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 [...]

DoD Releases Guidelines for Military Homeowners trying to sell

June 1, 2009 by · Leave a Comment 

The Homeowners Assistance Program (HAP) has released the DoD guidelines for Wounded Warriors, Warriors in Transition, and PCS moves.  The government has established a $555 million fund to aid military personnel who are unable to sell their home due to economic constraints. This program, which covers up to 90% of the original purchase price of [...]

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 [...]

$8,000 Tax Credit Can Be Used for Down Payment!

May 15, 2009 by · 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 [...]

How Not to Take Real Estate Photos

May 7, 2009 by · Leave a Comment 

A common complaint among home sellers is that photos that are taken to market their home look less than stellar.  I know how to take a good photo, but my brother knows how to take a GREAT photo.  I know my limitations, and I leave the photo taking up to him. I saw a wonderfully [...]

HAP Military Housing Assistance Program Expands

April 21, 2009 by · Leave a Comment 

Several years ago the Department of Defense rolled out the Housing Assistance Program (HAP) for service personnel the were relocated due to Base Realignment and Closures (BRAC).  Due to the overwhelming mortgage crisis, that program is being expanded, and you may be eligible to receive financial relief if you’re moving due to permanent reassignment! The [...]

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 [...]

Charles County Realty has arrived!

December 20, 2008 by · Leave a Comment 

This blog, formerly known as teambenya.wordpress.com, has finally gotten it’s own identity! The new domain name, http://www.charlescountyrealty.com , is officially up and running. There will be more cosmetic changes within the month, and all for good reason! As you may have noticed, this site is very similar in content to http://www.teambenya.com.  I’d like to fine [...]

New York Times says it's time for first time homebuyers to move!

December 10, 2008 by · 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 [...]

Southern Maryland interest rates drop!

December 6, 2008 by · Leave a Comment 

Wow, if you’re looking to buy a home in southern Maryland, P.G. County, waldorf, etc, rates are sitting as low as 5.375% right now! It’s possible that they may go even lower! This should encourage more people to consider locking in a loan if they’ve been on the fence about the home market. I’m curious [...]

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