14K (aprox) SQFT MEDICAL OFFICE BLDG
Listing ID#: 112022

Sale Location

UPPER MARLBORO, MD 20772
Sale Dates and TimesSALE IS COMPLETED
Tuesday Feb 21, 2017 Completed
Sale Type
 Live Auction 
Company Information
Jonathan Melnick Auctioneers & E.T. Newell

Contact: Marie Patterson
Phone: 410-366-5555
Email: Marie@melnicknewell.com
Website: melnicknewell.com

EstateSale.com ID#: 7660
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Listing Terms and Conditions
TERMS OF SALE: A deposit of $50,000.00 in the form of a cashier’s check or other form acceptable to the Trustees at the time and place of sale will be required from the purchaser. The deposit must be increased to ten percent (10%) of the purchase price within five (5) business days following the sale, and delivered to the office of the Trustees in the same form as the initial deposit. The deposit shall be placed in the trust account of the Trustees and shall not accrue interest. The Trustees will, as a condition to the sale, require all potential bidders to show their deposit before any bidding begins. If the Noteholder bids, it shall be entitled to debt bid and the Auctioneer shall be entitled to bid on the Noteholder’s behalf. No deposit shall be required of the Noteholder. The balance of the purchase price, together with interest thereon at 10% per annum from the date of sale through the date of settlement, shall be due in cash or certified funds within ten (10) business days after final ratification of the sale by the Court unless extended in writing at the sole and absolute discretion of the Trustees. TIME IS OF THE ESSENCE. In the event settlement is delayed for any reason whatsoever, there shall be no abatement of interest caused by the delay. If payment of the balance does not take place within ten (10) business days after the ratification (or such extended date as may be approved in writing by the Trustees as provided above), in addition to any other legal or equitable remedies available, the Trustees may declare the deposit forfeited, retain the deposit, resell the Property at the risk and expense of the defaulting purchaser, and avail themselves and the Noteholder of any legal and equitable rights against the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the Property. All taxes, ground rent, water rent, homeowner association charges, condominium fees, and all other public and private charges and assessments, including, without limitation, paving, sanitary and/or metropolitan district charges that are owed in connection with the Property shall be borne by the purchaser and paid for by the purchaser at settlement. In addition, the cost of all documentary stamps, transfer taxes, document preparation, title insurance, title examination costs, survey costs, and all other settlement expenses incidental to conveyance of the Property shall be borne by the purchaser and paid for by the purchaser at settlement. In the event the Property is subject to a ground rent, the purchaser agrees to the leasehold purchase subject to the ground rent with no adjustment in the purchase price. The cost of any supplemental foreclosure bond, if required, following the sale shall be borne by the purchaser. The Property is also sold subject to all encumbrances that are not extinguished by operation of law by the sale and subject to any and all easements, equitable servitudes, conditions, rights of way, restrictions, rights of redemption, covenants, declarations and restrictions of record affecting the Property. Furthermore, the Property is being sold subject to all nuisances, housing code violations, building code violations, zoning code violations, critical area and wetland violations, and environmental problems, conditions and hazards, whether latent or observable, which may exist, if any, on or with respect to the Property. In addition, the Property is being sold subject to such state of facts that an accurate survey or physical inspection of the Property might disclose. The Property will be sold “WHERE IS” in an “AS IS” condition and without any recourse, representations or warranties, either express or implied, as to its nature, condition, value, use or description. Neither the Auctioneer, the Trustee, the Noteholder nor any of their affiliates, servicers, heirs, personal or legal representatives make any warranty or representation of any kind or nature with respect to the Property including, but not limited to, physical condition, description or title of the Property. The purchaser shall be responsible for obtaining physical possession of the Property following conveyance thereof by the Trustees to the purchaser. The purchaser shall assume the risk of loss for the Property immediately after the sale. If the Trustees are unable to convey the Property by reason of title defect or otherwise, the purchaser’s sole remedy at law or in equity shall be limited to the refund of its deposit, without interest thereon. Upon refund of the deposit, the sale shall be null and void and of no effect, and the purchaser shall have no further claims against the Trustees, the Noteholder or the Auctioneer. The conveyance of the Property by the Trustees to the purchaser at settlement shall be by Trustee’s Deed without covenant, warranty or representations whatsoever express or implied. Until an offer is finally accepted by the Trustees, it is subject to higher and better offers. The Trustees reserve the right in their sole discretion to reject any and all bids or withdraw the Property from sale at any time before the auctioneer announces that the Property is “sold” and the deposit in the required amount and form is accepted by the Trustees. The Trustees may adjourn and/or continue the sale at any time. If any dispute arises among the bidders, the Trustees shall have the sole and final discretion either to determine the successful bidder or reoffer and resell the Property. The parties’ respective rights and obligations regarding the terms of the sale and conduct of the sale shall be governed and interpreted under the laws of the State of Maryland. The Trustees reserve the right to modify or waive the requirements for bidders’ deposits and terms of sale/settlement. This advertisement, as amended or supplemented, constitutes the terms upon which the Property shall be offered at the sale. Further particulars may be announced at the time of sale. For additional information and broker requirements, please go to mdauctioneers.org or call MARIE at (410) 366-5555
Listing Information

