Real Property Data Search Search Result for BALTIMORE COUNTY View Map View GroundRent Redemption View GroundRent Registration Tax Exempt: Exempt Class: Special Tax Recapture: AGRICULTURAL TRANSFER TAX Account Identifier: District - 10 Account Number - 1020000190 Owner Information Owner Name: TAYLORS PURCHASE INC Use: Principal Residence: Mailing Address: Premises Address: C/O ROBERT K SMITH PRESIDENT 177 N US HWY 1 STE 307 TEQUESTA FL 33469-2746 SPARKS RD 0-0000 Location & Structure Information Legal Description: AGRICULTURAL NO Deed Reference: /04639/ 00496 50.092 AC NS SPARKS Map: Grid: Parcel: Sub District: Subdivision: Section: Block: Lot: Assessment Year: Plat No: 0034 0006 0269 0000 2017 Plat Ref: Special Tax Areas: Town: NONE Ad Valorem: Tax Class: Primary Structure Built Above Grade Living Area Finished Basement Area Property Land Area County Use 1966 4,490 SF 50.0900 AC 05 Stories Basement Type Exterior Full/Half Bath Garage Last Major Renovation 2 NO STANDARD UNIT FRAME 4 full/ 1 half 1 Attached Value Information Base Value Value Phase-in Assessments As of 01/01/2017 As of 07/01/2018 As of 07/01/2019 Land: 182,200 182,200 Improvements 299,400 309,100 Total: 481,600 491,300 488,067 491,300 Preferential Land: 7,200 7,200 Transfer Information Seller: DANCE J V AG USE 83-84 Date: 06/30/1966 Price: $0 Type: NON-ARMS LENGTH OTHER Deed1: /04639/ 00496 Deed2: Seller: Date: Price: Type: Deed1: Deed2: Seller: Date: Price: Type: Deed1: Deed2: Exemption Information Partial Exempt Assessments: Class 07/01/2018 07/01/2019 County: 000 0.00 State: 000 0.00 Municipal: 000 0.00 0.00 0.00 0.00 Tax Exempt: Exempt Class: Homestead Application Status: No Application Special Tax Recapture: AGRICULTURAL TRANSFER TAX Homestead Application Information Homeowners' Tax Credit Application Information Homeowners' Tax Credit Application Status: No Application Date:
PURCHASING REAL ESTATE AT AUCTION General Information The following information is provided by Richard Opfer Auctioneering, Inc. to assist you in understanding your purchase of a property at public auction. The material in this form is general in nature and does not limit your obligations under the contract of sale that you will be required to sign. Terms of Sale: Your responsibilities as a purchaser have been advertised prior to the day of sale and will be read by the auctioneer at the time of sale. Additional terms may be announced on the day of sale or may be posted at the sale site. The auctioneer will make important announcements regarding the property and your obligations as a purchaser. Please feel free to ask any questions regarding these terms. Condition of Property: The property will be sold AS IS. Unless otherwise announced, the sellers make no representations or warranties about the condition of the property. The sellers will not make any repairs. Deposit: Your deposit will be credited towards the purchase price. If you do not comply with the TERMS OF SALE, either published or within the contract of sale, you might lose all or part of your deposit. In addition, if you fail to settle for the property, you might be obligated to pay the expenses to resell the property. Expenses: You will be responsible for the expenses of owning the property as of the date of sale, including taxes, utility costs and insurance. You will be required to pay interest on the amount of the purchase price, less the amount of your deposit, from the date of the sale to the date you settle for the property. We recommend that you obtain a fire insurance binder on the property immediately as of the date of sale. The purchaser will pay all of the settlement expenses, including title fees and recording costs. Settlement: The settlement or closing period is specified within the terms of sale. If settlement is based on ratification by a court, that ratification period will take from 30 to 45 days. Financing: It is the purchaser s responsibility to obtain financing. If you plan to use a mortgage to purchase the property, we recommend that you apply for the loan immediately. If the bank must take a longer than specified time to complete the loan, the sellers may extend settlement for a short period of time if you can provide proof of loan commitment. If you do not obtain the financing within the specified time for settlement, you will be in default of your contract of sale. FAILURE TO COMPLY WITH ANY OF THE TERMS OF SALE MAY CAUSE YOU TO FORFEIT YOUR DEPOSIT AND BE RESPONSIBLE FOR THE EXPENSES TO RESELL THE PROPERTY.
