"Coldstream-Homestead-Montebello" Townhome

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Listing Details

Sold Price
$30,000
Auction Date
Auction Time
12:45 PM
Address
2721 Hugo Avenue, Baltimore, Maryland, 21218
County
Baltimore City
Neighborhood
Coldstream-Homestead-Montebello
Scroll down for Complete Details, including: property description and Terms of Sale.

 Robert B. Greenwalt, Solicitor
611 Frederick Road
Baltimore, MD 21228


SUBSTITUTE
TRUSTEES' AUCTIONS

4 - BALTIMORE
TOWNHOMES

Sales On Respective Premises
THURSDAY, DECEMBER 4, 2008
At the Following Times

Click here for directions to all properties. 

     Under and by virtue of the power of sale contained in certain Deeds of Trust from Keith W. Summers to the Trustees therein, dated and recorded among the Land Records of Baltimore City as noted below, the holder of the indebtedness secured thereby having appointed Brett A. Solomon and Robert B. Greenwalt to act as Substitute Trustees, in place and stead of the aforementioned Trustees, 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 those leasehold and fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the referenced Deeds of Trust.

 At 12:45 P.M.
2721 HUGO AVE.

Off 2900 Harford Rd.
"COLDSTREAM-HOMESTEAD
-MONTEBELLO"

21218

Photos of auction property
FRONT VIEW     AERIAL VIEW     LOCATION MAP

     Deed of Trust dated February 22, 2007, recorded in Liber FMC 9213, folio 118.  The property is improved two story porchfront brick townhome, believed to contain a living room, dining room, kitchen, 3 bedrooms, bath and basement;  in fee simple;  lot size 14' x 90', more or less.

 

TERMS OF SALE

      A $2,500 deposit on each property, 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 Baltimore City at the offices of Robert B. Greenwalt, Esquire.  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 Notes executed in connection with the foreclosed Deeds of Trust, from date of sale to date of settlement.  All adjustments as of date of sale.  Taxes, ground rents 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 properties 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 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, 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.

No Buyers Premium.

                                                                        Brett A. Solomon and
                                                                        Robert B. Greenwalt, Substitute Trustees