111+/- ACRES OF FARMLAND IN 4 PARCELS TO BE OFFERED INDIVIDUALLY AND IN THE ENTIRETY 12 BUILDING RIGHTS TOTAL

To settle the Estate of Margaret B. Hankins

Inspection:  By appointment & 1 hour prior to auction.

Real Estate: Approx. 111 acres of farmland in 4 parcels to be offered individually and in the entirety w/ 12 building rights total. Breakdown of the parcels as shown below:

Lot #1, SDAT #04027159, 63.336+/- acres, 6 building rights

Lot #3, SDAT #04401436, 21.938+/- acres, 3 building rights

Lot #4, SDAT #04401437, 16.667+/- acres, 2 building rights

Lot #5, SDAT #04401438, 9.126+/- acres, 1 building rights

Lands recorded in Plat Book of Harford County, MD, Liber 212, Folio 34, titled the Lands of Margaret B. Hankins. Lots #3,4, & 5 have frontage on 136 and Telegraph Road. Signs posted on site. Plat available on our website.

Auctioneer’s Note: Broker coop invited. Land currently being farmed with corn.

RE Terms: Properties will be offered individually and in the entirety. An offering of Lots #3,4, and 5 together will be made as well. The following deposits down in cash, cashier’s or certified check at time of sale. All deposits increased to 10% of bid price within 3 business days.

Lot #1 - $35,000.00 

Lot #3 - $15,000.00

Lot #4 - $10,000.00

Lot #5 - $10,000.00

Lots #3,4,5 Combination - $25,000.00

In the Entirety - $50,000.00

10% Buyers Premium, Sold AS IS, time is of the essence, 60 days to settle. See our website for further terms and conditions.

Judy C. McComas, PR in the Estate

• RE TERMS:  THE FOLLOWING DEPOSITS IN CASH CASHIER’S OR CERTIFIED FUNDS TODAY WITH AWARD OF HIGH BID. ALL DEPOSITS INCREASED TO 10% OF BID PRICE WITHIN 3 BUSINESS DAYS.
  • LOT 1/SDAT 04027159: $35,000.00
  • LOT 3/SDAT 04401436: $15,000.00
  • LOT 4/SDAT 04401437: $10,000.00
  • LOT 5/SDAT 04401438: $10,000.00
  • LOTS 3,4,5 COMBO: $25,000.00
  • IN THE ENTIRETY: $50,000.00

• 10% BUYERS PREMIUM ADDED TO SALE PRICE.

• DEPOSIT HELD IN ESCROW AND APPLIED AGAINST THE PURCHASE PRICE.

• SETTLEMENT ON OR BEFORE JANUARY 11, 2022; TIME IS OF THE ESSENCE.

• TAXES AND ALL OTHER CHARGES AGAINST THE PREMISES WHICH OCCUR ON AN ANNUAL BASIS ARE ADJUSTED TO THE DATE OF SALE AND ASSUMED THEREAFTER BY THE PURCHASER. 

• NO INTEREST TO BE CHARGED FROM THE DATE OF AUCTION TO THE DATE OF SETTLEMENT.

• THE COST OF ALL-DOCUMENTARY STAMPS, RECORDATION TAX AND TRANSFER TAX IF REQUIRED BY LAW ARE TO BE PAID BY THE PURCHASER. 

• THE PROPERTY IS BEING SOLD AS IS WITH NO WARRANTIES OR GUARANTEES WHATSOEVER OTHER THAN THE TITLE TO THE PROPERTY TO BE FREE AND CLEAR OF ANY LIENS OR MORTGAGES AT SETTLEMENT. AS IS PORTION OF CONTRACT WOULD INCLUDE THE CONDITION OF ANY WELL & SEPTIC SYSTEMS AT OR IN USE ON THE PROPERTY.