EFFECTIVE 07/06/2021 Sales will now take place at the new Courthouse located at 9250 Judicial Way formerly known as Bendix Road
PLEASE NOTE: In the event that the office building at 5335 Wisconsin Ave is closed, all scheduled Washington, DC sales will take place at the front entrance door of the Chevy Chase Pavilion
Legal Address: 2315 EAST MADISON STREET BALTIMORE MD 21205
Property Geocode:
Sale Date: 2024-11-08
Sale Time: 2:00 PM
Online Views: 23
LAW OFFICES
Shulman Rogers, P.A.
12505 Park Potomac Avenue, 6th Floor
Potomac, MD 20854
(301) 230-5241
File No. 131638.00053
SUBSTITUTE TRUSTEES’ SALE
OF IMPROVED REAL PROPERTY
2315 East Madison Street
Baltimore, Maryland 21205
(the “Property”)
Under a power of sale contained in a certain Commercial Deed of Trust, Security Agreement and Fixture Filing (the “Deed of Trust”) from Blue Door Developers, LLC, to A-1 Title Services, LLC, trustee, dated July 29, 2022, and recorded in Book 25029, at Page 122, among the Land Records of Baltimore City, Maryland, default having occurred under the terms thereof, the Substitute Trustees (“Trustees”) will sell at public auction at the Baltimore City Courthouse located at 100 N. Calvert Street (Courthouse West), Baltimore, MD 21202, on
November 8, 2024 at 2:00 PM
All that Fee-Simple lot of ground and the improvements thereon, if any, identified as Tax ID No. 07-02-1623-019 and more fully described in the aforesaid Deed of Trust.
The Property and improvements, if any, thereupon will be sold in “as is” condition and subject to conditions, restrictions, and agreements of record affecting the same, if any, and with no warranty of any kind.
Terms of Sale: A deposit of $13,000.00 by certified check. Balance of the purchase price to be paid in cash within ten days of final ratification of sale by the Circuit Court for Baltimore City. Interest to be paid on the unpaid purchase money at the rate of 10.50% from the date of sale to the date funds are received in the office of the Trustees. There will be no abatement of interest in the event additional funds are tendered before settlement or if settlement is delayed for any reason. The noteholder shall not be obligated to pay interest if it is the purchaser. TIME IS OF THE ESSENCE FOR THE PURCHASER. Adjustment of all real property taxes, including agricultural taxes, if applicable, and any and all public and/or private charges or assessments, including water/sewer charges and ground rent, to be adjusted to the date of the sale and thereafter assumed by the purchaser. Condominium fees and/or homeowner association dues, if any shall be assumed by the purchaser from the date of the sale forward. Costs of all documentary stamps, transfer and recordation taxes, and settlement expenses shall be borne by the purchaser. Purchaser shall be responsible for obtaining physical possession of the Property. Purchaser assumes the risk of loss or damage to the Property from the date of sale forward. Additional terms may be announced at the time of sale.
If the Trustees are unable to convey good and marketable title, the purchaser’s sole remedy in law and equity shall be limited to a refund of the deposit without interest. If the purchaser fails to go to settlement, the deposit shall be forfeited to the Trustees for application against all expenses, attorneys’ fees and the full commission on the sale price of the above-scheduled foreclosure sale. In the event of default, all expenses of this sale (including attorneys’ fees and the full commission of this sale) shall be charged against and paid out of the forfeited deposit. Any remaining deposit shall be applied to the loan secured by the Deed of Trust. The Trustees may then re-advertise and resell the Property at the risk and expense of the defaulting purchaser or may avail himself or herself of any legal or equitable remedies against the defaulting purchaser without re-selling the Property. In the event of a resale, the defaulting purchaser shall not be entitled to receive the surplus, if any, even if such surplus results from improvements to the Property by said defaulting purchaser and the defaulting purchaser shall be liable to the Trustees and secured party for reasonable attorneys’ fees and expenses incurred in connection with all litigation involving the Property or the proceeds of the resale.
Benjamin P. Smith
Rebekah F. Paradis,
Substitute Trustees
HARVEY WEST AUCTIONEERS, LLC.
300 E. JOPPA ROAD
HAMPTON PLAZA-SUITE 1103
BALTIMORE, MD 21286
www.hwestauctions.com
410-769-9797
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