Upcoming Auctions

Summary terms of sale: A deposit of $3,500 by cash, or 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 the Mortgage from the date of sale to the date funds are received in the office of the Assignee. If the purchaser fails to go to settlement, the deposit shall be forfeited and the property may be resold at the purchaser's risk and expense. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property. In the event settlement is delayed for any reason, including but not limited to, exceptions to this sale, bankruptcy filings by interested parties, court administration of the foreclosure or unknown title defects, there shall be no abatement of interest. Taxes, ground rent, water rent and all public charges/assessments payable on an annual basis, including electrical, sanitary and/or metropolitan district charges, if applicable, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The purchaser is responsible for any amount in excess of $250 of outstanding water bills, if any, incurred prior to date of sale. Cost of all documentary stamps, transfer 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. If the Assignee is 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. Purchaser agrees to pay $250.00 at settlement, to the Seller's attorney, for review of the settlement documents.