Absolute Auction Above $10,000

Essex
0.23 acre lot
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Listing Details

Sold Price
$10,000
Auction Date
Auction Time
11:00 AM
Auction Note
Sale To Be Held: Main Entrance - Courthouse Steps, Circuit Court for Baltimore County, 401 Bosley Avenue, Towson, MD 21204
Address
Old Eastern Avenue, Essex, MD, 21221
County
Baltimore County
Neighborhood
Essex
Financing
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Scroll down for Complete Details, including: property description and Terms of Sale.

Lender Disposition of REO Property at
ABSOLUTE AUCTION
Above $10,000 Minimum Bid Per Lot

5 - RESIDENTIAL &
COMMERCIAL LOTS
Located In
Baltimore County
and Harford County

Sale To Be Held
Main Entrance - Courthouse Steps
Circuit Court for Baltimore County
401 Bosley Avenue, Towson, MD 21204
Get directions from Google Maps

TUESDAY, AUGUST 4, 2015
AT 11:00 A.M.

NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

Each lot will be sold to the highest bidder above $10,000.  All are sold in fee simple, free and clear of liens.

 Property Identification
Tax Account Number
 Description

OLD EASTERN AVENUE
Just west of Stemmers Run Road
Essex, Baltimore County, MD 21221

Tax Account #15-1502003333

0.23 acre clear commercial site, located on the north side of Old Eastern Avenue, between Essex Discount Mattress and 2nd Ave. Value Store.  Public records indicate the property is zoned BL, Business Local.  Public utilities may be available.

Legal Description

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TERMS OF SALE:  A $2,500 deposit on each lot, payable by cashier's check, will be required of the Purchaser at time and place of sale.  If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the Purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the Purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the Purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the Purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser.  Time is of the essence.

No buyer’s premium.