Shapiro, Sher, Guinot & Sandler

250 W. Pratt Street, 20th Floor

Baltimore, MD 21201

410-385-0202

 

TRUSTEES’

AUCTION SALE 

OF

VALUABLE FEE SIMPLE PROPERTY

 

(Known As)

6144 OXON HILL ROAD, OXON HILL, MD 20745

“FOREST HEIGHTS”

 

14K ± SF MED OFFICE BLDG

ZONED CO (COMMERICAL OFFICE)

APPROX. 2 ± MILES FROM

National Harbor/MGM Casino 

 

 By virtue of the power of sale contained in that certain Indemnity Deed of Trust and Security Agreement and Fixture Filing from Rida N. Azer, dated April 30, 2015 and recorded among the Land Records of Prince George’s County, Maryland (the “Land Records”), in Liber 37086, Folio 458 (the “IDOT”), the holder of the indebtedness secured by the IDOT having appointed Scott W. Foley and J. Patrick Gill (collectively, the “Trustees”) by instrument duly executed, acknowledged and recorded among the Land Records, default having occurred under the terms of the IDOT, and at the request of the party secured thereby (the “Noteholder”), the Trustees will sell at public auction, on the front steps of the Circuit Court for Prince George’s County, Maryland (the “Court”) at 14735 Main St, Upper Marlboro, MD 20772 on,

TUESDAY, FEBRUARY 21, 2017 AT 12:00 P.M. (NOON)

ALL THAT FEE SIMPLE LOT OF LAND AND IMPROVEMENTS THEREON situate and lying in Prince George’s County, Maryland commonly known as 6144 Oxon Hill Road, Oxon Hill, Maryland 20745 and as more fully described in the IDOT, a copy of which may be obtained from the Trustees, together with any and all buildings, structures, improvements, parking or appurtenances now created on the above land, including without limitation, all machinery, equipment and fixtures of any kind attached or affixed thereto.  All of the foregoing property is collectively the “Property.”

 

PROPERTY DESCRIPTION:  The property is believed to be comprised of a CO Zoned 1.36 ± acre site improved with a medical office building of approx. 13,786 ± square feet. The property is believed to have paved parking lots. There is a front parking lot, side parking lot and a rear parking lot to accommodate approx. 55-60 parking spaces. There is believed to be direct access to drive into the property from Oxon Hill Road (MD Route 414). The property is located approx. 2.25± miles northeast of National Harbor and MGM Resort Casino. The property is also believed to have electric, telephone, gas, public water and sewer. The property is believed to be situated between a Burger King and a KFC.  

 

NOTE:  The information contained herein and available by the Auctioneer, the Trustees and/or the Noteholder has been obtained from sources deemed reliable, is believed to be substantially accurate and is offered for informational purposes only, but has not been independently verified by the Auctioneer, the Trustees or the Noteholder.  The Auctioneer, the Trustees, and the Noteholder do not make any representations or warranties with respect to the accuracy of the information contained herein or in any of the information and materials made available to prospective purchasers and no express or implied warranties or representations may be inferred.  All dimensions, square footage, acreage, building area and other measurements, if any, are approximate.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the Property and the permitted uses thereof.

