PUBLIC AUCTION

FRANKFORD

Well Maintained
BRICK RANCHER

Central Air



Sale On Premises
5701 WHITE AVENUE
Off 4920 Hamilton Avenue
BALTIMORE, MD 21206

FRIDAY, SEPTEMBER 23, 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 Frankford neighborhood of northeast Baltimore City, just west of the Baltimore County borderline, and only minutes from I-695 and I-95. The property is situated within walking distance of public transportation and ample shopping along Belair Road and in Rosedale. Downtown Baltimore City is located approximately 15 minutes to the southwest.

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

LOCATION MAP

SITE:

Nice lot fronting 116'2" along White Avenue comprising 0.20 acre, more or less
Serviced by public water, public sewer and natural gas
Rear fenced yard with patio

BLOCK PLAT

ZONING:

R-8, single family residential

IMPROVEMENT
DESCRIPTION:

Updated all brick rancher (constructed in 1979) contains: living room, dining room, updated kitchen (with ceramic tile floor, range and dishwasher), 3 bedrooms and bathroom, on the main level; full basement with recreation room, powder room and laundry room; gas forced hot air heat and central air conditioning; vinyl replacement windows; hardwood floors and wall-to-wall carpeting.

ANNUAL REAL
ESTATE TAXES:


$1,953.91

TITLE:

Subject to an annual $240.00 ground rent (T.B.C.); 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 $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 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, 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. TIME IS OF THE ESSENCE. NO BUYERS PREMIUM!