"Brooklyn Park" Porchfront Bungalow on 0.546± Acre Lot


Listing Details

Sold Price
Auction Date
Auction Time
2:00 PM
605 Holy Cross Road, Anne Arundel County, MD, 21225
Anne Arundel County
Brooklyn Park
Scroll down for Complete Details, including: property description, Terms of Sale and more.

Potts & Potts, P.A., Solicitors
200 E. Lexington Street - Suite 1102
Baltimore, MD 21202


Situated On 0.546± Acre Lot

Sale On Premises
Ritchie Highway to Hammonds Lane east
to Main Avenue left to Holy Cross Road

Anne Arundel County, MD 21225

AT 2:00 P.M.

For directions from your location, visit: maps.google.com

        Under and by virtue of the power of sale contained in a certain Refinance Deed of Trust from Dennis L. Perry, Sr. to the Trustee therein, dated April 20, 2007, and recorded among the Land Records of Anne Arundel County, Maryland, in Liber BK19032, Page 760, the holder of the indebtedness secured thereby having appointed Bryan H. Potts to act as Substitute Trustee, 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 Trustee 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 Anne Arundel County, State of Maryland and being more fully described in the above-referenced Deed of Trust; lot size 78' x 311', more or less.

        The improvements are believed to comprise a one and one-half story aluminum sided bungalow with covered front porch.  Public records indicate that the home was constructed in 1945.  The property appears to need renovation.

        SUBDIVISION PLAT (pdf)

        TERMS OF SALE:  A $5,000 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 Anne Arundel County at the offices of the Substitute Trustee.  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 and all other public charges and assessments payable on an 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;  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 sale forward.  The purchaser waives and releases the Substitute Trustee, 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 Trustee 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 Substitute Trustee, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement, including a $300 document review fee by the Seller's attorney, to be paid by the purchaser.  Time shall be of the essence for the purchaser.

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Bryan H. Potts, Substitute Trustee