Auction: Bank Liquidation of Eight Lots in Ford's Colony

FOR IMMEDIATE RELEASE

Williamsburg, VA

Auction: Bank Liquidation of Eight Lots in Ford's Colony

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Tranzon Fox announces the AUCTION by order of Towne Bank and its subsidiaries of eight lots in Ford's Colony, Williamsburg, Virginia. Secured by private entry gates and designed and built along landscaped roads that meander through three golf courses, ponds and forests, these eight lots will be sold via on-line auction.

For more than 20 years Ford's Colony has set the standard for gracious private community living, having been voted the number one master-planned community in America. Centrally located in the historic triangle of Virginia, these lots are convenient to Richmond, Norfolk, Virginia Beach, and Newport News.

"We are pleased to assist Towne Bank in selling these lots via online auction - the on-line auction methodology is the best way to offer bidders a choice to buy one lot, groupings of lots, or all lots," says Steven I. Fox, President of Tranzon Fox.

The lots are available now on our website www.tranzon.com with bidding ending August 23 at 11 AM ET. Bidding for each lot starts at $5000. 2017 taxes assessments range from $75,000-$112,400 per lot.

Interested parties may view the properties by appointment only since Ford's Colony is a gated community. For assistance please contact Lisa Eure at leure@tranzon.com or 757-286-2656.

For full details on the lots, please visit www.tranzon.com/FX1877.

Contact: Lisa Eure, Tranzon Fox, 757-286-2656 leure@tranzon.com.

Tranzon Fox is a member company of Tranzon, LLC. Tranzon is one of the largest real estate auction companies in the country, with over 30 offices coast-to-coast. Tranzon's accomplished auction professionals are widely recognized as leaders in the auction industry. All Tranzon companies are independently owned and operated.

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