"West Forest Park" Opposite Forest Park Golf Course 3 Bedroom, 2.5 Bath Brick Rancher

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Listing Details

Sold Price
$103,000
Auction Date
Auction Time
2:00 PM
Address
4801 W. Forest Park Avenue, Baltimore, MD, 21207
County
Baltimore City
Neighborhood
West Forest Park
Scroll down for Complete Details, including: property description and Terms of Sale.

W. Scott Tinney, Solicitor
COHEN AND FORMAN, LLC
334 St. Paul Place
Baltimore, MD 21202

TRUSTEES' AUCTION
                                       
WEST FOREST PARK
Opposite Forest Park Golf Course

3 Bedroom ◆ 2.5 Bath
BRICK RANCHER

Sale On Premises
4801 W.
FOREST PARK AVENUE
Off Hillsdale Road
Baltimore City, MD 21207

WEDNESDAY, MARCH 13, 2013
AT 2:00 P.M.

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


      Under and by virtue of the power of sale contained in a certain Purchase Money Deed of Trust from Frawing Galan and Diogenes Jimenez to Geoffrey L. Forman and/or David H. Cohen and/or W. Scott Tinney IV, Trustees, dated November 29, 2007, and recorded among the Land Records of Baltimore City, Maryland, in Liber 10210, Page 268, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Trustees 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 Baltimore City, State of Maryland and being more fully described in the above-referenced Deed of Trust; lot size 100' x 184', more or less.


      The improvements are believed to comprise a one story brick ranch home.  According to public tax records, the home was built in 1954 and contains 2,008 square feet of first floor living area and 2,008 square feet of basement space.  The house is believed to contain a living room with fireplace, dining room, kitchen, 3 bedrooms and 2 baths, on the first floor; finished basement with half-bath; electric heat and air conditioning.


      BLOCK PLAT (pdf)


      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 Baltimore City at the Trustees' 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 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 to be paid by the purchaser.  Time shall be of the essence for the purchaser.


No Buyers Premium


Geoffrey L. Forman, David H. Cohen
and/or W. Scott Tinney IV, Trustees

 

FINANCING

FINANCING MAY BE AVAILABLE TO QUALIFIED BUYERS – email info@ajbillig.com for details.