Wendy Smith Barlow, Attorney
711 St. Paul Street
BALTIMORE, MD 21202

ABSOLUTE
ESTATE AUCTION

To The Highest Bidder!

DRUID HEIGHTS

3 Story, Brick
TOWNHOME

Rented for $990 Per Month



Sale On Premises
1930 MCCULLOH STREET
Off 400 Presstman Street
BALTIMORE, MD 21217

FRIDAY, OCTOBER 14, 2005
AT 10:30 A.M.


LOCATION MAP

BLOCK PLAT

       Brick townhome features new boiler furnace (installed 12/04), recently installed 40 gallon gas fired water heater (2003) and recently replaced sewage line (2003). The home contains: entry foyer, living room and bedroom (rented for $200/mo.), on the first floor; 2 bedrooms (rented for $425/mo.), on second floor; bedroom (rented for $190/mo.), bedroom (rented for $175/mo.), on the third floor; full basement. Zoned R-8, single family. Lot size: 15' x 120', more or less. In fee simple.

       TERMS OF SALE: Deposit payable by certified or cashier's check of $2,000 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 the rights of the existing tenants, if any, and any easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. The purchaser waives and releases the Personal Representative, the Attorney for the Estate, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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!