PUBLIC AUCTION

ROSEDALE
Golden Ring Area

Attractive, All Brick
CAPE COD HOME

4 Bedrooms 2 Baths
In Move-In Condition!

FRONT        REAR

Sale On Premises
8509 BASSETT ROAD
Off 6614 Kenwood Avenue
BALTIMORE COUNTY, MD 21237

WEDNESDAY, MAY 25, 2005
AT 11:00 A.M.


      THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE. HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.

GENERAL INFORMATION

LOCATION:

Situated in the Kenridge subdivision in the Rosedale area of southeast Baltimore County, off 6614 Kenwood Avenue. The property is situated within walking distance of public transportation and within one mile of I-695, 20 minutes from the Downtown Baltimore business district and 15 minutes from Towson.

For a detailed neighborhood profile, see:
http://www.hometownlocator.com/City/Rosedale-Maryland.cfm

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp

LOCATION MAP

SITE:

50' x 145', more or less
Concrete driveway
Mature trees

IMPROVEMENT
DESCRIPTION:

Well constructed and completely updated brick home features: beautiful woodwork and trim, brick fireplace, plaster walls, hardwood floors, gas forced hot air heat, central air conditioning, 40 gallon gas fired water heater and new roof. The home contains: living room, dining room, updated kitchen (with gas range, wall oven and disposal), two bedrooms and full bathroom, on the first floor; two bedrooms and full bathroom, on the second floor; full basement with laundry area.

ANNUAL REAL
ESTATE TAXES:


$1,378

TITLE:

Subject to an annual $150 ground rent; sold free and clear of all liens

INSPECTION:

10:00 a.m. on the day of the auction

TERMS OF SALE

       Deposit payable by certified or cashier's check of $15,000 will be required of the purchaser at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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. Taxes, ground rent and all other public charges and assessments, payable on an annual basis, including 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, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. 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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE. No buyers premium!