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On The Respective Premises
NEW AUCTION DATE:
THURSDAY, MARCH 23, 2017
3 – RENTAL TOWNHOMES
100% Occupied ◆ MDE Lead Certificates
At 11:45 A.M.
1501 N. CAREY STREET
$10,000 suggested opening bid – two story brick end-of-group townhome, 3 bedrooms and bath; lot size 13’8″ x 79′ m/l; in fee simple; currently rented for $429/month.
At 12:20 P.M.
2748 RIGGS AVENUE
$10,000 suggested opening bid – two story porchfront brick inside-group townhome; 3 bedrooms, 1.5 baths; lot size 15′ x 110′ m/l; subject to an annual $70 ground rent; currently rented for $695/month.
At 1:20 P.M.
2795½ THE ALAMEDA
$15,000 suggested opening bid – two story porchfront brick inside-group townhome; 3 bedrooms, 2 baths; lot size 14’3″ x 109’2″ m/l; subject to an annual $120 ground rent; currently rented for $950/month.
Leases and MDE lead inspection certificates are available to view. Please complete and sign the Waiver and Confidentiality Agreement form and return it to the office of the Auctioneer by fax: 410-296-4420 or email: firstname.lastname@example.org.
TERMS OF SALE: A $2,500 deposit on each property, payable by cashier’s check, 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 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. All adjustments, including taxes, ground rent, 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. 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.
No buyer’s premium.