PUBLIC AUCTION

ESSEX & DUNDALK
Income Producing
TOWNHOMES
All In Good Condition

Sales On Premises
FRIDAY, JUNE 10, 2005
At The Following Times

AT 11:00 A.M.
1040 FOXCROFT LANE

"Fox Ridge Manor"

ESSEX, MD 21221

LOCATION MAP


FRONT     REAR

       Covered porchfront brick townhome contains: living room, kitchen/dining room combination, on the first floor; 3 bedrooms and full bathroom, on the second floor; full basement with club room and laundry room; gas forced hot air heat; refinished hardwood floors; storm windows; rear deck; fenced yard. Lot size: 18' x 37.06', more or less. Annual $150 ground rent. Rented for $1,000/month. DEPOSIT: $7,500.


AT 12:00 NOON
2021 & 2041 KELMORE ROAD

"Inverness"

DUNDALK, MD 21222

LOCATION MAP

2021 Kelmore Road     2041 Kelmore Road

       2021 Kelmore Road - 2 story brick covered porchfront townhome contains: living room, dining room and updated kitchen, on the first floor; 3 bedrooms and updated full bathroom, on the second floor; recently installed gas forced hot air furnace; vinyl double glazed replacement windows; drop stair attic; covered rear brick patio; fenced yard; rear parking pad. Lot size: 24.38' front, 35.79' rear, depths 100' & 100.08'. Annual $87 ground rent. Rented for $971/month. DEPOSIT: $7,500.

       2041 Kelmore Road - 2 story brick end-of-group townhome contains: living room and eat-in kitchen, on the first floor; 3 bedrooms and full bathroom, on the second floor; gas forced hot air heat and central air; some vinyl double glazed replacement windows; recently installed water heater. fenced yard. Annual $96 ground rent. Rented for $875/month. DEPOSIT: $7,500.


AT 12:50 P.M.
6914 GERMAN HILL ROAD

"Harbor View"

DUNDALK, MD 21222

LOCATION MAP

FRONT     REAR      AC UNIT

       Attractive aluminum sided 2 unit semi-detached home contains: Main level and lower level unit - living room, dining room, kitchen (with range and dishwasher), bedroom and modern bathroom, on the main level; bedroom, laundry room and storage room, on the lower level. Rented for $825/month. Upper level unit with separate entrance - living room, eat-in kitchen, bedroom and bathroom. Rented for $750/month. Note: The home is in very good condition and features: drywall throughout, separate recently intstalled oil hot water baseboard heating systems and air conditioning systems for each unit, vinyl double glazed replacement windows. Lot size: 31.28' front, 30' rear, depths of 152.5' & 143.64', more or less. In fee simple. DEPOSIT: $10,000.

       TERMS OF SALE: Deposits as stated above payable by certified or cashier's check will be required of the purchaser at time and place of sale. The deposits are 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. Taxes, ground rent, if any, 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 settlment and assumed thereafter by the purchaser. The properties 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 rights of the existing tenants 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!

ALL PROPERTIES WILL BE OPEN
ONE-HALF HOUR PRIOR TO EACH AUCTION

      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. ALL DIMENSIONS CONTAINED HEREIN ARE MORE OR LESS.