Did Your Offer Get Rejected By the Bank?

January 7, 2010 by Jonbenya · Leave a Comment 

I’ve had several clients recently who have come up against a common challenge in buying a home right now, and I’m not talking about tough lending standards!  It’s hard enough to be a first time home buyer in Southern Maryland;  Trying to understand the loan process can be stressful, understanding all of the moving parts [...]

Foreclosure flipping in Charles County, MD

December 20, 2008 by Jonbenya · 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 [...]

Buying foreclosures for pennies on the dollar from banks

June 18, 2008 by Jonbenya · 1 Comment 

     Everybody that is looking to buy a foreclosure is trying to get a great deal, right?  That’s the goal at least, and a lot of people are finding it frustrating to actually find the "deal" hidden amongst the overpriced dreck that’s saturated the market.
    What most people don’t realize is that the [...]

Charles County Foreclosure Update March 2008

March 2, 2008 by Jonbenya · Leave a Comment 

    I’m seeing more and more foreclosures, and none of the government assistance programs seem to be helping stem the tide of foreclosures that we’re currently seeing.
Do Foreclosures Affect My Home’s Value?

    In Charles County in the last 60 days, there have been 12 foreclosures that have been sold, and a total of [...]

Homeowners See Possible Relief…. Pros & Cons Abound

December 7, 2007 by Jonbenya · Leave a Comment 

    The cat is out of the bag, and it looks like there may be help for people who are facing unmanageable ARM’s.  Now *some* people with these sub-prime mortgages can get their teaser rate frozen for 5 years in order to avoid impossible payments.
    The New York Times has a good article [...]

Foreclosure Buying Tips- What You NEED To Know! Part 3- Post Foreclosure and REO Properties

November 24, 2007 by Jonbenya · Leave a Comment 

    This is part 3 of a 3 part series on how
foreclosures work and how to find the best home to fit your needs at
the best price.
    There’s really no great mystery
to it, but there is a process and I’m here to do my best
explaining how each step works and how you can [...]

Foreclosure Buying Tips- What You NEED To Know! Part 2- Foreclosures and Auctions

November 24, 2007 by Jonbenya · Leave a Comment 

    This is part 2 of a 3 part series on how foreclosures work and how to find the best home to fit your needs at the best price.
    There’s really no great mystery
to it, but there is a process to it and I’m here to do my best
explaining how each step works [...]

Charles County Real Estate Market Report – November 2007

November 17, 2007 by Jonbenya · Leave a Comment 

     Wow, this has been an incredibly difficult year to try selling a home!  As I’ve mentioned in previous blogs, Countrywide Home Loans was the first to take action to help ease consumer strain and keep people from being foreclosed on.  It may be to early to tell, but it looks like we’re starting [...]

But….. I Didn't MEAN to sell it for $280 Million…. I highly doubt it'll sell ma'am….

November 12, 2007 by Jonbenya · Leave a Comment 

Let me start by saying that information is great.  Technology has been wonderful for our industry, and it’s revolutionized the way we do business (Those Agents who had to keep their listings on Index Cards know EXACTLY what I’m talking about!).
But with great responsibility comes great power (I heard that someone important said that once), [...]

METRO DREAM HOMES- A little more information has trickled in

November 12, 2007 by Jonbenya · Leave a Comment 

It’s frightening to think of just how deep the bottom line has been buried in regards to Andy Williams and Metropolitan Dream Homes.
Here’s the latest info- 18 companies have been determined as subsidiaries of Metro-Grapevine, the parent company of Metro Dream Homes ( aka MDH ).  over 1,000 people are financially involved.  Company assets that [...]

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