Lisa L. Mervis, Attorney
Benter & Mervis, P.A.
9505 Reisterstown Road
Owings Mills, Maryland 21117

REAL ESTATE AUCTION
Due to Divorce Proceeding

PERRY HALL
"Glenside Farms"

6 Bedroom4½ Bath
EXECUTIVE HOME

photo of property

Sale On Premises
5046 GLENSIDE MANOR DRIVE
Baltimore County, Maryland 21128

THURSDAY, JULY 13, 2006 - AT 2:00 P.M.

LOCATION:

"Glenside Farms" is located east of Belair Road (US-1), west of I-95, south of Forge Road and north of Joppa Road in the highly desirable Perry Hall area of eastern Baltimore County. The neighborhood was developed in the late 1990s and features upscale traditional homes on landscaped lots. Glenside Farms is convenient to shopping, schools, parks and recreational facilities. Its close proximity to interstate highways provides excellent access to area employment centers.

Schools - According to the Baltimore County Public Schools web site, public schools for the neighborhood are Chapel Hill Elementary, Perry Hall Middle and Perry Hall High.

LOCATION MAP AND DIRECTIONS

SITE:

0.12 acre landscaped lot
Corner of Glenside Manor Drive and Good Spring Drive

TAX MAP

IMPROVEMENTS:

Two story brick front and vinyl siding Colonial home, constructed in 2000, features composition shingle roof, vinyl clad double-pane double-hung windows, aluminum rain gutters and downspouts, double-door two-car built-in garage, sun deck, patio with hot tub, storage shed, hardwood flooring and upgrades throughout. The home is believed to contain over 4,000 square feet of finished space on three levels.

First Floor
Two story entry foyer with arched window - hardwood floor
Living Room - hardwood floor
Dining Room - hardwood floor
Kitchen with Pantry - ceramic tile floor
Breakfast Room with French Doors to sun deck - ceramic tile floor
Family Room (off kitchen) with fireplace - bamboo wood floor; pre-wired for surround sound
Study
Half-Bath
Laundry/Mud Room - Wilsonart laminate floor

Second Floor - carpeting
Master Bedroom and Bath with shower stall, soaking tub, walk-in closet
Second Bedroom and Bath
Two Additional Bedrooms
Full Hall Bath

Lower Level - carpeting
Recreation Room - pre-wired for surround sound
Two Additional Bedrooms
Full Bath - ceramic tile floor
Storage Room with Washer/Dryer
Walkout Exit

Mechanical
Gas forced hot air heat
Central air conditioning
Public water and sewer
Security alarm

TAXES:

2006 real property taxes - $3,730.34

HOA:

Annual homeowners association fees are approximately $325

TITLE:

In fee simple. The property is sold free and clear of liens.

TERMS OF SALE:

A $25,000 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, homeowners association fees, 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, and subject to the Declaration and Bylaws of the Glenside Farms Homeowners Association. Purchaser assumes the risk of loss from the date of sale forward. The purchaser agrees to waive the right of rescission as provided under the Maryland Homeowners Association Act. 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. A 5% buyers premium will be added to the final bid price. Time is of the essence.

Broker Participation is invited.
BROKER REGISTRATION FORM

NOTE:

The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Prospective purchasers are encouraged to perform their own due diligence.

PLEASE REFER BACK TO THIS WEB PAGE
FOR INFORMATION UPDATES AND INSPECTION INFORMATION.