Metro Dream Homes- How Many People are Involved? and Auction Re-Cap
February 11, 2008 by admin · 3 Comments
The Real Estate Market in Southern Maryland has been incredibly busy so far this year, so I have been unable to post updates to this blog about Metro Dream Homes.
I have heard quite a bit recently, however, so I’d like to briefly catch everyone up on what I can. First [...]
METRO DREAM HOMES- Auction Scheduled (1/23/2008)
January 21, 2008 by admin · Leave a Comment
Just a quick update for all of you keeping track of what’s happening with Metro Dream Homes and Metropolitan Grapevine….
There’s going to be an auction of MDH assets this Wednesday, January 23rd, at 11am. Included in the list of items up for sale:
Large Screen TVs, AVAYA phone systems, printers, copiers, [...]
METRO DREAM HOMES- Scope of Receivership is expanded
January 13, 2008 by admin · Leave a Comment
Just as a quick update to the Metropolitan Dream Homes situation, California has granted a receivership order for and Invotex representative to take control of California based assets of Metropolitan Grapevine and related companies.
The order came at the end of December (December 21st), which leads me to ask this:
Just how deeply buried is the truth [...]
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 did jail [...]
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 [...]