REAL ESTATE PURCHASE AND SALE CONTRACT THIS PURCHASE AND SALE CONTRACT, made and entered into this day of,2018, By and between NAME ADDRESS PHONE hereinafter referred to as SELLER and NAME ADDRESS PHONE NAME ADDRESS PHONE hereinafter referred to as BUYER. WITNESSETH: That Seller agrees to sell and convey and Buyer agrees to purchase and pay for the following described real situated in BALTIMORE County, State of MARYLAND together with all improvements thereon, more particularly described as follows: SPARKS ROAD 50.092 AC NS SPARKS and being the same property recorded in Deed Book No.04639 Page No.00496 at the County Clerk s Office in Baltimore County, Maryland. The buyer agrees to pay therefore the sum of: $ bid price, plus the 10% Buyer s Premium of $, which equals contract price of $, therefore: $, contract price to be paid as follows: $, Cash, the receipt of which is hereby acknowledged, and which is deposited in Richard Opfer Auctioneering, Inc. Escrow Account and, $, $, $, Due with deed. CLOSING DATE: This transaction shall be closed and the deed and other closing papers delivered on, unless extended by other provisions of this contract; and possession of the subject real estate shall occur. Seller agrees to pay all taxes due and payable. Buyer agrees to pay all taxes from. PROCEEDS OF SALE; CLOSING PROCEDURE: The deed shall be recorded upon clearance of funds. Proceeds of the sale shall be held in escrow by Richard Opfer Auctioneering, Inc. (Escrow Agent) for a period of not more than 5 days after closing date. If Seller s title is rendered unmarketable, through no fault of Buyer, Buyer shall, within the 5-day period, notify Seller in writing of the defect and Seller shall have 30 days from date of receipt of such notification to sure the defect. If seller fails to timely cure the defect, all deposit(s) and closing funds shall, upon written demand by Buyer and within 5 days after demand, be returned to Buyer. ESCROW: Escrow Agent is authorized and agrees by acceptance of any funds to deposit them promptly, hold same in escrow and, subject to clearance, disburse them in accordance with terms and conditions of this Contract. Failure of clearance of funds shall not excuse Buyer s performance. If in doubt as to Escrow Agent s duties or liabilities under the provisions of Contract, Escrow Agent may, at Escrow Agent s option, continue to hold the subject matter of the escrow until the parties mutually agree to its disbursement or until a judgment of a court of competent jurisdiction shall determine the rights of the parties or Escrow Agent shall fully terminate, except to the extent of accounting for any items previously delivered out of escrow. Any suit between Buyer and Seller wherein Escrow Agent is made a party because of acting as Escrow Agent hereunder, or in any suit wherein Escrow Agent interplead the subject matter of the escrow, Escrow Agent shall recover reasonable attorney s fees and costs incurred with the fees and costs to be paid from and out of the escrowed funds or equivalent and charged and awarded as court costs in favor of the prevailing party. Parties agree that Escrow Agent shall not be liable to any party or person for misdelivery to Buyer or Seller of items subject to this escrow, unless such misdelivery is due to willful breach of this Contract or gross negligence of Escrow Agent. Both Seller and Buyer further agree that Richard Opfer Auctioneering, Inc., its agents, officers, directors and employees will not be held liable to either or both Seller and Buyer for the performance of any terms of this Purchase and Sale Contract or for damages for the non-performance thereof. The Auctioneer shall also receive accrued interest on any escrowed funds. FAILURE OF PERFORMANCE: If Buyer fails to perform this Contract within the time specified, including payment of all deposit(s), the deposit(s) paid by Buyer and deposit(s) agreed to be paid, may be retained by or for the account of Seller as agreed upon liquidated damages, consideration for the execution of this contract and in full settlement of any claims; whereupon, Buyer and Seller shall be relieved of all obligations under this Contract; or Seller, at Seller s option, may proceed in equity to enforce Seller