REAL ESTATE
AUCTION


BROOKLYN

3 - TWO STORY
TOWNHOMES


Each Arranged
for 2 Apartments




Sale On Premises
821-823-825
STOLL STREET

Off 9th Street,
5 blocks south of Patapsco Ave.
Baltimore City, MD 21225

FRIDAY, APRIL 22, 2005
AT 11:00 A.M.


LOCATION MAP

       Adjoining two story brick townhomes formerly contained two apartment units each and require rehabilitation. Lot sizes 18' x 100' m/l, each sold subject to an annual $120 ground rent and housing violations notices, if any. All are zoned R6; 821 and 823 are registered as two-family homes; 825 is registered as single-family. To be offered individually and as an entirety.

       TERMS OF SALE: A $1,500 deposit on each property ($4,500 if sold as an entirety), 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 rent, 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, and subject to present zoning and housing violation notices, 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.