410 546 2425

35640 Woodyard Road, Willards, Maryland

Email:  ruth@prauctions.com


JOHN B. ROBINS, IV, ESQUIRE

ROBINS & ROBINS, P.A.

128 East Main Street

Salisbury, Maryland 2l801

 

ASSIGNEE’S SALE OF RESIDENTIAL REAL ESTATE

1107 MARINE ROAD, SALISBURY, MD 21801

 

Pursuant to power of sale contained in a Mortgage filed for foreclosure in Case No. 22-C-16-000781 in the Circuit Court for Wicomico County, Maryland, the undersigned Assignee will offer the following described real estate for sale to the highest bidder at public auction to be held at front steps of the Wicomico County Circuit Courthouse, North Division Street Entrance, 101 North Division Street, Salisbury, Maryland, on

                       

WEDNESDAY, JULY 27, 2016, at the HOUR OF 10:00 A.M.

 

ALL that lot or parcel of land situate, lying and being near the City of Salisbury, in Salisbury Election District, of Wicomico County, State of Maryland, on the Northerly side of and binding upon Marine Road, formerly known as Glen Avenue, having a frontage thereon of 50 feet and extending back therefrom in a uniform width to a depth of 120 feet, and being in all respects Lot No. 25, as shown and designated on a plat made by Peter S. Shockley, dated April 6, 1911, and recorded among the Land Records of Wicomico County, State of Maryland, in Liber E.A.T. No. 74, Folio 522; and BEING in all respects the same land conveyed unto Paul Edward Reddick and Natalie Loraine Reddick by deed from Charles H. Boyer dated September 27, 2002, and recorded among the Land Records of Wicomico County, Maryland, at Liber M.S.B. No. 1974, Folio 607.

 

IMPROVEMENTS:  The property is improved by a residential dwelling known as 1107 Marine Road, Salisbury, MD 21801, and is identified by tax account number 09-020675. 

 

TERMS OF SALE:   The property will be sold to the highest bidder at public auction.  The purchaser will be required to tender on account of the purchase price at the time and place of sale cash, certified funds, or check acceptable to the undersigned, in the amount of Five Thousand Dollars ($5,000.00).  If the party secured by the Mortgage is the successful bidder, no deposit will be required, and the cash deposit or price shall be credited against the obligation.  The deferred portion of the purchase price shall be evidenced by the Promissory Note of the Buyer, bearing no interest provided settlement is made and the full price tendered on or before fifteen days after the date of ratification of the sale by the Circuit Court for Wicomico County, Maryland; otherwise the deferred portion of the purchase price shall bear interest from the date of sale at the rate of six percentum (6%) per annum.  Neither the Assignee nor the auctioneer make any representation or warranty concerning the property or the improvements, the same being sold “as is”; and, if for any reason the Assignee is unable to deliver good and marketable title, subject only to easements, rights of way and residential use restrictions of record, the sole and exclusive remedy of the Buyer shall be a refund of the deposit money.  Neither the Assignee, auctioneer or note holder are aware of any violation of any federal, state or municipal environmental law or regulation; however, in the event any such violations exist, they are not responsible for same.  All settlement costs, including, but not limited to, document preparation, recordation and transfer taxes, including agricultural transfer tax, if any, recording costs, and title examination, if any, shall be the obligation of the Buyer.  State, County, and municipal property taxes and assessments, shall be adjusted as of the date of sale.   Buyer shall be entitled to possession upon final settlement and payment of the purchase price in full, which shall occur not later than fifteen days after final ratification of the sale by the Circuit Court for Wicomico County, Maryland, time being of the essence. 

 

            FOR FURTHER INFORMATION, please contact the undersigned Assignee or the auctioneer.

 

                                                                              John B. Robins, IV, Assignee

                                                                              410-749-3791

 

Pete Richardson Auction Sales, Inc.

410-546-2425