Bank Screws Up, Locks Owner Out of Home Anyways

December 21, 2009 by admin · Leave a Comment 

Nothing Surprises me when it comes to banks and their foreclosures anymore.  “Wall Street has failed Main Street”, right?  The latest news reports say banks are making record profits while the average American is Unemployed, Underemployed, Underpaid, and Under-Water on their mortgage. Unbelievable!
This next story should come as no surprise then, as a New [...]

Fannie Mae decides they like renters!

December 22, 2008 by admin · Leave a Comment 

Mortgage giant Fannie Mae has made a major policy change nationwide for renters living in properties that they have foreclosed on.  Up until now, renters could be forcibly evicted from their home after a foreclosure occurred, often without any warning whatsoever.  Starting January 9th, when they start their foreclosures back up, they plan to start [...]

Foreclosure Prevention Workshop in Waldorf on May 9th!

May 8, 2008 by admin · Leave a Comment 

Housing Foreclosure Prevention Workshop.
    With increasing distress over the slumping housing market and mounting foreclosures, Rep. Hoyer has announced a free foreclosure prevention workshop to brief homeowners on their financing options and assist them in taking steps to avoid foreclosure.
    The workshop, which will include the participation of many of the [...]

Adventures in New Home Buying

May 6, 2008 by admin · Leave a Comment 

    I got a call this week from a woman who had read my blog post "Are New Construction Prices Negotiable?", and she was curious about how to deal with builders in Prince George’s County who seem to be playing some sort of "Shell Game" when it comes to dropping the price, charging more [...]

Understanding the Foreclosure Auctions

February 22, 2008 by admin · Leave a Comment 

The Washington Post just posted an article titled: "Foreclosure Auctioneer’s Lonely Task".  It’s an interesting read, even if it’s a bit theatrical.  There was a quote in there that I found particularly striking:
"Banks don’t want your house; they want your money. They want to work with you so you can keep your house. With the [...]

Maryland Foreclosure Prevention Event!

February 22, 2008 by admin · Leave a Comment 

    If you’re currently at risk of foreclosure in the state of Maryland, there’s a big event that you should be at!
    March 5th is the date, and the Showplace Arena in Upper Marlboro, MD is the location!  Here’s the skinny:
    Prince George’s County is sponsoring the event, along with HUD and [...]