"Penrose/Fayette Street" Two Story Townhome

12896_fayette2308_front.jpg

Listing Details

Sold Price
$35,000
Auction Date
Auction Time
11:15 AM
Address
2308 W. Fayette Street, Baltimore, MD, 21223
County
Baltimore City
Scroll down for Complete Details, including: property description and Terms of Sale.

David H. Cohen, Solicitor
Cohen and Forman, LLC
334 St. Paul Place
Baltimore, MD 21202


TRUSTEES' AUCTIONS

BALTIMORE CITY
INVESTMENT PROPERTIES


Sales On Respective Premises
WEDNESDAY, FEBRUARY 20, 2008
At The Following Times

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


    By virtue of the Decrees for Sale of Mortgaged Premises of the Circuit Court for Baltimore City passed in the matters of Lakeside National, LLC, Plaintiff vs. the Defendants referenced below, the undersigned Trustees will sell at Public Auction, on the premises, the following:

    All those fee simple and leasehold lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the Mortgages from the Defendants to Plaintiff, recorded among the Land Records of Baltimore City, as stated below.

AT 11:15 A.M.
2308 W. FAYETTE STREET
Off 100 N. Bentalou Street
“Penrose/Fayette Street” 21223
TWO STORY TOWNHOME

Photos of auction
property
FRONT VIEW    STREET SCENE    LOCATION MAP

        Defendant - Dionne Ebron, Case No. 24-0-07-002390, mortgage dated April 19, 2007, recorded in Liber 09377, folio 0389.  The property is improved by a two story inside-group brick townhome, believed to contain a living room, dining room and kitchen, on the first floor; 3 bedrooms and bath on the second floor; basement; gas hot water heat; lot size 13'8" x 75', more or less.  In fee simple.  Required Deposit - $2,500.

 

TERMS OF SALE

Deposits as stated above, 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 Cohen and Forman, LLC. 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 Mortgage, from date of sale to date of settlement. All adjustments as of date of sale. Taxes, ground rent 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 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 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 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.


David H. Cohen or W. Scott Tinney, Trustees


No Buyer's Premium