"Nottingham - Joppa Vale" Two Story Home

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Listing Details

Sold Price
$147,000
Auction Date
Auction Time
11:00 AM
Address
9002 Lodi Road, Baltimore County, MD, 21236
County
Baltimore County
Neighborhood
Nottingham, Joppa Vale
Scroll down for Complete Details, including: property description and Terms of Sale.

MSO Legal Partners, LLC, Solicitors
7500 Old Georgetown Road - Suite 1385
Bethesda, MD 20814

SUBSTITUTE TRUSTEES' AUCTION
                        
NOTTINGHAM
"Joppa Vale"

TWO STORY HOME

Sale On Premises
9002 LODI ROAD
Off Carlise Avenue, Between
Joppa and Ebenezer Roads
Baltimore County, MD 21236

MONDAY, JUNE 17, 2013
AT 11:00 A.M.

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


      Under and by virtue of the power of sale contained in a certain Deed of Trust from Daniel W. Cleary to the Trustees therein, dated March 22, 2007, and recorded among the Land Records of Baltimore County, Maryland, in Liber 25571, folio 244, subsequently assigned, the holder of the indebtedness secured thereby having appointed the undersigned 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 that leasehold lot of ground and the improvements thereon, situate and lying in Baltimore County, State of Maryland and being more fully described in the above-referenced Deed of Trust;  subject to an annual $150 ground rent, payable half-yearly on the 25th days of March and September in each and every year; lot size 65' x 103', more or less.


      The improvements are believed to comprise a two story vinyl sided home, containing a living room, dining room, kitchen, 3 bedrooms, 1.5 baths, basement, gas heat and central air conditioning.  According to public tax records, the home was built in 1959 and contains 1,452 square feet of living area and 600 square feet of basement space.


      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 Baltimore 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 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, ground rent, and all other public charges and assessments payable on an annual or monthly 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 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


Terrance Shanahan, William O'Neil and
Kurt Mueller, Substitute Trustees