Holloway & Sullivan, LLC
The Equitable Building
10 N. Calvert St. #200
Baltimore, Md. 21202
ABSOLUTE ESTATE AUCTION
To The Highest Bidder Above $10,000
TWO STORY BRICK & BLOCK HOME
Sale On Premises
5691 OLD TEMPLE HILL RD.
Prince Georges County, MD 20748
TUESDAY, OCTOBER 25, 2011
AT 11:00 A.M.
For directions from your location, visit: maps.google.com
The property is improved by a brick and block 2 story building, comprising 1,674 square feet with fireplace and bath. The lot comprises 0.470 acre, more or less, with large frontage on Old Temple Hill Road. In Fee Simple.
The property is in poor condition and needs extensive repairs.
TERMS OF SALE: A deposit by certified check or cashier's check of $2,500 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 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 incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE. No Buyer's Premium.
Terry K. Sullivan, P.R. Estate of Tracie Papp
Broker participation is invited.
BROKER REGISTRATION FORM (pdf)