s right under this Contract. If Seller elects to retain the deposits paid by Buyer, such sums shall be disbursed to Seller and Richard Opfer Auctioneering, Inc. in accordance with their Auction Agreement. If for any reason other than failure of Seller to make Seller s title marketable after diligent effort, Seller fails, neglects or refuses to perform this Contract, the Buyer may seek specific performance or elect to receive the return of Buyer s deposit(s) without thereby waiving any action for damages resulting from Seller s breach. CONVEYANCE: Seller shall convey title to the Real Property by statutory warranty, trustee s, personal representative s or guardian s deed, as appropriate to the status of Seller unless this auction is pursuant to an order of the courts having jurisdiction in the transfer to the subject real estate. EASEMENT AND RESTRICTIONS: The property is sold subject to any easement, restriction, applicable limitations, right of way and planning and zoning regulations. The undersigned hereby agree that any suit, action or legal proceeding arising out of or relating to the auction shall be brought solely and exclusively in the courts of the State of Maryland in and for Baltimore County, Maryland, consent to the jurisdiction of such court in any suit, action or proceeding and waive any objection which they may have to the laying of venue of any such suit, action or proceeding in such court. Further, the parties acknowledge and agree that this Purchase and Sale Contract shall be governed by, construed and enforced in accordance with the internal laws of the State of Maryland without regard of principles of conflicts of laws. The Buyer and Seller, and their respective agents, employees or any other parties acting on their behalves, specifically agree to HOLD HARMLESS Richard Opfer Auctioneering, Inc., its officers, directors and employees, for any injuries or damages arising from this Purchase and Sale Contract. All parties signing this Purchase and Sale Contract in any representative capacity represent that they have the authority to sign on behalf of such party or entity. If the sale of the subject real estate is by auction, it is subject to all restrictions and announcements made at the opening of the auction. We further certify that we have examined the property described hereinabove; that we are thoroughly acquainted with its conditions and accept it as such. BUYER AND SELLER ACKNOWLEDGE THAT THIS CONTRACT HAS BEEN READ AND UNDERSTOOD BY THEM PRIOR TO SIGNING IT. (Seller) (Date) (Seller) (Date) Social Security or Tax I.D. # Social Security or Tax I.D. # (Buyer) (Date) (Buyer) (Date) Social Security or Tax I.D. # Social Security or Tax I.D. # Richard Opfer Auctioneering, Inc., Escrow Agent Witness
SELLER FINANCING ADDENDUM A TO THE AUCTION AGREEMENT Pursuant to the auction agreement by and between, referenced herein and dated October, 2018, seller financing shall be offered by the seller to the buyers who can make a down payment of at least 30% of the total contract price. The interest rate on the financed balance would be 9% with monthly payments amortized on a 25 year amortization schedule. A balloon payment would be due in 3 years. TERMS: 10% deposit day of auction. 20% additional deposit required at closing within 30 days. 25 year amortization, payments to be paid monthly. 9% Annual Percentage Rate. 3 year payoff No prepayment penalty. Mortgage documents and recording costs at buyer s expense. 30 day acceleration. I hereby authorize the above seller financing to be offered as a term in my auction. SELLER SELLER DATE DATE Example: $100,000 Bid Disbursement Example: $ 10,000 Buyer s Premium $10,010 to Auction Co (Commission) $110,000 Contract $22,990 (minus expenses) to Seller $ 33,000 Down Payment $ 77,000 Mortgage
