CLASSIFIEDS
00087651 —
Listing Began:
Description
Seller's Comments and Description:
COHN, GOLDBERG & DEUTSCH, LLC
1099 WINTERSON ROAD, SUITE 301
LINTHICUM HEIGHTS, MARYLAND 21090
www.cgd-law.com
SUBSTITUTE TRUSTEES'
SALE OF IMPROVED REAL PROPERTY
225 HIGH TIMBER COURT
GAITHERSBURG, MD 20879
By authority contained in a Deed of Trust dated July 3, 2014 and recorded in Liber 48985, Folio 001, modified by Loan Modification Agreement recorded on August 11, 2021, at Liber No. 63717, Folio 444, among the Land Records of Montgomery County, Maryland, with an original principal balance of $264,000.00, and an interest rate of 5.250%, default having occurred thereunder, the Substitute Trustees will sell at public auction at the Courthouse door for the Circuit Court for Montgomery County (Maryland Avenue entrance), 50 Maryland Avenue, Rockville, MD 20850, on
November 6, 2024 AT 11:15 AM
ALL THAT FEE SIMPLE property more fully described in the aforesaid Deed of Trust. The property is improved by a dwelling.
Terms of Sale: The property will be sold “as is” subject to any conditions, restrictions, easements and agreements of record affecting same with no warranty of any kind. A deposit of $26,000.00 by certified funds only (no cash accepted) required at time of auction. Balance of the purchase price to be paid within 10 days of ratification of sale by the Court, with interest at the note rate from date of sale to settlement. If settlement is delayed for ANY reason, there shall be no abatement of interest or taxes. Real estate taxes and all other public charges, or assessments, including water and sewer facilities charges, ground rent, condo/HOA assessments, private utility, or front foot benefit payments, not otherwise divested by ratification of the sale, to be adjusted as of date of auction. Transfer and recordation taxes, and all other costs incident to settlement, shall be borne by purchaser. Purchaser shall be responsible for obtaining physical possession of the property.
TIME IS OF THE ESSENCE. If purchaser fails to go to settlement within ten days of ratification, or otherwise fails to comply with the terms of sale, the Trustee may declare the entire deposit forfeited and resell the property at the risk and expense of defaulting purchaser, who agrees to pay reasonable attorneys' fees and costs if a motion to resell the property has been filed, purchaser waives personal service of any paper filed in connection with such motion, and agrees to accept service of any such paper by regular mail to the address provided at time of sale. If the Trustee cannot convey insurable title, or the loan servicer determines that the sale should not have occurred, the sale shall be null and void, and purchaser's sole remedy shall be the return of deposit without interest.
This property will be sold subject to the IRS right of redemption for a period of 120 days after the sale.
Richard E. Solomon, et al., Sub. Trustees
Tidewater Auctions, LLC
(410) 825-2900
www.tidewaterauctions.com
Washington Times,10/22, 10/29, 11/5
CGD File #:455993 Ad#87651