Absolute Auction Above $2,500 "McElderry Park" Two Story Shell Townhome

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Listing Details

Sold Price
$5,500
Auction Date
Auction Time
1:30 PM
Address
2615 E. Monument Street, Baltimore, MD, 21205
County
Baltimore City
Neighborhood
McElderry Park
Scroll down for Complete Details, including: property description and Terms of Sale.

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

ESTATE SALE, ET AL.

 

8 BALTIMORE CITY
REAL ESTATE AUCTIONS
- 10 Total Properties -

 

Sales on Respective Premises
FRIDAY, MAY 18, 2012
At the Following Times:

AT 1:30 P.M.
2615 E. MONUMENT STREET
"McElderry Park" - 21205

 
        Absolute Auction Above $2,500 - Off 600 N. Luzerne Avenue - Two story brick inside-group shell townhome. Lot size 14' x 68', more or less. In fee simple. Needs complete rehabilitation.

        BLOCK PLAT (pdf)

For directions from your location, visit: maps.google.com


 

TERMS OF SALE

        Deposit of $2,500 for each property, payable by certified or cashier’s check, will be required of the purchaser at time and place of sale.  The deposit is to be increased to 10% of the purchase price by Monday, May 21, 2012 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. All properties except 2542 Southdene Avenue: 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. 2542 Southdene Avenue: All adjustments as of date of settlement. All properties 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, building violation notices, 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. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Time is of the essence.


NO BUYERS PREMIUM!


BIDDER PRE-REGISTRATION

Online pre-registration is now closed. Please register with the Auctioneer at the auction site.


BROKER COOPERATION:

Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf). 

The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Thursday, May 17, 2012.


FINANCING:

See our Financing Page for a list of auction-oriented lenders.