ATTORNEY-IN FACT SALE
AT PUBLIC AUCTION


BREWER'S HILL
Great Rehab. Neighborhood!

Gutted & Framed
PORCHFRONT
TOWNHOME


Photos of auction property
FRONT VIEW      STREET VIEW

Sale On Premises
709 GRUNDY STREET
Off 4000 Foster Avenue
BALTIMORE, MD 21224

WEDNESDAY, APRIL 26, 2006
AT 2:00 P.M.


       THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE. HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.

GENERAL INFORMATION

LOCATION:

The home is situated on a quiet tree lined 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. Numerous restaurants, bars and shopping areas are within walking distance.

Photo of

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

LOCATION MAP

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp

SITE:

Nice lot measuring 15' x 96'

Serviced by public water, public sewer and natural gas

BLOCK PLAT

ZONING:

R-8, single family residential

IMPROVEMENT
DESCRIPTION:

Two story, covered porchfront, brick townhome that has been completely gutted and has new framing and heating duct work. Ready to finish and renovate!

Photo of

ANNUAL REAL
ESTATE TAXES:


$1,754

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

1:00 p.m. on the day of the auction


TERMS OF SALE

       Deposit payable by certified or cashier's check of $10,000 will be required of the purchaser 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 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. 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. A 5% Buyers Premium will be added to the final bid price. TIME IS OF THE ESSENCE.

Luis Hernandez, Attorney-In-Fact for Rabindra Pradhan