Real Estate Auction

ASHBURTON
"Homeowner Block"

CAPE COD HOME
- Renovation Required -



Sale On Premises
3202 BARRINGTON ROAD
Off 3600 Hilton Street
Baltimore, MD 21215

THURSDAY
SEPTEMBER 15, 2005
AT 3:00 P.M.


LOCATION MAP

       Covered porchfront aluminum sided home has slate roof and replacement windows, and contains a living room with fireplace, dining room, sun room, kitchen, and half-bath, on the first floor; 3 bedrooms and 2 baths on the second floor; and basement; lot size 50' x 130' m/l; annual $120 ground rent. The home is located on a terrific street, but needs rehabilitation.

       TERMS OF SALE: A $10,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by the next business day at the Auctioneer's office. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. All adjustments, including taxes, ground rent, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of sale forward. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs and transfer taxes to be paid by the purchaser. Time is of the essence.

No Buyer's Premium