"Patterson Place" Two Story Brick Townhome

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Listing Details

Sold Price
$52,500
Auction Date
Auction Time
2:30 PM
Address
2425 E. Fayette Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Patterson Place
Scroll down for Complete Details, including: property description and Terms of Sale.

Rogers, Moore & Rogers, LLP, Solicitors
6 S. Calvert Street
Baltimore, Maryland 21202


ASSIGNEES' SALE
                                     
PATTERSON PLACE


2 STORY BRICK TOWNHOME

Sale On Premises
2425 E. FAYETTE STREET
(Off Montford Ave.)
Baltimore, MD 21224


TUESDAY, AUGUST 25, 2009
AT 2:30 P.M.

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


        Under and by virtue of the power of sale contained in a certain Mortgage from Patterson Park Community Development Corporation to Homewood Federal Savings Bank, dated November 14, 2005 and recorded among the Land Records of Baltimore City  in Liber 7191, Folio 365, default having occurred under the terms thereof, and at the request of the party secured thereby, having assigned the same to William C. Rogers,  Jr. and W. Charles Rogers, III,  the undersigned Assignees will sell at Public Auction, the following:


        All that fee simple parcel of ground situate and lying in Baltimore City, and being more fully described in the aforementioned Mortgage.


        The property is improved by a two story brick townhome containing living room and kitchen on the 1st floor; 2 bedrooms and bath on the 2nd floor.  Basement.  Gas hot water heat. Lot size:14' x 70', more or less.


        BLOCK PLAT (pdf)


        The information pertaining to the improvements has been obtained from sources deemed reliable, but no warranty is being made either express or implied as to the accuracy of this information.


        TERMS OF SALE:  A deposit by certified check or cashier's check of $5,000 will be required of the purchaser at time and place of sale. Deposit to be increased to10% of the purchase price within 24 hours at the offices of the Auctioneer. 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 the Attorneys.  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 Mortgage  from date of sale to date of settlement.  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.  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, Mortgage Holder, or Auctioneer.  Cost of all documentary stamps and transfer taxes to be paid by the purchaser.  Time shall be of the essence for the purchaser.  Risk of loss on the purchaser from date of sale.


William C. Rogers, Jr.
W. Charles Rogers, III, Assignees