Absolute Above $10,000 - "Ednor Gardens-Lakeside"

Secured Party Orders:
★ABSOLUTE★
REAL ESTATE AUCTIONS
To the Highest Bidders Above $10,000

17 – BALTIMORE CITY HOMES
Partially Renovated – Need Completion

Neighborhoods Include:
Ednor Gardens-Lakeside●Hillen● Greektown
Washington Village-Pigtown●Waltherson●Arlington
Patterson Place●Irvington●Glenham-Belhar
Hanlon-Longwood●Uplands●Walbrook

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

The homes were being renovated and are in various stages of completion. All will be available for inspection beginning February 1 – see instructions above. Ages, lot sizes and gross building area square footage (sf) were obtained from public tax records and are more or less. Properties are zoned residential, unless otherwise noted. Annual ground rents are payable in equal semi-annual installments on the noted dates, in each and every year.

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

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 the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE: A $3,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, 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 45 days. If payment of the deposit or 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 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, ground rent, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to housing or building violation notices, if any. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. 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 Auctioneers. 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. Purchaser shall pay a $250 title review fee to Clear Title Group as an additional expense of sale. The purchaser may select their own title company for settlement. However, the title review fee shall be waived if the purchaser uses Clear Title Group for closing.

No buyer’s premium.