"Edgewood - Watergate North"

Two Story Townhome
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Listing Details

Sold Price
$10,000
Auction Date
Auction Time
10:00 AM
Address
1924 Eloise Lane, Edgewood, MD, 21040
County
Harford County
Neighborhood
Edgewood, Watergate North
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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W. Scott Tinney, Solicitor
Cohen and Forman, LLC
334 St. Paul Place
Baltimore, MD 21202

SUBSTITUTE TRUSTEES' AUCTION

EDGEWOOD

"Watergate North"

TWO STORY TOWNHOME

Sale On Premises
1924 ELOISE LANE
Harford County, MD 21040

THURSDAY, JULY 30, 2015
AT 10:00 A.M.

    Under and by virtue of the power of sale contained in a certain Refinance Deed of Trust from Charles R. Mullins and Carol E. Mullins to the Trustee therein, dated May 19, 2006, and recorded among the Land Records of Harford County, Maryland, in Liber 6788, Page 554, the holder of the indebtedness secured thereby having appointed the undersigned to act as Substitute Trustees, in place and stead of the aforementioned Trustee, by instrument duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Substitute Trustees will sell at Public Auction, on the premises, the following:

    All that fee simple lot of ground and the improvements thereon, situate and lying in Harford County, State of Maryland and being more fully described in the above-referenced Deed of Trust.

    The property is improved by a TWO STORY INSIDE-GROUP VINYL SIDED TOWNHOME.  According to published tax records, the home was built in 1975, contains 1,040 square feet of living area and 520 square feet of basement space.  The house is believed to contain a living room, dining room, kitchen, 3 bedrooms, 1.5 baths, family room and utility room; electric heat pump and central air conditioning.  Lot size 20' x 57', more or less.

    TERMS OF SALE:  A $3,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's Office.  The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Harford County at the offices of the Substitute Trustees.  If payment of the 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 stated in the Note executed in connection with the foreclosed Deed of Trust, from date of sale to date of settlement.  If settlement is delayed for any reason, there will be no abatement of interest.  All adjustments as of date of sale.  Taxes, homeowners association fees and all other public charges and assessments payable on a monthly or annual basis, including 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, without express or implied warranty as to the nature and description of the improvements as contained herein;  subject to easements, agreements, restrictions or covenants of record affecting same, if any; and subject to the Declaration and Bylaws of the Watergate or Watergate North Homeowners Association.  Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward.  The purchaser waives and releases the Substitute Trustees, the holder of the indebtedness, 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 Substitute Trustees are 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 Substitute Trustees, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser.  Time shall be of the essence for the purchaser.

No Buyer's Premium

W. Scott Tinney, Geoffrey L. Forman and
David H. Cohen, Substitute Trustees