OUTSTANDING PURCHASE OPPORTUNITY

PUBLIC AUCTION SALE


ESSEX
"Marshire" Neighborhood

Well Maintained
VINYL SIDED BUNGALOW


Photos of auction property
FRONT VIEW      DRIVEWAY

Sale On Premises
916 HOMBERG AVENUE
Baltimore County 21221

TUESDAY, JUNE 27, 2006
AT 2:00 P.M.


       Ideally located with easy access to I-695 & I-95, attractive vinyl sided bungalow with 4 car parking/boat pad and high wood fenced rear and side yards. Covered entry deck with living room, eat-in kitchen, dining room with sliders to oversized deck, master bedroom with bath, 2 additional bedrooms and bath. Laundry room. Floored insulated attic with 2 pull-down stairs. New air conditioning installed 8/2005. Walk in (20' x 12') storage shed with loft. Lot size: 57' x 111', more or less. In Fee Simple.

       Directions: Eastern Ave. To S. Marlyn Ave. Turn south 7/10 mile to Homberg Ave. Left to property. (New home construction at intersection- selling in $300K range) LOCATION MAP

       TERMS OF SALE: A deposit by certified check 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 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 as of date of sale. All other public charges and assessments payable on an annual basis including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in an "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein. 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. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Laws. Cost of all documentary stamps, transfer taxes and other costs incident to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.

No Buyer's Premium