Real Estate Auction - Investor Sell-Off

7 BALTIMORE CITY PROPERTIES

6 ABSOLUTE AUCTIONS
TO THE HIGHEST BIDDER

Sales On Respective Premises
TUESDAY, NOVEMBER 20, 2007

LOCATION MAP (for all properties)


AT 11:00 A.M. - 3418 W. BELVEDERE AVENUE
"Arlington" - Porchfront Townhome

Photos of auction property
FRONT VIEW     STREET SCENE

       ABSOLUTE (To the highest bidder) - Off 5200 Park Heights Ave., 21215 - 2 story brick covered porchfront townhome, is believed to contain a living room, dining room, kitchen, on the 1st floor; 4 bedrooms and bathroom, on the 2nd floor; basement. Lot size: 13'6" x 108'2", more or less. Annual $75 ground rent. Needs Renovation.


AT 11:40 A.M. - 2242 W. BALTIMORE STREET
"Penrose" - Townhome

Photos of auction property
FRONT VIEW     STREET SCENE

       ABSOLUTE (To the highest bidder) - 4 blocks west of Monroe St., 21223 - 2 story brick townhome, is believed to contain a living room, dining room, kitchen, on the 1st floor; 3 bedrooms and bathroom, on the 2nd floor; basement. Lot size: 14'4" x 75', more or less. Annual $90 ground rent. Needs Renovation.


AT 12:05 P.M. - 313 S. PULASKI STREET
"Carrollton Ridge" - Townhome

Photos of auction property
FRONT VIEW     STREET SCENE

       ABSOLUTE (To the highest bidder) - 2 blocks south of 2100 Pratt St., 21223 - 2 story brick townhome, is believed to contain a living room, dining room, kitchen, on the 1st floor; 3 bedrooms and bathroom, on the 2nd floor; basement. Lot size: 14' x 78'6", more or less. Annual $240 ground rent. Needs Renovation.


AT 12:25 P.M. - 2227 CHRISTIAN STREET
"Carrollton Ridge" - Townhome

Photos of auction property
FRONT VIEW     STREET SCENE

       ABSOLUTE (To the highest bidder) - North of Wilkens Ave., off 500 S. Bentlou St., 21223 - 2 story brick townhome, is believed to contain a living room, dining room, kitchen, on the 1st floor; 3 bedrooms and bathroom, on the 2nd floor; basement. Lot size: 12' x 75', more or less. Annual $36 ground rent. Needs Renovation.


AT 12:45 P.M. - 1823 RAMSAY STREET
"Carrollton Ridge" - Townhome

Photos of auction property
FRONT VIEW     STREET SCENE

       ABSOLUTE (To the highest bidder) - Off 300 S. Fulton Ave., 21223 - 2 story brick townhome, is believed to contain a living room, dining room, kitchen, on the 1st floor; 3 bedrooms and bathroom, on the 2nd floor; basement. Lot size: 12' x 60', more or less. In fee simple. Needs Renovation.


AT 1:45 P.M. - 1840 DIVISION STREET
"Upton" - Townhome

Photos of auction property
FRONT VIEW     STREET SCENE

       ABSOLUTE (To the highest bidder) - Two blocks west of Druid Hill Ave.,off 500 Laurens St., 21217 - 2 story brick townhome, is believed to contain a living room, dining room, kitchen, on the 1st floor; 3 bedrooms and bathroom, on the 2nd floor; basement. Lot size: 12' x 75', more or less. Annual $90 ground rent. Needs Renovation.


AT 2:10 P.M. - 906 E. PRESTON STREET
"Johnston Square" - Renovated Townhome

Photos of auction property
FRONT VIEW     STREET SCENE

       Renewal Area - Off 1200 Ensor St., 21202 - Renovated 2 story brick townhome, contains a living room, dining room, kitchen, on the 1st floor; 3 bedrooms and bathroom, on the 2nd floor; basement. Lot size: 12'11" x 72', more or less. Annual $90 ground rent.


TERMS OF SALE

       A deposit of $2,500 for each property, payable by certified or cashier's check, 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, ground rent (if any) 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 the rights of the existing tenants, existing housing violation notices (if any), 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. TIME IS OF THE ESSENCE.

NO BUYERS PREMIUM!

Lunch from Attman's Delicatessen
will be provided to all registered bidders.

Broker participation is invited.
BROKER REGISTRATION FORM