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This Auction has been CANCELED.
Sold Prior to the Auction.
Karen Allen Nicolaus, Attorney
1002 Frederick Road, Suite 2
Catonsville, MD 21228
$100,000 Suggested Opening Bid
TWO STORY TOWNHOME
– Renovation Needed –
Sale On Premises
835 COMER SQUARE
Harford County, MD 21014
– CANCELED –
THURSDAY, DECEMBER 9, 2021
AT 12:30 P.M.
Pursuant to an Order of the Circuit Court for Harford County, passed in the matter of Jean Spencer, Case No. C-12-FM-20-000607, the undersigned Guardian of the property will sell at public auction the property as noted above.
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.
Major’s Choice is a single family home and townhouse community, located less than one mile north of Downtown Bel Air. The neighborhood is attractively landscaped with a community park and ponds. Neighborhood homes appear well maintained. Nearby public schools are Bel Air Elementary, Southampton Middle and C. Milton Wright High, according to the Harford County online school locator.
The HOA dues are $112.46 and paid semi-annually on January 1 and July 1. HOA Resale Package
Located at the end of a cul de sac, the lot is rectangular, 25′ x 90′, and bounded by large trees. The rear yard is below grade of the front, allowing for a basement walkout.
Zoning R2, residential
Two story end-of-group townhome, built in 1987, containing 1,240 square feet of living area and 600 square feet of basement space.
Exterior – vinyl siding, composition shingle roof, vinyl-clad double-hung windows, full concrete block basement foundation, rear wood sun deck
Mechanical – electric heat pump and central air conditioning, electric water heater, 200 amp. electrical service
The home needs updating, including cleaning and new flooring.
The property is in fee simple and is sold free and clear of liens. The home appears to have been occupied by the original homeowner. Harford County Deed Book CGH 1431, Page 0793.
Published annual real estate taxes are $2,564, based on a full value assessment of $176,500. Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: Assessment Appeal Process – dat.maryland.gov
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or 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 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, homeowners association dues, all other public charges and assessments payable on a monthly or annual basis, and 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, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the Declaration, Bylaws, rules and regulations of the Major’s Choice Homeowners Association. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive the right of rescission under the Maryland Homeowners Act, having reviewed the HOA resale package prior to the auction. If the Seller 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 Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence. A 5% buyer’s premium will be added to the final bid price.
Karen Allen Nicolaus, Guardian of the Property of Jean Spencer