REAL ESTATE AUCTION
PIKESVILLE
"Sudbrook Park"
BRICK RANCHER
Sale On Premises
603 GLENROCK ROAD
Off 700 Milford Mill Road
Baltimore County, MD 21208
WEDNESDAY, MAY 9, 2012
AT 2:00 P.M.
NOTE: 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. All dimensions contained herein are more or less.
GENERAL INFORMATION
603 Glenrock Road is located in the "Sudbrook Park" subdivision of Pikesville in western Baltimore County. Sudbrook Park is a neighborhood of well-kept detached homes varying greatly in age, architectural design and square footage. The neighborhood is convenient to the Baltimore Beltway (I-695) and minutes from MTA Metro Subway and MTA bus service. Nearby public schools are Bedford Elementary, Pikesville Middle School and Milford Mill Academy High School.
For more information about Sudbrook Park's storied history and community, visit:
http://sudbrookpark.com
For directions from your location, visit: maps.google.com
SITE AREA
Rectangularly shaped parcel measuring 50' x 150', more or less
Public water, public sewer and natural gas
Rear storage shed
Tax Map:
IMPROVEMENTS
All brick detached rancher features oil radiant heat, newly installed gas fired water heater, storm windows, and is arranged as follows:
ZONING
DR 5.5 - residential
REAL ESTATE TAXES
Annual Real Estate Taxes - $1,584 (based on a full value tax assessment of $130,700). 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.
TITLE
In fee simple; sold free and clear of all liens
INSPECTION TIME
By appointment or 1:00 p.m. on the day of the auction.
TERMS OF SALE
Deposit payable by certified or cashier's check of $5,000 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 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 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 Tuesday, May 8, 2012.
FINANCING
Call for pre-qualification and financing options:
Mr. Craig Kessler
Freedmont Mortgage Funding
50 Scott Adam Road
Hunt Valley, Maryland 21030
410-654-3900 direct
410-702-4511 fax
ckessler@freedmont.com
For a list of additional auction-oriented lenders, see our Financing Page.
For all other information please call 410-296-8440
OR EMAIL info@ajbillig.com