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SUBSTITUTE TRUSTEE'S SALE OF COMMERCIAL REAL PROPERTY (ALSO SEE 709-711 PULASKI HIGHWAY)
725 Pulaski Highway, Joppa, MD 21085
Front view of 725 Pulaski Highway
ALL OF THAT real property being situate in Harford County, Maryland, and the improvements thereon (collectively, the "Property"), and being more particularly described as follows:
Parcel No. 2:
All those lots or parcels of land situate and lying in the First Election District of Harford County, State of Maryland, located on both sides of Philadelphia Road, U.S. Route No. 40, being Lots 88 and 89 as shown on a plat of the S. Griffith Davis Subdivision, which plat is recorded among the Land Records of Harford County in Liber S.W.C. No. 3, folio 26; Saving 2 and Excepting therefrom so much of the land described in and conveyed by a Deed dated July 18, 1996 from Michael C. Horner to Harford County, Maryland and recorded among the Land Records of Harford County in Liber C.G.H. No. 2423, folio 38. BEING also known and designated as Lot No. 89, as shown on the plat entitled, "Final Plat, Prestige Limousine Company", which plat is recorded among the Land Records of Harford County in Plat Book C.G.H. No. 88, folio 60. The improvements thereon being known as No. 725 Pulaski Highway. BEING the same and all the land described in and conveyed by a Deed dated October 28, 2004 from Michael C. Horner, by J. David Ash, Esquire, his Attorney-In-Fact, by virtue of a Power of Attorney dated June 29, 2004, to 725 Pulaski Properties, LLC and recorded among the Land Records of Harford County in Liber J.J.R. No. 5687, folio 624. Tax ID No. 01-017799
The Trustee will begin by offering the Property for sale as two (2)
separate pieces of real property (i.e., 709-711 Pulaski Highway and 725 Pulaski Highway) and will reserve the bids. The Trustee will also offer the Property for sale as an entirety and will reserve the bid. The Trustee, within his sole and absolute discretion, shall determine the successful bidder(s) for the Property based upon the highest cumulative bid price for the Property. A deposit in the amount of Thirty Five Thousand Dollars ($35,000.00) for each piece of Property sold, or a deposit in the amount of Seventy Thousand Dollars ($70,000.00) for the Property as an entirety, payable in cash, certified check or other form acceptable to the Trustee, will be required of the purchaser(s) at the time and place of sale. The balance of the purchase price shall be due in cash or by certified check with interest on the unpaid balance of the purchase price at the rate of ten percent (10%) per annum from the date of sale to and including the date of settlement. In the event the beneficiary under the Deed of Trust, or an affiliate thereof, is the successful bidder at the sale, such party will not be required to make a deposit or to pay interest on the unpaid purchase money. Taxes, water rent, ground rent, if any, and all other municipal charges and liens owed against the Property shall be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. In addition, all other charges, expenses and liens owed against the Property including, but not limited to, all condominium fees and expenses and public charges and assessments owed against the Property and payable on an annual basis, such as sanitary and/or metropolitan district charges, if any, shall also be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. The cost of all documentary stamps, recordation taxes, document preparation and transfer taxes is to be paid by the purchaser(s).
separate pieces of real property (i.e., 709-711 Pulaski Highway and 725 Pulaski Highway) and will reserve the bids. The Trustee will also offer the Property for sale as an entirety and will reserve the bid. The Trustee, within his sole and absolute discretion, shall determine the successful bidder(s) for the Property based upon the highest cumulative bid price for the Property. A deposit in the amount of Thirty Five Thousand Dollars ($35,000.00) for each piece of Property sold, or a deposit in the amount of Seventy Thousand Dollars ($70,000.00) for the Property as an entirety, payable in cash, certified check or other form acceptable to the Trustee, will be required of the purchaser(s) at the time and place of sale. The balance of the purchase price shall be due in cash or by certified check with interest on the unpaid balance of the purchase price at the rate of ten percent (10%) per annum from the date of sale to and including the date of settlement. In the event the beneficiary under the Deed of Trust, or an affiliate thereof, is the successful bidder at the sale, such party will not be required to make a deposit or to pay interest on the unpaid purchase money. Taxes, water rent, ground rent, if any, and all other municipal charges and liens owed against the Property shall be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. In addition, all other charges, expenses and liens owed against the Property including, but not limited to, all condominium fees and expenses and public charges and assessments owed against the Property and payable on an annual basis, such as sanitary and/or metropolitan district charges, if any, shall also be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. The cost of all documentary stamps, recordation taxes, document preparation and transfer taxes is to be paid by the purchaser(s).
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Note: The information contained herein was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.
Other Views
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Front view of 725 Pulaski Highway
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Side view of 725 Pulaski Highway