On-Site Real Estate Auction

6 - Baltimore City Properties
6 - Up-And-Coming Neighborhoods
6 - Great Opportunities

Sales On Respective Premises
MONDAY SEPTEMBER 18th, 2006

Photo of auction property AT 10:00 A.M.
532 BEAUMONT AVENUE

"Winston Govans"

       Off 5200 York Rd. 21212 - Two story end-of-group brick townhome, 6 rooms (3 bedrooms), bath, and basement, lot 19'3" x 138' m/l, annual $96 ground rent.


CANCELED
AT 10:30 A.M.

2815 HUNTINGDON AVENUE
"Remington"



Photo of auction property AT 11:00 A.M.
341 E. 27TH STREET

"Harwood - Charles Village Area"

       Off 2700 Guilford Ave. 21218 - Two story porchfront townhome, 6 rooms (3 bedrooms), and bath, lot 13'10" x 80', annual $84 ground rent.


Photo of auction property AT 11:30 A.M.
3309 McELDERRY STREET

"Ellwood Park"

       Between 500 blocks of N. Bouldin St. And N. Clinton St. 21205 - Two story brick townhome, 6 rooms (3 bedrooms), bath, and basement, lot 13'6" x 70', annual $240 ground rent.


Photo of auction property AT 12:00 NOON
ABSOLUTE AUCTION
To The Highest Bidder

4104 E. LOMBARD STREET

"Kresson"

       Off 200 S. Haven Street 21224; two story end-of-group building, formerly a storefront or townhome, zoned M-3, industrial; lot size 14' x 120' m/l; annual $38.50 ground rent. The building is in poor condition and requires renovation.


Photo of auction property AT 1:00 P.M.
1105 N. CARROLLTON AVENUE

"Sandtown-Winchester"

       Off 1200 Winchester St. 21217 - Two story brick townhome, 6 rooms, (3 bedrooms), bathroom, and basement, lot 14' x 75' m/l, annual $120 ground rent


Photo of auction property AT 1:40 P.M.
2821 INDIANA STREET

WATER-VIEW
"Westport"

       Off 2300 Annapolis Rd. 21230 - QUICK ACCESS TO I-295 - Two story brick townhome, 5 rooms (2 bedrooms), bath, and basement, lot 14' x 80', annual $78 ground rent.

For more information about new development in Westport, read this:
Baltimore Sun Article
Or this:
Baltimore Examiner Article

LOCATION MAP (for all properties)


TERMS OF SALE

       $2,500 deposit for each property, payable by certified check or cashier's check, are 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. 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.

NO BUYERS PREMIUM