"Baltimore County"

Live Auction Bidders – A $15,000 deposit on each parcel, or $75,000 if 3, 4, 6 and 10 Bykes Court and 15 Van Court are sold as an entirety, 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. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 4:00 P.M. on the day of auction at the auctioneers office. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount.

A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.

Live Onsite & Online Simulcast Bidding
$100,000 Opening Bid for Each Property

12 – BALTIMORE COUNTY
RENTAL TOWNHOMES

Online Bidding Opens
MONDAY, JUNE 12, 2023
Concluding with Live Onsite Auctions
As Noted Below

The auction consists of twelve two story townhomes, built in the 1970’s-1990’s, rented under one year leases. Rentals range from $1,915 to $2,100 per month. All are Section 8, except for 802 Thimbleberry Road. All are well maintained and have central air conditioning. Each home will be open one hour before the time of sale and the live auction will be conducted on the premises.

Live Auction – Day One
WEDNESDAY, JUNE 14, 2023

11:00 A.M. – Van Dyke Manor 21206

3 Bykes Court – approximately 1,120 square feet of living area and 560 square feet of basement space, built in 1983. In fee simple. Plat

Exterior – vinyl siding, asphalt shingle roof, vinyl-clad replacement windows, fenced rear yard

Main Level

• Living Room/Dining Room – Laminate floor, sliding doors to rear yard
• Kitchen – Ceramic tile floor, wood cabinets, granite counters, electric range/oven, microwave, refrigerator, dishwasher
• Half bathroom – Ceramic tile floor

Upper Level

• Primary Bedroom – Carpeting
• Bedroom #2 – Carpeting
• Bedroom #3 – Carpeting
• Full Hall Bathroom – Ceramic tile floor, fiber glass bath tub

Lower Level

• Room – Ceramic tile floor, used as a bedroom
• Full Bathroom – Ceramic tile floor
• Laundry Room – Ceramic tile floor

Mechanical – electric heat pump and central air conditioning, 60-gallon electric water heater.

4 Bykes Court– approximately 1,120 square feet of living area and 560 square feet of basement space, built in 1983. In fee simple. Plat

Exterior – vinyl siding, asphalt shingle roof, vinyl-clad replacement windows, fenced rear yard

Main Level

• Living Room/Dining Room – Laminate floor, sliding doors to rear yard
• Kitchen – Laminate floor, wood cabinets, granite counters, electric range/oven, microwave, refrigerator, dishwasher
• Half bathroom – Laminate floor

Upper Level

• Primary Bedroom – Laminate floor
• Bedroom #2 – Laminate floor
• Bedroom #3 – Laminate floor
• Full Hall Bathroom – laminate floor, fiber glass bath tub

Lower Level

• Room – Laminate floor, used as a bedroom
• Full Bathroom – Laminate floor
• Laundry Room – Laminate floor

Mechanical – electric heat pump and central air conditioning, 60-gallon electric water heater.

6 Bykes Court– approximately 1,120 square feet of living area and 560 square feet of basement space, built in 1983. In fee simple. Plat

Exterior – vinyl siding, asphalt shingle roof, vinyl-clad replacement windows, fenced rear yard

Main Level

• Living Room/Dining Room – Carpeting, sliding doors to rear yard
• Kitchen – Laminate floor, wood cabinets, granite counters, electric range/oven, microwave, refrigerator, dishwasher
• Half bathroom – Laminate floor

Upper Level

• Primary Bedroom – carpeting
• Bedroom #2 – carpeting
• Bedroom #3 – carpeting
• Full Hall Bathroom – laminate floor, fiber glass bath tub

Lower Level

• Room – Ceramic tile floor, used as a bedroom
• Full Bathroom – Ceramic tile floor
• Laundry Room – Ceramic tile floor

Mechanical – electric heat pump and central air conditioning, 60-gallon electric water heater.

10 Bykes Court – approximately 1,120 square feet of living area and 560 square feet of basement space, built in 1983. In fee simple. Plat

Exterior – vinyl siding, asphalt shingle roof, vinyl-clad replacement windows, fenced rear yard

Main Level

• Living Room/Dining Room – laminate floor, sliding doors to rear yard
• Kitchen – Laminate floor, wood cabinets, granite counters, electric range/oven, microwave, refrigerator, dishwasher
• Half bathroom – Ceramic tile floor

Upper Level

• Primary Bedroom – carpeting
• Bedroom #2 – carpeting
• Bedroom #3 – carpeting
• Full Hall Bathroom – ceramic tile floor, fiber glass bath tub

Lower Level

• Room – Ceramic tile floor, used as a bedroom
• Full Bathroom – Ceramic tile floor
• Laundry Room – Ceramic tile floor

Mechanical – electric heat pump and central air conditioning, 60-gallon electric water heater.

11:20 A.M. – Van Dyke Manor 21206

15 Van Court – approximately 1,120 square feet of living area and 560 square feet of basement space, built in 1984. In fee simple. Plat

Exterior – End of group townhome, vinyl siding, asphalt shingle roof, vinyl-clad replacement windows, fenced rear yard

Main Level

• Living Room/Dining Room – Laminate floor, sliding doors to rear yard
• Kitchen – Laminate floor, wood cabinets, granite counters, electric range/oven, microwave, refrigerator, dishwasher
• Half bathroom – Ceramic tile floor

Upper Level

• Primary Bedroom – Laminate floor
• Bedroom #2 – Laminate floor
• Bedroom #3 – Laminate floor
• Full Hall Bathroom – Ceramic tile floor, wall tile bath tub

Lower Level

• Room – Ceramic tile floor, used as a bedrooms
• Full Bathroom – Ceramic tile floor
• Laundry Room – Ceramic tile floor

Mechanical – electric heat pump and central air conditioning, 60-gallon electric water heater.

ENTIRETY – Van Dyke Manor 21206
 3, 4, 6 and 10 Bykes Court and 15 Van Court

MANNER OF SALE:
First, each property: 3, 4, 6 and 10 Bykes Court and 15 Van Court will be offered individually, and the bids reserved. Second, the properties will be offered as an entirety. The properties will be sold in the manner producing the greatest result, in the sole discretion of the seller.

Live Auction – Day Two
THURSDAY, JUNE 15, 2023

Please see the web page for Day Two.

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. Square footage contained herein is more or less and was obtained from public tax records. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. All properties are sold free and clear of liens.

Additional Information

Please complete the Waiver and Confidentiality agreement to Receive

• Rent Roll and Property Taxes
• Leases
• Licenses
• Lead Paint Registrations – properties built prior to 1978

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

Live Auction Bidders – A $15,000 deposit on each parcel, or $75,000 if 3, 4, 6 and 10 Bykes Court and 15 Van Court are sold as an entirety, 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. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 4:00 P.M. on the day of auction at the auctioneers office.

Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 30 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. All adjustments, including taxes, rents, 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 settlement 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. Properties are sold subject to existing leases and the rights of the tenants in possession. 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 applicable. For condominium properties, the purchaser agrees to waive any right of rescission under the Maryland Condominium Act, having reviewed the condominium resale package in advance of the auction. 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. A 5% buyer’s premium will be added to the final bid price.

Purchaser acknowledges that it is the intention of the Seller to create an IRS Section 1031 Tax Deferred Exchange (the “Exchange”) and that the Seller’s rights and obligations under this Contract may be assigned to a qualified intermediary (the “Intermediary”) to be designated by the Seller to facilitate such Exchange. Buyer agrees to fully cooperate with the Seller and Intermediary, at no additional cost or liability to the Buyer, to enable Seller to utilize the contemplated Exchange.