One House At A Time, Inc., Receiver
3553 Chestnut Ave., Suite 2N
Baltimore, MD 21211

COURT AGENT & RECEIVER'S AUCTIONS
To The Highest Bidders


7 - BALTIMORE CITY HOMES
REQUIRING RENOVATION

See Pre-Qualification Requirements for
Certain Properties As Stated Below


Sales On Respective Premises
MONDAY, SEPTEMBER 24, 2007
At The Following Times

LOCATION MAP (for all properties)

       Pursuant to the Orders Appointing a Court Agent Pursuant to Maryland Rule 3-648 or a Receiver to Sell a Vacant Building, of the District Court of Maryland for Baltimore City, passed in the matter of Mayor and City Council of Baltimore acting by and through the Baltimore City Department of Housing and Community Development, Petitioner v. the following Defendants or Respondents, as per the case numbers stated below, the undersigned Court Agent or Receiver will sell at public auction on the premises, all those leasehold and fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the Deeds referenced as noted.

Time Address Ground Rent Lot Size (More or Less) Description
10:00 3701 CENTRE PLACE
Off 100 S. Dean Street
"Highlandtown" 21224
Defendant - Eaton
Investments, Inc.
Case No. 33419-06
Photos of auction property
FRONT VIEW
STREET SCENE
Fee Simple 12' x 48' Two story end-of-group brick townhome. There is no pre-qualification requirement to bid on this home.

       IMPORTANT - THE PROPERTIES LISTED BELOW ARE BEING SOLD SUBJECT TO VACANT HOUSE NOTICES ("VHN") BY THE CITY OF BALTIMORE. THE PURCHASER SHALL BE REQUIRED TO REHABILITATE EACH PROPERTY ACCORDING TO THE ORDER(S) UNDER THAT VHN.

       PROSPECTIVE PURCHASERS MUST PRE-QUALIFY TO BID AT LEAST FIVE BUSINESS DAYS PRIOR TO THE SCHEDULED AUCTION SALE. NO bidders who are not pre-qualified shall be allowed to participate in this auction; NO EXCEPTIONS.

Deadline: Mon., Sept. 17, 2007
Mail Application to:
One House At A Time, Inc.
3553 Chestnut Ave., Suite 2N
Baltimore, MD 21211
(Only original applications will be accepted; NO FAXED COPIES!)
APPLICATION FORM (pdf)
(Requires Acrobat Reader to view)
Click Logo to get Adobe Acrobat Reader

       NOTE: If you have pre-qualified for other One House At A Time, Inc. Receiver's Auctions, please call 410-467-1826 and state your intention to bid. You may not be required to complete another form.

Time Address Ground Rent Lot Size (More or Less) Description
10:45 502 N. CURLEY STREET
Off 2900 Jefferson Street
"Ellwood Park" 21205
Respondent -
Jeremy B. Braden
Case No. 18460-07
Photos of auction property
FRONT VIEW
STREET SCENE
$180 12'6" x 65' Two story porchfront inside-group brick townhome
11:15 1217 N. LUZERNE AVENUE
Off 2600 Biddle Street
"Berea" 21213
Respondent -
Jerry MacKinnon
Case No. 17908-07
Photos of auction property
FRONT VIEW
STREET SCENE
$65 14' x 70' Two story inside-group brick townhome
11:45 404 E. FEDERAL STREET
Off 1600 Barclay Street
"Greenmount West" 21202
Respondent - Faith Temple
Bible Way Church of Our Lord
Jesus Christ World Wide, Inc.
Case No. 3484-07
Photos of auction property
FRONT VIEW
STREET SCENE
$36 13'6" x 65' Two story inside-group townhome
12:20 611 MONTPELIER STREET
Off 3000 Old York Road
"Better Waverly" 21218
Respondent -
Waverly Store Corporation
Case No. 18071-07 Photo of
$78 59' x 52' Two story frame Victorian porchfront home
1:00 403 PRESSTMAN STREET
Off 1900 McCulloh Street
"Druid Heights" 21217
Respondent -
Leroy McCardell, II
Case No. 18461-07
Photos of auction property
FRONT VIEW
STREET SCENE
$84 13'6" x 51'6" Two story brick end-of-group brick townhome
1:15 2020 DIVISION STREET
Off 500 Presstman Street
"Upton" 21217
Respondent - Henry C. Payne
Case No. 8685-07
Photos of auction property
FRONT VIEW
STREET SCENE
$58 13' x 82' Two story brick inside-group brick townhome

TERMS OF SALE

       A $2,500 deposit on each property, 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 at settlement, which shall take place within ten (10) business days following final ratification of the sale by the District Court of Maryland for Baltimore City at a location designated by the Receiver. 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 8% per annum, from date of sale to date of settlement. All adjustments as of date of sale. Taxes 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 easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward. The purchaser waives and releases the Receiver, 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 Receiver 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 Receiver, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser.

       Due to the nature of the Receivership action and the Order of the District Court of Maryland for Baltimore City, Purchaser shall not assign this Contract without prior, written permission of the Receiver, which may be withheld in Receiver's sole and absolute discretion.

One House At A Time, Inc.,
Court Agent as to Eaton Investments, Inc.
and Receiver as to balance

No Buyer's Premium