One House At A Time, Inc.
3553 Chestnut Ave., Suite 2N
Baltimore, MD 21211

RECEIVER'S AUCTIONS
To The Highest Bidders Over $7,000

9 BALTIMORE CITY PROPERTIES
ALL REQUIRING RENOVATION
See Pre-Qualification Requirements Below

Sales On Respective Premises
TUESDAY, NOVEMBER 24, 2009
At the Following Times

        Pursuant to the Orders Appointing a Receiver to Sell a Vacant Building, et al., of the District Court of Maryland for Baltimore City, as noted below, passed in the matter of Mayor and City Council of Baltimore acting by and through the Baltimore City Department of Housing and Community Development, Petitioner v. the following Respondents, as per the case numbers stated below, the undersigned Receiver will sell at public auction on the premises, all those leasehold and fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the Deeds referenced as noted.

10:00 A.M.	2410 E. MADISON STREET Off 700 N. Milton Ave. "Milton - Montford" 21205	Jose C. Arroyo, M.D., P.A., Retirement Trust   34576-07   Liber SEB 1359, folio 379	14' x 70'   $84 annual ground rent (due 3/1 & 9/1)   BLOCK PLAT (pdf)	Two story brick end-of-group townhome believed to contain 6 rooms (3 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

10:30 A.M.	219 N. BELNORD AVENUE Off 2700 Pulaski Hwy. "McElderry Park" 21224	Oscar Labrador, et al.   20931-09   Liber FMC 8508, folio 437	13'8" x 65'   $90 annual ground rent (due 5/26 & 11/26)   BLOCK PLAT (pdf)	Two story brick end-of-group townhome believed to contain 6 rooms (3 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

10:45 A.M.	632 N. BELNORD AVENUE Off 2700 McElderry St. "McElderry Park" 21205	Oscar Savage, Jr., et al.   16761-09   Liber SEB 4946, folio 151	12'9" x 64'   $60 annual ground rent (due 6/1 & 12/1)   BLOCK PLAT (pdf)	Two story brick townhome believed to contain 6 rooms (3 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

11:00 A.M.	527 N. LAKEWOOD AVENUE Off 2600 McElderry St. "McElderry Park" 21205	Shirley Tully   20765-09   Liber SEB 6516, folio 302	13'9" x 70'   In fee simple   BLOCK PLAT (pdf)	Two story brick townhome believed to contain 6 rooms (3 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

11:30 A.M.	2432 JEFFERSON STREET Off 500 N. Milton Ave. "McElderry Park" 21205	Marathon Ventures, LLC   20768-09   Liber FMC 9434, folio 67	14' x 70'   $75 annual ground rent (due 1/1 & 7/1)   BLOCK PLAT (pdf)	Two story brick townhome believed to contain 6 rooms (3 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

11:30 A.M.	2416 JEFFERSON STREET Off 500 N. Milton Ave. "McElderry Park" 21205	Nathan Carter, et al.   17972-09   Liber FMC 7962, folio 622	12' x 53'6"   $72 annual ground rent (due 4/17 & 10/17)   BLOCK PLAT (pdf)	Two story brick townhome believed to contain 6 rooms (3 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

11:30 A.M.	2402 JEFFERSON STREET Off 500 N. Milton Ave. "McElderry Park" 21205	Thanh D. Vuong   20930-09   Liber FMC 7482, folio 742	12' x 53'6"   $33 annual ground rent (due 9/1 & 3/1)   BLOCK PLAT (pdf)	Two story brick townhome believed to contain 5 rooms (2 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

12:00 NOON	416 N. MONTFORD AVENUE Off 2300 Orleans St. "McElderry Park" 21224	Towanda D. McKie, et al.   17386-09   Liber FMC 24, folio 189	13' x 71'   $36 annual ground rent (due 6/1 & 12/1)   BLOCK PLAT (pdf)	Two story brick townhome believed to contain 5 rooms (2 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

12:25 P.M.	126 N. BRADFORD STREET Off 2300 E. Fairmount Ave. "Patterson Place" 21224	Candlestick Capital Group, LLC, et al.   42952-08   Liber FMC 07888, folio 0171	11'6" x 55'   $11.50 annual ground rent (due 1/1 & 7/1)   BLOCK PLAT (pdf)	Two story brick townhome believed to contain 5 rooms (2 bedrooms), bath and basement. Pre-qualification is required – see below.
For directions from your location, visit: maps.google.com

 

Terms of Sale:

        Lot sizes and gross building area were obtained from public tax records and are more or less. Except as noted, properties are zoned residential. Annual ground rents are due in equal semi-annual installments on the noted dates, in each and every year.

        IMPORTANT - EXCEPT AS NOTED ABOVE, THE PROPERTIES ARE BEING SOLD SUBJECT TO VACANT HOUSE NOTICES ("VHN") BY THE CITY OF BALTIMORE. THE PURCHASER SHALL BE REQUIRED TO REHABILITATE EACH PROPERTY ACCORDING TO THE ORDER(S) UNDER THAT VHN.

TERMS OF SALE

        A $3,000 deposit on each property, 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 at settlement, which shall take place within ten (10) business days following final ratification of the sale by the District Court of Maryland for Baltimore City at a location designated by the Receiver. 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 8% per annum, from date of sale to date of settlement. All adjustments as of date of sale. 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, as well as existing zoning. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward. The purchaser waives and releases the Receiver, 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 Receiver 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 Receiver, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser.

        Due to the nature of the Receivership action and the Order of the District Court of Maryland for Baltimore City, Purchaser shall not assign this Contract without prior, written permission of the Receiver, which may be withheld in Receiver's sole and absolute discretion.

One House At A Time, Inc., Receiver

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