1. Maryland
2. Baltimore
3. 2610 PARK HEIGHTS TERRACE

2610 PARK HEIGHTS TERRACE, Baltimore, MD 21215

• 2 beds |
• 1 bath

Property Description

Onsite Substitute Trustees' Sale. THERE IS NO ONLINE BIDDING FOR THIS AUCTION. BIDDERS MUST HAVE THE ADVERTISED DEPOSIT ON-SITE IN THE FORM OF CERTIFIED FUNDS. NO ACCESS PRIOR TO THE AUCTION. Piel Law Firm, LLC 502 Washington Avenue, Suite 730 Towson, Maryland 21204 SUBSTITUTE TRUSTEES’ SALE RESIDENTIAL REAL PROPERTY 2610 PARK HEIGHTS TERRACE BALTIMORE, MARYLAND 21215 Under and by virtue of the power of sale contained in that certain Purchase Money Deed of Trust, Assignment of Rents and Security Agreement executed by SITO Capital, LLC and dated January 22, 2021, and recorded among the Land Records of Baltimore City, Maryland, at Liber 22750, folio 254 (the “Deed of Trust”), the holder of the indebtedness secured by the Deed of Trust (the “Noteholder”) having subsequently appointed Hunter C. Piel and Scott B. Wheat (collectively, the “Substitute Trustees”) as Substitute Trustees by instrument duly executed, acknowledged and recorded among the Land Records of Baltimore City, Maryland for the purposes therein contained, default having occurred under the terms of the Deed of Trust, the Substitute Trustees will offer for sale at public auction to the highest qualified bidder at the subject premises, 2610 Park Heights Terrace, Baltimore, Maryland 21215, on: Thursday, September 26, 2024 at 11:00 a.m. 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 2610 Park Heights Terrace, Baltimore, Maryland 21215 and subject to the payment of an annual rent of $90.00 payable on the 28th days of February and August in each and every year. TERMS OF SALE: A deposit in the amount of Seven Thousand Five Hundred Dollars ($7,500.00), payable in cash, certified check, or other form acceptable to the Substitute Trustees, in his 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, adjusted as of the date of sale, against the Property shall be the sole responsibility of the purchaser(s) and shall be paid for by the purchaser(s) at settlement. The Substitute Trustees reserve the right to reject any and all bids, and to extend the time for settlement, if applicable.

Listing Status:

Pending

Date Added:

October 9, 2024 at 05:00AM

Listing Office:

Ashland Auction Group LLC : 4104883124

Listing Agent:

Adam M Shpritz : 4103653595

MLS ID:

MDBA2140240

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This listing courtesy of Adam M Shpritz, Ashland Auction Group LLC