Louis J. Weinkam, Jr., Attorney
1002 Frederick Road
Catonsville, MD 21228

ESTATE AUCTION

INGLESIDE PARK

Desirable, 2 Story
BRICK TOWNHOME


Photos of auction property
FRONT VIEW      STREET SCENE

Sale On Premises
1225 STELLA DRIVE
Off 1573 Ingleside Ave.
BALTO. CO., MD 21207

WEDNESDAY, SEPTEMBER 19, 2007
AT 11:00 A.M.


LOCATION:

Convenient location, near the Social Security Complex, one block from I-70, within one mile of I-695 (exit 15). The property is in a quiet well kept neighborhood, within walking distance of public transportation, ample shopping and only blocks from the newly renovated Westview Shopping Center. The Downtown Baltimore business district is less than 15 minutes to the southeast. Public schools are in close proximity.

Location Map

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

SITE:

Nice lot measuring 19' x 105.27', more or less.

Serviced by public water, public sewer and natural gas

Location Map

IMPROVEMENT
DESCRIPTION:

Two story brick townhome features hardwood floors, recently installed water heater, gas forced hot air heat and central air conditioning. The home contains: living room, dining room and kitchen, on the first floor; 3 bedrooms and bathroom, on the second floor; full basement with paneled club room (built-in bar) and laundry room. Note: The home is in need of repairs and updating.

ANNUAL REAL
ESTATE TAXES:


$1,280

TITLE:

Subject to an annual $96 ground rent; sold free and clear of all liens

INSPECTION:

10:00 a.m. on the day of the auction

TERMS OF SALE

       Deposit payable by certified 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 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, ground rent 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. 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!

Mary Tacka, Personal Representative for the
Estate of Margaret Krickbaum