PUBLIC AUCTION

HOWARD PARK

Two Story, Porchfront
TRADITIONAL HOME

- In Need of Repairs -

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

Sale On Premises
3505 MARMON AVENUE
Off 5205 Liberty Heights Avenue
BALTIMORE, MD 21207

WEDNESDAY, OCTOBER 17, 2007
AT 2:00 P.M.

LOCATION:

The home is situated in a nice homeowner neighborhood, just east of Rogers Avenue and Northern Parkway. The home is situated in a well established area, within walking distance of public transportation and ample shopping along Liberty Heights Avenue. Downtown Baltimore City is located approximately 15-20 minutes to the southeast.

Location Map

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

SITE:

Rectangular lot fronts 50' along Marmon Avenue, with depths of 120', more or less.
BLOCK PLAT

Concrete driveway

Serviced by public water, public sewer and natural gas

ZONING:

R-4, single family residential

IMPROVEMENT
DESCRIPTION:

Covered porchfront home contains a living room with fireplace, dining room, den, eat-in kitchen and bath, on the first floor; 3 bedrooms and bath, on the second floor; full basement with laundry room; inlaid hardwood floors. Note: The home is need of renovation.

ANNUAL REAL
ESTATE TAXES:


$1,826

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

1:00 p.m. on the day of the auction


TERMS OF SALE

       Deposit payable by certified or cashier's check of $5,000 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 defaulting 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. 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 assumes risk of loss from the date of sale forward. The purchaser waives and releases the Seller, 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 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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE.

NO BUYERS PREMIUM!

Broker participation is invited.
BROKER REGISTRATION FORM