$10,000 $54 est/mo Sourced by Back At You

1414 Locust,Baltimore City, MD 21226

Baltimore City MD, 21226

Share with a friend

Description

THE LEASEHOLD INTEREST IN ALL OF THAT real property being situate in Baltimore City, Maryland, and the improvements thereon (collectively, the Property), being more particularly described in the Deed of Trust, and generally known as 1414 Locust Street, Baltimore, Maryland 21226, which is subject to the annual ground rent of $90.00 payable half-yearly on the 1st days of January and July in each and every year. TERMS OF SALE: A deposit in the amount of Seven Thousand Dollars ($7,000.00), payable in cash, certified check, or other form acceptable to the Substitute Trustees, in their sole and absolute discretion, will be required of the purchaser(s) at the time and place of sale. The deposit must be increased to 10% of the purchase price within two (2) business days, and delivered to the office of the auctioneer in the same form as the initial deposit. The balance of the purchase price shall be due in cash or by certified check with interest on the unpaid balance of the purchase price at the rate of ten percent (10%) per annum from the date of sale to and including the date of settlement. In the event the Noteholder, or an affiliate thereof, is the successful bidder at the sale, such party will not be required to make a deposit or to pay interest on the unpaid purchase money. Taxes, water charges, ground rent, if any, and all other municipal charges and liens owed against the Property shall be adjusted at settlement between the Substitute Trustees and the purchaser(s) to the date of the foreclosure sale. The Substitute Trustees reserve the right to reject any and all bids, and to extend the time for settlement, if applicable. The Property will be sold in an "AS IS" condition and without any warranties or representations, either express or implied, as to the nature, condition or description of the improvements. In addition, the Property will also be sold subject to all existing housing, building and zoning code violations, subject to all critical area and wetland violations, subject to all environmental problems and violations which may exist on or with respect to the Property, and subject to all matters and restrictions of record affecting the same, if any. The purchaser(s) at the foreclosure sale shall assume the risk of loss for the above-referenced Property immediately after the sale takes place. It shall be the purchaser(s)’ responsibility to obtain possession of the Property following ratification of the sale by the Circuit Court for Baltimore City, Maryland. The Property will be sold subject to all of the following that are not extinguished as a matter of law by the foreclosure sale: all easements, conditions, liens, restrictions, rights of redemption, covenants, encumbrances, ground rents, ground leases, such state of facts that an accurate survey or physical inspection of the Property might disclose, and agreements of record affecting the same, if any. The purchaser(s) shall pay all documentary stamps, state and local transfer taxes, recordation taxes and fees, title examination costs, attorneys’ fees, conveyance fees and all other incidental settlement costs. The purchaser(s) shall settle and comply with the sale terms within twenty (20) days following the final ratification of sale by the Circuit Court for Baltimore City, Maryland, unless said period is extended by the Substitute Trustees for good cause shown. Time is of the essence. In the event the purchaser(s) fails to go to settlement as required, in addition to any other legal or equitable remedies available, the Substitute Trustees may, without further order of the court, declare the aforementioned deposit forfeited and resell the Property at the purchaser’s sole risk and expense. In such event, the defaulting purchaser(s) shall be liable for the payment of any deficiency in the purchase price, all costs and expenses of both sales, reasonable attorneys’ fees, all other charges due, and incidental damages. The parties’ respective

Details

MLS#MDBA2087480
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1956
Days On Site363
Listing Provided ByAshland Auction Group LLC | Adam M Shpritz

Features

SQ Feet1,488
Story(s)2
ZoningR-6
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Request a showing

Request a showing

Loading Form
Listings Checked: 6 hours ago

Contact

Learn More About This Property

StateMD
CountyBaltimore City
CityBaltimore City
Zip Code21226
Community NameCurtis Bay
School DistrictBaltimore City Public Schools
Listing VS Median (in Curtis Bay)
Price:
$10,000
low | high
Med:
$0
On Site:
363
low | high
Med:
Sourced by Back At You
Listing Updated: May 25, 2024 at 12:12:23 AM PDT