Open Seats at Schools Mean More New Homes
February 9, 2010 by Jonbenya · Leave a Comment
Earlier this month, Charles County commissioners made some changes to now require seats (or spots for students) be open at all schools and at all levels (elementary, middle, and secondary) before more new homes are allowed to be built.
According to the Independent, this ‘one seat, one residence’ rule has allowed between 138 and 144 new [...]
Is Your Rental Being Foreclosed on? Know Your Rights!
February 5, 2010 by Jonbenya · Leave a Comment
If you are a renter, chances are you are nervous about the stability of your lease in this market. Previously, if the owner of the property was foreclosed on, the tenant would be out of luck and out on the street. The law said that leases signed after the mortgage date would be extinguished by [...]
Make Sure You Get the Alarm Code to Your New Home Before Settlement!
January 22, 2010 by Jonbenya · Leave a Comment
When looking to buy a house, it can be an added bonus that a potential home has a security system already installed. The most common are the basic alarm systems that sound a noise when doors or windows are opened or compromised. If you’ve seen the homes with “This Home Protected By [COMPANY]“ signs in [...]
Lower Appraisals Hurting Sellers
January 20, 2010 by Jonbenya · Leave a Comment
With the influx of foreclosed and distressed properties crowding the market, it’s no wonder that sellers are up in arms about their home’s appraisal coming in thousands of dollars short of the listed price of the home. In their eyes, and the eyes of many Realtors, it is simply not fair to compare a standard [...]
Southern Maryland Devloper Going Green
January 15, 2010 by Jonbenya · Leave a Comment
Southern Maryland, (and more specifically, Waldorf) developer American Community Properties Trust (ACPT) recently announced plans for a community of green, energy-saving homes right here in St. Charles. Their vision entails a 12,000 home community, complete with offices, stores, and industrial parks. ACPT is also banking on plans for a large solar energy facility and natural [...]
Waldorf Developer Sold to Private Equity Firm
January 14, 2010 by Jonbenya · Leave a Comment
News was recently announced that Washington D.C.’s Federal Capital Partners Completed the purchase of American Community Properties Trust (ACPT) for $43.6 Million Dollars. This is big news for the Waldorf real estate market, as ACPT is a big developer here in Southern Maryland
Who is ACPT?
In short ACPT is the developer responsible for developing the Saint [...]
Charles County, MD Property Tax Assessments Fall 28.2%
January 6, 2010 by Jonbenya · Leave a Comment
If you live in Waldorf or St. Charles, odds are good that you should have just gotten some good news in the mail! New tax assessments were just released for roughly one-third of the county, mostly in Waldorf and Saint Charles, and over 99% of those assessments FELL from the previous years!
What Is a Property [...]
Cross County Connector Delayed Again
December 31, 2009 by Jonbenya · Leave a Comment
Once Again, the decision on the fate of the Cross County Connector has been put on hold. I’ve been following the progress (or lack thereof) on this project since July, 2008, and it’s no big surprise that the decision of the road has been pushed back once again.
Essentially the dispute is between the County Commissioners, [...]
