Down Payment Assistance for PG County Foreclosures!

July 7, 2009 by · Leave a Comment 

If you’re looking to purchase a foreclosure in PG County and you’re a first time home buyer, there’s good news afoot!  HUD has approved a new program to provide down payment assistance for low income families in PG county ONLY! The Neighborhood Stabilization Program (NSP) and the Down Payment Closing Cost Assistance Program (DPCCA) have [...]

Charles County's June 2009 Real Estate Outlook

June 22, 2009 by · 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 [...]

Southern Maryland Foreclosures: What You Should Know!

May 20, 2009 by · 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 [...]

Jonathan Benya's Interview in the Baltimore Sun

April 8, 2009 by · Leave a Comment 

Jamie Smith Hopkins, a reporter for the Baltimore Sun and awesome real estate blogger emailed me last week about possibly doing a Q&A for the Newspaper. We chatted for 20 minutes or so about the market, foreclosures, credit scores, finding deals, and what the market is really like right now.  You can find the article [...]

Senator Theatre in Baltimore, MD facing Foreclosure

March 26, 2009 by · Leave a Comment 

For years now, the old art-deco movie house has stood as a testament to a bygone era.  Aside from the occasional movie premiere, filling the 900+ seat theater has been a challenge.  Competition from your big 24 screen multiplexes is more efficient, and the Senator Theater in Baltimore, MD has had trouble paying it’s bills [...]

Avoiding Bad Apples

March 3, 2009 by · 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! [...]

Charles County's Foreclosure Real Estate Market- January 2009 update

January 5, 2009 by · Leave a Comment 

Here’s a quick look at the local Charles County Foreclosure real estate market. From Waldorf to Newburg, if you’re looking for a foreclosure in Charles County, MD, you need to talk to Team Benya! How many foreclosures are available for sale in Charles County right now? 71 (See a free list of them here!) This [...]

Fannie Mae decides they like renters!

December 22, 2008 by · 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 flipping in Charles County, MD

December 20, 2008 by · 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 [...]

Are Fannnie Mae and Freddie Mac doing more harm than good?

November 27, 2008 by · Leave a Comment 

Looks like Fannie Mae and Freddie Mac have decided to play Santa Claus this year. The two mortgage giants have decided to freeze all of their foreclosures that are scheduled to happen between now and the new year. “The two companies say they will halt foreclosure sales between Nov. 26 and Jan. 9, while they [...]

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