PUBLIC AUCTION

HARUNDALE
"Oakwood Park"

RANCHER
With Screened Porch

Photos:     FRONT      REAR      SHED

Sale On Premises
1828 NORFOLK ROAD
Off 7800 Governor Ritchie Highway
GLEN BURNIE, ANNE ARUNDEL CO., MD 21061

WEDNESDAY, SEPTEMBER 7, 2005
AT 12:00 NOON


       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:

Great location in the Oakwood Park community of Harundale, just north of the Marley Station Mall and 0.75 mile north of MD Route 100. The home is situated within walking distance of Woodside Elementary School. Ample shopping are public transportation are accessible along Governor Ritchie Highway (MD Route 2). The property is located within 20 minutes of the Downtown Baltimore Business District and Annapolis.

LOCATION MAP

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp

For additional information about Glen Burnie (based on 2000 Census Information), visit:
http://www.epodunk.com/cgi-bin/genInfo.php?locIndex=2593

SITE:

Lot size: 7,040 square feet, more or less.
Serviced by public water, public sewer and natural gas
Two car concrete driveway

TAX MAP

SITE SURVEY

ZONING:

R5, single family residential

IMPROVEMENT
DESCRIPTION:

Attractive brick & shingle rancher contains: living room, dining room, kitchen, 3 bedrooms and bath, on the first floor; den, bedroom, powder room, shop room and laundry room (with kitchen area), on the basement level; gas forced hot air heat and central air; hardwood floors; screened porch; storage shed. Note: The home is in need of repairs.

ANNUAL REAL
ESTATE TAXES:


$1,614

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

11:00 a.m. on the day of the auction

TERMS OF SALE

       Deposit payable by certified or cashier's check of $15,000 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. The purchaser waives and releases the Sellers, 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 Sellers are 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 Sellers 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!