METRO DREAM HOMES- Homeowners who need to get out!
November 1, 2007 by Admin · Leave a Comment
I’ve gotten a few calls this week about Metro Dream Homes and here at Team Benya we are working with homeowners involved in this scandal to help them get out from under their inflated mortgage payments by negotiating short sales with the banks directly to get their homes sold before they go to [...]
Metropolitan Dream Homes- Just a quick update
November 1, 2007 by Admin · Leave a Comment
I just received a copy of an email sent to investors from Metropolitan Dream Homes (MDH). Included in my post is a copy of that email:On October 29, 2007, in the Circuit Court for Prince George ’s County, Judge Smith ordered that the Motion for Freeze of the Assets of POS DH, LLC, Metropolitan Grapevine, [...]
METRO DREAM HOMES- Parent Company POS in receivership
October 31, 2007 by Admin · Leave a Comment
I want to make sure I keep you guys updated on the unfolding Metro Dream Homes scandal; It seems a company named Invotex has taken temporary receivership of POS, which is the parent company for Metro Dream Homes. They have set up a website where interested people can view copies of the court [...]
Update on Metro Dream Homes….. it's not looking pretty…..
October 30, 2007 by Admin · Leave a Comment
There’s a front page article in today’s Fredericksburg, VA Free Lance-Star. It seems that the Attorney General has established that the company is in debt by at least $300,000,000! Their assets have been frozen and they’re trying to find the money trail, but so far only $150,000 has been found so far. They [...]
METRO DREAM HOMES- If it sounds too good to be true….. It probably IS!!!
October 28, 2007 by Admin · Leave a Comment
Just another local real estate scam that is getting lots of attention, particularly from the Attorney General in Maryland AND Virginia. Essentially the accusation goes something like this: Metro Dream Homes convinced people to buy in to their investment program (about 10%-15% of the value of their home) and MDH would "invest" that [...]