PUBLIC AUCTION

HAMPDEN
Just Off "The Avenue"

Brick, Porchfront
TOWNHOME
Great Block!

FRONT OF HOUSE     VIEW OF BLOCK

Sale On Premises
3446 ROLAND AVENUE
Off 1000 W. 36th Street,
BALTIMORE, MD 21211

THURSDAY, AUGUST 18, 2005
AT 2:00 P.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:

Located in Hampden, one of Baltimore's hottest neighborhoods! The home is ideally situated just off "The Avenue", for more details, see www.hampdenmainstreet.org. Public transportation is within walking distance. The Downtown business district is less than 10 minutes to the southeast.

For a detailed neighborhood profile, visit:
http://www.livebaltimore.com/nb/list/hmpdn/

LOCATION MAP

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

SITE:

Front 13'4", Rear 14'4", Depths 70' & 72', more or less
Serviced by public water, public sewer and natural gas

BLOCK PLAT

ZONING:

R-7, single family residential

IMPROVEMENT DESCRIPTION:

Well located covered porchfront brick townhome contains: living room, dining room, kitchen and summer kitchen, on the first floor; 3 bedrooms and full bathroom, on the second floor; full basement; newly installed gas hot water furnace.



ANNUAL REAL
ESTATE TAXES:


$1,076

TITLE:

Annual $78 ground rent; sold free and clear of all liens

INSPECTION:

1:00 p.m. on the day of the auction

TERMS OF SALE

       Deposit payable by certified or cashier's check of $10,000 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, ground rent 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 Seller, 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. A 5% Buyers Premium will be added to the final bid price. TIME IS OF THE ESSENCE.