REAL ESTATE AUCTION - INVESTOR SELL-OFF

Two Great Neighborhoods
Two Move-In Condition Homes


"WINDSOR HILLS"
TWO STORY COLONIAL HOME
3 Bedrooms 2 Baths

AND

"EDNOR GARDENS - LAKESIDE"
TWO STORY TOWNHOME
3 Bedrooms 1.5 Baths

Sale On Premises
TUESDAY SEPTEMBER 18, 2007

       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.

AT 2:00 P.M.
3906 BATEMAN AVENUE
Off 2500 Chelsea Terrace
Baltimore, Maryland 21216


Photo of

General Information

LOCATION:

The property is located in the "Windsor Hills" neighborhood of northwest Baltimore City. Surrounded by the better known "Forest Park" community, the area offers a stable, homeowner neighborhood with a suburban feel. Area attractions include Gwynns Falls Park and bike trail, Forest Park Golf Club, Lake Ashburton, and the Baltimore Zoo. Downtown Baltimore is just a few minutes to the southeast, and I-695, with access to I-70 and I-95, are just a few miles to the west.

For more information on Windsor Hills, visit:
http://www.livebaltimore.com/nb/list/wndsrhls/

Location Map

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

SITE:

Nice large lot measuring 50' x 143', comprising 0.16 acre, more or less

Serviced by public water, public sewer and natural gas

ZONING:

R-2, single family residential

IMPROVEMENT
DESCRIPTION:

Stately two story vinyl sided Colonial home with covered entryway has been fully renovated. Features include original hardwood floors, replacement windows, two car parking pad, new appliances, upgraded 200 ampere electrical service, central air conditioning, gas forced hot air heat and sump pump. The first floor contains a living room with working fireplace, an enclosed sun porch, fully renovated kitchen (ceramic tile floors, ceramic tile backsplash and new appliances), family room or additional bedroom and full bath. Three bedrooms with nicely refinished hardwood floors, and full bathroom with ceramic tile floor, on the second floor. Full, unfinished basement with painted floors, french drain and sump pump.


ANNUAL REAL
ESTATE TAXES:


$1,391

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

1:00 P.M. on the day of the auction, or by appointment

Deposit:

$10,000, certified funds only (see terms below)



AT 3:00 P.M.
3923 REXMERE ROAD
Off 1000 E. 36th Street, North 3 Blocks
Baltimore, Maryland 21218


Photos of auction property
FRONT VIEW     REAR VIEW     STORAGE SHED
STREET SCENE #1     STREET SCENE #2

General Information

LOCATION:

The property is located in the "Ednor Gardens - Lakeside" neighborhood of Baltimore City. The community is characterized by well maintained and affordable homes, facilitated by a large number of homeowners with great pride in ownership. The location is in the center of the city, offering affordability with the advantages of access to employment centers as well as attractions and entertainment.

For more information on Ednor Gardens - Lakeside, visit:
http://www.livebaltimore.com/nb/list/ednor/

Location Map

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

SITE:

20' front by 95' deep, more or less
Serviced by public water and public sewer

ZONING:

R-6, single family residential

IMPROVEMENT
DESCRIPTION:

Two story inside group brick townhome has been fully renovated. Features include hardwood floors, new fixtures, completely renovated kitchen, replacement windows, upgraded 200 ampere electric, and rear yard with large storage shed. The home contains a living room and dining room, both with brilliant refinished hardwood floors, and fully renovated kitchen with ceramic tile floors and walk-out, on the first floor. The second floor contains three bedrooms (two have new ceiling fans) and full bath. The basement is partially finished, and contains a half-bath. The home is heated by oil radiant steam heat.


ANNUAL REAL
ESTATE TAXES:


$1,732

TITLE:

Annual $96 ground rent; sold free and clear of all liens

INSPECTION:

Immediately after previous auction

Deposit:

$7,500, certified funds only (see terms below)

TERMS OF SALE

       Deposit, as stated above, 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, transfer taxes and all costs incidental to settlement to be paid by the purchaser. Time is of the essence.

NO BUYER'S PREMIUM