"Hanover" 0.34 Acre Industrial Lot

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Listing Details

Sold Price
$57,000
Auction Date
Auction Time
12:30 PM
Address
East Side of Faulkner Road, Anne Arundel County, MD, 21076
County
Anne Arundel County
Neighborhood
Hanover
Scroll down for Complete Details, including: property description and Terms of Sale.

 Josef E. Rosenblatt, Solicitor
Kenneth J. Breitbart & Associates, P.A.
10 N. Calvert Street - Suite 100
Baltimore, MD 21202

TRUSTEES' AUCTION

4 - PROPERTIES LOCATED IN
BALTIMORE CITY &
ANNE ARUNDEL COUNTY


Sales On Respective Premises
TUESDAY, DECEMBER 8, 2009
At the Following Times


        By virtue of Decrees of the Circuit Courts for Baltimore City and Anne Arundel County passed in the matter of Kenneth J. Breitbart & Josef E. Rosenblatt, Substitute Trustees vs. Delorean, LLC, Defendant (Decree for Sale of Mortgaged Premises), Baltimore City Case No. 24009000166, Anne Arundel County Case No. C08137302, the undersigned Trustees will sell at Public Auction, on the premises:

        All those fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City and Anne Arundel County, State of Maryland and being more fully described in the Deed of Trust  from the above Defendant, dated December 12, 2007 and recorded among the Land Records of Baltimore City in Liber 10305, page 461 and among the Land Records of Anne Arundel County in Liber 19779, page 0641, comprising the following properties:

AT 12:30 P.M.
0.34 ACRE± INDUSTRIAL LOT
Situated on East Side of
FAULKNER ROAD
South of Dorsey Road, Near Parkway Center
"Hanover"
Anne Arundel County, MD 21076


        Unimproved lot, approximately 100' x 150', more or less; zoned W1, industrial.

        Deposit $3,000.

Photos of auction property
AERIAL PHOTO     SITE PHOTO    TAX MAP

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TERMS OF SALE

        Deposits as stated above, payable by certified check or 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 City and/or Anne Arundel County at the offices of the Trustees.  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 6% per annum, from date of sale to date of settlement.  All adjustments as of date of sale.  Taxes and all other public charges and assessments payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale 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.  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 sale forward.  The purchaser waives and releases the Trustees, 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 Trustees are 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 Trustees, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement, including a $300 document review fee by the Seller's attorney, to be paid by the purchaser.  Time shall be of the essence for the purchaser.


No Buyer's Premium


Kenneth J. Breitbart, Josef E. Rosenblatt, Trustees