 

TERMS OF SALE:  A deposit of $50,000.00 in the form of a cashier’s check or other form acceptable to the Trustees at the time and place of sale will be required from the purchaser. The deposit must be increased to ten percent (10%) of the purchase price within five (5) business days following the sale, and delivered to the office of the Trustees in the same form as the initial deposit. The deposit shall be placed in the trust account of the Trustees and shall not accrue interest. The Trustees will, as a condition to the sale, require all potential bidders to show their deposit before any bidding begins. If the Noteholder bids, it shall be entitled to debt bid and the Auctioneer shall be entitled to bid on the Noteholder’s behalf. No deposit shall be required of the Noteholder. The balance of the purchase price, together with interest thereon at 10% per annum from the date of sale through the date of settlement, shall be due in cash or certified funds within ten (10) business days after final ratification of the sale by the Court unless extended in writing at the sole and absolute discretion of the Trustees.  TIME IS OF THE ESSENCE. In the event settlement is delayed for any reason whatsoever, there shall be no abatement of interest caused by the delay. If payment of the balance does not take place within ten (10) business days after the ratification (or such extended date as may be approved in writing by the Trustees as provided above), in addition to any other legal or equitable remedies available, the Trustees may declare the deposit forfeited, retain the deposit, resell the Property at the risk and expense of the defaulting purchaser, and avail themselves and the Noteholder of any legal and equitable rights against the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the Property.

 

All taxes, ground rent, water rent, homeowner association charges, condominium fees, and all other public and private charges and assessments, including, without limitation, paving, sanitary and/or metropolitan district charges that are owed in connection with the Property shall be borne by the purchaser and paid for by the purchaser at settlement.  In addition, the cost of all documentary stamps, transfer taxes, document preparation, title insurance, title examination costs, survey costs, and all other settlement expenses incidental to conveyance of the Property shall be borne by the purchaser and paid for by the purchaser at settlement.  In the event the Property is subject to a ground rent, the purchaser agrees to the leasehold purchase subject to the ground rent with no adjustment in the purchase price.  The cost of any supplemental foreclosure bond, if required, following the sale shall be borne by the purchaser.

 

The Property is also sold subject to all encumbrances that are not extinguished by operation of law by the sale and subject to any and all easements, equitable servitudes, conditions, rights of way, restrictions, rights of redemption, covenants, declarations and restrictions of record affecting the Property. Furthermore, the Property is being sold subject to all nuisances, housing code violations, building code violations, zoning code violations, critical area and wetland violations, and environmental problems, conditions and hazards, whether latent or observable, which may exist, if any, on or with respect to the Property. In addition, the Property is being sold subject to such state of facts that an accurate survey or physical inspection of the Property might disclose.

 

The Property will be sold “WHERE IS” in an “AS IS” condition and without any recourse, representations or warranties, either express or implied, as to its nature, condition, value, use or description.  Neither the Auctioneer, the Trustee, the Noteholder nor any of their affiliates, servicers, heirs, personal or legal representatives make any warranty or representation of any kind or nature with respect to the Property including, but not limited to, physical condition, description or title of the Property.  The purchaser shall be responsible for obtaining physical possession of the Property following conveyance thereof by the Trustees to the purchaser.  The purchaser shall assume the risk of loss for the Property immediately after the sale.

 

If the Trustees are unable to convey the Property by reason of title defect or otherwise, the purchaser’s sole remedy at law or in equity shall be limited to the refund of its deposit, without interest thereon.  Upon refund of the deposit, the sale shall be null and void and of no effect, and the purchaser shall have no further claims against the Trustees, the Noteholder or the Auctioneer.  The conveyance of the Property by the Trustees to the purchaser at settlement shall be by Trustee’s Deed without covenant, warranty or representations whatsoever express or implied.

 

Until an offer is finally accepted by the Trustees, it is subject to higher and better offers.  The Trustees reserve the right in their sole discretion to reject any and all bids or withdraw the Property from sale at any time before the auctioneer announces that the Property is “sold” and the deposit in the required amount and form is accepted by the Trustees.  The Trustees may adjourn and/or continue the sale at any time.  If any dispute arises among the bidders, the Trustees shall have the sole and final discretion either to determine the successful bidder or reoffer and resell the Property.  The parties’ respective rights and obligations regarding the terms of the sale and conduct of the sale shall be governed and interpreted under the laws of the State of Maryland. The Trustees reserve the right to modify or waive the requirements for bidders’ deposits and terms of sale/settlement.  This advertisement, as amended or supplemented, constitutes the terms upon which the Property shall be offered at the sale.  Further particulars may be announced at the time of sale.  For additional information and broker requirements, please go to mdauctioneers.org or call MARIE at (410) 366-5555

 

No Buyer’s Premium

 

Scott W. Foley and J. Patrick Gill, Substitute Trustees

             BROKER CO-OP INVITED

http://nationalauctionlist.com/auction/306719/auction-detail/

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14K (aprox) SQFT MEDICAL OFFICE BLDG

