PUBLIC AUCTION

PERRING-LOCH
"Homeowner Neighborhood"

Attractive, End-Of-Group
BRICK TOWNHOME
Central Air Fireplace


FRONT          REAR

Sale On Premises
1922 E. BELVEDERE AVENUE
Off 5700 Hillen Road
BALTIMORE, MD 21239

THURSDAY, MAY 19, 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 Perring Loch neighborhood of northeast Baltimore City, just east of the 5700 block of Hillen Road. The property is situated within walking distance of public transportation and within 15 minutes of the Downtown Baltimore business district. The neighborhood comprises mostly two story brick townhomes which are predominantly owner occupied and well maintained.

LOCATION MAP

SITE:

Front 28', Rear 54', Depths of 103' & 100'
Extensive landscaping
3-Car front driveway
Fenced rear yard
Rear patio

BLOCK PLAT

SITE SURVEY

ZONING:

R-5, Single family residential

IMPROVEMENT DESCRIPTION:

Well constructed two story brick townhome with covered front and rear porches features: new gas forced hot air furnace, new central air conditioning, new 40 gallon gas fired water heater, brick fireplace, replacement windows and hardwood floors. The home contains: living room, dining room and kitchen, on the first floor; three bedrooms and bath, on the second floor; full basement with knotty pine den and shop room, laundry and powder room; drop stair attic.

ANNUAL REAL ESTATE TAXES:

$1,821.53

TITLE:

In fee simple; 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 $5,000 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 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!