Real Estate Auction

BREWER'S HILL

Renovated Townhome
With Garage



Sale On Premises
708 S. FAGLEY STREET
Off 3700 Foster Avenue
Baltimore, MD 21224

WEDNESDAY, JANUARY 11, 2006
AT 2:00 P.M.


LOCATION:

708 S. Fagley Street is situated on a quiet block in "Brewer's Hill," one of Baltimore's hottest neighborhoods. Located just east of Canton and Fells Point night life, Brewer's Hill has excellent access to I-95, providing an easy commute to employment centers in the Baltimore and Washington metropolitan areas.

For a neighborhood description, click:
http://www.livebaltimore.com/nb/list/brew/

LOCATION MAP

SITE:

Rectangular lot - 12' x 64', more or less
Concrete rear courtyard
12' alley in rear provides access to one-car masonry garage

BLOCK PLAT

HOUSE:

Two story inside-group brick townhome, features vinyl double-hung replacement windows and updated systems. This is a nice clean home.

First Floor

Foyer - ceramic tile floor

Living Room - carpeting

Eat-in Kitchen - ceramic tile floor, white laminate cabinets, porcelain sink, new gas range/oven and refrigerator/freezer

PHOTO #1      PHOTO #2

Second Floor

2 Bedrooms - carpeting

Full Bath with footed tub and ceramic tile floor

Basement

Full Unfinished Basement - painted walls and floor

Mechanical

Gas forced hot air heat
Central air conditioning
100 ampere electric service
Electric water heater


TITLE:

The property is sold free and clear of liens, subject to an annual $60 ground rent. Deed Book 6633, Page 354.

TAXES:

2005 Real Estate Taxes $1,334.76

TERMS OF SALE:

A $15,000 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, 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. A 5% buyer's premium will be added to the final bid price.

BROKER
PARTICIPATION:


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