Location
Route 301 (Crain Highway) at Heritage Green Parkway

County
Charles

Property Identifier
Tax Map 33 Grid 8 Parcel 103

Zoning
CC Community Commercial

Notes

• adjoins new Wawa

Directions to Property
from Route 301 and Route 6, go North on Route 301 for 1.3 mi to property on Left

Auction Location
The auction will be held at the Middleton Hall, 4045 Renner Road, Waldorf, Maryland.

Traiman Contact
Please direct all questions regarding the auction process to Traiman Contact.
Mark Undorf

Engineer Contact
Please direct all technical questions regarding the real estate to Engineer Contact or the local municipalities or counties.
McCrone Engineers
20 Ridgely Avenue, Annapolis, Maryland 21401
Phone: 410-267-8621 Fax: 410-267-9932 www.mccrone-inc.com

Click on the following to view, print or download. You will need Adobe Acrobat installed on your system to view. You can download Acrobat for free by clicking on the link at the bottom of this page. If you have trouble viewing these documents, you can request a CD-ROM. E-mail us with your name and address and type the Wawa Auction Property Number in which you are interested into the subject header.

Auction Brochure (1.69MB)

Auction Brochure (low resolution) (526KB) added October 22

Plan of Property (307KB)

Aerial Photo Distant (595KB)

Aerial Photo Close (774KB)

Phase I & II Environmental Report (7.05MB) added October 24

Zoning (1.46MB)

Sample Agreement of Sale (104KB)

Buyer-Broker Registration Form & Guidelines (179KB) (for licensed real estate agents only)


TERMS

Property Preview: You may walk the property at any time - AT YOUR OWN RISK.

Buyer?s Premium: Buyer?s will pay a Buyer?s Premium equal to six-and-one-half percent (6½%) of the high bid price. This amount will be added to the high bid price and inserted into the Agreement of Sale to determine the total purchase price.

Escrow Agent: All deposits will be held by LandAmerica Financial Group, Inc. (parent company of Commonwealth Land Title) as escrow agent.

Settlement: On or before sixty (60) days following each Auction.

Total Deposit due on Auction Day: 15%

Guaranteed Deposit: A good faith registration deposit of $35,000 in the form of a bank cashier?s check (made payable to ?LandAmerica?) is required to register to bid at the time of the Auction. Personal checks will only be accepted when accompanied by an original bank letter of irrevocable guaranteed payment. Letter must read as follows: ?Mr./Ms. (your name) is a customer of our bank and we agree to irrevocably guarantee payment of his/her check drawn to LandAmerica up to the amount of $35,000 for purchase at your auction sale on November 19, 2002.? Bring your registration deposit to the Auction or follow online deposit below. This guaranteed good faith registration deposit will be credited towards the 15% total deposit, with the balance of the 15% by personal check. Seller reserves the right to accept other forms of payment.

Online Guaranteed Deposit: You may also use CertifiedBidder for your guaranteed deposit. CertifiedBidder is a service of eDeposit Corporation which allows buyers to make deposits days or weeks before an auction. From the convenience of your home or office you can make a deposit into an FDIC-insured account in one of five ways including credit card, check and wire transfer. When the auction is over the money is either transferred to LandAmerica Title Company if you are the winning bidder or returned to you. Visit CertifiedBidder to open an eDeposit account and/or make a deposit.

Sample Agreement of Sale: Download, view and/or print. (104KB)

Signing of the Agreement of Sale by High Bidder: High bidders are required to execute the Agreement of Sale during or at the conclusion of the Auction on Auction day.

Live Online & Phone Bidding: If you are unable to attend any of the Auctions in person, you may place you bids online during our live Auction Webcasts, or by phone. To bid online go to BidSpotter.com. If you would like to bid over the phone contact Doug Clemens for instructions.

Due Diligence: Buyers are responsible to conduct their own due diligence research on the properties and are not to rely on any information provided by the seller, Traiman, or their representatives. Traiman is not responsible for errors, deletions or any other misstatements of facts found in any advertising. If you find any discrepancies in any of the materials about the properties we would like you to inform us days in advance of the Auction to give us time to confirm the differences.

Condition of Property: All properties are being sold AS IS, WHERE IS.

Subdivision: In the event subdivision is required for the sale of a property, settlement will be extended a reasonable amount of time.

Multi-Parcel Properties: Properties which consist of multiple parcels may be offered individually and/or in certain combinations.

Auction Inventory: Seller, at its sole discretion, reserves the right to add or remove properties from the Auction.

Approval by Seller: Seller reserves the right to accept or reject the high bids acquired at the Auction. Seller has up to 14 days following the Auction to accept or reject the high bids. Higher bids will not be accepted during this 14-day period, with the exception that if the high bidder at the Auction wishes to increase his/her bid.

Sale Order: The Auctioneer reserves the right to determine the order in which the properties are sold when there are more than one property being sold at a central location.

Brokers Notice: Earn a commission. Register your client by form with their signature. Download, view and/or print. (179KB)

Weather Conditions: Auctions held rain or shine. If any Auction is cancelled due to severe snow or ice, the Auction will be rescheduled. Contact Traiman at 610-495-8542 the morning of the Auction.

Bid Rigging is a Felony: Section 1 of the Sherman Act (15 U.S.C. § 1) prohibits bid rigging agreements among competitors if they affect or restrain interstate commerce. Upon conviction, individuals are subject to a maximum fine of $250,000 and/or three years imprisonment. Corporations are subject to a maximum fine of at least $1 million.

Notice: The information used for the advertising of this property may not be accurate. Measurements, figures and drawings are approximate. Interested parties must do their own research prior to the auction and are not to rely on any information provided by the seller, the auction company, or their representatives. Announcements made at the auction and the final Agreement of Sale take precedence over any advertising or oral or written announcements. Auctioneer reserves the right to determine the bid increments. Subject to sale prior to auction. Auctioneer represents the Seller, not the Buyer.

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If you have problems with this page or links, please e-mail Brent Clemens.