Charles County's June 2009 Real Estate Outlook
June 22, 2009 by Admin · Leave a Comment
There’s good news in the Southern Maryland real estate market! While we’re not out of the downturn just yet, recent changes in the market are positively affecting home sales! Here’s what the Charles County real estate market looks like: May 2009 2009 2008 Total Sold Dollar Volume: $ 33,466,939 $ 33,607,138 – 0.42 % Average [...]
Filed under Buying, Century 21, Charles County, Charles County Real Estate, Charts, Foreclosure, La Plata, Maryland, MD, Real Estate, Southern Maryland, Southern Maryland Real Estate, Waldorf, Waldorf Real Estate · Tagged with Century 21, Charles County, Charles County Real Estate, Home Sales, Market Report, Maryland, MD, Southern Maryland, Southern Maryland Real Estate, Statistics, Team Benya, Waldorf
Southern Maryland Foreclosures: What You Should Know!
May 20, 2009 by Admin · Leave a Comment
Foreclosures are a great opportunity to get a home at a bargain price in Southern Maryland. Home buyers need to be wary, however, because there are several easy to miss pitfalls and risks associated with buying a foreclosure. 1. Condition Dictates Value This means that the condition of the home will affect what the home [...]
Filed under Buying, Century 21, Charles County, Foreclosure, Foreclosures, La Plata, Maryland, MD, Real Estate, Southern Maryland, Southern Maryland Real Estate, Team Benya, Waldorf, Waldorf Real Estate · Tagged with Buying a Foreclosure, Calvert County Foreclosures, Calvert County Real Estate, Century 21, Century 21 New Millennium, Charles County, Charles County Foreclosures, Charles County Real Estate, home buying, Maryland, MD, Southern Maryland, southern maryland Foreclosures, Southern Maryland Real Estate, st. mary's county foreclosrues, St. mary's County Real Estate, Team Benya, Waldorf
$8,000 Tax Credit Can Be Used for Down Payment!
May 15, 2009 by Admin · Leave a Comment
If you’re looking to buy your first home but can’t afford the down payment, there may be help out there! Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a [...]
Filed under Buying, Buying a Foreclosure, Calvert County, Century 21, Charles County, La Plata, Maryland, MD, PG County, Prince George's County, Prince George's County Foreclosures, Real Estate, real estate agent, Southern Maryland, St. Mary's County, Team Benya, Waldorf, Waldorf Real Estate, White Plains · Tagged with $8, 000 Tax Credit, Accokeek, Buying a home, Calvert County, Century 21, Century 21 New Millennium, Charles County, Down Payment, FHA, FHA Guidelines, FHA Limits, first time home buyers in southern maryland, Forst Washington, Home Buyers, Housing and Urban development, NAR, PG County, pg county real estate, Prince George's County, prince georges county real estate, Shaun Donovan, Southern Maryland, Southern Maryland Real Estate, St. Mary’s County, Team Benya, Waldorf
Avoiding Bad Apples
March 3, 2009 by Admin · Leave a Comment
Unfortunately, sometimes things just don’t go according to plan. Bad apples exist everywhere, especially in the real estate market. You do your best to avoid them, but the problem with bad apples is that they may look great on the outside, and there’s no way to know about that worm waiting for you to bite! [...]
Filed under Buying, Buying a Foreclosure, Calvert County, Calvert County Foreclosures, Charles County, Charles County Foreclosures, Charles County Real Estate, Foreclosure, Foreclosures, Howard County Foreclosures, Maryland, MD, Real Estate, Southern Maryland, Southern Maryland Real Estate, St. Mary's County, Waldorf, Waldorf Real Estate · Tagged with Buying a Foreclosure, Charles County, Foreclosures, Maryland, MD, Southern Maryland, Southern Maryland Real Estate, title companies
$8,000 incentive for first-time home buyers!
February 26, 2009 by Admin · Leave a Comment
The federal government is really pushing home buying incentives right now! It was recently announced that first time home buyers would be eligible for an $8,000 tax credit if they purchased a home in 2009. How it Works: Any first-time home buyer who purchases a home between January 1, 2009 and November 30 , 2009 [...]
Filed under Buying, Charles County, Maryland, Real Estate, Southern Maryland, Waldorf · Tagged with $8000 tax credit, Buying a home, Charles County, Charles County Real Estate, first time home buyers in southern maryland, Maryland, MD, SOMD, souther maryland, Southern Maryland Real Estate, tax credits, waldorf real estate la plata real estate
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 [...]
Filed under avoiding foreclosure, Buying, Charles County, Foreclosure, Foreclosures, Lending, Real Estate, Southern Maryland · Tagged with Eviction, Fannie Mae, fannie mae policy change, Foreclosure, government bailout, Real Estate, renting, southern maryland foreclosure news, tenants
Foreclosure flipping in Charles County, MD
December 20, 2008 by Admin · Leave a Comment
I’m seeing an increase recently of investors in Charles County looking to buy and flip foreclosures. For the savvy investor there is a big opportunity to make a nice chuck of change, particularly in Waldorf, but it’s not as easy as Flip This House makes it seem. Selling a home is still tough in this [...]
Filed under Buying, Century 21, Charles County, Foreclosure, Foreclosures, Investment, La Plata, Maryland, MD, Real Estate, Southern Maryland, Waldorf · Tagged with Charles County, Charles County Foreclosures, Charles County Real Estate, charles county realty, flip this house, flipping, flipping foreclosures, foreclosure flipping, real estate investing, real estate investment, Southern Maryland, Southern Maryland Real Estate, Waldorf, Waldorf Foreclosures, Waldorf Real Estate
New York Times says it's time for first time homebuyers to move!
December 10, 2008 by Admin · Leave a Comment
The New York Times published an article Friday stating that now is the time for first time home-buyers to take advantage of the market. It’s an interesting read, but the cliff notes version of it is that interest rates are below 5.5% right now, and it’s possible that they may be pushed down to as [...]
Filed under Buying, Buying a Foreclosure, Century 21, Charles County, La Plata, Maryland, Real Estate, Southern Maryland, Waldorf · Tagged with Buying a home, Century 21, Charles County, Home Values, La Plata, mortgage rates, New York Times, Southern Maryland, Southern Maryland Real Estate, Waldorf
Great News for Home Buyers!
December 3, 2008 by Admin · Leave a Comment
Great news about the real estate market for home buyers! Home loan rates have fallen by half a point in the last week! This means that it is possible to get a home loan for less than 5.5%, which is great news for potential home buyers, and will hopefully increase sales, too! If you’re in [...]
Filed under Buying, Charles County, Lending, Maryland, Real Estate, Southern Maryland · Tagged with Buying a home, Charles County, home loan, Maryland, mortgage, mortgage rates, Real Estate, Southern Maryland, Southern Maryland Real Estate
Lennar Homes Fairway Village in Waldorf, Maryland
November 15, 2008 by Admin · Leave a Comment
Lennar Homes is responsible for several new construction developments in Charles County, and could be considered one of the regions largest builders. Among their projects is the 55+ community known as the Heritage at St. Charles, and the Fairway Village Subdivision. The Fairway Village Subdivision is really quite impressive. The townhomes are in the $200k-$300k [...]
Filed under Buying, Charles County, Maryland, MD, new construction, New Homes For Sale, Real Estate, Southern Maryland, Southern Maryland Real Estate, Waldorf · Tagged with Charles County, Fairway Village, Lennar, Lennar Homes, Maryland, MD, new construction, Real Estate, Southern Maryland, Southern Maryland Real Estate, Team Benya, Waldorf