AUCTION
Rehab. Opportunity!

Upper Fells Point

TWO STORY
TOWNHOME


FRONT VIEW      STREET VIEW

Sale On Premises
107 S. DURHAM ST.
Off 1800 E. Lombard St.
Baltimore, MD 21231

THURSDAY, JANUARY 5, 2006
AT 2:00 P.M.


LOCATION:

Located in the Upper Fells Point neighborhood of Baltimore, off the 1800 block of E. Lombard Street.

For a neighborhood description, visit:
http://www.livebaltimore.com/nb/list/upflspt/

LOCATION MAP & DIRECTIONS

SITE:

Lot size: 11'10" x 55', more or less

BLOCK PLAT

IMPROVEMENT
DESCRIPTION:

Two story inside-group brick townhome contains living room, kitchen, 2 bedrooms and bath, gas forced hot air heat, some replacement windows

MONTHLY RENTAL:

$525 - no lease, not current

ZONING:

R-8, residential

2005 REAL
ESTATE TAXES:


$811.06

TITLE:

In Fee Simple. The property is sold free and clear of liens.


TERMS OF SALE

       A $5,000 deposit, 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, rents, 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, as well as the rights of the tenant in possession, 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 Buyer's Premium