"Glen Burnie - Fox Chase"

Oliveri & Associates, LLC
635 N. Bestgate Road – Suite 200
Annapolis, MD 21401

TRUSTEES’ AUCTION

GLEN BURNIE

“Fox Chase”

TWO STORY
TOWNHOUSE
3 Bedrooms ◆ 1 Full/2 Half-Baths

Known As
139 FOXVIEW DRIVE
Anne Arundel County, MD 21061

Sale On Premises
TUESDAY, JULY 16, 2024
AT 11:00 A.M.

      By virtue of the Decree for Sale of Premises, in the Circuit Court for Anne Arundel County, passed in the matter of Fox Chase Townhouse Association, Inc., Plaintiff v. Omar Medrano, Defendant, Case No. C-02-CV-22-002359, the undersigned Trustees will sell at public auction, on the premises, the following:

      All that fee simple lot of ground and the improvements thereon, situate and lying in Anne Arundel County, Maryland, being more fully described in the Deed to the above Defendant, dated April 1, 2015 and recorded among the Land Records of Anne Arundel County in Book RPD 28381, Page 344; lot size 20′ x 75′, more or less, Plat. The improvements thereon being known as 139 Foxview Drive, Glen Burnie, MD 21061.

      The property is improved by a two story inside-group vinyl sided townhome, built in 1994, containing 1,160 square feet of living area and 560 square feet of basement space, according to public tax records. The home is believed to contain a living/dining room, kitchen, 3 bedrooms, full bath and 2 half-baths, gas forced air heat, central air conditioning, sun deck.

      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 but not assuming the Purchase Money Deed of Trust, dated April 1, 2015, in the original principal amount of $194,413.00, the Deed of Trust, dated January 30, 2023, in the original principal amount of $7,021.74, other prior liens of record and interest and fees thereon through settlement.

      TERMS OF SALE: A $5,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. 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 Anne Arundel 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; subject to easements, agreements, restrictions or covenants of record affecting same, if any; and subject to the Declaration and By-Laws of the Fox Chase Townhouse 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.

      Authority to cancel this sale rests solely with the Trustee and/or the Auctioneer. Prospective buyers should disregard all other statements and comments made by any other person or entity regarding minimum bids, pricing and cancellations of the sale. Additional terms may be announced at the time of sale. The Trustee reserves: (1) the right to accept or reject any or all bids; (2) the right to modify or waive the requirements for bidders’ deposits and terms of sale and/or settlement; (3) the right to withdraw the Property from the sale before acceptance of the final bid; and (4) the right to cancel or postpone the sale.

No Buyers Premium

John M. Oliveri, Timothy L. Larsen
and Thomas J. Newton, Trustees