Jonathan Melnick Auctioneers & E.T. Newell

Jonathan Melnick Auctioneers & E.T. Newell


Contact: Marie Patterson
Phone: 410-366-5555
Sale Location
CIRCUIT COURT FOR PRINCE GEORGE'S COUNTY 14735 MAIN STREET
UPPER MARLBORO, MD 20772
Sale Dates and Times
Tuesday Feb 21, 2017 Completed
Sale Terms and Conditions
TERMS OF SALE: A deposit of $50,000.00 in the form of a cashier’s check or other form acceptable to the Trustees at the time and place of sale will be required from the purchaser. The deposit must be increased to ten percent (10%) of the purchase price within five (5) business days following the sale, and delivered to the office of the Trustees in the same form as the initial deposit. The deposit shall be placed in the trust account of the Trustees and shall not accrue interest. The Trustees will, as a condition to the sale, require all potential bidders to show their deposit before any bidding begins. If the Noteholder bids, it shall be entitled to debt bid and the Auctioneer shall be entitled to bid on the Noteholder’s behalf. No deposit shall be required of the Noteholder. The balance of the purchase price, together with interest thereon at 10% per annum from the date of sale through the date of settlement, shall be due in cash or certified funds within ten (10) business days after final ratification of the sale by the Court unless extended in writing at the sole and absolute discretion of the Trustees. TIME IS OF THE ESSENCE. In the event settlement is delayed for any reason whatsoever, there shall be no abatement of interest caused by the delay. If payment of the balance does not take place within ten (10) business days after the ratification (or such extended date as may be approved in writing by the Trustees as provided above), in addition to any other legal or equitable remedies available, the Trustees may declare the deposit forfeited, retain the deposit, resell the Property at the risk and expense of the defaulting purchaser, and avail themselves and the Noteholder of any legal and equitable rights against the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the Property. All taxes, ground rent, water rent, homeowner association charges, condominium fees, and all other public and private charges and assessments, including, without limitation, paving, sanitary and/or metropolitan district charges that are owed in connection with the Property shall be borne by the purchaser and paid for by the purchaser at settlement. In addition, the cost of all documentary stamps, transfer taxes, document preparation, title insurance, title examination costs, survey costs, and all other settlement expenses incidental to conveyance of the Property shall be borne by the purchaser and paid for by the purchaser at settlement. In the event the Property is subject to a ground rent, the purchaser agrees to the leasehold purchase subject to the ground rent with no adjustment in the purchase price. The cost of any supplemental foreclosure bond, if required, following the sale shall be borne by the purchaser. The Property is also sold subject to all encumbrances that are not extinguished by operation of law by the sale and subject to any and all easements, equitable servitudes, conditions, rights of way, restrictions, rights of redemption, covenants, declarations and restrictions of record affecting the Property. Furthermore, the Property is being sold subject to all nuisances, housing code violations, building code violations, zoning code violations, critical area and wetland violations, and environmental problems, conditions and hazards, whether latent or observable, which may exist, if any, on or with respect to the Property. In addition, the Property is being sold subject to such state of facts that an accurate survey or physical inspection of the Property might disclose. The Property will be sold “WHERE IS” in an “AS IS” condition and without any recourse, representations or warranties, either express or implied, as to its nature, condition, value, use or description. Neither the Auctioneer, the Trustee, the Noteholder nor any of their affiliates, servicers, heirs, personal or legal representatives make any warranty or representation of any kind or nature with respect to the Property including, but not limited to, physical condition, description or title of the Property. The purchaser shall be responsible for obtaining physical possession of the Property following conveyance thereof by the Trustees to the purchaser. The purchaser shall assume the risk of loss for the Property immediately after the sale. If the Trustees are unable to convey the Property by reason of title defect or otherwise, the purchaser’s sole remedy at law or in equity shall be limited to the refund of its deposit, without interest thereon. Upon refund of the deposit, the sale shall be null and void and of no effect, and the purchaser shall have no further claims against the Trustees, the Noteholder or the Auctioneer. The conveyance of the Property by the Trustees to the purchaser at settlement shall be by Trustee’s Deed without covenant, warranty or representations whatsoever express or implied. Until an offer is finally accepted by the Trustees, it is subject to higher and better offers. The Trustees reserve the right in their sole discretion to reject any and all bids or withdraw the Property from sale at any time before the auctioneer announces that the Property is “sold” and the deposit in the required amount and form is accepted by the Trustees. The Trustees may adjourn and/or continue the sale at any time. If any dispute arises among the bidders, the Trustees shall have the sole and final discretion either to determine the successful bidder or reoffer and resell the Property. The parties’ respective rights and obligations regarding the terms of the sale and conduct of the sale shall be governed and interpreted under the laws of the State of Maryland. The Trustees reserve the right to modify or waive the requirements for bidders’ deposits and terms of sale/settlement. This advertisement, as amended or supplemented, constitutes the terms upon which the Property shall be offered at the sale. Further particulars may be announced at the time of sale. For additional information and broker requirements, please go to mdauctioneers.org or call MARIE at (410) 366-5555
Listing Details

