ESTATE AUCTION

LOCHEARN
Liberty Road Corridor

Ready to Renovate
COLONIAL HOME


Photos of auction property
FRONT VIEW    REAR VIEW    REAR YARD
STREET SCENE #1     STREET SCENE #2

Sale On Premises
3514 FOREST HILL ROAD
Off 6300 Liberty Road
Baltimore County, Maryland 21207

TUESDAY, AUGUST 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 "Lochearn" area of Baltimore County. Lochearn's location just west of the Baltimore City line, offers great convenience for commuters of all types. I-695 is less than a mile to the west, I-70 is two miles to the south, and Downtown Baltimore is minutes to the east. Metro subway and bus services are nearby. The popularity of the location is bolstered its by city-like proximity with the added benefit of lower county taxes. This particular block of Forest Hill Road offers a mix of long standing homes and brand new construction, all on a cul-de-sac.

For more information on Baltimore County, visit:
http://www.baltimorecountymd.gov/

Location Map

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

SITE:

Lot size is 0.23 acre, more or less

ZONING:

DR 5.5, Residential

IMPROVEMENT
DESCRIPTION:

Two story frame colonial porchfront home has been broom cleaned, and is prime for renovation. The home contains an entry foyer, well sized living room, sitting room or additional bedroom, full bath, kitchen with walk-out to side yard, breakfast room, dining room, and sun room, on the first floor; three bedrooms with well maintained hardwood floors, full bath with ball and clawfoot tub, and bonus room, on the second floor; storage attic with hardwood floors; full unfinished basement with laundry hook-up; oil hot water heat. The property offers a great opportunity for a homeowner to renovate the property to their own specifications, or for an investor to rehab. and resell.

Photos of auction property
FIREPLACE    BREAKFAST ROOM     SUN ROOM
HARDWOOD FLOORS

ANNUAL REAL ESTATE TAXES:


$1,553

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

10:15 A.M. on the day of the auction

TERMS OF SALE

       A $7,500 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.

Larry Holman, Personal Representative of the Estate of Andrew G. Holman

Broker participation is invited.
BROKER REGISTRATION FORM