Geoffrey Forman, Attorney
Cohen & Forman, LLC
334 St. Paul Place
Baltimore, MD 21202

ABSOLUTE
ATTORNEY'S AUCTION


WASHINGTON VILLAGE

STOREFRONT BUILDING
With Apartment Unit




Sale On Premises
1276 GLYNDON AVENUE
Corner S. Carey Street
Baltimore, MD 21223

WEDNESDAY, JUNE 1, 2005
AT 11:00 A.M.


LOCATION MAP

       Situated in redevelopment area. From 1200 block of Washington Boulevard turn west on Carey Street two blocks to corner of Glyndon. Two story formstone, stucco and brick building was last registered as a convenience store and one dwelling unit; zoned R8, residential. Tax records indicate the building was constructed in 1900, contains 1,440 square feet of building area and 795 square feet of basement space. Lot size 15' x 60', more or less. In fee simple.

       TERMS OF SALE: A $2,500 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 within 24 hours 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, 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, without express or implied warranty as to the nature or description of the improvements as contained herein, subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to existing zoning and the uses permitted thereunder. 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