Shapiro, Sher, Guinot & Sandler

250 W. Pratt Street, 20th Floor

Baltimore, MD 21201

410-385-0202

 

TRUSTEES’

AUCTION SALE 

OF

VALUABLE FEE SIMPLE PROPERTY

 

(Known As)

6144 OXON HILL ROAD, OXON HILL, MD 20745

“FOREST HEIGHTS”

 

14K ± SF MED OFFICE BLDG

ZONED CO (COMMERICAL OFFICE)

APPROX. 2 ± MILES FROM

National Harbor/MGM Casino 

 

 By virtue of the power of sale contained in that certain Indemnity Deed of Trust and Security Agreement and Fixture Filing from Rida N. Azer, dated April 30, 2015 and recorded among the Land Records of Prince George’s County, Maryland (the “Land Records”), in Liber 37086, Folio 458 (the “IDOT”), the holder of the indebtedness secured by the IDOT having appointed Scott W. Foley and J. Patrick Gill (collectively, the “Trustees”) by instrument duly executed, acknowledged and recorded among the Land Records, default having occurred under the terms of the IDOT, and at the request of the party secured thereby (the “Noteholder”), the Trustees will sell at public auction, on the front steps of the Circuit Court for Prince George’s County, Maryland (the “Court”) at 14735 Main St, Upper Marlboro, MD 20772 on,

TUESDAY, FEBRUARY 21, 2017 AT 12:00 P.M. (NOON)

ALL THAT FEE SIMPLE LOT OF LAND AND IMPROVEMENTS THEREON situate and lying in Prince George’s County, Maryland commonly known as 6144 Oxon Hill Road, Oxon Hill, Maryland 20745 and as more fully described in the IDOT, a copy of which may be obtained from the Trustees, together with any and all buildings, structures, improvements, parking or appurtenances now created on the above land, including without limitation, all machinery, equipment and fixtures of any kind attached or affixed thereto.  All of the foregoing property is collectively the “Property.”

 

PROPERTY DESCRIPTION:  The property is believed to be comprised of a CO Zoned 1.36 ± acre site improved with a medical office building of approx. 13,786 ± square feet. The property is believed to have paved parking lots. There is a front parking lot, side parking lot and a rear parking lot to accommodate approx. 55-60 parking spaces. There is believed to be direct access to drive into the property from Oxon Hill Road (MD Route 414). The property is located approx. 2.25± miles northeast of National Harbor and MGM Resort Casino. The property is also believed to have electric, telephone, gas, public water and sewer. The property is believed to be situated between a Burger King and a KFC.  

 

NOTE:  The information contained herein and available by the Auctioneer, the Trustees and/or the Noteholder has been obtained from sources deemed reliable, is believed to be substantially accurate and is offered for informational purposes only, but has not been independently verified by the Auctioneer, the Trustees or the Noteholder.  The Auctioneer, the Trustees, and the Noteholder do not make any representations or warranties with respect to the accuracy of the information contained herein or in any of the information and materials made available to prospective purchasers and no express or implied warranties or representations may be inferred.  All dimensions, square footage, acreage, building area and other measurements, if any, are approximate.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the Property and the permitted uses thereof.

