"Hampstead" Shingle Rancher Zoned BG, General Business


Listing Details

Sold Price
Auction Date
Auction Time
3:00 PM
2141 Hanover Pike, Carroll County, MD, 21074
Carroll County
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William D. Hooper, Jr., Solicitor
Hooper & Jacobs, LLC
125 N. Main Street
Bel Air, MD 21014


Zoned BG, General Business

Sale On Premises
(MD Route 30)
Carroll County, MD 21074

AT 3:00 P.M.

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      Under and by virtue of the power of sale contained in a certain Deed of Trust from Marvin S. Hale, Sr. and Terry E. Hale, Sr. to William D. Hooper, Jr., Trustee, dated January 5, 2007, and recorded among the Land Records of Carroll County, Maryland, in Liber 5129, page 550, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned 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 Carroll County, State of Maryland and being more fully described in the above-referenced Deed of Trust;  lot size 75' x 100', more or less.

      The property is improved by a one story shingle ranch home with attached one-car garage and driveway.  According to public tax records, the home was built in 1953 and contains 1,138 square feet of living area and 1,138 square feet of basement space.  The home is believed to contain 2 to 3 bedrooms and 1 bath.

      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.

      TERMS OF SALE:  A $10,000 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 Carroll County at the Trustee's 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 Deed of Trust Note, 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 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 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 Trustee, 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

William D. Hooper, Jr., Trustee