SUMMARY TERMS OF SALE: A deposit of $20,000.00 in the form of a certified check, a cashier’s check or in such other form as the Trustee may determine, at his 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 4.375% on unpaid purchase money from date of sale to date funds are received in the office of the TRUSTEE. 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 purchaser will be required to complete settlement of the purchase within TEN (10) DAYS of the ratification of the sale by the Court.
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.
See Legal Advertisement for complete Terms of Sale.