 

TERMS OF SALE:  A deposit of $50,000.00 in the form of a cashier’s check or other form acceptable to the Trustees at the time and place of sale will be required from the purchaser. The deposit must be increased to ten percent (10%) of the purchase price within five (5) business days following the sale, and delivered to the office of the Trustees in the same form as the initial deposit. The deposit shall be placed in the trust account of the Trustees and shall not accrue interest. The Trustees will, as a condition to the sale, require all potential bidders to show their deposit before any bidding begins. If the Noteholder bids, it shall be entitled to debt bid and the Auctioneer shall be entitled to bid on the Noteholder’s behalf. No deposit shall be required of the Noteholder. The balance of the purchase price, together with interest thereon at 10% per annum from the date of sale through the date of settlement, shall be due in cash or certified funds within ten (10) business days after final ratification of the sale by the Court unless extended in writing at the sole and absolute discretion of the Trustees.  TIME IS OF THE ESSENCE. In the event settlement is delayed for any reason whatsoever, there shall be no abatement of interest caused by the delay. If payment of the balance does not take place within ten (10) business days after the ratification (or such extended date as may be approved in writing by the Trustees as provided above), in addition to any other legal or equitable remedies available, the Trustees may declare the deposit forfeited, retain the deposit, resell the Property at the risk and expense of the defaulting purchaser, and avail themselves and the Noteholder of any legal and equitable rights against the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the Property.

 

All taxes, ground rent, water rent, homeowner association charges, condominium fees, and all other public and private charges and assessments, including, without limitation, paving, sanitary and/or metropolitan district charges that are owed in connection with the Property shall be borne by the purchaser and paid for by the purchaser at settlement.  In addition, the cost of all documentary stamps, transfer taxes, document preparation, title insurance, title examination costs, survey costs, and all other settlement expenses incidental to conveyance of the Property shall be borne by the purchaser and paid for by the purchaser at settlement.  In the event the Property is subject to a ground rent, the purchaser agrees to the leasehold purchase subject to the ground rent with no adjustment in the purchase price.  The cost of any supplemental foreclosure bond, if required, following the sale shall be borne by the purchaser.

 

The Property is also sold subject to all encumbrances that are not extinguished by operation of law by the sale and subject to any and all easements, equitable servitudes, conditions, rights of way, restrictions, rights of redemption, covenants, declarations and restrictions of record affecting the Property. Furthermore, the Property is being sold subject to all nuisances, housing code violations, building code violations, zoning code violations, critical area and wetland violations, and environmental problems, conditions and hazards, whether latent or observable, which may exist, if any, on or with respect to the Property. In addition, the Property is being sold subject to such state of facts that an accurate survey or physical inspection of the Property might disclose.

 

The Property will be sold “WHERE IS” in an “AS IS” condition and without any recourse, representations or warranties, either express or implied, as to its nature, condition, value, use or description.  Neither the Auctioneer, the Trustee, the Noteholder nor any of their affiliates, servicers, heirs, personal or legal representatives make any warranty or representation of any kind or nature with respect to the Property including, but not limited to, physical condition, description or title of the Property.  The purchaser shall be responsible for obtaining physical possession of the Property following conveyance thereof by the Trustees to the purchaser.  The purchaser shall assume the risk of loss for the Property immediately after the sale.

 

If the Trustees are unable to convey the Property by reason of title defect or otherwise, the purchaser’s sole remedy at law or in equity shall be limited to the refund of its deposit, without interest thereon.  Upon refund of the deposit, the sale shall be null and void and of no effect, and the purchaser shall have no further claims against the Trustees, the Noteholder or the Auctioneer.  The conveyance of the Property by the Trustees to the purchaser at settlement shall be by Trustee’s Deed without covenant, warranty or representations whatsoever express or implied.

 

Until an offer is finally accepted by the Trustees, it is subject to higher and better offers.  The Trustees reserve the right in their sole discretion to reject any and all bids or withdraw the Property from sale at any time before the auctioneer announces that the Property is “sold” and the deposit in the required amount and form is accepted by the Trustees.  The Trustees may adjourn and/or continue the sale at any time.  If any dispute arises among the bidders, the Trustees shall have the sole and final discretion either to determine the successful bidder or reoffer and resell the Property.  The parties’ respective rights and obligations regarding the terms of the sale and conduct of the sale shall be governed and interpreted under the laws of the State of Maryland. The Trustees reserve the right to modify or waive the requirements for bidders’ deposits and terms of sale/settlement.  This advertisement, as amended or supplemented, constitutes the terms upon which the Property shall be offered at the sale.  Further particulars may be announced at the time of sale.  For additional information and broker requirements, please go to mdauctioneers.org or call MARIE at (410) 366-5555

 

No Buyer’s Premium

 

Scott W. Foley and J. Patrick Gill, Substitute Trustees

             BROKER CO-OP INVITED

http://nationalauctionlist.com/auction/306719/auction-detail/

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