NOTICE TO SELLER AND PURCHASER Section 10-702 of the Real Property Article, Annotated Code of Maryland, requires the owner of certain residential real property to furnish to the purchaser either (a) a RESIDENTIAL PROPERTY DISCLAIMER STATEMENT stating that the owner is selling the property as is and makes no representations or warranties as to the condition of the property or any improvements on the real property, except as otherwise provided in the contract of sale, or (b) a RESIDENTIAL PROPERTY DISCLOSURE STATEMENT disclosing defects or other information about the condition of the real property actually known by the owner. Certain transfers of residential property are excluded from this requirement (see the exemptions listed below). MARYLAND RESIDENTIAL PROPERTY DISCLAIMER STATEMENT NOTICE TO OWNER(S): Sign this statement only if you elect to sell the property without representations and warranties as to its condition, except as otherwise provided in the contract of sale; otherwise, complete and sign the RESIDENTIAL PROPERTY DISCLOSURE STATEMENT. Property Address: SPARKS RD Legal Description: 50.092 AC NS SPARKS The undersigned owner(s) of the real property described above make no representations or warranties as to the condition of the real property as is, with all defects which may exist, except as otherwise provided in the real estate contract of sale. The owner(s) acknowledge having carefully examined this statement and further acknowledge that they have been informed of their rights and obligations under Section 10-702 of the Maryland Real Property Article. Owner Date Owner Date The purchaser(s) acknowledge receipt of a copy of this disclaimer statement and further acknowledge that they have been informed of their rights and obligations under Section 10-702 of the Maryland Real Property Article. Purchaser Date Purchaser Date MARYLAND RESIDENTIAL PROPERTY DISCLOSURE ACT 10-702. Exemptions. The following are specifically excluded from the provisions of Section 10-702: 1. The initial sale of single family Residential Real Property; 2. A transfer that is exempt from the transfer tax under 13-207 of the Tax-Property Article, except land installment contracts of sale under 13-207(11) of the Tax-Property Article and options to purchase real property under 13-702(12) of the Tax-Property Article; 3. A sale by a lender acquiring the Real Property by foreclosure or deed in lieu of foreclosure; 4. A sheriff s sale, tax sale, or sale by foreclosure, partition, or by court appointed trustee; 5. A transfer by a fiduciary in the course of the administration of a decedent s estate, guardianship, conservatorship, or trust; or 6. A transfer of single family Residential Real Property to be converted by the buyer into a use other than residential use or to be demolished.
LEAD-BASED PAINT AND/OR LEAD-BASED PAINT HAZARDS DISCLOSURE OF INFORMATION AND ACKNOWLEDGEMENT Lead Warning Statement Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller s possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase. Seller s Disclosure (Initial) (a) Presence of lead-based paint and/or lead based paint hazards (check one below): Known lead-based paint and/or lead-based paint hazards are present in the housing (explain): Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the housing. (b) Records and Reports available to the lessor (check one below): Purchaser s Acknowledgement (Initial) Seller has provided the purchaser with all available records and reports pertaining to lead-based paint and/or lead-based paint hazards in the housing (list documents below): Seller has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the housing. (c) Purchaser has received copies of all information listed above. (d) Purchaser has received the pamphlet Protect Your Family From Lead In Your Home (e) Purchaser has (check one below) Agent s Acknowledgement (Initial) Received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or inspection of the presence of lead-based paint or lead-based paint hazards. Waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards. (f) Agent has informed the seller of the seller s obligation under 42 U.S.C. 4852d and is aware of his / her responsibility to ensure compliance. Certification of Accuracy The Following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate. Buyer Date Buyer Date Seller Date Seller Date
