John C. Heisler and Dana O. Williams, Attorneys
Heisler, Williams & Lazzaro, LLC
102 W. Pennsylvania Avenue, Suite 200
Towson, Maryland 21204

TRUSTEES' &
ESTATE AUCTION

CANTON

WATERFRONT
GARAGE TOWNHOME
Located In
"THE ANCHORAGE"

& Remaining Household Furnishings

Photos of auction property
STREET SIDE      WATER SIDE      ATRIUM & SUN DECK
MARINA      STREET SCENE

Sale On Premises
2359 BOSTON STREET
Opposite Safeway Shopping Center
Baltimore, MD 21224

TUESDAY, JUNE 5, 2007
AT 11:00 A.M.

LOCATION:

2359 Boston Street is a waterfront townhome, situated in a gated community along the south side of Boston Street and the north shore of Baltimore Harbor. Shopping, restaurants, marinas and a scenic waterfront park are within two blocks of the site. Constructed in the 1980's, the Anchorage was one of the first and best known of the new home developments in Canton.

For a Canton neighborhood description, visit:
http://www.livebaltimore.com/nb/list/canton/

LOCATION MAP

SITE:

Inside group lot - 17'6" x 68', more or less
Outstanding water views
On-site garage parking and assigned space in parking lot
Grass courtyard
Zoning B-2-3, commercial
Public water, sanitary sewer, electricity, telephone and cable tv

BLOCK PLAT

HOME:

Three story brick inside-group townhome, features 7 rooms, 2 full baths, 2 half-baths and built-in garage.

BUILDING SKETCH

Exterior Materials - composition shingle roof, aluminum casement windows, wood sun deck, covered front entry

Interior Finishes - hardwood, carpeting, drywall, ceramic tile bath floors and wainscots

Entry Level - ceramic tile foyer, coat closet, garage with storage locker

Second Level - carpeted family room with fireplace, utility room, walkout to grass courtyard with brick wall, half-bath

Third Level - dining room with hardwood floor, kitchen with hardwood floor, laminate cabinets, appliances, laundry closet

Fourth Level - living room with hardwood floor, fireplace, atrium glass wall and exit to sun deck

Fifth Level - carpeted master bedroom and master bath

Sixth Level - carpeted bedroom and bath

Upper Level - carpeted room, used as a walk-in closet, but suitable for an office or bedroom

Mechanical
Carrier heat pump and central air conditioning
200-ampere electrical service
50-gallon electric water heater

HOMEOWNER'S
ASSOCIATION FEE: 


Approximately $150/month

TAXES:

Tax Year 2007 - $10,853.04

INSPECTION:

One hour prior to sale or by appointment with the auctioneers

TERMS:

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 Constitution and Bylaws of The Anchorage Homeowner's Association, if any. Purchaser agrees to waive the right of rescission as provided by the Maryland Homeowners Association Act and assumes the risk of loss from the date of sale forward. The purchaser waives and releases the Sellers, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Sellers are 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 Sellers 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.

Broker participation is invited.
BROKER REGISTRATION FORM

PERSONAL PROPERTY:

Remaining household furnishings include: living room, dining room, bedroom, kitchenware and decorations. To be sold as an entirety only; cash and immediate removal is required.

Photos of auction property
PHOTO #1      PHOTO #2      PHOTO #3

John C. Heisler and Dana O. Williams,
Personal Representatives of the Estate of Evelyn G. Severn
Trustees under the Will of John Edward Severn