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					  W ALKER
                                                                                                                                                            FIRST CLASS
                                                                                                                                                            U.S. POSTAGE
                                                                                                                                                                 PAID
                    Commercial Services, Inc.                                                                                                                  Salem, VA
                                                                                                                                                             PERMIT #126
 101 Albemarle Avenue SE
 Roanoke, Virginia 24013


          B ANK O WNED P ROPER TIES
              T WO D AY A UCTION
   ~COMMERCIAL/RESIDENTIAL PROPERTY, HAGERSTOWN, MARYLAND
   ~2 STORY RESIDENTIAL PROPERTY, THURMONT, MARYLAND
   ~ 1.98 ACRE WATERFRONT LOT, LUSBY, MARYLAND
   ~2 BEDROOM CONDOMINIUM, OCEAN CITY, MARYLAND




            BANK OWNED MUL TI-PROPERTY
 HAGERSTOWN, THURMONT, LUSBY, OCEAN-CITY, MARYLAND
       SALE #1:                 COMMERCIAL~RESIDENTIAL, HAGARSTOWN, MD                                                          TO BE SOLD ABSOLUTE
                                    5,344 sf - Commercial ~ Residential
       AUCTION:
                                    Historic District of Hagarstown, Maryland
     MARCH 24TH
                                    (1) Store Front Commercial Space
    AT 12:00 NOON
                                    (5) One Bedroom - One Bath Apartments
          ON SITE
                                    Tax Assessed Value: $195,400.00
       SALE #2:                 2 STORY RESIDENTIAL PROPERTY,THURMONT, MD                                                         Sold with a Minimum Bid
                                                                                                                                    (Call for the amount)
                                    2,194 sf - Two Story ~ Residential Property
      AUCTION:
                                    Three Bedrooms ~ Two Baths ~ Hardwood Floors
     MARCH 24TH
                                    Detached Garage
     AT 4:00 P.M.
                                    Commercial Building on Property
          ON SITE
                                    Tax Assessed Value: $380,800.00
       SALE #3:                 1.98 ACRE WATERFRONT LOT, LUSBY, MARYLAND TO BE SOLD ABSOLUTE
       AUCTION:                      Chesapeake Ranch Estates is a Private Community
     MARCH 25TH                      There are 4,000+ properties in this Community
     AT 10:00 A.M.
                                     Endless Amenities including two Sandy Beaches,
          ON SITE
                                       ClubHouse, Security Patrol and much, much more.
                                     Tax Assessed Value: $173,560.00                                                             The Chesapeake Bay

       SALE #4:                 TWO BEDROOM CONDO, OCEAN CITY, MARYLAND
                                    840 sf - 2 Bedroom - 2 Bath Condominium
      AUCTION:
                                    Gull Way Villas - CM ~Numerous Upgrades
     MARCH 25TH
                                    Second Floor Condominium
     AT 4:00 P.M.
                                    Large Pool - Just outside the Condominium
          ON SITE                                                                                                                 Sold with a Minimum
                                    Tax Assessed Value: $170,520.00                                                                Bid of $70,000.00

