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

ESTATE AUCTION

CHURCH HILL
"Near Chestertown"

Desirable, Vinyl Sided
MODERN RANCHER

In Need of Minor Repairs

Photo of

Sale On Premises
202 VILLAGE DRIVE
Off Main Street, Just East of MD-213
QUEEN ANNES COUNTY, MD 21623

TUESDAY, SEPTEMBER 11, 2007
AT 12:00 NOON


       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:

Good location in the town of Church Hill, Maryland, just several miles south of Chestertown. The property is in a quiet well kept neighborhood, within walking distance of the town center. Shopping, public schools and recreational facilities are in close proximity.

For more information on Church Hill, visit:
http://www.mdmunicipal.org/cities/index.cfm?townname=churchhill

For more information on Chestertown, visit:
http://www.chestertown.com/

Location Map

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

SITE:

Nice lot which measures approximately 142' x 81', comprising 11,543 square feet or 0.26 acre, more or less.

2 Car driveway

Serviced by public water, public sewer

Rear fenced yard

IMPROVEMENT
DESCRIPTION:

Vinyl sided ranch home, constructed in 1991, contains a living room, modern kitchen (with dining area, oak cabinetry, newly installed Frigidaire range/oven, Viking Professional dishwasher and refrigerator), 2 bedrooms, bathroom and laundry alcove with Kenmore washer/dryer. The home is heated by an electric heatpump and is cooled by central air conditioning. Note: The home is in need of minor cosmetic repairs.

ANNUAL REAL
ESTATE TAXES:


$1,498

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

11:00 a.m. on the day of the auction

TERMS OF SALE

       Deposit payable by certified or cashier's check of $7,500 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. 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. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE. NO BUYERS PREMIUM!

Louis J. Weinkam, Jr., Personal Representative
for the Estate of Wendall H. Hurley