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: 13304 AND 13306 CHESTNUT DRIVE BOWIE MD 20720
Property Geocode:
Sale Date: 2024-11-13
Sale Time: 11:30 AM
Online Views: 13
Law Offices
ALLAN P. FEIGELSON, PA
3812 THOROUGHBRED LANE
OWINGS MILLS, MARYLAND 21117
410-504-5608
SUBSTITUTE TRUSTEE'S SALE
OF UNIMPROVED REAL PROPERTY- VACANT LOTS
13304 and 13306 CHESTNUT DRIVE, BOWIE MARYLAND 20720
Under a power of sale contained in a certain Deed of Trust from BUILDSOL, LLC, dated FEBRUARY 27, 2017 and recorded in Liber 39435, Folio 545, among the Land Records PRINCE GEORGE’S COUNTY, with an original principal balance of $396,000.00 and an original interest rate of 13.95% default having occurred under the terms thereof, Sub. Trustees will sell at public auction,
PRINCE GEORGE’S COUNTY COURTHOUSE LOCATED AT FRONT OF THE DUVAL WING OF THE COURTHOUSE COMPLEX 14735 MAIN STREET, UPPER MARLBORO, MD ON
NOVEMBER 13, 2024 AT 11:30 AM
ALL THAT FEE SIMPLE LOT OF GROUND, together with any buildings or improvements thereon situated in lot of ground in PRINCE GEORGE’S COUNTY, MD and described as 13304 AND 13306 CHESTNUT DRIVE, BOWIE MD 20720 and more fully described in the aforesaid Deed of Trust.
The property will be sold in an "AS IS WHERE 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, 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, liens and restrictions of record which affect the same, if any. The property will be sold subject to any condominium and/or HOA assessments.
TERMS OF SALE: A deposit of $15,000.00 (CASH WILL NOT BE ACCEPTED) acceptable payment will be in the FORM OF CERTIFIED CHECK OR BY CASHIER'S CHECK will be required from purchaser at time of sale, balance in immediately available funds upon final ratification of sale by the Circuit Court of PRINCE GEORGE’S COUNTY, MARYLAND interest to be paid at the rate of 13.95% on unpaid purchase money from date of sale to date of settlement. The secured party herein, if a bidder, shall not be required to post a deposit. Third party purchaser (excluding the secured party) will be required to complete full settlement of the purchase of the property within TEN (10) CALENDAR DAYS of the ratification of the sale by the Circuit Court, time being of the essence, otherwise the purchaser's deposit shall be forfeited and the property will be resold at the risk and expense of the defaulting purchaser. All other public charges and private charges or assessments, including water/sewer charges, ground rent, taxes if any, to be adjusted to date of sale. Cost of all documentary stamps and transfer taxes and all other costs incident to the settlement shall be borne by the purchaser. If applicable, condominium and/or homeowner association dues and assessments will be adjusted to date of sale. If the sale is rescinded or not ratified for any reason, including post sale lender audit, or the Substitute Trustees are unable to convey insurable title or a resale is to take place for any reason, the purchaser(s) sole remedy in law or equity shall be limited to the refund of the aforementioned deposit. The purchaser waives all rights and claims against the Substitute Trustees whether known or unknown. These provisions shall survive settlement. Upon refund of the deposit, this sale shall be void and of no effect, and the purchaser shall have no further claim against the Substitute Trustees. The sale is subject to post-sale review of the status of the loan. If any agreement to cancel the sale was entered into by the lender and borrower prior to the sale then the sale is void and the purchaser's deposit shall be refunded without interest. Additional terms and conditions, if applicable, maybe announced at the time and date of sale. (File # 20-0024)
Allan P. Feigelson, Esquire
Substitute Trustee
AD TO APPEAR IN THE WASHINGTON POST- OCTOBER 28, NOVEMBER 4 & 11TH