"Pikesville - Cobblestone"

Rick M. Grams, Solicitor
Sagal, Filbert, Quasney & Betten, P.A.
600 Washington Avenue, Suite 300
Towson, MD 21204

TRUSTEE’S AUCTION

“Cobblestone”

TWO STORY HOME
2,422± Sq. Ft. ◆ 2-Car Garage

Known As
6 STONE PINE COURT
Baltimore County, MD 21208

SALE TO BE HELD
ON COURTHOUSE STEPS
Circuit Court for Baltimore County
401 Bosley Avenue, Towson, MD 21204

THURSDAY, OCTOBER 22, 2020
AT 2:00 P.M.

      By virtue of a Decree of the Circuit Court for Baltimore County passed in the matter of The Cobblestone Homeowners Association, Inc., Plaintiff vs. Galina Nemtsev and Leonid Nemtsev, Defendants (Decree for Sale of Premises), Case No. C-03-CV-19-003986, the undersigned Trustee will sell at Public Auction, on the Courthouse Steps, Circuit Court for Baltimore County, 401 Bosley Avenue, Towson, MD 21204, the following:

      All that fee simple lot of ground and the improvements thereon, situate and lying in Baltimore County, State of Maryland and being more fully described in the Deed to the above Defendants, dated September 2, 1994, recorded among the Land Records of Baltimore County in Book 10852, page 453.

     The property is improved by a two story brick and siding home, built in 1993, containing 2,422 square feet of living area, 1,211 square feet of basement space, 360 square foot garage and 2.5 baths, according to public tax records. Approximate lot size 51′ x 123′.

      NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

      The property will be sold subject to a prior Deed of Trust, dated September 2, 1999, in the original principal amount of $75,000. The amount due thereon may be announced at time of sale.

      TERMS OF SALE: A $20,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s Office. The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore County at a location designated by the Trustee. If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 8% per annum, from date of contract to date of settlement. If settlement is delayed for any reason, there will be no abatement of interest. All adjustments as of date of contract. Taxes, homeowners association fees and all other public charges and assessments payable on a monthly or annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any, including the Declaration and Bylaws of The Cobblestone Homeowners Association, Inc. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of contract forward. The purchaser waives and releases the Trustee, the holder of the indebtedness, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Trustee is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Trustee, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser.

No Buyer’s Premium

Rick M. Grams, Trustee