PUBLIC AUCTION

EASTPOINT
"East View Subdivision"

Well Maintained
BUNGALOW
With Central Air


ADDITIONAL PHOTOS

Sale On Premises
7503 RIDDLE AVENUE
Off 600 North Point Road
BALTIMORE COUNTY, MD 21224

FRIDAY, APRIL 15, 2005
AT 11:00 A.M.


       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:

Situated in the East View subdivision of the Eastpoint area in southeast Baltimore County, just north of Dundalk and west of Essex. The property is situated in a great location, within one mile of I-95 (Exit 59) and I-695 (Exit 38). Shopping and public transportation are within walking distance along Eastern Avenue, North Point Boulevard and Merritt Boulevard. For directions from your location, visit:
http://www.mapquest.com/directions/main.adp.

LOCATION MAP

SITE:

Quiet lot measuring 60' x 100', more or less, near the end of Riddle Avenue.

SURVEY

ZONING:

Single family residential

IMPROVEMENT DESCRIPTION:

Aluminum sided detached bungalow, constructed in 1927 (according to tax records), features: enclosed front and rear porches, central air, oil hot water baseboard heat and storage shed. The home contains: living room, dining room, kitchen 2 bedrooms and bathroom, on the main level; full basement with laundry area, powder room and walk-out.

ANNUAL REAL
ESTATE TAXES:


$826.00

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

10:00 a.m. on the day of the auction

TERMS OF SALE

       Deposit payable by certified or cashier's check of $7,500 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 72 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. 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!