Active

MD-45

Baltimore County MD 21120

78844 sq. ft.
Land
Currently for sale - view listing

Overview

ASSIGNEES? SALE | VALUABLE FEE SIMPLE PROPERTY |1.814 ACRES SOUTHWEST SIDE OLD YORK ROAD |PARKTON, MD 21120 Pursuant to the power of sale contained in a Mortgage dated April 21, 2010, recorded among the Land Records of Baltimore County, Maryland in Liber SM No. 29441, page 489, the holder of the indebtedness having assigned this Mortgage to James D. O?Connor and/or Ellyn S. Butler, Assignees solely in order to exercise the power of sale contained therein, by instrument duly recorded among the aforesaid Land Records in Liber JLE No. 48499, page 158, default having occurred thereunder (Case No. C-03-CV-23-004330), and at the request of the party secured thereby, the 21st : WEDNESDAY, FEBRUARY 21, 2024 AT 11:00 A.M. ALL THAT FEE SIMPLE UNIMPROVED LOT OF GROUND situated in the 7th District of Baltimore County, MD and more fully described in the aforesaid Mortgage. Tax ID #0708065576. The property will be sold in an ?AS IS? condition without either express or implied warranty or representation, including but not limited to the description, fitness for a particular purpose or use, structural integrity, physical condition, availability of utilities, flood hazard, lead paint violations, construction, extent of construction, workmanship, materials, liability, zoning, subdivision, environmental condition, merchantability, compliance with building or housing codes or other laws, ordinances or regulations or other similar matters, and subject to easements, agreements and restrictions of record, and to any rights of tenants or other parties or persons in possession which affect the same, if any. TERMS OF SALE: A deposit of $10,000 in the form of a certified check, a cashier's check or in such other form as the Assignees may determine, at their sole discretion, will be required from purchaser at time of sale, balance in cash upon final ratification of sale by the Circuit Court of BALTIMORE COUNTY, interest to be paid at the rate of fifteen percent (15.0%) on unpaid purchase money from date of sale to date funds are received in the office of the ASSIGNEES. Within two (2) days of the date of sale, the purchaser will be required to increase the deposit to ten percent (10%) of the purchase price. The secured party herein, if the purchaser, shall not be required to post a deposit or pay interest. The purchaser will be required to complete settlement of the purchase within TEN (10) DAYS of the ratification of the sale by the Court. In the event that the purchaser fails to go to settlement as required, the aforementioned deposit may be forfeited or the property may be resold at the risk and expense of the purchaser and purchaser shall be liable for the payment of any deficiency in the purchase price, all costs and expenses of resale, reasonable attorneys? fees, and all other charges due and incidental and consequential damages. Purchaser waives personal service of any motion for resale on purchaser and/or any corporate designee, and expressly agrees to accept service by regular mail directed to the address provided by purchaser at the time of sale. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property. Adjustment of all real property taxes and any and all public and/or private charges or assessments, to the extent such amounts survive foreclosure sale, including water/sewer, ground rent and front foot benefit charges, condo/HOA assessments, if any, to be adjusted to the date of sale and thereafter assumed by purchaser. Purchaser is responsible for any recapture of homestead tax credit. Cost of all documentary stamps, recordation and transfer taxes shall be borne by the purchaser. Physical possession of the property shall be the responsibility of the purchaser. 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 aforementioned deposit. Upon refund of the deposit this

Features

78844 sq. ft. lot size
Land

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Local market activity for land plots in Baltimore County

In the last 12 months, 7 land plots similar to MD-45, have been sold.

This represents a 133% decrease in land plots sales when compared to the previous 12 months.

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