                                                                      Terms & Conditions
1. REGISTRATION: Bids accepted only from registered bidders. Bring driver’s license for identification. Proof of a Cashier’s Check in the amount for the Deposit is required for
registration. Deposits are as follows: Hagerstown, MD: $10,000.00; Thurmont, MD: $10,000.00; Lusby, MD: $10,000.00 and Ocean City, MD $10,000.00. Cashier’s Checks
can be made payable to self and endorsed to Auction Company if you are the successful bidder.
2. DEPOSIT: The successful bidder will be required to sign a Contract immediately after the hammer falls . A deposit as listed above is required and will be held by the
Auction Company - to be applied to the purchase price at closing. Deposits are Non-Refundable.
3. CLOSING: Closing is to take place within 30 days of sale - Time will be of the Essence.
4. DEED: Property to be conveyed by Special Warranty Deed - prepared in accordance with Maryland laws.
5. “AS-IS”, “WHERE-IS”: Property will be sold “AS-IS”, “WHERE-IS”. Potential Buyers must perform such independent investigations with respect to property as they deem
necessary to verify information provided by Auction Company or Seller.
6. ANNOUNCEMENTS: Announcements made on the day of sale take precedence over all prior releases, both verbal and written, concerning the sale or property.
7. WARRANTY: All information provided by Auction Company and Seller is deemed reliable but is not warranted. The information contained in this brochure and any advertise-
ments by Auction Company or Seller are subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company and
Seller.
8. REPRESENTATION: Auction Company and its representatives represent the Seller.
9. BUYER’S PREMIUM: There is a 5% Buyer’s Premium in effect on day of sale. The Buyer’s Premium is added to the high bid amount, to determine the Contract Sales Price.
10. BID INCREMENTS: Auctioneer reserves the right to set bid increments.
     BANK OWNED AUCTION
 REAL EST ATE - MUL TI-PROPERTY
 A UCTIONS: MARCH 24TH AND MARCH 25TH
 HAGERSTOWN, THURMONT, LUSBY, OCEAN-CITY, MARYLAND
          P REVIEWS : S ALES 1 AND 2 - M ARCH 10 AND M ARCH 17 (S EE T IMES B ELOW )
           S ALE 3 - P REVIEW A T YOUR L EISURE AND S ALE 4 - M ARCH 11 TH AND 18 TH

            To t a l Ta x A s s e s s e d Va l u e : $ 9 2 0 , 2 8 0 . 0 0
SALE # 1: 56-60 E. FRANKLIN STREET, HAGERSTOWN, MARYLAND
AUCTION: THURSDAY, MARCH 24TH        AT   12:00   NOON ON SITE
      PREVIEWS: March 10th and March 17th
    12:00 noon to 2:00 p.m. or by appointment
 INVESTMENT PROPERTY - DOWNTOWN HAGERSTOWN
    5,344 sf Commercial ~ Residential Building ~
        Store Front ~ 2 n d F l o o r A p a r t m e n t s
  Tax Assessed Value $195,400.00                                            TO BE SOLD ABSOLUTE

                                     SALE # 2:      11202-11204 HESSONG BRIDGE ROAD, THURMONT, MD
                                          AUCTION: THURSDAY, MARCH 24TH                     AT   4:00 P.M. ON           SITE
                                                         PREVIEWS: March 10th and March 17th
                                                       3:00 p . m . t o 5 : 0 0 p . m . o r b y a p p o i n t m e n t

                                          2,194 sf Residential Property ~with Detached Garage
                                                  Commercial Building on site
 Sold with a Minimum Bid
   (Call for the amount)                  Tax Assessed Value $380,800.00
SALE # 3:   12988 HARBOR VIEW COURT, LUSBY, MARYLAND                  TO BE SOLD ABSOLUTE
AUCTION: FRIDAY, MARCH 25TH     AT   10:00 A.M. ON    SITE
        Waterfront Lot with access
          to The Chesapeake Bay
1.98 acre - Chesapeake Ranch Subdivision
Tax Assessed Value $173,560.00                                   PREVIEW AT YOUR LEISURE - CALL FOR SURVEY



                                          SALE # 4:    407 L ARK L ANE, UNIT #204, OCEAN CITY, MARYLAND
                                             AUCTION: FRIDAY, MARCH 25TH                    AT   4:00 P.M. ON           SITE
                                                        PREVIEWS: March 11th and March 18th
                                                      12:00 noon to 4:00 p.m. or by appointment

                                      Gull Way Villas CM                                  Ocean City Beach

   Sold with a Minimum                  840 sf - Condomium
    Bid of $70,000.00                 2 Blocks from the Ocean
 Tax Assessed Value $170,520.00
                                                                              Matt Thurman
 W ALKER
Commercial Real Estate Services, Inc.
                                                                             (540) 344-6160
                                                                         www.walker-inc.com
101 Albemarle Avenue SE, Roanoke, Virginia            VAAF #549

				
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posted:8/13/2011
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