Richard S. Baer, Attorney
Kingsville, MD 21087

ATTORNEY'S AUCTION

OWINGS MILLS
"Reisterswood"

END-OF-GROUP TOWNHOME
3 Bedrooms 2½ Baths

Photos of auction property
FRONT VIEW      STREET SCENE

Sale On Premises
213 CEDARMERE CIRCLE
Off Church Road (west of Reisterstown Road)
Baltimore County, MD 21117

TUESDAY, SEPTEMBER 11, 2007
AT 2:00 P.M.
(Inspection 1:15 p.m.)

LOCATION:

213 Cedarmere Circle is located of Church Road and Delight Road, several blocks west of the 11400 block of Reisterstown Road (near Captain Harvey's). The home is located about a mile south the I-795 Franklin Boulevard Exit 7, providing access to employment centers and the Metro Subway Owings Mills Station. Shopping and restaurants are conveniently located throughout the surrounding community. According to the Baltimore County Public Schools web site, public schools are Cedarmere Elementary, Franklin Middle and Owings Mills High School.

Location Map

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SITE:

Large lot - 66' x 120'
Fenced rear yard
Storage building
Woods in rear provide privacy

HOME:

Two story brick and aluminum siding end-of-group townhome, constructed in 1974, with composition shingle roof, aluminum rain gutters and downspouts, wooden double hung windows and storm sash. The home needs some cosmetic repairs.

First Floor Living room - hardwood
Dining room - hardwood
Kitchen - vinyl floor, range/oven, refrigerator, dishwasher, disposal

Second Floor - carpeting
Master Bedroom with built-in cabinets
Master shower stall bath - ceramic tile
Bedroom #2
Bedroom #3
Full hall bath - ceramic tile

Full Basement
Family room - carpeting
Half-Bath
Laundry/utility room with outside exit, washer and dryer

Mechanical
New Carrier oil forced hot air furnace and central air conditioning in 2006
Rheem gas 50-gallon water heater
100-ampere electric

TITLE:

In fee simple. The home will be sold free and clear of liens. No homeowner's association or HOA dues!

TERMS OF SALE:

A $10,000 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, 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.

Broker participation is invited.
BROKER REGISTRATION FORM