collateral Properties are encouraged to appear early and be prepared to provide contact information and photo identification to the Trustee for the party who will be bidding.

Foreclosure Sale Process

Starting at 1:00pm Central – Nashville time on May 2, 2025, the Trustee will announce the full and final terms and conditions of the Foreclosure Sales to all parties in attendance. The Trustee will then read the Foreclosure Sale Notices in full, and the Trustee may address any other questions about the Foreclosure Sales at that time. Once each Foreclosure Sale Notice is read, the Trustee will offer the collateral for sale via in-person bidding to the parties in attendance. This will be done by two separate sales.

Studio Bank, the foreclosing lender, may, but will not be required to, enter a starting bid, to be presented by the Trustee.

Once an initial bid is presented, the bidding will then proceed in minimum increments of $1,000.00. A record of every bid and bidder will be recorded.

Bidding will close when no other party present is willing to offer a bid that is at least $1,000.00 higher than the then-highest bid.

Once bidding has stopped, the winning bidder will be immediately required to sign a Sale Contract in the amount of their high bid on that property. If that bidder is unwilling to sign the Sale Contract, the Trustee may request the holder of the next-highest bid to sign the Sale Contract, as allowed under the Foreclosure Sale Notices.

As noted above, while any person or entity is encouraged to appear and bid, any LLC or other corporate entity bidders will also need to have an individual associated with the LLC sign (with proof of identification for any persons) and be personally obligated to perform under the Sale Contract.

This Sale Contract will be a legal and binding agreement for the sale of the collateral to the high bidder.

The Sale Contract will require the high bidder to pay 10% of the winning bid amount to the Trustee by 4:00pm CST on the date of the sale (May 2, 2025), which will be held by the Trustee in escrow pending the closing of the sale.

The Sale Contract will contain a provision that Trustee shall be entitled to retain and hold the escrow funds as a credit toward the purchase or as a credit toward any damages for breach.

The Sale Contract will contain a provision that the Trustee shall convey title to the Property described in the Deed of Trust and in the Foreclosure Sale Notices via Substitute Trustee’s Deed. As provided in the Foreclosure Sale Notice, Trustee will make no covenant of seisin, marketability of title or warranty of title, express or implied, and will sell and convey the subject real property by Substitute Trustee’s Deed as Substitute Trustee only.

Closing on the sales shall occur on or before May 9, 2025, unless that date is extended in writing.

As provided under the Foreclosure Sale Notices, Trustee will be entitled to sell to the next highest bidder in the event that the high bidder breaches and, if that next highest bidder declines, the Trustee may offer the Property to the next highest bidder to that bidder, and so on.

As to all or any part of the Property, the right is reserved to (i) delay, continue or adjourn the sale to another time certain or to another day and time certain, without further publication and in accordance with law, upon announcement of said delay, continuance or adjournment on the day and time and place of sale set forth above or any subsequent delayed, continued or adjourned day and time and place of sale; (ii) sell at the time fixed by this Notice or the date and time of the last delay, continuance or adjournment or to give new notice of sale; (iii) sell in such lots, parcels, segments, or separate estates as Trustee may choose; (iv) sell any part and delay, continue, adjourn, cancel, or postpone the sale of any part of the Property; (v) sell in whole and then sell in parts and consummate the sale in whichever manner produces the highest sale price; (vi) and/or to sell to the next highest bidder in the event any high bidder does not comply with the terms of the sale.

Additional Information

Please bookmark this page and confirm that there are no updates or changes prior to the Foreclosure Sales. In the event of any inconsistency between this page and the Foreclosure Sale Notices or the Trustee’s announcement at the Foreclosure Sales, the terms of the Foreclosure Sale Notices and announcement at the Foreclosure Sales shall control.

Any inquiries, questions, or other requests should be directed to David Anthony, Trustee, at david@exolegal.com