Foreclosure Notice - 603 Ashby Ct, Allen, 75002 - 09/01/2026
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Address
Auction Date
Foreclosure
Appraised
Year Built
Lien
Sq. Ft.
Prop Type
Address
Foreclosure
Year Built
Prop Type
603 Ashby Ct
09/01/2026
mortgage
$391,037
1986
2,162
Residential R (A1)
603 Ashby Ct
mortgage
1986
Residential R (A1)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
COTTONWOOD BEND NO 5 (CAL), BLK 13, LOT 16
Links
Additional info
Appraised Value:  $391,037
Year Built:  1986
Lien Amount:  
Improvement Area:  2,162 sq.ft.
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Foreclosure Notice*
e'er° 026 AUG 10 PM 1: it NOTICE OF FORECLOSURE SALE S ACEY KE ; P COUNTY CLERK COLLIN OY. TEXAS Deed ofTrust: Dated: July 3, 2025 RY DEPUTY Grantor: QUN PENG Trustee: Matthew C. Aycock Lender: Capital Fund I, LLC, an Arizona limited liability company Loan Servicer: Capital Fund I, LLC, an Arizona limited liability company Recorded: Instrument # 2025-2025000084641, recorded on July 7, 2025, in the official Real Property ( Deed) Records of COLLIN COUNTY, Texas Secures: Promissory Note (" Note") in the original principal amount of 261, 000.00, executed by QUN PENG(" Borrower") andpayable to the order ofLender Maturity Date: July 1, 2026 Legal Description: Lot 16, Block 13, REPLAT OF COTTONWOOD BEND NO. 5, an addition to the City ofAllen, Collin County, Texas, according to the map or plat thereofrecorded in Volume F, Page 274 Map Records of Collin County, Texas; and more commonly known as 603 Ashby Court, Allen, TX 75002. FORECLOSURE SALE: Date: Tuesday, September 1, 2026 Time: The sale of the Property will be held between the hours of 10:00 a.m. and 1: 00 p.m. local time; the earliest time at which the Foreclosure Sale will begin is 10:00 a.m. and not later than three hours thereafter. Place: THE SOUTHWEST ENTRANCE OF THE JACK HATCHELL COLLIN COUNTY ADMINISTRATION BUILDING LOCATED AT 2300 BLOOMDALE ROAD, MCKINNEY, TEXAS 75071, OR IF THE PRECEDING AREA IS NO LONGER THE DESIGNATED AREA, AT THE AREA MOST RECENTLY DESIGNATED BY THE COUNTY COMMISSIONERS COURT Terms of Sale: The Foreclosure Sale will be conducted as a public auction and the Property will be sold to the highest bidder for cash, except that Lender' s or Loan Servicer' s bid may be by credit against the indebtedness secured by the lien ofthe Deed ofTrust. Substitute Trustee: Bennett M. Wyse, Ted Gambordella, Carol Dunmon, Mary Mancuso, Michele Hreha, Shelley Ortolani, Francesca Ortolani, Guy Wiggs, David Stockman, Brenda Wiggs, Donna Stockman, NOTICE OF FORECLOSURE SALE III 11E111 IIJJ IIIUIIft PAGE 1 OF 3 4883381z Janet Pinder, Brandy Bacon, Michelle Schwartz, Jamie Dworsky, Angela Brown, Payton Hreha, Jeff Benton, Leslie Shuler, Bonny Mounger, and/or Robin Shelton Default has occurred in the payment ofthe Note and in the performance ofthe obligations of the Deed of Trust. Because of that default, Lender, the owner and holder of the Note, or its Loan Servicer, has requested Substitute Trustee to sell the Property. The Deed ofTrust may encumber both real and personal property. Formal notice is hereby given ofLender's, or Loan Servicer's election to proceed against and sell both the real property and any personal property described in the Deed ofTrust in accordance with Lender' s rights and remedies under the Deed ofTrust and section 9.604(a) ofthe Texas Business and Commerce Code. Therefore, notice is given that on and at the Date, Time, and Place for the Foreclosure Sale described above, Substitute Trustee will sell the Property in accordance with the Terms of Sale described above, the Deed ofTrust, and applicable Texas law. If Lender or Loan Servicer passes the Foreclosure Sale, then notice of the date of any rescheduled foreclosure sale will be reposted and refiled in accordance with the posting and filing requirements ofthe Deed ofTrust and the Texas Property Code. The Foreclosure Sale will be made expressly subject to any title matters set forth in the Deed of Trust, but prospective bidders are reminded that by law the Foreclosure Sale will necessarily be made subject to all prior matters ofrecord affecting the Property, ifany, to the extent that they remain in force and effect and have not been subordinated to the Deed ofTrust. For the avoidance of doubt, the Foreclosure Sale will not cover any part of the Property that has been released ofpublic record from the lien and/or security interest ofthe Deed ofTrust by Lender, or Loan Servicer. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent ofsuch matters, ifany. Pursuant to section 51.009 ofthe Texas Property Code, the Property will be sold "AS IS," without any expressed orimplied warranties, except as to the warranties( ifany) provided forunder the Deed ofTrust. Prospective bidders are advised to conduct an independent investigation ofthe nature and physical condition ofthe Property. Pursuant to section 51.0075(a) ofthe Texas Property Code, Substitute Trustee reserves the right to set further reasonable conditions for conducting the Foreclosure Sale. Any such further conditions shall be announced before bidding is opened. for the first sale of the day held by Substitute Trustee. THIS INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE(S) IDENTIFIED HEREIN TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE. THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY, SUBSTITUTE TRUSTEE, OR OTHER AUTHORIZED AGENT OF THE MORTGAGEE OR LOAN SERVICER. NOTICE OFFORECLOSURE SALE PAGE 2 OF 3SUBSTITUTE TRUSTEE: By: Ted Gambordella, Substitute Trustee 5910 N Central Expy, Suite 920 Dallas, Texas 75206 Tel. (214) 473-5551 Fax. ( 214) 540- 9333 Tgambordel la@prattaycock. corn NOTICE OF FORECLOSURE SALE PAGE 3 OF3
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