Sale Type
Substitute Trustee’s Sale
Sale Date
February 13, 2019
Sale Time
1:30 P.M.
Property Address
5410 INDIAN HEAD HIGHWAY, OXON HILL, MARYLAND 20745
Auction Location

**CANCELLED**

Description
**CANCELLED**
Description

**CANCELLED**

Sale Terms

:  A deposit in the amount of Fifty-Thousand Dollars ($50,000), payable in cash or certified check, will be required of the purchaser of the Property at the time and place of sale. The successful bidder(s) will be required to increase the deposit to ten percent (10%) of the bid amount by the close of business on the third business day following the date of sale by delivering certified funds to the Trustees. The balance of the purchase price, together with interest thereon at the rate of six percent (6%) per annum from the date of sale to the date of settlement, shall be due from the purchaser in cash or by certified check within thirty (30) days following final ratification of the sale by the Circuit Court for Prince George’s County, Maryland. Time is of the essence. If ratification or settlement is delayed for any reason there shall be no abatement of interest. The Trustees reserve the right to extend the time for settlement. Settlement shall be held at the offices of Gebhardt & Smith LLP, One South Street, Suite 2200, Baltimore, Maryland 21202, or such other place as may be agreed to by the Trustees.  In the event the Noteholder, or an affiliate or subsidiary 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 price.  At settlement, the purchaser shall provide all additional information and documentation reasonably requested by the Substitute Trustees and/or the Noteholder in order to comply with all applicable anti-money laundering, anti-terrorism or other applicable laws or regulations. The Trustees reserve the right to reject any and all bids and to withdraw the Property from sale for any reason.

Contact Information
Call Jack Levi at (410) 803-4161 or email him using the form below.
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