Charles County’s Newest Foreclosures, February 2010

February 26, 2010 by Admin · Leave a Comment 

Want to know what the newest foreclosures to hit the market in Charles County? Look no further! Each week I send out foreclosure lists to clients that are looking to take advantage of some really great deals! Here’s the list of foreclosures that have hit the Charles County Market. If you’d like to get the [...]

Did Your Offer Get Rejected By the Bank?

January 7, 2010 by Admin · 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 [...]

Unbelieveable Price for a HUGE Home in Indian Head, MD!

December 12, 2009 by Admin · Leave a Comment 

For all of you deal hunters out there, this is a can’t miss property that won’t last long!  It’s a 5 bed, 3.5 bath single family home in Indian Head, MD, located on 9 Riverwatch Ln for only $218,207!!!  In addition to being a huge home, it also has a full, unfinished basement, brick front, [...]

Southern Maryland Foreclosures: What You Should Know!

May 20, 2009 by Admin · 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 [...]

Charles County's Foreclosure Real Estate Market- January 2009 update

January 5, 2009 by Admin · Leave a Comment 

Here’s a quick look at the local Charles County Foreclosure real estate market. From Waldorf to Newburg, if you’re looking for a foreclosure in Charles County, MD, you need to talk to Team Benya! How many foreclosures are available for sale in Charles County right now? 71 (See a free list of them here!) This [...]

Foreclosure flipping in Charles County, MD

December 20, 2008 by Admin · 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 A Charles County MD Real Estate Foreclosure?: Get It Inspected!

August 21, 2008 by Admin · Leave a Comment 

There seems to be a common misconception about buying a real estate foreclosure in Charles County.  Banks are trying to get as much money as possible for the real estate they own, but they typically demand that their homes are sold “as-is” (What Does “as-is” mean in real estate?). This does NOT mean that you [...]

The Art of Lowballing a Foreclosure

August 20, 2008 by Admin · 1 Comment 

Trying to buy one of the multiple foreclosures (REO, or Real Estate Owned) for sale in Waldorf, MD or Charles County MD? Most folks who are trying to buy a foreclosure are looking for a great deal, and while there are some deals to be had, it seems like there is just as much overpriced [...]

Waldorf, MD Foreclosure Update for August, 2008

August 11, 2008 by Admin · Leave a Comment 

What’s Happening The Waldorf, Maryland housing market may be slow, but there seems to be a ton of buzz being generated by the local foreclosure real estate sales market!  A quick check of the Multiple Listing Service (MLS) shows that there are currently 31 vacant, bank owned (REO, or Real Estate Owned) homes for sale [...]

Hope for Homeowners Act of 2008; Who does this help in Maryland?

July 30, 2008 by Admin · Leave a Comment 

It’s official: The Hope for Homeowners Act of 2008 has been signed by the president and now we shall see who this helps.  For struggling homeowners in Maryland, here’s a quick breakdown of the criteria to qualify: In order to apply for this program, you must: Have a loan originated prior to 2008 Be paying [...]