PUBLIC AUCTION

DUNDALK
Water View
HOME SITE



Sale On Premises
38 WATERVIEW ROAD
Off 700 Block Of Wise Avenue
BALTIMORE COUNTY, MD 21222

THURSDAY, JUNE 16, 2005
AT 12:00 NOON


      NOTE: 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. Prospective purchasers are encouraged to consult with the appropriate government authorities regarding the permitted uses of the property and perform their own due diligence in advance of the auction. All dimensions and acreage contained herein are more or less.

GENERAL INFORMATION

LOCATION:

Situated in the "Perry Point" subdivision of the Dundalk area in southeast Baltimore County. This water oriented community is bordered by Bear Creek and is situated opposite Sparrows Point Country Club. The site is situated within 10 minutes of I-695 and 20 minutes of the Downtown Baltimore business district.

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

LOCATION MAP

SITE:

Formerly improved by a home, residential lot which is ready to build

Lot size: Front 59.35', Rear 50', Depths of 81.7' & 49.85'

Public water, public sanitary sewer are in the site.

SUBDIVISION PLAT

ZONING:

D.R. 5.5, residential

Visit the Baltimore County Web Site for additional zoning info:
http://www.baltimorecountyonline.info/Agencies/planning/
zoning/zone_descriptions.html


ANNUAL REAL
ESTATE TAXES:


$399

TITLE:

In fee simple; sold free and clear of all liens


TERMS OF SALE

       Deposit payable by certified or cashier's check of $5,000 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 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. TIME IS OF THE ESSENCE. NO BUYERS PREMIUM!