PUBLIC AUCTIONS

4 - Investment
TOWNHOMES

In Need of Repairs

Sales On Premises
WED., MAY 17, 2006
AT THE FOLLOWING TIMES


AT 11:45 A.M.
4803 BEAUFORT AVENUE


"Central Park Heights"
BALTIMORE, MD 21215

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       Located one block north of Reisterstown Road, off Manchester Avenue. Two story brick townhome contains: 6 rooms (3 bedrooms and bath); basement. The home is in need of total rehab. Lot size: 16' x 85', more or less. Annual $90 ground rent. DEPOSIT: $2,000.

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       BLOCK PLAT


AT 12:15 P.M.
3012 REISTERSTOWN ROAD


"Mondawmin" - Facing Druid Hill Park!
BALTIMORE, MD 21215

3 APARTMENT UNITS


Photos of auction property
FRONT VIEW      STREET VIEW      VIEW OF PARK PHOTO #1      PHOTO #2

       Located off Wichita Avenue. Unique 3 story stucco covered porchfront semi-detached home, contains 3 apartments as follows: foyer, living room, dining room, kitchen, bedroom and bathroom, on the first floor; living room, dining room, kitchen, bedroom and bathroom, on the second floor; living room/kitchen combination, bedroom and bathroom, on the third floor; basement; rear parking area. The building is in need of total rehab. Zoned R-9, with the last permitted use as 3 dwelling units. Lot size: 25' x 145', more or less. In fee simple. DEPOSIT: $5,000.

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AT 1:00 P.M.
1111 GORSUCH AVENUE


"Better Waverly"
BALTIMORE, MD 21218

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       Located off 3200 Loch Raven Boulevard. Two story covered porchfront townhome contains: 6 rooms (3 bedrooms and bath); basement; oil heat. Rented for $600/month. Lot size: 14'4" x 95', more or less. Annual $90 ground rent. DEPOSIT: $2,000.

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AT 1:45 P.M.
3244 E. BALTIMORE STREET


"Hampstead Hill - Highlandtown"
BALTIMORE, MD 21224

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       Located off Clinton Street. Two story brick townhome contains: 6 rooms (3 bedrooms and bath); basement. Lot size: 15' x 75', more or less. Annual $96 ground rent. DEPOSIT: $5,000.

       LOCATION MAP

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TERMS OF SALE

       Deposits stated above payable by certified or cashier's check 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 (if any) 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!