Lauenstein & Gephardt, Attorneys
809 Eastern Blvd. 21221

ESTATE SALE

ESSEX

1½ Story, Brick
CAPE COD HOME

Photos of auction property
FRONT VIEW     SIDE VIEW

Sale On Premises
418 MARYLAND AVE.
Baltimore County, MD 21221

THURSDAY, DECEMBER 20, 2007
AT 11:00 A.M.

       Located on a block of newly built and renovated homes, the property is improved by a one and one-half story cape cod home comprising 1,760 sq. ft. (according to tax records) with handicap access. First floor: entry, living room, oversized dining room, huge eat-in kitchen, bedroom and bath. Second floor: 2 rooms and bath. Rear entrance to basement. Oil hot water heat. The property was being used as 2 apartments with separate front doors. Paved 100' driveway. Lot size: 50' x 150', more or less. In Fee Simple The property needs extensive renovation.

Location Map

       Directions: Eastern Ave. to Riverside Dr. South 1 block to Maryland Ave. Left to property.

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

       TERMS OF SALE: A deposit by certified check or cashier's check of $10,000 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. The purchaser assumes risk of loss from day of sale. 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

Mary E. Gephardt & James A. List, P.RS. Estate of Evelyn E. Darr