$30,000 Suggested Opening Bid
- In Need of Renovation-
Sale On Premises
4001 BROOKHILL ROAD
Off 6800 Reisterstown Road
Baltimore, MD 21215
THURSDAY, MARCH 1, 2012
AT 11:00 A.M.
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.
Attractive neighborhood located between the 6800 block of Gist Avenue and the 6800 block of Reisterstown Road, just east of the Baltimore County borderline and south of Pikesville. The neighborhood is accessible to abundant shopping and numerous restaurants along Reisterstown Road. Public transportation is within walking distance. The neighborhood homes vary in architectural styles and consist of both townhomes and detached homes, many of which have undergone substantial renovations.
For directions from your location, visit: maps.google.com
The lot is mostly rectangular measuring 30' x 110', more or less.
Serviced by public water, public sewer and natural gas
Desirable two story brick semi-detached home, features a covered front porch and gas fired forced hot air heat. The home is in need of total renovation and is arranged as follows:
R-5, single family
2011-2012 published annual real estate taxes are $3,675, based on a full value assessment of $154,400. Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact SDAT concerning the appeals process and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html.
In fee simple, being sold free and clear of all liens
10:15 a.m. on the day of the auction only
Deposit payable by certified or cashier's check of $2,500 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 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. The purchaser waives and releases the Seller, the attorney for 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, except where otherwise mandated by local, State or Federal law. Time is of the essence.
No buyer's premium.
Online pre-registration is now closed. Please register with the Auctioneer at the auction site.
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 Wednesday, February 29, 2012.
Call for pre-qualification and financing options:
Mr. Craig Kessler
Freedmont Mortgage Funding
50 Scott Adam Road
Hunt Valley, Maryland 21030
For a list of additional auction-oriented lenders, see our Financing Page.
For all other information please call 410-296-8440
OR EMAIL email@example.com