PUBLIC AUCTION

3 - EAST BALTIMORE
BRICK TOWNHOMES


Sales On Premises
WED., AUGUST 3, 2005

          AT 1:30 P.M.         

513 N. HIGHLAND AVE.

"Ellwood Park/Monument"

LOCATION MAP

BLOCK PLAT

       Situated north of 3400 block of Pulaski Highway 21205; two story inside-group covered porchfront home, contains living room, dining room, kitchen, 3 bedrooms, bath, basement with 1/2-bath, laundry and 2 rooms; oil hot water heat; garage; rear courtyard; lot size 14'10" x 77'6" m/l; in fee simple. Deposit $3,000.




AT 2:00 P.M.
       ABSOLUTE AUCTION      

2232 E. LAMLEY ST.

"Butcher's Hill"

LOCATION MAP

BLOCK PLAT

       Off 114 N. Patterson Park Avenue 21231; two story inside-group townhome, believed to contain a living room, kitchen, 2 bedrooms, bath and basement; lot size 12' x 37' m/l; annual $0.01 ground rent. The home is in poor condition and requires renovation. Deposit $1,500.




AT 2:30 P.M.
       ABSOLUTE AUCTION      

4104 E. LOMBARD ST.

"Kresson"

LOCATION MAP

BLOCK PLAT

       Off 200 S. Haven Street 21224; two story end-of-group building, formerly a storefront or townhome, zoned M-3, industrial; lot size 14' x 120' m/l; annual $38.50 ground rent. The building is in poor condition and requires renovation. Deposit $1,500.



TERMS OF SALE

       Deposits, as stated above, 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, ground rents, 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.

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