"Westfield"

Two Story Brick Home
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Listing Details

Sold Price
$57,000
Auction Date
Auction Time
11:00 AM
Address
2719 E. Northern Parkway, Baltimore, MD, 21214
County
Baltimore City
Neighborhood
Westfield
Additional Documents
Financing
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Scroll down for Complete Details, including: property description and Terms of Sale.

Cohen and Forman, LLC
334 St. Paul Place
Baltimore, MD 21202

ASSIGNEES' AUCTION

WESTFIELD

TWO STORY BRICK HOME

Sale On Premises
2719 E. NORTHERN PARKWAY
Off Old Harford Road
Baltimore, MD 21214

WEDNESDAY, JUNE 29, 2016
AT 11:00 A.M.

    Under and by virtue of the power of sale contained in a certain Mortgage from Michelle Frances Journey, dated March 28, 2002, and recorded among the Land Records of Baltimore City, in Liber 2337, folio 68, said Mortgage having been assigned to the undersigned Assignees for foreclosure purposes, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Assignees will sell at Public Auction, on the premises, the following:

    All that leasehold lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the above-referenced mortgage; subject to an annual $90 ground rent; lot size 40' x 146', more or less.

    The property is improved by a two story brick detached home, believed to contain a living room, dining room, kitchen, 3 bedrooms, bath and basement.  According to published tax records, the home was built in 1935, contains 1,587 square feet of living area, 867 square feet of basement space, and 200 square foot garage, with driveway.

    The property will be sold subject to a prior Deed of Trust in the approximate amount of $5,000, plus interest and fees thereon.  The amount due thereon will be announced at time of sale.

    TERMS OF SALE:  A $5,000 deposit, payable by 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 Baltimore City at the Assignees' office.  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 foreclosed Mortgage, from date of contract to date of settlement.  If settlement is delayed for any reason, there will be no abatement of interest.  All adjustments as of date of contract.  Taxes, ground rent 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 contract 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;  and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  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 contract forward.  The purchaser waives and releases the Assignees, 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 Assignees 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 Assignees, 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.

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