Featuring Live & Online Simulcast Bidding
– $50,000 Opening Bid –
Online Bidding Opens
FRIDAY, NOVEMBER 19, 2021
And Closes with Live Auction
Live Onsite Auction
TUESDAY, NOVEMBER 23, 2021
AT 11:00 A.M.
815 UNETTA AVENUE
“Saint Agnes” 21229
Two story, covered porchfront, inside-group, brick townhome, contains living room, dining room, kitchen, two bedrooms (converted from three bedrooms) and bath, basement, gas hot water heat, wood floors; lot size 16’1″ x 91’10” Plat; in fee simple. The house is currently rented for $1,050/month, on a month-to-month basis and is MDE lead registered.
Please complete a Waiver and Confidentiality Agreement form to view the lease.
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.
SUMMARY TERMS OF SALE
Please see the contract of sale for complete terms.
Live Auction Bidders – a $5,000 deposit, 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.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, by 4:00 p.m. on the day of auction, at the Auctioneer’s office.
Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place on or before December 31, 2021. 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, 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 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, and subject to the existing leases of the tenants in place, 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. A 5% buyer’s premium will be added to the final bid price.