Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
The Equitable Building- Suite 620
10 N. Calvert St. 21202

ESTATE SALE

ASHBURTON AREA

Two Story, Stucco
TRADITIONAL HOME

2 CAR GARAGE

& Household Furniture

Photos of auction property
FRONT VIEW      GARAGE

Sale On Premises
3506 CALLAWAY AVENUE
Off 3700 Liberty Hts Avenue
Baltimore, MD 21215

WEDNESDAY, FEB. 21, 2007
AT 11:00 A.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 property is located in the prestigious Ashburton neighborhood of northwest Baltimore City, known for diverse architecture, sizeable lots and pride in home ownership. Area attractions abound, including Lake Ashburton, Hanlon Park and the Forest Park Golf Course. Downtown Baltimore City is within minutes to the southeast and the surrounding counties are easily accessible from I-83, I-395 and I-95.

For more information on Ashburton, visit:
http://www.livebaltimore.com/nb/list/ashb/

LOCATION MAP

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

SITE:

Expansive lot measuring 60' x 150', comprising 0.21 acre, more or less

BLOCK PLAT

Serviced by public water, public sewer and natural gas

ZONING:

R-2, single family residential

IMPROVEMENT
DESCRIPTION:

Stately stucco home with a pillared porchfront contains a large entry foyer, living room with marble fireplace, sun porch, formal dining room, kitchen, laundry room, and powder room on the first floor; master bedroom with private bathroom, 3 additional bedrooms, and hall bathroom, on the second floor; walk-up attic. Full basement with club room features a brick fireplace and built-in bar, powder room, laundry and storage room with rear walk-out. Utilities include gas hot water heat and circuit breakers. Wooden floors are an additional feature. A long driveway leads to a 2-car stucco detached garage.

ANNUAL REAL
ESTATE TAXES:


$2,771.57

TITLE:

In fee simple; sold free and clear of all liens

FURNITURE:

4 bedroom sets, 8-piece dining room set, upholstered pieces, rugs, glassware, etc. Will be sold in large lots or as an entirety. Cash and immediate removal required.

INSPECTION:

10:00 a.m. on the day of the auction


TERMS OF SALE

       A deposit by certified check or cashier's check of $15,000 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.

Arthur L. Drager, P.R. Estate of Thelma P. Bando