LEAD-BASED PAINT HAZARD NOTICE AND AGREEMENT LEAD BASED PAINT HAZARDS. (Title X, Section 10108, the Residential Lead-Based Paint Hazard Reduction Act of 1992) (the Act), required the disclosure of certain information regarding lead-based paint and lead-based paint hazards in connection with the sale of residential real property. Unless otherwise exempt, the Act applies only to housing constructed prior to 1978. A seller of pre-1978 housing is required to disclose to the buyer(s), based upon the seller s actual knowledge, all known lead-based paint hazards in the Property and provide the buyer(s) with any available reports in the seller s possession relating to leadbased paint or lead-based hazards applicable to the Property. The seller, however, is not required to conduct or pay for any lead-based paint risk assessment or inspection. At the time that the offer to purchase is entered into by the buyer(s), the seller is required to provide the buyer(s) with the EPA pamphlet entitled Protect Your Family From Lead In Your Home and a Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards form. The seller is required under the Act to provide the buyer(s) with a ten (10) day time period (or other mutually agreeable time period) for the buyer(s), at buyer(s) expense, to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards unless the buyer(s) waives such assessment or inspection by indication such waiver on the Lead-Based Paint Disclosure form for a period of three (3) years following the date of settlement. The Act is effective September 6, 1996, for a seller who owns more than four (4) dwelling units, whether single-family or multifamily, and December 6, 1996, for a seller who owns four (4) or fewer dwelling units. A SELLER WHO FAILS TO GIVE THE REQUIRED LEAD-BASED PAINT DISCLOSURE FORM AND EPA PAMPHLET MAY BE LIABLE UNDER THE ACT FOR THREE TIMES THE AMOUNT OF DAMAGES AND MAY BE SUBJECT TO BOTH CIVIL AND CRIMINAL PENALTIES. SELLER REPRESENTS AND WARRANTS TO BUYER, BROKER(S), BROKER(S) AGENTS AND SUBAGENTS, INTENDING THAT THEY RELY UPON SUCH WARRANTY AND REPRESENTATION, THAT THE PROPERTY (seller to initial applicable line): X Was constructed prior to January 1, 1978 or Was constructed after January 1, 1978; or Uncertain as to age of the property. SELLER ACKNOWLEDGES RECEIPT OF THE BROCHURE EPA & HUD REAL ESTATE NOTIFICATION AND DISCLOSURE RULE QUESTIONS AND ANSWERS : If the property was constructed prior to January 1, 1978 or if the date of the construction is uncertain, as indicated by Seller s initial above, Seller and Buyer mutually agree that the requirements of the Act shall apply to the sale of the Property. Seller and Buyer acknowledge that the real estate brokers and salespersons involved in the sale of the Property have no duty to ascertain or verify the date of construction and assume no such duty or responsibility. Seller and Buyer agree and represent and warrant, each unto the other, that no binding and enforceable contract shall be deemed to exist or to have been formed unless all the requirements of the ACT were fully satisfied and compiled with prior to the execution of the Contract by Seller and Buyer. Seller and Buyer represent and warrant that each intended, as a material term of the offer and acceptance, that the requirements of the Act by fully complied with as an express condition of the formation of a binding and enforceable contract by and between the parties. Buyer and Seller acknowledge by their signatures below that they have read and understand the provisions of this agreement Buyer Date Buyer Date Seller Date Seller Date
Real Estate Broker Participation Form For the Auction of Taylor s Purchase 1628 and 1722 Sparks Road, Sparks, Maryland 21152 To: Richard Opfer Auctioneering, Inc. Broker Name, Address & Phone Numbers: I will be representing the Buyer in this transaction and would like to register said Buyer for the auction of the property located at 1628 and 1722 Sparks Road, Sparks, Maryland 21152 I understand and agree that I will be paid a commission of 2% of the hammer price at time of settlement. The Buyer is: Buyer Signature: Realtor Signature:
RECEIPT FOR DEPOSIT 1628 and 1722 Sparks Road, Sparks, Maryland 21152 The sum of dollars ($.00) has been received as a deposit for the property located at: 1628 and 1722 Sparks Road, Sparks, Maryland 21152 On. Buyer: (signature) (Printed name) Received by: (signature) (printed name) RICHARD OPFER AUCTIONEERING, INC. A total deposit of Sparks, Maryland 21152 has been collected for: 1628 and 1722 Sparks Road,