"Summit Ridge - The Falls Garden Condominiums" Well Maintained, Garden Condominium Unit

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Listing Details

Sold Price
$140,000
Auction Date
Auction Time
11:00 AM
Address
2211 Woodbox Lane - Unit A, Baltimore County, MD, 21209
County
Baltimore County
Neighborhood
Summit Ridge, The Falls Garden Condominiums
Scroll down for Complete Details, including: property description and Terms of Sale.

Moore, Carney, Ryan & Lattanzi, LLC
4111 E. Joppa Road, Suite 201
Baltimore, Maryland 21236

ASSIGNEES' SALE
                            
SUMMIT RIDGE
"The Falls Garden Condominiums"

Well Maintained
GARDEN CONDOMINIUM UNIT
2 Bedrooms ◆ 2 Baths ◆ Fireplace

Sale On Premises
2211 WOODBOX LANE - UNIT A
Off Old Pimlico Road
Baltimore County, MD 21209

FRIDAY, DECEMBER 16, 2011
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 mortgage from Howard S. Mishner to Northwest Savings Bank, successor interest to Leeds Federal Savings and Loan Association,  dated September 24, 1992 and recorded among the Land Records of Baltimore County in Liber S.M. 9388, Folio 731, default having occurred under the terms thereof, and at the request of the party secured thereby having assigned the same to Richard E. Lattanzi, Lisa M.L. Eisemann and Kristin H. Williams, Assignees, the undersigned will sell at Public Auction, the following:


      All that fee simple 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 Mortgage.


      The property is reportedly improved by a first floor garden apartment condominium unit comprising 1,443 square feet (according to tax records) comprising a living room, dining room, eat-in kitchen, master bedroom with large walk-in closet and private bath, additional bedroom and hall bath;  wood burning fireplace; heatpump and central air; landscaped courtyard; community pool.


      CONDOMINIUM PLAT (pdf)     FLOOR PLANS (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 is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers.  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 Assignees.  If payment of the balance does not take place within the specified time, the deposit will 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 of 8.25% per annum, 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, subject to the Declaration and By-Laws of The Falls Garden Condominium, without express or implied warranty as to the the nature and description of the improvements as contained herein as well as all dimensions 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 Assignees, 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 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, Noteholder or Auctioneer.  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 Buyer's Premium!


      Authority to cancel this sale rests solely with the Assignees and/or the Auctioneer. Prospective buyers should disregard all other statements and comments made by any other person or entity regarding minimum bids, pricing and cancellations of the sale. Additional terms may be announced at the time of sale. The Assignees reserve: (1) the right to accept or reject any or all bids; (2) the right to modify or waive the requirements for bidders' deposits and terms of sale and/or settlement; (3) the right to withdraw the Property from the sale before acceptance of the final bid; and (4) the right to cancel or postpone the sale.


Richard E. Lattanzi, Lisa M.L. Eisemann,
Kristin H. Williams, Assignees